Recent content by David714_IHB

I'm curious as to how most sellers view these offers. Is an all cash offer X% below asking price more than attractive than a typical 80/10/10 or 20% down offer at asking price? If a buyer is willing to pay cash they should expect a little more sweetness in the deal. How much sweetness, X, can...

IrvineRealtor, thanks for looking that up, it's very unusual. I did not think that she was lying to me about the forclosure... Our condo community is installing new garage doors (at no cost to residents) and I noticed that hers has not been installed yet. When I asked her when her garage door...

Can someone please look up 18 Laurel Ln. Aliso Viejo 92656. The owner told me it's being forclosed and she just moved out, but this property is not showing up on FR...

I?ve been browsing through some past trustee sales listings and I?m seeing a huge number of postponements. It seems that on any given trustee sale day about 90% or more of the sales are postponed. To me this seems unusual, but then again I?ve never tracked the trustee sales during ?normal...

At one point I was also deciding between a house and a condo and I ended up buying the condo. I frequently look back and kick myself for not buying the house...

Can anyone comment on the typical terms in cash for keys agreement? How much money should you offer? How much time should you give?

I don't know much about banking so maybe someone who does can explain this to me... Why would a bank be motivated to hold a proprty and rent it? Could they be brazen enough to gamble on RE appreciation at a time like this or are there some greater forces in play?

I may have made a mistake above, I'm not sure. If there are excess funds after both loans are satisifed then those funds would go to the homeowner? I think this is what LoadRoar stated. If that is true, then why would the foreclosing bank ever bid above its remaining loan balance? If it did...