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Viewing 15 posts - 16 through 30 (of 31 total)
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  • August 24, 2011 at 1:52 PM #723748
    svelte
    Participant

    It’s impossible to know…it could be anything.

    I can tell you I bought a house once and my “dream home” came up 3 months later. I sold the original house after living in it only 4 months. 🙂 Strange but true.

    August 24, 2011 at 3:08 PM #724352
    recordsclerk
    Participant

    The fact that the listings says the loan is assumable gives some insight. My assumption is this is a VA loan and the buyer put little or no money into the deal. Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property. I seen this first hand with some friends and co-workers that get tired and just settle and overpay. Like I have expressed before, probably got nice concessions towards closing cost (VA requires seller assistance). The buyer probably regrets over paying for the house and wants to start over or could be getting stationed somewhere else.

    August 24, 2011 at 3:08 PM #724866
    recordsclerk
    Participant

    The fact that the listings says the loan is assumable gives some insight. My assumption is this is a VA loan and the buyer put little or no money into the deal. Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property. I seen this first hand with some friends and co-workers that get tired and just settle and overpay. Like I have expressed before, probably got nice concessions towards closing cost (VA requires seller assistance). The buyer probably regrets over paying for the house and wants to start over or could be getting stationed somewhere else.

    August 24, 2011 at 3:08 PM #723763
    recordsclerk
    Participant

    The fact that the listings says the loan is assumable gives some insight. My assumption is this is a VA loan and the buyer put little or no money into the deal. Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property. I seen this first hand with some friends and co-workers that get tired and just settle and overpay. Like I have expressed before, probably got nice concessions towards closing cost (VA requires seller assistance). The buyer probably regrets over paying for the house and wants to start over or could be getting stationed somewhere else.

    August 24, 2011 at 3:08 PM #723671
    recordsclerk
    Participant

    The fact that the listings says the loan is assumable gives some insight. My assumption is this is a VA loan and the buyer put little or no money into the deal. Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property. I seen this first hand with some friends and co-workers that get tired and just settle and overpay. Like I have expressed before, probably got nice concessions towards closing cost (VA requires seller assistance). The buyer probably regrets over paying for the house and wants to start over or could be getting stationed somewhere else.

    August 24, 2011 at 3:08 PM #724505
    recordsclerk
    Participant

    The fact that the listings says the loan is assumable gives some insight. My assumption is this is a VA loan and the buyer put little or no money into the deal. Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property. I seen this first hand with some friends and co-workers that get tired and just settle and overpay. Like I have expressed before, probably got nice concessions towards closing cost (VA requires seller assistance). The buyer probably regrets over paying for the house and wants to start over or could be getting stationed somewhere else.

    August 24, 2011 at 3:31 PM #723768
    Clifford
    Participant

    [quote=recordsclerk]Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property.[/quote]

    recordsclerk,

    why are flipper properties easier to close ?

    August 24, 2011 at 3:31 PM #724871
    Clifford
    Participant

    [quote=recordsclerk]Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property.[/quote]

    recordsclerk,

    why are flipper properties easier to close ?

    August 24, 2011 at 3:31 PM #723676
    Clifford
    Participant

    [quote=recordsclerk]Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property.[/quote]

    recordsclerk,

    why are flipper properties easier to close ?

    August 24, 2011 at 3:31 PM #724510
    Clifford
    Participant

    [quote=recordsclerk]Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property.[/quote]

    recordsclerk,

    why are flipper properties easier to close ?

    August 24, 2011 at 3:31 PM #724357
    Clifford
    Participant

    [quote=recordsclerk]Probably got tired of being outbid for the more reasonably priced homes and went with an easy to close flipper property.[/quote]

    recordsclerk,

    why are flipper properties easier to close ?

    August 24, 2011 at 9:20 PM #724534
    recordsclerk
    Participant

    Flipper homes are easier to buy because they are over priced (IMHO). You won’t have a lot of competition for that product. You may still see some well priced flips, but that is not the standard. So, basically if you are qualified to buy at the list price, you should be able to put in an offer and obtain the property.
    I feel the same way about New Construction. If you qualify and are willing to the pay the price they’re asking, you should be able to close the deal.

    August 24, 2011 at 9:20 PM #723700
    recordsclerk
    Participant

    Flipper homes are easier to buy because they are over priced (IMHO). You won’t have a lot of competition for that product. You may still see some well priced flips, but that is not the standard. So, basically if you are qualified to buy at the list price, you should be able to put in an offer and obtain the property.
    I feel the same way about New Construction. If you qualify and are willing to the pay the price they’re asking, you should be able to close the deal.

    August 24, 2011 at 9:20 PM #724381
    recordsclerk
    Participant

    Flipper homes are easier to buy because they are over priced (IMHO). You won’t have a lot of competition for that product. You may still see some well priced flips, but that is not the standard. So, basically if you are qualified to buy at the list price, you should be able to put in an offer and obtain the property.
    I feel the same way about New Construction. If you qualify and are willing to the pay the price they’re asking, you should be able to close the deal.

    August 24, 2011 at 9:20 PM #723793
    recordsclerk
    Participant

    Flipper homes are easier to buy because they are over priced (IMHO). You won’t have a lot of competition for that product. You may still see some well priced flips, but that is not the standard. So, basically if you are qualified to buy at the list price, you should be able to put in an offer and obtain the property.
    I feel the same way about New Construction. If you qualify and are willing to the pay the price they’re asking, you should be able to close the deal.

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