[jpinpb]

Contra – All I can say is where the hell were you two years ago in my life.

I’ve been going about this ALL wrong. GRRRR.

[jpinpb]

Contra – All I can say is where the hell were you two years ago in my life.

I’ve been going about this ALL wrong. GRRRR.

[jpinpb]

Contra – All I can say is where the hell were you two years ago in my life.

I’ve been going about this ALL wrong. GRRRR.

[jpinpb]

I think you were making my point, somewhat, of how banks don’t want to budge. I mean, you say the Wateridge condo had more than one offer @ 380k. Then what’s the hold up and delay? Are they waiting/hoping for better offers against the odds of even the optimists who say it will pick up at the end of the year.

I mean, it’s been 5 months and they already had 2 offers? It could’ve been sold and done with already w/one less place on the market inundating their inventory, making it easier perhaps to move some other foreclosure this bank has.

Maybe I’m dense, but I just don’t understand their logic. It sat empty and the way I look at it, they lost more money. They could’ve sold it and used the money from the sale towards whatever they use the money on. If the news was “In the next few months, there’s going to be a big boom in real estate,” then by all means, hang on.

[jpinpb]

I think you were making my point, somewhat, of how banks don’t want to budge. I mean, you say the Wateridge condo had more than one offer @ 380k. Then what’s the hold up and delay? Are they waiting/hoping for better offers against the odds of even the optimists who say it will pick up at the end of the year.

I mean, it’s been 5 months and they already had 2 offers? It could’ve been sold and done with already w/one less place on the market inundating their inventory, making it easier perhaps to move some other foreclosure this bank has.

Maybe I’m dense, but I just don’t understand their logic. It sat empty and the way I look at it, they lost more money. They could’ve sold it and used the money from the sale towards whatever they use the money on. If the news was “In the next few months, there’s going to be a big boom in real estate,” then by all means, hang on.

[jpinpb]

I think you were making my point, somewhat, of how banks don’t want to budge. I mean, you say the Wateridge condo had more than one offer @ 380k. Then what’s the hold up and delay? Are they waiting/hoping for better offers against the odds of even the optimists who say it will pick up at the end of the year.

I mean, it’s been 5 months and they already had 2 offers? It could’ve been sold and done with already w/one less place on the market inundating their inventory, making it easier perhaps to move some other foreclosure this bank has.

Maybe I’m dense, but I just don’t understand their logic. It sat empty and the way I look at it, they lost more money. They could’ve sold it and used the money from the sale towards whatever they use the money on. If the news was “In the next few months, there’s going to be a big boom in real estate,” then by all means, hang on.

[jpinpb]

I think you were making my point, somewhat, of how banks don’t want to budge. I mean, you say the Wateridge condo had more than one offer @ 380k. Then what’s the hold up and delay? Are they waiting/hoping for better offers against the odds of even the optimists who say it will pick up at the end of the year.

I mean, it’s been 5 months and they already had 2 offers? It could’ve been sold and done with already w/one less place on the market inundating their inventory, making it easier perhaps to move some other foreclosure this bank has.

Maybe I’m dense, but I just don’t understand their logic. It sat empty and the way I look at it, they lost more money. They could’ve sold it and used the money from the sale towards whatever they use the money on. If the news was “In the next few months, there’s going to be a big boom in real estate,” then by all means, hang on.

[jpinpb]

I think you were making my point, somewhat, of how banks don’t want to budge. I mean, you say the Wateridge condo had more than one offer @ 380k. Then what’s the hold up and delay? Are they waiting/hoping for better offers against the odds of even the optimists who say it will pick up at the end of the year.

I mean, it’s been 5 months and they already had 2 offers? It could’ve been sold and done with already w/one less place on the market inundating their inventory, making it easier perhaps to move some other foreclosure this bank has.

Maybe I’m dense, but I just don’t understand their logic. It sat empty and the way I look at it, they lost more money. They could’ve sold it and used the money from the sale towards whatever they use the money on. If the news was “In the next few months, there’s going to be a big boom in real estate,” then by all means, hang on.

[jpinpb]

In the face of everybody admitting calamity in real estate, I wouldn’t call myself a bear, but a realist. 5 months on the market and counting for that one particular condo. And it’s somewhat nice in a good area. If there is such pent up demand, that should have been sold long ago, wouldn’t you think? I wouldn’t expect free fall prices overnight. I’m just thinking as a business person. Keep some place sitting empty that is making me no money or reduce the price, write off the loss, take the money and move on. There is no emotion involved.

[jpinpb]

In the face of everybody admitting calamity in real estate, I wouldn’t call myself a bear, but a realist. 5 months on the market and counting for that one particular condo. And it’s somewhat nice in a good area. If there is such pent up demand, that should have been sold long ago, wouldn’t you think? I wouldn’t expect free fall prices overnight. I’m just thinking as a business person. Keep some place sitting empty that is making me no money or reduce the price, write off the loss, take the money and move on. There is no emotion involved.

[jpinpb]

In the face of everybody admitting calamity in real estate, I wouldn’t call myself a bear, but a realist. 5 months on the market and counting for that one particular condo. And it’s somewhat nice in a good area. If there is such pent up demand, that should have been sold long ago, wouldn’t you think? I wouldn’t expect free fall prices overnight. I’m just thinking as a business person. Keep some place sitting empty that is making me no money or reduce the price, write off the loss, take the money and move on. There is no emotion involved.

[jpinpb]

In the face of everybody admitting calamity in real estate, I wouldn’t call myself a bear, but a realist. 5 months on the market and counting for that one particular condo. And it’s somewhat nice in a good area. If there is such pent up demand, that should have been sold long ago, wouldn’t you think? I wouldn’t expect free fall prices overnight. I’m just thinking as a business person. Keep some place sitting empty that is making me no money or reduce the price, write off the loss, take the money and move on. There is no emotion involved.

[jpinpb]

In the face of everybody admitting calamity in real estate, I wouldn’t call myself a bear, but a realist. 5 months on the market and counting for that one particular condo. And it’s somewhat nice in a good area. If there is such pent up demand, that should have been sold long ago, wouldn’t you think? I wouldn’t expect free fall prices overnight. I’m just thinking as a business person. Keep some place sitting empty that is making me no money or reduce the price, write off the loss, take the money and move on. There is no emotion involved.

[jpinpb]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

[jpinpb]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

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