Offer/Purchase Strategies

[Coronita]

Overbid on the place by 20%, go into escrow with a loan contingency, let the appraisal come in much lower, and then renegotiate down or walk….

Just kidding…. just kidding…This was a joke from another thread….(Rustico, don’t get all huffy and puffy with me about ethics).

+2 on waiting. Or at least keep looking for places. Sometimes you get lucky and you find something no one else is looking.

My own purchase experience suggests that homes that have been MLS or fell out of escrow a few times seems to have the best opportunities for wheeling and dealing, even if there is nothing wrong with the house. My current home, I bought like this at a good discount…It fell out of escrow twice, and couldn’t be sold for months because the seller was sort of pigheaded (only allowed showings at the most inconvenient times,etc)

It’s almost like dating. When your a dorky geek and have no hot chick dating you, then no one else wants to date you. On the other hand, if you have that hot chick dating you, you’re chances of scoring again are significantly increased, since your popularity just went up a few percentage points…Find those house that looks like the dorky geek without the hot chick, but are otherwise fundamentally sound… (TG, you would be proud of me :))

[NotCranky]

“Just kidding…. just kidding…This was a joke from another thread….(Rustico, don’t get all huffy and puffy with me about ethics).”

Fat Lazy Union Worker
I am honored that you still call me Rustico. Not sure that I should be… but I like it. That was a good tip you gave by the way.

[NotCranky]

“Just kidding…. just kidding…This was a joke from another thread….(Rustico, don’t get all huffy and puffy with me about ethics).”

Fat Lazy Union Worker
I am honored that you still call me Rustico. Not sure that I should be… but I like it. That was a good tip you gave by the way.

[NotCranky]

“Just kidding…. just kidding…This was a joke from another thread….(Rustico, don’t get all huffy and puffy with me about ethics).”

Fat Lazy Union Worker
I am honored that you still call me Rustico. Not sure that I should be… but I like it. That was a good tip you gave by the way.

[NotCranky]

“Just kidding…. just kidding…This was a joke from another thread….(Rustico, don’t get all huffy and puffy with me about ethics).”

Fat Lazy Union Worker
I am honored that you still call me Rustico. Not sure that I should be… but I like it. That was a good tip you gave by the way.

[NotCranky]

“Just kidding…. just kidding…This was a joke from another thread….(Rustico, don’t get all huffy and puffy with me about ethics).”

Fat Lazy Union Worker
I am honored that you still call me Rustico. Not sure that I should be… but I like it. That was a good tip you gave by the way.

[Oxford]

wait for what?

right now all the good stuff under $800K is getting snagged up in days. I am looking all over Escondido, Fallbrook, Vista, Bonsall, Valley Center and my Favorites lists gets beat down to nothing daily.

I checked out this home in Bonsall today.
http://www.redfin.com/CA/Bonsall/7046-Via-De-La-Reina-92003/home/3137464

Looked great on the web but the photos must have been taken before the place was pillaged of all light fixture, appliance, AC unit, security system, dish, the place was a dump. And i was dodging buyers coming up the road like crazy. oh and almost was attacked by bees living in the eclectic unit.

then in desperation I check out San Marcos (SEH) and marvel at those insane Mello Roos fees. What the hell??

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[Oxford]

wait for what?

right now all the good stuff under $800K is getting snagged up in days. I am looking all over Escondido, Fallbrook, Vista, Bonsall, Valley Center and my Favorites lists gets beat down to nothing daily.

I checked out this home in Bonsall today.
http://www.redfin.com/CA/Bonsall/7046-Via-De-La-Reina-92003/home/3137464

Looked great on the web but the photos must have been taken before the place was pillaged of all light fixture, appliance, AC unit, security system, dish, the place was a dump. And i was dodging buyers coming up the road like crazy. oh and almost was attacked by bees living in the eclectic unit.

then in desperation I check out San Marcos (SEH) and marvel at those insane Mello Roos fees. What the hell??

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[Oxford]

wait for what?

right now all the good stuff under $800K is getting snagged up in days. I am looking all over Escondido, Fallbrook, Vista, Bonsall, Valley Center and my Favorites lists gets beat down to nothing daily.

I checked out this home in Bonsall today.
http://www.redfin.com/CA/Bonsall/7046-Via-De-La-Reina-92003/home/3137464

Looked great on the web but the photos must have been taken before the place was pillaged of all light fixture, appliance, AC unit, security system, dish, the place was a dump. And i was dodging buyers coming up the road like crazy. oh and almost was attacked by bees living in the eclectic unit.

then in desperation I check out San Marcos (SEH) and marvel at those insane Mello Roos fees. What the hell??

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[Oxford]

wait for what?

right now all the good stuff under $800K is getting snagged up in days. I am looking all over Escondido, Fallbrook, Vista, Bonsall, Valley Center and my Favorites lists gets beat down to nothing daily.

I checked out this home in Bonsall today.
http://www.redfin.com/CA/Bonsall/7046-Via-De-La-Reina-92003/home/3137464

Looked great on the web but the photos must have been taken before the place was pillaged of all light fixture, appliance, AC unit, security system, dish, the place was a dump. And i was dodging buyers coming up the road like crazy. oh and almost was attacked by bees living in the eclectic unit.

then in desperation I check out San Marcos (SEH) and marvel at those insane Mello Roos fees. What the hell??

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[Oxford]

wait for what?

right now all the good stuff under $800K is getting snagged up in days. I am looking all over Escondido, Fallbrook, Vista, Bonsall, Valley Center and my Favorites lists gets beat down to nothing daily.

I checked out this home in Bonsall today.
http://www.redfin.com/CA/Bonsall/7046-Via-De-La-Reina-92003/home/3137464

Looked great on the web but the photos must have been taken before the place was pillaged of all light fixture, appliance, AC unit, security system, dish, the place was a dump. And i was dodging buyers coming up the road like crazy. oh and almost was attacked by bees living in the eclectic unit.

then in desperation I check out San Marcos (SEH) and marvel at those insane Mello Roos fees. What the hell??

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[mike92104]

[quote=Oxford]wait for what?

…

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[/quote]

I was getting frustrated with the hold up of inventory as well. I am starting to wonder if the banks WERE holding on tho the properties in hopes the govt were rescue them, but it seems to me the govt is starting to slow down on the “help” front. I’m hoping the banks will realize real soon that there won’t be a taxpayer hero to rescue them, and the inventory will come. However, I still want a few tips to beat down all the sheeple when it comes time to buy. The tips so far have been great. Could you guys elaborate on the “funding contingency”?

[mike92104]

[quote=Oxford]wait for what?

…

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[/quote]

I was getting frustrated with the hold up of inventory as well. I am starting to wonder if the banks WERE holding on tho the properties in hopes the govt were rescue them, but it seems to me the govt is starting to slow down on the “help” front. I’m hoping the banks will realize real soon that there won’t be a taxpayer hero to rescue them, and the inventory will come. However, I still want a few tips to beat down all the sheeple when it comes time to buy. The tips so far have been great. Could you guys elaborate on the “funding contingency”?

[mike92104]

[quote=Oxford]wait for what?

…

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[/quote]

I was getting frustrated with the hold up of inventory as well. I am starting to wonder if the banks WERE holding on tho the properties in hopes the govt were rescue them, but it seems to me the govt is starting to slow down on the “help” front. I’m hoping the banks will realize real soon that there won’t be a taxpayer hero to rescue them, and the inventory will come. However, I still want a few tips to beat down all the sheeple when it comes time to buy. The tips so far have been great. Could you guys elaborate on the “funding contingency”?

[mike92104]

[quote=Oxford]wait for what?

…

wait for foreclosures so show up and beat prices down and flood inventory? you guys are dreaming. banks are holding them tight and waiting for the FEDs to fix things. flooding would kill their assets and they know it.

so here i sit frustrated as hell listening to the friggin harleys and muscle trucks burn through their gears outside my damn apartment in Aviara.

all i want is a nice quiet house on some land away from the masses.

ox

[/quote]

I was getting frustrated with the hold up of inventory as well. I am starting to wonder if the banks WERE holding on tho the properties in hopes the govt were rescue them, but it seems to me the govt is starting to slow down on the “help” front. I’m hoping the banks will realize real soon that there won’t be a taxpayer hero to rescue them, and the inventory will come. However, I still want a few tips to beat down all the sheeple when it comes time to buy. The tips so far have been great. Could you guys elaborate on the “funding contingency”?

[Author]

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