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You need to understand who you are dealing with first.
Tax codes get changed all the time.
More discount on the way.
http://news.yahoo.com/s/ap/20110224/ap_on_bi_ge/us_foreclosure_sales
...fewer foreclosed homes were sold in 2010 than were taken back by banks, foreclosure listing firm RealtyTrac Inc. said Thursday.
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http://finance.yahoo.com/news/Home-prices-fall-41-near-2009-cnnm-2016472877.html?x=0
I am reminded of the lyrics of the enlightened Jay Sean: "down, down, down, down, down, down..."
The bust continues. Make popcorn.