House Hunting!

Do not be afraid to make an offer that is ridiculously low.

For example: Asking price = 160k, in todays market 100k would be a serious offer, especially on a foreclosure. (hell, an 80k cash offer could get it)

Friend of mine just bought a 2nd house (to be used as a rental). It listed a 89k, he got it for 54k with a cash offer.