Bank Accepted offers on 2 properties

[Nor-LA-SD-guy]

Hi Waiting Hawk,

Yep those sound like really good deals, I had a friend who had an offer accepted on a bank owned property in Temecula (his retirement place), it was supposed to close on June 2nd, he is still waiting to hear from them. He called the realtor he was working with as well as the Bank but got the same answer from both, Don’t call us , we will call you when we are good and ready,

Be careful, seems some of these banks maybe playing games of some sort;

Also check to see if there is a clause something like “subject to investor approval” .

[waiting hawk]

Good call on that Nor-LA-SD-guy. They better not drag out because I have a 100 dollar per diem over the 30 day escrow. If they drag their feet I have to get an extention. You are right, banks are a total pain in the butt.

[waiting hawk]

Good call on that Nor-LA-SD-guy. They better not drag out because I have a 100 dollar per diem over the 30 day escrow. If they drag their feet I have to get an extention. You are right, banks are a total pain in the butt.

[waiting hawk]

Good call on that Nor-LA-SD-guy. They better not drag out because I have a 100 dollar per diem over the 30 day escrow. If they drag their feet I have to get an extention. You are right, banks are a total pain in the butt.

[waiting hawk]

Good call on that Nor-LA-SD-guy. They better not drag out because I have a 100 dollar per diem over the 30 day escrow. If they drag their feet I have to get an extention. You are right, banks are a total pain in the butt.

[waiting hawk]

Good call on that Nor-LA-SD-guy. They better not drag out because I have a 100 dollar per diem over the 30 day escrow. If they drag their feet I have to get an extention. You are right, banks are a total pain in the butt.

[SD Realtor]

Hawk congratulations on you purchases! I would pretty much agree with all of the points that sdr put on his threads. Yours is pretty much an example of getting what works for you at the time it works for you. There is not an argument that more depreciation could continue in the areas that you made your purchases. The simple fact is that these properties made sense for your situation at the present. True you may have been able to buy them at a lower price in the future but your own calculations seemed to indicate that for you, the time was right.

Anyways best of luck!

SD Realtor

[SD Realtor]

Hawk congratulations on you purchases! I would pretty much agree with all of the points that sdr put on his threads. Yours is pretty much an example of getting what works for you at the time it works for you. There is not an argument that more depreciation could continue in the areas that you made your purchases. The simple fact is that these properties made sense for your situation at the present. True you may have been able to buy them at a lower price in the future but your own calculations seemed to indicate that for you, the time was right.

Anyways best of luck!

SD Realtor

[SD Realtor]

Hawk congratulations on you purchases! I would pretty much agree with all of the points that sdr put on his threads. Yours is pretty much an example of getting what works for you at the time it works for you. There is not an argument that more depreciation could continue in the areas that you made your purchases. The simple fact is that these properties made sense for your situation at the present. True you may have been able to buy them at a lower price in the future but your own calculations seemed to indicate that for you, the time was right.

Anyways best of luck!

SD Realtor

[SD Realtor]

Hawk congratulations on you purchases! I would pretty much agree with all of the points that sdr put on his threads. Yours is pretty much an example of getting what works for you at the time it works for you. There is not an argument that more depreciation could continue in the areas that you made your purchases. The simple fact is that these properties made sense for your situation at the present. True you may have been able to buy them at a lower price in the future but your own calculations seemed to indicate that for you, the time was right.

Anyways best of luck!

SD Realtor

[SD Realtor]

Hawk congratulations on you purchases! I would pretty much agree with all of the points that sdr put on his threads. Yours is pretty much an example of getting what works for you at the time it works for you. There is not an argument that more depreciation could continue in the areas that you made your purchases. The simple fact is that these properties made sense for your situation at the present. True you may have been able to buy them at a lower price in the future but your own calculations seemed to indicate that for you, the time was right.

Anyways best of luck!

SD Realtor

[poorsaver]

I’ve been looking at Arrowhead, too, but haven’t found anything the likes of your deal. In fact, to me prices haven’t come down much at all up there. Did you buy a “cabin” or a home. I did see some old cabins that are basically large wood sheds for cheap. But regular 3/2s are holding up. And the area you’re talking about in Alta Loma is another one that I’m looking at. I have a friend who lives there. Prices are still around a million for a home like his, on about half acre, 4000 sq. ft, not $650K as you suggest. For the areas I’m looking at, prices haven’t come down hardly at all for the prime properties. Guess location, location, location still applies.

Poorsaver, thanks to you, Ben

[poorsaver]

I’ve been looking at Arrowhead, too, but haven’t found anything the likes of your deal. In fact, to me prices haven’t come down much at all up there. Did you buy a “cabin” or a home. I did see some old cabins that are basically large wood sheds for cheap. But regular 3/2s are holding up. And the area you’re talking about in Alta Loma is another one that I’m looking at. I have a friend who lives there. Prices are still around a million for a home like his, on about half acre, 4000 sq. ft, not $650K as you suggest. For the areas I’m looking at, prices haven’t come down hardly at all for the prime properties. Guess location, location, location still applies.

Poorsaver, thanks to you, Ben

[poorsaver]

I’ve been looking at Arrowhead, too, but haven’t found anything the likes of your deal. In fact, to me prices haven’t come down much at all up there. Did you buy a “cabin” or a home. I did see some old cabins that are basically large wood sheds for cheap. But regular 3/2s are holding up. And the area you’re talking about in Alta Loma is another one that I’m looking at. I have a friend who lives there. Prices are still around a million for a home like his, on about half acre, 4000 sq. ft, not $650K as you suggest. For the areas I’m looking at, prices haven’t come down hardly at all for the prime properties. Guess location, location, location still applies.

Poorsaver, thanks to you, Ben

[poorsaver]

I’ve been looking at Arrowhead, too, but haven’t found anything the likes of your deal. In fact, to me prices haven’t come down much at all up there. Did you buy a “cabin” or a home. I did see some old cabins that are basically large wood sheds for cheap. But regular 3/2s are holding up. And the area you’re talking about in Alta Loma is another one that I’m looking at. I have a friend who lives there. Prices are still around a million for a home like his, on about half acre, 4000 sq. ft, not $650K as you suggest. For the areas I’m looking at, prices haven’t come down hardly at all for the prime properties. Guess location, location, location still applies.

Poorsaver, thanks to you, Ben

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