Wow, its amazing how many bank owned listings are available in our area. I've been working with a buyer for the past two weeks and we've written six offers. The first one we wrote had another offer just accepted right before we faxed over our offer. We learned our lesson and made sure to call on the others before we spent the time and did all the paperwork. The back up choices had three and five offers on the table already. We kept looking. I thought we were ahead of the game since we were writing the offers in the afternoon on Monday. Then again, that is the same as writing an offer on Sunday if the banks are closed. Monday is still "retail price" for the bank owned properties.
I think we've seen every available home in Temecula that is up to the $250K price range. It makes sense. That is affordable housing for California. The total on the payments with three percent down comes to about $1800 a month.
All I can say is thank God for hand sanitizer. Some of these houses are ridic! Its amazing to know that people actually lived in these places. The carpets sometimes are, my lord, horrible! And the kitchens. Yick! And mind you, how many freekin' random stoves and dishwashers are going to be available for sale in flea markets and the like. C'mon people, what were you thinking taking all that stuff out? Is it the banks fault you didn't pay your bills? That's just weird, inconsiderate, and a true show of character. Its sad.
I am hoping an offer we put in today will go through. Its a four bedroom house/three bath house with one bed/one bath downstairs. Perfect for grandma and grandpa who will be visiting and can't make it up the stairs. The kids will each have their own room as well. Good schools, good location for commuting. Of course one of the other four offers may be accepted too. It would be nice if we could get an answer back from someone! Of course I did offer to pay to have the property cleaned before they move in. It was embarrassing how yucky the house was! Good thing I know a great cleaning lady!
I've been calling each of the listing agents every day, staying in touch, but still no answer. I'm sure I'm getting on their nerves, but I wouldn't feel right if I didn't call to check. Hopefully one of the filthy fixers will be accepted and we'll be opening escrow soon!
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