[temeculaguy]

I looked but I couldn’t find in the narrative of the listing where oil or gold reserves were found on the property, that would be the only justification, I’m sure Texaco has engineers on site.

I have seen some listings raise their price and then cut it pretty quickly below the original price so they can advertise a “huge price drop” Even though it wasn’t that much of a drop from the original price. Another explanation is that it is a short sale and the bank balked at the original price, short pricing is not set by the banks, the realtors have to guess until they have an offer they can submit, then based on the bank’s rejection feedback they can figure out what the bank will take.

The final theory is that someone (owner or realtor) is a moron and they are counting on not being the only moron in the area.

[temeculaguy]

I looked but I couldn’t find in the narrative of the listing where oil or gold reserves were found on the property, that would be the only justification, I’m sure Texaco has engineers on site.

I have seen some listings raise their price and then cut it pretty quickly below the original price so they can advertise a “huge price drop” Even though it wasn’t that much of a drop from the original price. Another explanation is that it is a short sale and the bank balked at the original price, short pricing is not set by the banks, the realtors have to guess until they have an offer they can submit, then based on the bank’s rejection feedback they can figure out what the bank will take.

The final theory is that someone (owner or realtor) is a moron and they are counting on not being the only moron in the area.

[temeculaguy]

I looked but I couldn’t find in the narrative of the listing where oil or gold reserves were found on the property, that would be the only justification, I’m sure Texaco has engineers on site.

I have seen some listings raise their price and then cut it pretty quickly below the original price so they can advertise a “huge price drop” Even though it wasn’t that much of a drop from the original price. Another explanation is that it is a short sale and the bank balked at the original price, short pricing is not set by the banks, the realtors have to guess until they have an offer they can submit, then based on the bank’s rejection feedback they can figure out what the bank will take.

The final theory is that someone (owner or realtor) is a moron and they are counting on not being the only moron in the area.

[temeculaguy]

I looked but I couldn’t find in the narrative of the listing where oil or gold reserves were found on the property, that would be the only justification, I’m sure Texaco has engineers on site.

I have seen some listings raise their price and then cut it pretty quickly below the original price so they can advertise a “huge price drop” Even though it wasn’t that much of a drop from the original price. Another explanation is that it is a short sale and the bank balked at the original price, short pricing is not set by the banks, the realtors have to guess until they have an offer they can submit, then based on the bank’s rejection feedback they can figure out what the bank will take.

The final theory is that someone (owner or realtor) is a moron and they are counting on not being the only moron in the area.

[temeculaguy]

I looked but I couldn’t find in the narrative of the listing where oil or gold reserves were found on the property, that would be the only justification, I’m sure Texaco has engineers on site.

I have seen some listings raise their price and then cut it pretty quickly below the original price so they can advertise a “huge price drop” Even though it wasn’t that much of a drop from the original price. Another explanation is that it is a short sale and the bank balked at the original price, short pricing is not set by the banks, the realtors have to guess until they have an offer they can submit, then based on the bank’s rejection feedback they can figure out what the bank will take.

The final theory is that someone (owner or realtor) is a moron and they are counting on not being the only moron in the area.

[temeculaguy]

JC, 2001 priced homes are not that common and they tend to sell quickly, if you’ve found one and would be happy with it, can afford it and it costs you the same as rent, you will lose a little sleep thinking about it because it does make sense for a number of reasons, we will each find our time, just be sure you aren’t talking yourself into something and being honest about the 2001 prices, rents and your ability to afford it because we are in the early or middle innings, there will be no price appreciation for years and you need to be prepared to stay put and have fixed rate payments that you can truly afford.

patiently, thanks for cutting and pasting me, that post was so late in that thread I didn’t think anyone read it and felix never responded, it felt like I screamed in that room and everyone stopped talking afterwards. It wasn’t really a single case scenario, I can throw those up all day long and i firmly believe that in six months I will still be able to, in fact it should be easier and more dramatic.

[temeculaguy]

JC, 2001 priced homes are not that common and they tend to sell quickly, if you’ve found one and would be happy with it, can afford it and it costs you the same as rent, you will lose a little sleep thinking about it because it does make sense for a number of reasons, we will each find our time, just be sure you aren’t talking yourself into something and being honest about the 2001 prices, rents and your ability to afford it because we are in the early or middle innings, there will be no price appreciation for years and you need to be prepared to stay put and have fixed rate payments that you can truly afford.

patiently, thanks for cutting and pasting me, that post was so late in that thread I didn’t think anyone read it and felix never responded, it felt like I screamed in that room and everyone stopped talking afterwards. It wasn’t really a single case scenario, I can throw those up all day long and i firmly believe that in six months I will still be able to, in fact it should be easier and more dramatic.

[temeculaguy]

JC, 2001 priced homes are not that common and they tend to sell quickly, if you’ve found one and would be happy with it, can afford it and it costs you the same as rent, you will lose a little sleep thinking about it because it does make sense for a number of reasons, we will each find our time, just be sure you aren’t talking yourself into something and being honest about the 2001 prices, rents and your ability to afford it because we are in the early or middle innings, there will be no price appreciation for years and you need to be prepared to stay put and have fixed rate payments that you can truly afford.

patiently, thanks for cutting and pasting me, that post was so late in that thread I didn’t think anyone read it and felix never responded, it felt like I screamed in that room and everyone stopped talking afterwards. It wasn’t really a single case scenario, I can throw those up all day long and i firmly believe that in six months I will still be able to, in fact it should be easier and more dramatic.

[temeculaguy]

JC, 2001 priced homes are not that common and they tend to sell quickly, if you’ve found one and would be happy with it, can afford it and it costs you the same as rent, you will lose a little sleep thinking about it because it does make sense for a number of reasons, we will each find our time, just be sure you aren’t talking yourself into something and being honest about the 2001 prices, rents and your ability to afford it because we are in the early or middle innings, there will be no price appreciation for years and you need to be prepared to stay put and have fixed rate payments that you can truly afford.

patiently, thanks for cutting and pasting me, that post was so late in that thread I didn’t think anyone read it and felix never responded, it felt like I screamed in that room and everyone stopped talking afterwards. It wasn’t really a single case scenario, I can throw those up all day long and i firmly believe that in six months I will still be able to, in fact it should be easier and more dramatic.

[temeculaguy]

JC, 2001 priced homes are not that common and they tend to sell quickly, if you’ve found one and would be happy with it, can afford it and it costs you the same as rent, you will lose a little sleep thinking about it because it does make sense for a number of reasons, we will each find our time, just be sure you aren’t talking yourself into something and being honest about the 2001 prices, rents and your ability to afford it because we are in the early or middle innings, there will be no price appreciation for years and you need to be prepared to stay put and have fixed rate payments that you can truly afford.

patiently, thanks for cutting and pasting me, that post was so late in that thread I didn’t think anyone read it and felix never responded, it felt like I screamed in that room and everyone stopped talking afterwards. It wasn’t really a single case scenario, I can throw those up all day long and i firmly believe that in six months I will still be able to, in fact it should be easier and more dramatic.

[temeculaguy]

I often read about people fearing that they cannot inspect homes they buy on the courthouse steps. Who the heck would buy a house at that stage, that is just a ceremony, required by law where someone can buy the place for the amount of the debt. If the value was more than or equal to the debt, the owner would have sold proir to the procedure, those courthouse step trustee sales are almost always well above today’s market value in our current declining price scenario. Once the bank gets it back and after the courthouse step procedure it will end up on the MLS and you will have the opportunity to view with your realtor and bring a private inspector along on a subsequent visit before making an offer. The risk is the lack of warranty and inability to sue for non disclosure in case you missed something, making the private inspection even more vital. The reward can be a lower price and even more leverage in negotiations. Even if you avoid the REO’s, you benefit from their comp lowering. Sometimes the shorts and the refurbs are worse than the repos because they try to hide the problems, doing everything on the cheap, I’d rather they leave it alone and I’ll do it right.

Dealhunter, i’ve seen the granite removed on more than one occasion and many times all of the kitchen cabinets, in fact I saw one stripped and saw the ad on craigslist from the person that stripped it because they used pictures from when it was in place.

[temeculaguy]

I often read about people fearing that they cannot inspect homes they buy on the courthouse steps. Who the heck would buy a house at that stage, that is just a ceremony, required by law where someone can buy the place for the amount of the debt. If the value was more than or equal to the debt, the owner would have sold proir to the procedure, those courthouse step trustee sales are almost always well above today’s market value in our current declining price scenario. Once the bank gets it back and after the courthouse step procedure it will end up on the MLS and you will have the opportunity to view with your realtor and bring a private inspector along on a subsequent visit before making an offer. The risk is the lack of warranty and inability to sue for non disclosure in case you missed something, making the private inspection even more vital. The reward can be a lower price and even more leverage in negotiations. Even if you avoid the REO’s, you benefit from their comp lowering. Sometimes the shorts and the refurbs are worse than the repos because they try to hide the problems, doing everything on the cheap, I’d rather they leave it alone and I’ll do it right.

Dealhunter, i’ve seen the granite removed on more than one occasion and many times all of the kitchen cabinets, in fact I saw one stripped and saw the ad on craigslist from the person that stripped it because they used pictures from when it was in place.

[temeculaguy]

I often read about people fearing that they cannot inspect homes they buy on the courthouse steps. Who the heck would buy a house at that stage, that is just a ceremony, required by law where someone can buy the place for the amount of the debt. If the value was more than or equal to the debt, the owner would have sold proir to the procedure, those courthouse step trustee sales are almost always well above today’s market value in our current declining price scenario. Once the bank gets it back and after the courthouse step procedure it will end up on the MLS and you will have the opportunity to view with your realtor and bring a private inspector along on a subsequent visit before making an offer. The risk is the lack of warranty and inability to sue for non disclosure in case you missed something, making the private inspection even more vital. The reward can be a lower price and even more leverage in negotiations. Even if you avoid the REO’s, you benefit from their comp lowering. Sometimes the shorts and the refurbs are worse than the repos because they try to hide the problems, doing everything on the cheap, I’d rather they leave it alone and I’ll do it right.

Dealhunter, i’ve seen the granite removed on more than one occasion and many times all of the kitchen cabinets, in fact I saw one stripped and saw the ad on craigslist from the person that stripped it because they used pictures from when it was in place.

[temeculaguy]

I often read about people fearing that they cannot inspect homes they buy on the courthouse steps. Who the heck would buy a house at that stage, that is just a ceremony, required by law where someone can buy the place for the amount of the debt. If the value was more than or equal to the debt, the owner would have sold proir to the procedure, those courthouse step trustee sales are almost always well above today’s market value in our current declining price scenario. Once the bank gets it back and after the courthouse step procedure it will end up on the MLS and you will have the opportunity to view with your realtor and bring a private inspector along on a subsequent visit before making an offer. The risk is the lack of warranty and inability to sue for non disclosure in case you missed something, making the private inspection even more vital. The reward can be a lower price and even more leverage in negotiations. Even if you avoid the REO’s, you benefit from their comp lowering. Sometimes the shorts and the refurbs are worse than the repos because they try to hide the problems, doing everything on the cheap, I’d rather they leave it alone and I’ll do it right.

Dealhunter, i’ve seen the granite removed on more than one occasion and many times all of the kitchen cabinets, in fact I saw one stripped and saw the ad on craigslist from the person that stripped it because they used pictures from when it was in place.

[temeculaguy]

I often read about people fearing that they cannot inspect homes they buy on the courthouse steps. Who the heck would buy a house at that stage, that is just a ceremony, required by law where someone can buy the place for the amount of the debt. If the value was more than or equal to the debt, the owner would have sold proir to the procedure, those courthouse step trustee sales are almost always well above today’s market value in our current declining price scenario. Once the bank gets it back and after the courthouse step procedure it will end up on the MLS and you will have the opportunity to view with your realtor and bring a private inspector along on a subsequent visit before making an offer. The risk is the lack of warranty and inability to sue for non disclosure in case you missed something, making the private inspection even more vital. The reward can be a lower price and even more leverage in negotiations. Even if you avoid the REO’s, you benefit from their comp lowering. Sometimes the shorts and the refurbs are worse than the repos because they try to hide the problems, doing everything on the cheap, I’d rather they leave it alone and I’ll do it right.

Dealhunter, i’ve seen the granite removed on more than one occasion and many times all of the kitchen cabinets, in fact I saw one stripped and saw the ad on craigslist from the person that stripped it because they used pictures from when it was in place.

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