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Ethical values in real estate business (by R P.):

samuelsamo wrote:
Everyone talks about hammering sellers to get the best price – about getting every dime you can out of a transaction. Last week a friend of mine was bragging about how he got this old lady to sell her house to him at 50% of it’s value! He’s going to make a big chunk of money on it too. Here’s my question, HOW DOES HE SLEEP AT NIGHT???

Your friend may be dreaming .... many people owe more money on their homes than their appraised value due to overinflated home prices and the recent real estate fiasco bombshell landed.