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Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56430298 added 12-27-2012 4:57 PM by phonic in Archived Deals
602 credit score? Wow, your credit is horrible. I'm surprised anyone will lend to you at all, but it makes sense that they would want >30% down. Ho can you complain about how hard it is to get a...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56435976 added 12-27-2012 9:59 PM by SCDoGo in Archived Deals
Interesting REO rules. Hometown type of bank? When dealing with larger banks I find they just get an appraisal and let it sit at that. Unless they have too many assets they need to dump, I find...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56667404 added 01-06-2013 4:39 PM by StarNova in Archived Deals
I agree. You may have moved on by the time the bank gets their thumb out of their.... If you have time I would wait on the house and probably take the offer (if it's reasonable). Heaven knows...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56431156 added 12-27-2012 5:33 PM by PRINTABLECOUPON in Archived Deals
Not a short sale bank actually owns property. BOFA not requiring any down I want to put 50k down Have 110k cash ( provable in there account) 140k in stocks, and about 40k in assets getting a...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56430092 added 12-27-2012 4:47 PM by Dr. J in Archived Deals
602? jeez...... you are lucky you're getting ANY response for mortgage. FWIW when we sold and bought simultaneously 2 years ago, our realtor told us to offer 20% less than asking - and we were...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56431522 added 12-27-2012 5:51 PM by discostu58 in Archived Deals
If its bank owned then it has already been through foreclosure. I would up the bid unless you are willing to let that house slide for $13k. If you are ok with that, then stick to your bid and...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56431610 added 12-27-2012 5:55 PM by PRINTABLECOUPON in Archived Deals
They want me to sign up for autopay or auto draft whatever its called for my main checking account which is fine. I'm going to wait for 1 counter offer from them and accept, I think the house will...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56428378 added 12-27-2012 3:23 PM by PRINTABLECOUPON in Archived Deals
Nice neighborhood ,Love the house, priced competitively at 130k in foreclosure. House has been tried to be sold for past year ranging from 150-130k from previous owner. In 2008 the house was sold for...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56430244 added 12-27-2012 4:54 PM by discostu58 in Archived Deals
is the house in short sale? If so, even if the seller agrees to the price, that doesnt mean the bank will. Also, depending on which bank owns the mortgage, good luck getting an answer on your bid...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56431986 added 12-27-2012 6:14 PM by discostu58 in Archived Deals
Just to let you know, they will probably only counter/accept the highest bidder. So if you aren't the highest bidder, you will just hear they accepted another offer and that's it. I lost a house a...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56433144 added 12-27-2012 7:11 PM by PRINTABLECOUPON in Archived Deals
Agent says they have no other offers and will consider all offers this sunday so if i'm the only offer they will have to counter so that's defiantly what i'm hoping for. Also if someone else does...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56667274 added 01-06-2013 4:27 PM by winterchill in Archived Deals
Delete
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56431056 added 12-27-2012 5:29 PM by calnbs in Archived Deals
From my experience two years ago, houses will usually sell what ever the market is unless you are willing to pay all cash. I've seen properties sold for much less when cash is involved. Your...
Negotiating in the house process
Expired
Thread created 12-27-2012 by PRINTABLECOUPON
0 Score 13 Replies 1,716 Views
Post #56440966 added 12-28-2012 6:06 AM by tennis8363 in Archived Deals
No they don't have to counter. Banks are slow and illogical in these times, what the do seems to make the least amount of sense.

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