Home › Forums › Closed Forums › Buying and Selling RE › REO sale at less than our offer
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jeeman.
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December 21, 2010 at 4:48 PM #644316December 21, 2010 at 5:17 PM #643216
bearishgurl
ParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #643287bearishgurl
ParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #643868bearishgurl
ParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #644004bearishgurl
ParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 5:17 PM #644325bearishgurl
ParticipantRacer5,
Why is obtaining an “REO” the “be-all” and “end-all” for you . . . or is it? Do you honestly believe REOs are a “good deal” in comparison to a “traditional sale” that has to compete with them in the marketplace?
To me, “competing” for one of these monstrosities (sans a Transfer Disclosure Statement) is akin to “standing in line” for the pleasure of paying too much or even “bidding against yourself” for a property that some deadbeat lost to foreclosure. Does this bode well for a property that has been properly maintained when the previous owner couldn’t even make their mortgage payments? As a qualified buyer, how is all of this YOUR problem??
Just think about this…
December 21, 2010 at 10:05 PM #643351SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #643422SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644003SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644139SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644460SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #643356SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #643427SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644008SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
December 21, 2010 at 10:05 PM #644144SD Realtor
ParticipantWhat sort of feedback did you get from the listing agent?
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