buyer: TO THE BANKS..... "TAKE THE MONEY AND RUN" DON'T WASTE MONEY AND TIME
- 01/14/09 10:22 AM
We tell the banks to take the money and run in this market. With so many short sales and foreclosures the banks are overwhelmed. If we get a buyer, write up a contract for something close to list price and the buyer has a preapproval for financing or cash, then why not take it? Banks are losing more money by counter offering for $5,000 more than the offer. How ridiculous this actually is. Here's why; If the banks counter an offer and the buyer walks, then we continue to market the property and show it in hopes of finding a new … (0 comments)
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We tell the banks to take the money and run in this market. With so many short sales and foreclosures the banks are overwhelmed. If we get a buyer, write up a contract for something close to list price and the buyer has a preapproval for financing or cash, then why not take it? Banks are losing more money by counter offering for $5,000 more than the offer. How ridiculous this actually is. Here's why; If the banks counter an offer and the buyer walks, then we continue to market the property and show it in hopes of finding a new … (0 comments)
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