Well, there goes the dollar. So in a few months the dollar will only be worth 50% of the euro? wow, just wow. The US dollar was worth 1.15 times the euro when Clinton was in office.
This Saudi change also means higher gas prices. But, we already knew that.
In order to submit an offer, you have to have a pre-approval from you bank anyway. So I have no clue what you are talking about.
With bank owned reo’s be sure to keep at them. Their computer won’t let them take your low-ball offer too early. BUT, when the comps start rolling in with around the same PPSF, then the bank will take it. It also helps to run comps yourself (or your broker), do a 5 mile radius and only include sales in the last month. THEN submit that with your offer. The great thing is that will pick up the short sales, and that will get bank motivated.
Okay, we have a winner. It’s all there. Nasty rat hole, dishes, unlit rooms, unmade beds, mirrored living room, bad dry wall through-out, exposed wires, tile job from hell, “curtains” from TJ cathouse, dead back yard with our barrio fence, and paved front yard. All yours for $430,000.
This won’t help people who took out the liar loans for 800k, and can only dti qualify for 400k. So, in that since, this ain’t too bad. It also looks like not too much tax payer money will be use…since it’s so hard to qualify.
If you go visit Carriage Run or Arabella you’ll find they LOADED thier “starter family” homes up to the 820’s! Starting families can’t buy those houses without liar loans…so thus they aren’t selling. Note to Pardee: Stop reduce your prices and stop overloading ALL your houses with every option in the book.
If you go visit Carriage Run or Arabella you’ll find they LOADED there “starter family” homes up to the 820’s! Starting families can’t buy those houses without liar loans…so thus they aren’t selling. Note to Pardee: Stop reduce your prices and stop overloading ALL your houses with every option in the book.
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