Our first deal was a 3150 sq. ft. home in a good neighborhood in Missouri. Records indicated that it sold for $188,000 in 2006. It was a foreclosure initially listed at $199,000, then dropped to $149,000 over six months. We first offered $136,900, they countered at $147,900, we countered at $141,900 and it was accepted.

Fair Market Value sales in that area indicate about a $207,000 value, that’s over $60,000 in equity.

We wouldn`t have stepped "out of our box" without PMI and the supporting/encouraging coaching that is as close as your telephone. The number crunching they helped me with to support an appropriate offer was particularly helpful.

I recommend carefully watching each of the training sessions. Follow along consecutively. Watch them 2-3 or times to pick up things you may have missed.

Jim B.