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sdrealtor
ParticipantI heard thatthe State of Minnesota is outlawing Stated Income and Neg Am loans as of tommorrow.
ParticipantDont listen to Perry as he wants downtown to go down as far as possible as quickly as possible so he can buy what he wants down there. You know what you want and when you will look to buy. Do your own due diligence and get the information you seek from both sides of the equation.
ParticipantDont listen to Perry as he wants downtown to go down as far as possible as quickly as possible so he can buy what he wants down there. You know what you want and when you will look to buy. Do your own due diligence and get the information you seek from both sides of the equation.
ParticipantThe date I provided was the date the deed of trust recorded. I dont know or care when the trustee sale actually occured.
Banks are starting to get more aggressive. I spoke to colleague who is getting his REO’s priced very competitively. He had 7 offers on two of them within the first couple days along Coastal NC. I also heard about a an REO property in SEH that is about to get listed for 200,000 below what it sold for new last year. OUCH!!
ParticipantThe date I provided was the date the deed of trust recorded. I dont know or care when the trustee sale actually occured.
Banks are starting to get more aggressive. I spoke to colleague who is getting his REO’s priced very competitively. He had 7 offers on two of them within the first couple days along Coastal NC. I also heard about a an REO property in SEH that is about to get listed for 200,000 below what it sold for new last year. OUCH!!
ParticipantI stand corrected. for some reason that transaction did not show up in my search on our wonderful MLS last night. I didnt even see the listing when I looked for it. Definitely my mistake not yours.
BTW, when you are questing the accuracy of my statements it doesnt help to have more inaccuracies in your own – 1803 and 1802 or 502 and 503?
ParticipantI stand corrected. for some reason that transaction did not show up in my search on our wonderful MLS last night. I didnt even see the listing when I looked for it. Definitely my mistake not yours.
BTW, when you are questing the accuracy of my statements it doesnt help to have more inaccuracies in your own – 1803 and 1802 or 502 and 503?
ParticipantFWIW, I dont know whether I’d call Jim Cramer fairly mainstream he’s a raving lunatic good for shock value at best.
ParticipantFWIW, I dont know whether I’d call Jim Cramer fairly mainstream he’s a raving lunatic good for shock value at best.
ParticipantLooks like a case of shoddy reporting. 1803 sold for $1.095M last year with 1005 financing and went back to US Bank on July 12th for $928,367. 1802 is currently on the market for 750 to 775K. Maybe it went into escrow and hasnt been updated but it is still currently in the original owners name.
ParticipantLooks like a case of shoddy reporting. 1803 sold for $1.095M last year with 1005 financing and went back to US Bank on July 12th for $928,367. 1802 is currently on the market for 750 to 775K. Maybe it went into escrow and hasnt been updated but it is still currently in the original owners name.
ParticipantActually 10K doesnt include any of what you mentioned and is still pretty basic. The biggest expense is concrete which has skyrocketed in price as the biggest cost factor in the production of concrete is petroleum.
ParticipantActually 10K doesnt include any of what you mentioned and is still pretty basic. The biggest expense is concrete which has skyrocketed in price as the biggest cost factor in the production of concrete is petroleum.
ParticipantFYI, title insurance rates are on file with the Insurance Commissioner and if they are cutting you a deal, odds are very good they are violating the law. If someone offers you a great deal get it in writing and find out what kind of policy you are getting. I’d make sure it’s a Homeowner’s Policy (ALTA HOP). Much of the price cutting comes at the expense of getting lesser coverage.
I have also heard many stories of promises made that were undeliverable at closing time. If you are going to transfer the house into a trust make sure you include that in your shopping. Most policies become invalid when you transfer ownership even if its only into a personal trust.
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