Offer made

[svelte]

patientrenter his previous comment said he offered 20K above list, and he may not want to tell you how much of a downpayment he was offering – I don’t know that I’d tell you.

As you would expect, downpayments are all over the board – JtR over at bubbleinfo.com has done some analysis on current down payment sizes in his posts over the last month or two…you might want to take a look.

[recordsclerk]

No down payment loan are hard to come buy today. It’s hard to find second loans without high fico scores. Almost everyone bidding on properties like these have a minimun of 20% down. The bank wanted a pre-qual through their preferred lender. He actually mentioned that all the pre-quals up to that time had 20% or more. I also mentioned that there was a cash buyer. My take on it is I think the bank went back to the cash buyer and asked him to match highest bid. There have been a lot of pendings coming back on the market and I’m not sure why, but my guess would be that the buyer couldn’t perform. Stated loans are still available, but the lenders will go over the loans with a fine tooth comb. As far as me personnally 20% down is what we were going to do on this property. I’m a move up buyer and owe very little on my current residence SFR(less then 100k). If we purchase a home in the 600K range I would put down enough so we would only need to borrow 417K.

[recordsclerk]

No down payment loan are hard to come buy today. It’s hard to find second loans without high fico scores. Almost everyone bidding on properties like these have a minimun of 20% down. The bank wanted a pre-qual through their preferred lender. He actually mentioned that all the pre-quals up to that time had 20% or more. I also mentioned that there was a cash buyer. My take on it is I think the bank went back to the cash buyer and asked him to match highest bid. There have been a lot of pendings coming back on the market and I’m not sure why, but my guess would be that the buyer couldn’t perform. Stated loans are still available, but the lenders will go over the loans with a fine tooth comb. As far as me personnally 20% down is what we were going to do on this property. I’m a move up buyer and owe very little on my current residence SFR(less then 100k). If we purchase a home in the 600K range I would put down enough so we would only need to borrow 417K.

[recordsclerk]

No down payment loan are hard to come buy today. It’s hard to find second loans without high fico scores. Almost everyone bidding on properties like these have a minimun of 20% down. The bank wanted a pre-qual through their preferred lender. He actually mentioned that all the pre-quals up to that time had 20% or more. I also mentioned that there was a cash buyer. My take on it is I think the bank went back to the cash buyer and asked him to match highest bid. There have been a lot of pendings coming back on the market and I’m not sure why, but my guess would be that the buyer couldn’t perform. Stated loans are still available, but the lenders will go over the loans with a fine tooth comb. As far as me personnally 20% down is what we were going to do on this property. I’m a move up buyer and owe very little on my current residence SFR(less then 100k). If we purchase a home in the 600K range I would put down enough so we would only need to borrow 417K.

[recordsclerk]

No down payment loan are hard to come buy today. It’s hard to find second loans without high fico scores. Almost everyone bidding on properties like these have a minimun of 20% down. The bank wanted a pre-qual through their preferred lender. He actually mentioned that all the pre-quals up to that time had 20% or more. I also mentioned that there was a cash buyer. My take on it is I think the bank went back to the cash buyer and asked him to match highest bid. There have been a lot of pendings coming back on the market and I’m not sure why, but my guess would be that the buyer couldn’t perform. Stated loans are still available, but the lenders will go over the loans with a fine tooth comb. As far as me personnally 20% down is what we were going to do on this property. I’m a move up buyer and owe very little on my current residence SFR(less then 100k). If we purchase a home in the 600K range I would put down enough so we would only need to borrow 417K.

[recordsclerk]

No down payment loan are hard to come buy today. It’s hard to find second loans without high fico scores. Almost everyone bidding on properties like these have a minimun of 20% down. The bank wanted a pre-qual through their preferred lender. He actually mentioned that all the pre-quals up to that time had 20% or more. I also mentioned that there was a cash buyer. My take on it is I think the bank went back to the cash buyer and asked him to match highest bid. There have been a lot of pendings coming back on the market and I’m not sure why, but my guess would be that the buyer couldn’t perform. Stated loans are still available, but the lenders will go over the loans with a fine tooth comb. As far as me personnally 20% down is what we were going to do on this property. I’m a move up buyer and owe very little on my current residence SFR(less then 100k). If we purchase a home in the 600K range I would put down enough so we would only need to borrow 417K.

[Jumby]

link didn’t work…how much did it sell for?

how many sq ft?

[Jumby]

link didn’t work…how much did it sell for?

how many sq ft?

[Jumby]

link didn’t work…how much did it sell for?

how many sq ft?

[Jumby]

link didn’t work…how much did it sell for?

how many sq ft?

[Jumby]

link didn’t work…how much did it sell for?

how many sq ft?

[recordsclerk]

Try this link to Zillow.com.

http://www.zillow.com/HomeDetails.htm?zprop=69020792

The asking price was 705K. I’m not sure what the final sales price is. We will have to wait until it gets recorded.

[recordsclerk]

Try this link to Zillow.com.

http://www.zillow.com/HomeDetails.htm?zprop=69020792

The asking price was 705K. I’m not sure what the final sales price is. We will have to wait until it gets recorded.

[recordsclerk]

Try this link to Zillow.com.

http://www.zillow.com/HomeDetails.htm?zprop=69020792

The asking price was 705K. I’m not sure what the final sales price is. We will have to wait until it gets recorded.

[recordsclerk]

Try this link to Zillow.com.

http://www.zillow.com/HomeDetails.htm?zprop=69020792

The asking price was 705K. I’m not sure what the final sales price is. We will have to wait until it gets recorded.

[Author]

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