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sandiego
ParticipantIf you actually put a 10-20% down payment, you are losing it on a daily basis.
ParticipantWell, based on where prices are trending, everyone who owns a house in California (me included) is losing more than $1,400 a month ($17,200 a year) on homes that they actually occupy.
ParticipantWell, based on where prices are trending, everyone who owns a house in California (me included) is losing more than $1,400 a month ($17,200 a year) on homes that they actually occupy.
ParticipantWell, based on where prices are trending, everyone who owns a house in California (me included) is losing more than $1,400 a month ($17,200 a year) on homes that they actually occupy.
ParticipantWell, based on where prices are trending, everyone who owns a house in California (me included) is losing more than $1,400 a month ($17,200 a year) on homes that they actually occupy.
ParticipantI was first made aware of this when my neighbor sold his house for “$775,000” 2 years ago. When I saw the comp on MLS, I was thrilled.
I saw my neighbor shortly afterwards and congratulated him on the sale at $775,000. He said to not get too excited because that price included a $50,000 kickback to the Buyer so he only netted $725,000. At the time, he wasn’t sure if it was legit or not because the 2 brokers worked it out with the Buyer.
ParticipantI was first made aware of this when my neighbor sold his house for “$775,000” 2 years ago. When I saw the comp on MLS, I was thrilled.
I saw my neighbor shortly afterwards and congratulated him on the sale at $775,000. He said to not get too excited because that price included a $50,000 kickback to the Buyer so he only netted $725,000. At the time, he wasn’t sure if it was legit or not because the 2 brokers worked it out with the Buyer.
ParticipantI was first made aware of this when my neighbor sold his house for “$775,000” 2 years ago. When I saw the comp on MLS, I was thrilled.
I saw my neighbor shortly afterwards and congratulated him on the sale at $775,000. He said to not get too excited because that price included a $50,000 kickback to the Buyer so he only netted $725,000. At the time, he wasn’t sure if it was legit or not because the 2 brokers worked it out with the Buyer.
ParticipantI was first made aware of this when my neighbor sold his house for “$775,000” 2 years ago. When I saw the comp on MLS, I was thrilled.
I saw my neighbor shortly afterwards and congratulated him on the sale at $775,000. He said to not get too excited because that price included a $50,000 kickback to the Buyer so he only netted $725,000. At the time, he wasn’t sure if it was legit or not because the 2 brokers worked it out with the Buyer.
Participant“Being that jerk that I am, my realtor evenutally talked the person up to $435k, which was above my original asking price, but still far below what others were asking in the hood. The property closed escrow for $455k, of which $20k was given back to the buyer.”
In this case, the price of the home was raised to cover the $20,000 payment to the Buyer. The Seller didn’t make any concessions.
Something was manipulated (appraisal and loan?) to allow the Buyer to get an additional $20,000 from the Lender.
Participant“Being that jerk that I am, my realtor evenutally talked the person up to $435k, which was above my original asking price, but still far below what others were asking in the hood. The property closed escrow for $455k, of which $20k was given back to the buyer.”
In this case, the price of the home was raised to cover the $20,000 payment to the Buyer. The Seller didn’t make any concessions.
Something was manipulated (appraisal and loan?) to allow the Buyer to get an additional $20,000 from the Lender.
Participant“Being that jerk that I am, my realtor evenutally talked the person up to $435k, which was above my original asking price, but still far below what others were asking in the hood. The property closed escrow for $455k, of which $20k was given back to the buyer.”
In this case, the price of the home was raised to cover the $20,000 payment to the Buyer. The Seller didn’t make any concessions.
Something was manipulated (appraisal and loan?) to allow the Buyer to get an additional $20,000 from the Lender.
Participant“Being that jerk that I am, my realtor evenutally talked the person up to $435k, which was above my original asking price, but still far below what others were asking in the hood. The property closed escrow for $455k, of which $20k was given back to the buyer.”
In this case, the price of the home was raised to cover the $20,000 payment to the Buyer. The Seller didn’t make any concessions.
Something was manipulated (appraisal and loan?) to allow the Buyer to get an additional $20,000 from the Lender.
ParticipantGo ahead and tell us the company. We are not insiders and we are allowed to trade on rumor and speculation.
Is Warren Buffet buying it?
http://www.builderonline.com/industry-news.asp?sectionID=26&articleID=536325
http://www.suntimes.com/business/628080,CST-FIN-mkts31.article
http://www.topix.com/com/brka/2007/08/buffett-rumor-buoys-troubled-countrywide
http://www.topix.com/business/financial-services/2007/09/will-warren-buffett-boost-bear-stearns
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