You guessed it...your pocket, and you are now substantially in the red...as in losing "your" money.Calculating a return on your investment using "%'s", and "feel good" risk controls, is an illusion...and this property is a terrible investment.

A sustained bull run increases downside potential but it gives many people the illusion of safety.

You get the illusion that you are making progress, but how would you know?

When I see people quit, 90% of the time it is not because of vision, it is because of an illusion that the grass is greener on the other side.

The only reason ill use an inspection moving forward is if I want to use it to negotiate with the seller.

The added CF from the pay down is an illusion. 

Or perhaps the seller is trying to be clever, taking the dollars that otherwise could be applied to a price reduction and instead using them to create the illusion of a stronger-than-actual cash flow.Always look for the story behind the story.

Thanks for Your response DJ, im still looking for My first deal and ill use my local newspaper for a refreference.

you don't think it has anything to do with padding stats and creating the illusion of a massive contributor to BP.. my assessment is some of them are that way but others are trying to gain status

I still drive by those certain houses once in awhile with for sale signs in front still.from a definition stand point, Active/Pending-Short Sale - Offer has been accepted by seller and has been presented to financial institution but has not been accepted - property is still available for showing and back up offers are being accepted.i know short sales take awhile to close but even some houses that hit day one have this active/pending label. thinking this a tactic to create an illusion of another fake buyer to drive up price.one house keeps changing price up and down on listing, how can this house be pending a short sale if the listing price keep changing?