The average rate on a 30-year mortgage slipped slightly to 6.76% from 6.85% last week, according to mortgage buyer Freddie Mac.The number of homes actively for sale grew 27.5% compared to last year, the 16th straight month of growth.Newly-listed homes increased 4.2% year-over-year.The median price of homes for sale in February fell 0.8% to $412,000.Realtor.com also reports a growing number of listings with price reductions, with 16.8% of sellers cutting prices in the month of February.How long before we hit equilibrium? 

The rider was along for the ride to pull units from each crib.  

I'm curious to dive deeper into the Santa Fe market and would love to learn from those with local experience.

As far as benefit to the seller goes, @Matthew Paul I think you are probably right on the money and regardless of whether they would have preferred to stay in this house rather than move, it is likely providing them some excellent cash flow; and I'd be hard-pressed to come up with a deal that serves both parties better than the current situation. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

The instruction stated it should go on form 4797, and the loss is subject to unallowable loss limit.

A kitchen fire in the back unit got a little out of control and burned up to the roof.

My name and personal cell come up easily.Finding deals: I send letters to people behind on mortgage.

The transaction was relatively simple.

Didn't really put much into it besides painting the units and replacing things as they broke over the years.