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re: LSU
Posted on 2/16/13 at 7:43 pm to SCUBABlake
Posted on 2/16/13 at 7:43 pm to SCUBABlake
quote:
despite everything that's going around, home sales are up quite a bit right now, at least in Texas. It still hasn't fully recovered, obviously.
Hire a property manager, let them take care of it for you for a small cut, boom. Paying your mortgage and maybe some of your taxes while not incurring more debt.
it's too late now, the loan was taken out and the house sold. it's all over but the crying. But I'll make it. I got a good job with lots of growth potential, just bitchin about the loss.
Thanks for the advise though.
1
Posted on 2/16/13 at 7:43 pm to cajunfury87
What made your offer better?
Posted on 2/16/13 at 7:44 pm to MSG
quote:
The listing agent says she may be putting in an offer. It just seems really shady to me.
Who is assembling the offers? Are the offers going directly to the bank or through the listing Realtard(R)?
The year and a half it took me to find the house I am in now was the most miserable time of my life. 99% of Realtards(R) are completely worthless and have failed at everything else in life prior to getting into the equity-thieving business.
Posted on 2/16/13 at 7:45 pm to BananaHammock
(no message)
This post was edited on 2/22/13 at 6:57 pm
Posted on 2/16/13 at 7:45 pm to white perch
I know, just something to ponder in the future.
Posted on 2/16/13 at 7:47 pm to MSG
House will be purchased "as is" and will probably be a shithole.
Posted on 2/16/13 at 7:49 pm to JAB528
If it was listed I assume he has either been inside or seen pictures. This isn't that show on TLC or whatever.
Posted on 2/16/13 at 7:51 pm to JAB528
(no message)
This post was edited on 2/22/13 at 6:57 pm
Posted on 2/16/13 at 7:51 pm to SCUBABlake
quote:
I agree. I've never heard of anyone allowing it, but I've only dealt with HUDs.
Yep. BoA is strict about it.
Most common thing I saw was a moratorium on investor offers for the first 14 days on market. I've also seen deed restrictions saying the buyer has to wait 90 or 180 days to re-sell.
Posted on 2/16/13 at 8:05 pm to MSG
quote:
The listing agent is
So he/she could just accidentally lose your offer if it is higher than what he wants to pay on it.
Or, he/she is just telling you (and everyone else) that he/she is putting in an offer to make the property appear more attractive.
Who knows what the motivation is, but I wouldn't trust a single word from any Realtard(R).
It seems to be a conflict of interest for a listing agent to submit an offer. Then again a Realtard (R) once told me that any home on the market is a bad deal because every Realtard(R) has already passed on it.
Posted on 2/16/13 at 8:19 pm to BananaHammock
I take it you don't like real estate agents?Posted on 2/16/13 at 8:21 pm to BananaHammock
quote:
So he/she could just accidentally lose your offer if it is higher than what he wants to pay on it.
Yeah, except if you fax/email it to him you have proof that he received it. The final sale value is a matter of public record in most places.
So if it sells for less than you offered, you can tell the bank and the real estate commission and that realtor will (1) get fired by the bank and (2) have his license suspended.
Posted on 2/16/13 at 10:19 pm to MSG
quote:
We made an offer, now they're saying it has multiple offers and to submit your best offer.
this is very standard. if you think it is a ploy by them to get more money out of you then turn in the same offer.
Posted on 2/16/13 at 10:22 pm to MSG
quote:
The whole listing agent thing is what I think is fishy. She says she won't open the offers until its time to submit them.
this could be real fishy. typically the offer would go to the broker of the firm in a sealed envelope until the time they are due.
Posted on 2/16/13 at 10:24 pm to BananaHammock
quote:
Then again a Realtard (R) once told me that any home on the market is a bad deal because every Realtard(R) has already passed on it.
yes since they want to have multiple houses to live in..
Posted on 2/16/13 at 10:43 pm to bryso
The agent is bluffing. Why would she divulge that she is going to make an offer and risk driving the price up on herself. I've had an agent make up bad shite about a foreclosure because she wanted her buddy to have the highest bid. Some of them are shady. You need to leave your offer alone. If someone else buys it oh well. There are tons of deals out there.
Posted on 2/17/13 at 5:29 am to BananaHammock
quote:
So he/she could just accidentally lose your offer if it is higher than what he wants to pay on it. Or, he/she is just telling you (and everyone else) that he/she is putting in an offer to make the property appear more attractive.
Send offer via email, if agent loses it email is time stamped and losing contract would be grounds for termination. If its just on market and a great deal as foreclosure are you really shocked more people than OP want this property and a MLO is happening? Plus agent will have to show broker proof of MLO, assuming a brokerage will not risk litigation over one agent on one foreclosure. Are we talking a 200k foreclosure which earns a hefty 6k commission? 6k when taxed and after brokerage fees clears about $3500? That's a good night at bingo money. Someone risking their license over a good run at blackjack? Sounds like a plan to me.
quote:
Then again a Realtard (R) once told me that any home on the market is a bad deal because every Realtard(R) has already passed on it
Arguably the most ridiculous statement ever made on the Internet ever. In williamson county alone there are over $100 million in listings on the MLS. This county is up 66% from 2011. With that info, figure out why you're statement is full blown four alarm retardation, it'll be a good exercise
This post was edited on 2/17/13 at 5:50 am
Posted on 2/17/13 at 6:10 am to MSG
quote:
The listing agent says she may be putting in an offer
Send email asking agent if she's notified her broker about this? Print it out. Also ask if this would be personal or investment. if investment, I'd turn up heat. Regardless of what or when her answers, scheduling to meet her broker to discuss the conflict of interest.
If agent is also broker, schedule this meeting at your local realtor association, if you need help let me know, I'll give you all info you need.
Disregard small people failing to see the regulation in our industry.
This post was edited on 2/17/13 at 6:11 am
Posted on 2/17/13 at 7:45 am to MSG
quote:
Anyone have any exp. w/ foreclosed homes?
Bought one 18 months ago... One of the best decisions I've made
Posted on 2/17/13 at 10:23 am to Lsut81
Thanks for the info.. I'm just going to up our offer, and if we get it, cool. If not, it wasn't meant to be I guess. Bank owned stuff is always shady.
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