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May 22, 2009 at 2:07 PM #404554May 22, 2009 at 2:48 PM #404322SD RealtorParticipant
Peter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
May 22, 2009 at 2:48 PM #404573SD RealtorParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
May 22, 2009 at 2:48 PM #405018SD RealtorParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
May 22, 2009 at 2:48 PM #404810SD RealtorParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
May 22, 2009 at 2:48 PM #404870SD RealtorParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
May 22, 2009 at 3:09 PM #405038sdduuuudeParticipantsdr – what was it like a few months ago ?
May 22, 2009 at 3:09 PM #404596sdduuuudeParticipantsdr – what was it like a few months ago ?
May 22, 2009 at 3:09 PM #404831sdduuuudeParticipantsdr – what was it like a few months ago ?
May 22, 2009 at 3:09 PM #404892sdduuuudeParticipantsdr – what was it like a few months ago ?
May 22, 2009 at 3:09 PM #404344sdduuuudeParticipantsdr – what was it like a few months ago ?
May 22, 2009 at 10:31 PM #404751AKParticipantPerhaps loan mod and short sale *attempts* are taking place …
I’d guess the majority of the short sales will go back to the bank sooner or later. A few examples:
#1 was supposedly approved at $300K, got countered at $325K by the first lender, then at the last minute got torpedoed by the (undisclosed) second lender. Went to auction and back to the bank. Of course it was so far underwater you had to scrape the whale **** off your shoes before you went inside.
#2 went pending months ago at $300K. Back on market supposedly approved at $360K …
#3 is listed at $300K, which is a fair price considering the walls are ripped out and the roof is leaking. Lender countered verbally at $400K. I think that translates to “… and the horse you rode in on.”
#4 again was supposedly approved at $300K, accepted offer came in over. That was months ago and now the first lender has agreed with the (again undisclosed) second that $325K will make everyone happy … this week. Wonder what the second will say at closing?
Stuff like this makes me want to say …
I … HATE … REAL … ESTATE!!!!!! π
May 22, 2009 at 10:31 PM #404499AKParticipantPerhaps loan mod and short sale *attempts* are taking place …
I’d guess the majority of the short sales will go back to the bank sooner or later. A few examples:
#1 was supposedly approved at $300K, got countered at $325K by the first lender, then at the last minute got torpedoed by the (undisclosed) second lender. Went to auction and back to the bank. Of course it was so far underwater you had to scrape the whale **** off your shoes before you went inside.
#2 went pending months ago at $300K. Back on market supposedly approved at $360K …
#3 is listed at $300K, which is a fair price considering the walls are ripped out and the roof is leaking. Lender countered verbally at $400K. I think that translates to “… and the horse you rode in on.”
#4 again was supposedly approved at $300K, accepted offer came in over. That was months ago and now the first lender has agreed with the (again undisclosed) second that $325K will make everyone happy … this week. Wonder what the second will say at closing?
Stuff like this makes me want to say …
I … HATE … REAL … ESTATE!!!!!! π
May 22, 2009 at 10:31 PM #404985AKParticipantPerhaps loan mod and short sale *attempts* are taking place …
I’d guess the majority of the short sales will go back to the bank sooner or later. A few examples:
#1 was supposedly approved at $300K, got countered at $325K by the first lender, then at the last minute got torpedoed by the (undisclosed) second lender. Went to auction and back to the bank. Of course it was so far underwater you had to scrape the whale **** off your shoes before you went inside.
#2 went pending months ago at $300K. Back on market supposedly approved at $360K …
#3 is listed at $300K, which is a fair price considering the walls are ripped out and the roof is leaking. Lender countered verbally at $400K. I think that translates to “… and the horse you rode in on.”
#4 again was supposedly approved at $300K, accepted offer came in over. That was months ago and now the first lender has agreed with the (again undisclosed) second that $325K will make everyone happy … this week. Wonder what the second will say at closing?
Stuff like this makes me want to say …
I … HATE … REAL … ESTATE!!!!!! π
May 22, 2009 at 10:31 PM #405194AKParticipantPerhaps loan mod and short sale *attempts* are taking place …
I’d guess the majority of the short sales will go back to the bank sooner or later. A few examples:
#1 was supposedly approved at $300K, got countered at $325K by the first lender, then at the last minute got torpedoed by the (undisclosed) second lender. Went to auction and back to the bank. Of course it was so far underwater you had to scrape the whale **** off your shoes before you went inside.
#2 went pending months ago at $300K. Back on market supposedly approved at $360K …
#3 is listed at $300K, which is a fair price considering the walls are ripped out and the roof is leaking. Lender countered verbally at $400K. I think that translates to “… and the horse you rode in on.”
#4 again was supposedly approved at $300K, accepted offer came in over. That was months ago and now the first lender has agreed with the (again undisclosed) second that $325K will make everyone happy … this week. Wonder what the second will say at closing?
Stuff like this makes me want to say …
I … HATE … REAL … ESTATE!!!!!! π
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