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December 19, 2007 at 9:25 AM in reply to: Top Ten Reasons Why Countrywide is Being Stupid With REO’s #120469December 19, 2007 at 9:25 AM in reply to: Top Ten Reasons Why Countrywide is Being Stupid With REO’s #120601
(former)FormerSanDiegan
ParticipantCan you blame them for making sure the buyers credit and assets have been checked out by someone they trust?
Oh, NOW they start to worry about that. They should have done that 2 years ago 🙂
I see nothing unusual in this. They may be able to make a few more bucks on a particular house by being more accommodating. But, consider the whole picture. They are trying to minimize their losses by getting the properties off their books as quickly as possible. Eliminating one of the primary causes of having buyers fall out of escrow (the loan) is a smart business decision.
Also, look on the bright side. These extra hoops may act to further reduce the buyer pool. This allows those buying foreclosures to negotiate slightly better deals.
December 19, 2007 at 9:25 AM in reply to: Top Ten Reasons Why Countrywide is Being Stupid With REO’s #120635ParticipantCan you blame them for making sure the buyers credit and assets have been checked out by someone they trust?
Oh, NOW they start to worry about that. They should have done that 2 years ago 🙂
I see nothing unusual in this. They may be able to make a few more bucks on a particular house by being more accommodating. But, consider the whole picture. They are trying to minimize their losses by getting the properties off their books as quickly as possible. Eliminating one of the primary causes of having buyers fall out of escrow (the loan) is a smart business decision.
Also, look on the bright side. These extra hoops may act to further reduce the buyer pool. This allows those buying foreclosures to negotiate slightly better deals.
December 19, 2007 at 9:25 AM in reply to: Top Ten Reasons Why Countrywide is Being Stupid With REO’s #120681ParticipantCan you blame them for making sure the buyers credit and assets have been checked out by someone they trust?
Oh, NOW they start to worry about that. They should have done that 2 years ago 🙂
I see nothing unusual in this. They may be able to make a few more bucks on a particular house by being more accommodating. But, consider the whole picture. They are trying to minimize their losses by getting the properties off their books as quickly as possible. Eliminating one of the primary causes of having buyers fall out of escrow (the loan) is a smart business decision.
Also, look on the bright side. These extra hoops may act to further reduce the buyer pool. This allows those buying foreclosures to negotiate slightly better deals.
December 19, 2007 at 9:25 AM in reply to: Top Ten Reasons Why Countrywide is Being Stupid With REO’s #120704ParticipantCan you blame them for making sure the buyers credit and assets have been checked out by someone they trust?
Oh, NOW they start to worry about that. They should have done that 2 years ago 🙂
I see nothing unusual in this. They may be able to make a few more bucks on a particular house by being more accommodating. But, consider the whole picture. They are trying to minimize their losses by getting the properties off their books as quickly as possible. Eliminating one of the primary causes of having buyers fall out of escrow (the loan) is a smart business decision.
Also, look on the bright side. These extra hoops may act to further reduce the buyer pool. This allows those buying foreclosures to negotiate slightly better deals.
ParticipantI’m guessing it’s massive inflation induced by the influx of foreign buyers speculating about the bottom of the real estate cycle in San Diego or much less likely, maybe some idiot mis-typed the price change.
ParticipantI’m guessing it’s massive inflation induced by the influx of foreign buyers speculating about the bottom of the real estate cycle in San Diego or much less likely, maybe some idiot mis-typed the price change.
ParticipantI’m guessing it’s massive inflation induced by the influx of foreign buyers speculating about the bottom of the real estate cycle in San Diego or much less likely, maybe some idiot mis-typed the price change.
ParticipantI’m guessing it’s massive inflation induced by the influx of foreign buyers speculating about the bottom of the real estate cycle in San Diego or much less likely, maybe some idiot mis-typed the price change.
ParticipantI’m guessing it’s massive inflation induced by the influx of foreign buyers speculating about the bottom of the real estate cycle in San Diego or much less likely, maybe some idiot mis-typed the price change.
ParticipantTossing another biscuit under the bridge …
Sounds like we are closer to the bottom (or even past it) than you would even like to admit.
I would love it if we were at bottom at current prices. After all, as owner of rental property in SD I have a vested interest. But it’s not about what I want to or don’t want to admit. It’s about reality.
ParticipantTossing another biscuit under the bridge …
Sounds like we are closer to the bottom (or even past it) than you would even like to admit.
I would love it if we were at bottom at current prices. After all, as owner of rental property in SD I have a vested interest. But it’s not about what I want to or don’t want to admit. It’s about reality.
ParticipantTossing another biscuit under the bridge …
Sounds like we are closer to the bottom (or even past it) than you would even like to admit.
I would love it if we were at bottom at current prices. After all, as owner of rental property in SD I have a vested interest. But it’s not about what I want to or don’t want to admit. It’s about reality.
ParticipantTossing another biscuit under the bridge …
Sounds like we are closer to the bottom (or even past it) than you would even like to admit.
I would love it if we were at bottom at current prices. After all, as owner of rental property in SD I have a vested interest. But it’s not about what I want to or don’t want to admit. It’s about reality.
ParticipantTossing another biscuit under the bridge …
Sounds like we are closer to the bottom (or even past it) than you would even like to admit.
I would love it if we were at bottom at current prices. After all, as owner of rental property in SD I have a vested interest. But it’s not about what I want to or don’t want to admit. It’s about reality.
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