The market here has spiked considerably and will continue rising into the summer.

I know there are probably tons of considerations to factor in.

The considerations are: Time, Cost, and Quality; pick two and go for it!

The seller then doesn't pay the 3K, same as getting 3k extra at settlement.Any amounts paid to a seller that are not applied to settlement costs is consideration in the sales transaction raising the sale price, the money must be applied to the sale somewhere, either to the expenses or it increases the sale price.

In his markets and at the level his investments fit into that market, there is considerable competition for the available work.

Lifestyle is also a consideration.

For any contract a key element is consideration, there are two issues that apply in holding one to the terms of a contract, those that say give $5 as consideration are only looking at issues at law, but there are equally issues of equity, is the consideration sufficient for the rights extended or in the scope of the dealings anticipated is the considerartion apporopriate, given the risks and rewards afforded under the contract, this is where the $5 down folks fail in giving sufficient consideration.2.

That's why there is the EMD aka (consideration).

Hi Mike NeubauerBuying on terms, whether it be a wrap, sub2, cfd-land contract, lease option all does not matter with the SAFE act, but when you sell alot of properties on terms, the SAFE act applies.See http://www.realtor.org/topics/seller-financing/the-safe-actYOu need to properly underwrite the borrower and the borrower needs the same consideration as a conventional underwriter.Bill Gulley should chime in here.Brian

Remember, however, that there are other things of considerable value that aren't necessarily monetary.