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Heather, Thanks for sharing. Congratulations ! great house and location....

There is plenty to come and sufficient for all SSers if you agree with RealtyTrac data. http://www.dailybreeze.com/business/ci_17158322 "properties still have to go through the foreclosure process, which means 2011 could be a record-high year for foreclosures, according to RealtyTrac...

Extending bevk question bit further. Emma, Which umbrella and homeowner/landlord insurance do you recommend for properties in LV. I see geico and usaa looks popular. Are there any other insurance involved apart from title, homeowner/landlord, umbrella.

Huurayyyyyyyyyy ! Congrats Costa. Whats your plan going forward. Looks like you gave 5$ discount to tennants :)

Emma, Can you please explain closing/settlement process in detail, say once offer is accepted, what are the further action item until buyer owns the title. Also, please share the cost associated at each step. Are there any major difference in the closing process for cash buy vs mortgage buy.

I would like to say Thank you to Emma and Lawjs for sharing there thingys :) and other's as well who has contributed in this thread. Everything is in this thread, now we can complete this full process if people get actual rented properties and then retire ;). Emma, please keep us posted how you...