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urbanrealtor
Participant[quote=AK]Why would it be an easy short sale, UR? Because there’s enough equity to cover the first with a little bit left over for the second? Or for some other reason?[/quote]
No that’s pretty much why.
Once you cover 5% of the second, you can be pretty sure that the second will eat the rest.
In this case they would get more than 10 percent.
However the listing implies that the seller will show up with funds to close the deal (thus making this analysis largely irrelevant).
urbanrealtor
Participant[quote=Zeitgeist]Hey urban. What’s the difference between Hitler and Obama?
Answer- Hitler did not use a teleprompter.[/quote]Nice.
I don’t really have a lot to add.
However, I will bookmark this quote.
urbanrealtor
Participant[quote=Zeitgeist]Hey urban. What’s the difference between Hitler and Obama?
Answer- Hitler did not use a teleprompter.[/quote]Nice.
I don’t really have a lot to add.
However, I will bookmark this quote.
urbanrealtor
Participant[quote=Zeitgeist]Hey urban. What’s the difference between Hitler and Obama?
Answer- Hitler did not use a teleprompter.[/quote]Nice.
I don’t really have a lot to add.
However, I will bookmark this quote.
urbanrealtor
Participant[quote=Zeitgeist]Hey urban. What’s the difference between Hitler and Obama?
Answer- Hitler did not use a teleprompter.[/quote]Nice.
I don’t really have a lot to add.
However, I will bookmark this quote.
urbanrealtor
Participant[quote=Zeitgeist]Hey urban. What’s the difference between Hitler and Obama?
Answer- Hitler did not use a teleprompter.[/quote]Nice.
I don’t really have a lot to add.
However, I will bookmark this quote.
urbanrealtor
Participant[quote=Zeitgeist]That is an interesting observation. Thank you for sharing.[/quote]
He has a point.
Usually the Nazi thing waits for at least 3 or 4 trolls to start going at it. Putting it in the original is just…so… unseemly.But again as a member of ZOG, I may be biased.
urbanrealtor
Participant[quote=Zeitgeist]That is an interesting observation. Thank you for sharing.[/quote]
He has a point.
Usually the Nazi thing waits for at least 3 or 4 trolls to start going at it. Putting it in the original is just…so… unseemly.But again as a member of ZOG, I may be biased.
urbanrealtor
Participant[quote=Zeitgeist]That is an interesting observation. Thank you for sharing.[/quote]
He has a point.
Usually the Nazi thing waits for at least 3 or 4 trolls to start going at it. Putting it in the original is just…so… unseemly.But again as a member of ZOG, I may be biased.
urbanrealtor
Participant[quote=Zeitgeist]That is an interesting observation. Thank you for sharing.[/quote]
He has a point.
Usually the Nazi thing waits for at least 3 or 4 trolls to start going at it. Putting it in the original is just…so… unseemly.But again as a member of ZOG, I may be biased.
urbanrealtor
Participant[quote=Zeitgeist]That is an interesting observation. Thank you for sharing.[/quote]
He has a point.
Usually the Nazi thing waits for at least 3 or 4 trolls to start going at it. Putting it in the original is just…so… unseemly.But again as a member of ZOG, I may be biased.
urbanrealtor
Participant[quote=teaboy]Thanks again UR.
Awesome. Bought in 1989 for $200k, sold 20 years later for 3 times the price at a loss of $200k. Only in America.Where the #$%& did $600k go? That’s $30k/year. I hope they blew it on something worthwhile like coke and hookers and not a new vw jetta…
Curiously, tho, the MLS remarks read “Not a short sale”. Is that perhaps a case of self-delusion?
TB[/quote]
Not necessarily.
It is possible that the seller has funds to bring in and close the escrow.
I have dealt with those before.
Usually more common in investment properties.
Dude has lots of liquid funds and is willing to pay out to save his credit.
urbanrealtor
Participant[quote=teaboy]Thanks again UR.
Awesome. Bought in 1989 for $200k, sold 20 years later for 3 times the price at a loss of $200k. Only in America.Where the #$%& did $600k go? That’s $30k/year. I hope they blew it on something worthwhile like coke and hookers and not a new vw jetta…
Curiously, tho, the MLS remarks read “Not a short sale”. Is that perhaps a case of self-delusion?
TB[/quote]
Not necessarily.
It is possible that the seller has funds to bring in and close the escrow.
I have dealt with those before.
Usually more common in investment properties.
Dude has lots of liquid funds and is willing to pay out to save his credit.
urbanrealtor
Participant[quote=teaboy]Thanks again UR.
Awesome. Bought in 1989 for $200k, sold 20 years later for 3 times the price at a loss of $200k. Only in America.Where the #$%& did $600k go? That’s $30k/year. I hope they blew it on something worthwhile like coke and hookers and not a new vw jetta…
Curiously, tho, the MLS remarks read “Not a short sale”. Is that perhaps a case of self-delusion?
TB[/quote]
Not necessarily.
It is possible that the seller has funds to bring in and close the escrow.
I have dealt with those before.
Usually more common in investment properties.
Dude has lots of liquid funds and is willing to pay out to save his credit.
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