Just curious

[AK]

In escrow now after making any number of offers in the last 11 months. In many cases I was UNDERbid, i.e. property closed for less than I offered. Lots of really questionable REO deals these days, and that’s not just my opinion.

I think a lot of the difference in opinion on this site can be attributed to our preferred markets and price points … I agree the coastal high end is likely to go down in the near future, but my budget was a bit more proletarian.

[1stimebuy]

I agree REO deals are weird. I think the best bet is to NOT get a buyer’s agent and go to the listing agent directly. Of course you will have to access MLS to get the listing agent’s contact… 🙂

Unfortunately I personally know my agent so I can’t do this…

[1stimebuy]

I agree REO deals are weird. I think the best bet is to NOT get a buyer’s agent and go to the listing agent directly. Of course you will have to access MLS to get the listing agent’s contact… 🙂

Unfortunately I personally know my agent so I can’t do this…

[1stimebuy]

I agree REO deals are weird. I think the best bet is to NOT get a buyer’s agent and go to the listing agent directly. Of course you will have to access MLS to get the listing agent’s contact… 🙂

Unfortunately I personally know my agent so I can’t do this…

[1stimebuy]

I agree REO deals are weird. I think the best bet is to NOT get a buyer’s agent and go to the listing agent directly. Of course you will have to access MLS to get the listing agent’s contact… 🙂

Unfortunately I personally know my agent so I can’t do this…

[1stimebuy]

I agree REO deals are weird. I think the best bet is to NOT get a buyer’s agent and go to the listing agent directly. Of course you will have to access MLS to get the listing agent’s contact… 🙂

Unfortunately I personally know my agent so I can’t do this…

[CA renter]

IF we found the exact, right house, and if it were priced decently, we would buy it. Like other posters, we’ve made offers at, above, and below list price; and we still haven’t bought yet.

We have a wide range of possibilities, and really care mostly about value. We’re more than willing to buy a fixer, or an empty lot, or a perfectly upgraded McMansion (no HOAs), but each one of those carries a particular price in my head based on what it would take to make it what we really want. We’re looking for what we hope to be our final house, so we’re definitely more picky at this point.

Like some others, we are also concerned about the economy. What we’ve witnessed this past 12-18 months is 100% govt-supported “stability.” If the govt/Fed backed out (including artificially low interest rates, quantitative easing, etc.), everything would fall through the floor, IMHO.

[CA renter]

IF we found the exact, right house, and if it were priced decently, we would buy it. Like other posters, we’ve made offers at, above, and below list price; and we still haven’t bought yet.

We have a wide range of possibilities, and really care mostly about value. We’re more than willing to buy a fixer, or an empty lot, or a perfectly upgraded McMansion (no HOAs), but each one of those carries a particular price in my head based on what it would take to make it what we really want. We’re looking for what we hope to be our final house, so we’re definitely more picky at this point.

Like some others, we are also concerned about the economy. What we’ve witnessed this past 12-18 months is 100% govt-supported “stability.” If the govt/Fed backed out (including artificially low interest rates, quantitative easing, etc.), everything would fall through the floor, IMHO.

[CA renter]

IF we found the exact, right house, and if it were priced decently, we would buy it. Like other posters, we’ve made offers at, above, and below list price; and we still haven’t bought yet.

We have a wide range of possibilities, and really care mostly about value. We’re more than willing to buy a fixer, or an empty lot, or a perfectly upgraded McMansion (no HOAs), but each one of those carries a particular price in my head based on what it would take to make it what we really want. We’re looking for what we hope to be our final house, so we’re definitely more picky at this point.

Like some others, we are also concerned about the economy. What we’ve witnessed this past 12-18 months is 100% govt-supported “stability.” If the govt/Fed backed out (including artificially low interest rates, quantitative easing, etc.), everything would fall through the floor, IMHO.

[CA renter]

IF we found the exact, right house, and if it were priced decently, we would buy it. Like other posters, we’ve made offers at, above, and below list price; and we still haven’t bought yet.

We have a wide range of possibilities, and really care mostly about value. We’re more than willing to buy a fixer, or an empty lot, or a perfectly upgraded McMansion (no HOAs), but each one of those carries a particular price in my head based on what it would take to make it what we really want. We’re looking for what we hope to be our final house, so we’re definitely more picky at this point.

Like some others, we are also concerned about the economy. What we’ve witnessed this past 12-18 months is 100% govt-supported “stability.” If the govt/Fed backed out (including artificially low interest rates, quantitative easing, etc.), everything would fall through the floor, IMHO.

[CA renter]

IF we found the exact, right house, and if it were priced decently, we would buy it. Like other posters, we’ve made offers at, above, and below list price; and we still haven’t bought yet.

We have a wide range of possibilities, and really care mostly about value. We’re more than willing to buy a fixer, or an empty lot, or a perfectly upgraded McMansion (no HOAs), but each one of those carries a particular price in my head based on what it would take to make it what we really want. We’re looking for what we hope to be our final house, so we’re definitely more picky at this point.

Like some others, we are also concerned about the economy. What we’ve witnessed this past 12-18 months is 100% govt-supported “stability.” If the govt/Fed backed out (including artificially low interest rates, quantitative easing, etc.), everything would fall through the floor, IMHO.

[poorgradstudent]

[quote=briansd1]And I don’t love anything. Love is a strong word. I don’t walk into a house and say that I’m in love with it.

A house doesn’t bring up any special feelings to me. Neither does a car or any other object. They maybe nice to have… but I don’t need them that bad to “complete” me.[/quote]
“Love” may be a strong word. It’s generally shorthand for “find very appealing without too much need for modification and fitting most if not all of my needs”. It’s a lot closer to saying “I love your outfit” or “I love chocolate” than telling your partner or child “I love you”.

[poorgradstudent]

[quote=briansd1]And I don’t love anything. Love is a strong word. I don’t walk into a house and say that I’m in love with it.

A house doesn’t bring up any special feelings to me. Neither does a car or any other object. They maybe nice to have… but I don’t need them that bad to “complete” me.[/quote]
“Love” may be a strong word. It’s generally shorthand for “find very appealing without too much need for modification and fitting most if not all of my needs”. It’s a lot closer to saying “I love your outfit” or “I love chocolate” than telling your partner or child “I love you”.

[poorgradstudent]

[quote=briansd1]And I don’t love anything. Love is a strong word. I don’t walk into a house and say that I’m in love with it.

A house doesn’t bring up any special feelings to me. Neither does a car or any other object. They maybe nice to have… but I don’t need them that bad to “complete” me.[/quote]
“Love” may be a strong word. It’s generally shorthand for “find very appealing without too much need for modification and fitting most if not all of my needs”. It’s a lot closer to saying “I love your outfit” or “I love chocolate” than telling your partner or child “I love you”.

[poorgradstudent]

[quote=briansd1]And I don’t love anything. Love is a strong word. I don’t walk into a house and say that I’m in love with it.

A house doesn’t bring up any special feelings to me. Neither does a car or any other object. They maybe nice to have… but I don’t need them that bad to “complete” me.[/quote]
“Love” may be a strong word. It’s generally shorthand for “find very appealing without too much need for modification and fitting most if not all of my needs”. It’s a lot closer to saying “I love your outfit” or “I love chocolate” than telling your partner or child “I love you”.

[Author]

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