[donaldduckmoore]

who is going to pay the property tax of a defaulted house? Are the banks really losing anything when they have a defaulted property? What makes the banks more likely to release their non-performing properties? To hold all these non-performing assets, it is not going to do any good to the banks.

[donaldduckmoore]

who is going to pay the property tax of a defaulted house? Are the banks really losing anything when they have a defaulted property? What makes the banks more likely to release their non-performing properties? To hold all these non-performing assets, it is not going to do any good to the banks.

[donaldduckmoore]

SD Realtor, why are REO properties take so long to be put back in the market. Don’t banks get enough of them in hands, and want to get rid of them sooner? you are right, I only see REO on MLS once in a while, not a lot.

[donaldduckmoore]

SD Realtor, why are REO properties take so long to be put back in the market. Don’t banks get enough of them in hands, and want to get rid of them sooner? you are right, I only see REO on MLS once in a while, not a lot.

[donaldduckmoore]

Can you disclose what companies?

[donaldduckmoore]

Can you disclose what companies?

[donaldduckmoore]

I wish I knew the answer, I have been waiting too. I don’t understand how it works. Anyone from the last housing downturn remember any phenomenon?

[donaldduckmoore]

I wish I knew the answer, I have been waiting too. I don’t understand how it works. Anyone from the last housing downturn remember any phenomenon?

[donaldduckmoore]

Myito, this is probably not the right site for you. I see this as a support group to people to want to buy but they have the time to wait. I have been reading in this site for a while. I have tried several time to buy but without the support of the people with logical rationale behind not buying right now in this site, I would have bought a house a while ago I am not supposed to buy. Tell you the truth, emotionally, I favor buying because we have savings, jobs and everything that you mentioned. But my other side of the brain keep telling me that this is not the right time. I knew it even without reading posts from this site, but my emotion is so strong sometimes I cannot resist. To make the long story short, without these people and their analysis and support, I would have bought it big time. In the end, it is your decision to make to purchase now or not. You don’t even have to seek any advice from other people if you think you should. Why bother to seek opinion from a site that is strongly against buying a house at this time. I am a little curious.

[donaldduckmoore]

Myito, this is probably not the right site for you. I see this as a support group to people to want to buy but they have the time to wait. I have been reading in this site for a while. I have tried several time to buy but without the support of the people with logical rationale behind not buying right now in this site, I would have bought a house a while ago I am not supposed to buy. Tell you the truth, emotionally, I favor buying because we have savings, jobs and everything that you mentioned. But my other side of the brain keep telling me that this is not the right time. I knew it even without reading posts from this site, but my emotion is so strong sometimes I cannot resist. To make the long story short, without these people and their analysis and support, I would have bought it big time. In the end, it is your decision to make to purchase now or not. You don’t even have to seek any advice from other people if you think you should. Why bother to seek opinion from a site that is strongly against buying a house at this time. I am a little curious.

[donaldduckmoore]

I don’t think he is trying to hint that there is a reduction of interest rate. Instead, significant increase of interest rate is not good for the economy and therefore is not favorable.

[donaldduckmoore]

I don’t think he is trying to hint that there is a reduction of interest rate. Instead, significant increase of interest rate is not good for the economy and therefore is not favorable.

[donaldduckmoore]

I have had this realtor for a long time. I knew her since I did my refi and now she is helping me with buying. She is not pushy at all and she is very patient. I offered a few houses in these past months but then backout and she was just fine. Let me know if you need her info.

[donaldduckmoore]

I have had this realtor for a long time. I knew her since I did my refi and now she is helping me with buying. She is not pushy at all and she is very patient. I offered a few houses in these past months but then backout and she was just fine. Let me know if you need her info.

[donaldduckmoore]

wondering when this trend is hitting SD.

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