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You mean for davenlei? Either way, yeah I suppose. Their agent did say we're the only ones she opened escrow with. That'd be fun :coolmad: The home is in Eastside CM, so not davenlei's debacle.

Update on my short sale purchase attempt: As of week 6, the 2nd came back and verbally approved. So, they were to get 10% of their mortgage covered from the 1st. The selling agent opened escrow and said they will write approvals within a week or so. Coming up on the end of week 9...

I livedi in that area for 5 years. If you have any ?s please ask.

I certainly have mixed feelings about him also. It was nice to hear about the good things he did. I also very much acknowledge his horrible past, which I am of the opinion affected his lack of perception of reality and affected his political leanings. He likely felt quite ostracized for a...

I can't see the text that may have been posted. If it explicitly says you can't grow food on the land there, that may be related to the soil potentially being hazardous, adn that the attorneys decided to include that rather than being liable for the contaminated soil. I saw a point about...

Is there a benefit of a 40k loan with no interest due at the end if all payments are on time vs. a gift? As far as lenders may be concerned and keeping the debt to income ratio below 28? Outside of not having to pay it back of course! I'm just looking through the lender's eyes.... and I don't...

What about removal of loan and appraisal contingencies on an REO? I had this happen to me and I effectively took myself out of the countering battle by accepting those counters but lowering my bid 10k. My realtor at first said "You don't want to continue on this right?" but I said, "lemme...

That's a tough one to answer, practically, since the realtor (just my theory) could be acting on the bank's best interests in that decision. Making it simpler for everyone and finding a bidder (me) to accept the terms they already previously accepted and to move the sale along may be in both...

Who cares?!! It's so cheap! lol. Buy and rent out! Oh wait, that doesn't make financial sense? Imagine that...

Our economy is stabilizing. Meaning, low performing (relatively) for years to come. THis is ensured by environmental regulations (their time is due) and exportation of manufacturing jobs, and our creation of a service economy which will remain weak over the long haul. Don't expect our economy...

Question along the same lines! I have a situation where the short sale was approved for a different buyer. By the time the bank(s) got back to them with a "yes", that buyer had moved on. Imagine that, after months of waiting! So just before the bank approved the offer, we put a bid at just...

Hmm, I'm looking to buy in hte Eastside CM area too, thanks for the discussion. I also don't find planes or trains that bad though, sometimes they're just another soothing sound! Almost bought a house right next to the train...