We had realtor bring us an offer on one of our listings, the seller accepted the deal, but required to see credit scrores and we did get a loan commitment with usual outstanding conditions to be met. 3 credit scroes were mid 7's and high 6's.should be a slam dunk. Originally the seller was reluctant to take this deal as we had a few deals that didnt make it past the 2nd week, so he wanted it known to the lenders rep, that we werent going further without a few assurances. I then received a call from the person handling this loan for the … (0 comments)
We had realtor bring us an offer on one of our listings, the seller accepted the deal, but required to see credit scrores and we did get a loan commitment with usual outstanding conditions to be met. 3 credit scroes were mid 7's and high 6's.should be a slam dunk. Originally the seller was reluctant to take this deal as we had a few deals that didnt make it past the 2nd week, so he wanted it known to the lenders rep, that we werent going further without a few assurances. I then received a call from the person handling this loan for the … (0 comments)
real estate: Market price or wish price?
- 10/01/06 04:43 AM
Unfortunately for sellers... they are still in that mode that it's still a sellers market and they are still looking to get that big 25% return we were all getting the last 3-4 years, I ...as well buy property and sell,rent or flip or whatever else you want to call it so I can relate to their disappointment. But because of rising property taxes and ridiculous reasons insurance companies just drop HO's like a hot potato. Prices are starting to level off and I anticipate that they will surely start to drop at a drastic pace if something isn't done.I remember when things were … (24 comments)
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