Jane

Zillow.com or Realtor.com... Also, Yahoo and MSN are ok too... - Wed Aug 6 2008, 15:35

"J R" - MY POINT IS > MANY people come to this site looking for answers to their questions. All we ask is that the answers are professional, straight and to the point. Thanks... - Wed Jul 30 2008, 15:17

Can't we all just get along? Maybe you should continue your conversation by exchanging email addresses or something. My Inbox is getting full of "updates" that are no longer even related to the original posting here. Move on already! Thank You... =) - Wed Jul 30 2008, 07:04

Poor Todd, just like ME, - he's just a squirrel tryin to get a nut!!! lol and I think we can ALL agree these are some pretty tough times(for seller's especially), but for Buyer's it's actually a pretty good time. WISH THEY KNEW THAT IN VERRADO!!! What's the deal out there ANYWAY? Some of the seller's out there are REALLY IN LA LA LAND with their prices!?! They think they're in Scottsdale or something! Oh well, Good Day all... - Wed Jul 2 2008, 18:15

With all due respect to the Agents AND their licenses-This IS a Q&A forum, and it takes about 2 minutes to answer a question here. If you feel it's not profitable to answer a question, spend your time doing something else then. We're NOT rapists, just regular people who came to a website that WELCOMES Q&A... - Wed Jul 2 2008, 17:04

As a recent home buyer AND seller myself, I have to agree with what Robert Ribas is saying although I KNOW that during MY search for a home, the homes that were "run down" were NOT attractive to me AT ALL. I wanted something that was "turn key"... In this market there is A LOT to choose from, and regardless of price, I wanted something that was atleast clean AND painted, carpet, etc etc in a decent, "workable" manner. There is so much competition out there WITH the foreclosures being priced so low, that there's no reason for ANYONE to have to settle for anything LESS than a house that's READY to MOVE INTO RIGHT NOW. SO, my advice to you (as a homebuyer myself), is to have your house: 1. cleaned thoroughly, 2. yard manicured to the best of it's ability, and 3. some neutral paint on the inside, and finally 4. Priced competitively (if you want to sell it quicker)... This is all AT THE VERY LEAST... Good Luck To You! - Wed Jul 30 2008, 07:23

We just bought a basement home. The basement is fully livable, and IS counted as ppft2 IN the total price of the home, as it should be. If what you have is more like a cellar, then perhaps not. - Mon Jul 14 2008, 17:23

Hi K.R. - I have been going through THE SAME THING WITH REO's for the past 6 MONTHS, and have just this week FINALLY gotten an accepted offer on one. Here's how it will typically play out IF THE BANK WANTS TO SELL, AND IF THEY ARE NOT WAITING FOR A BETTER OFFER:
1. You should receive atleast a VERBAL acceptance, counter, or rejection - within a week(at the longest)
2. IF they accept, they will forward the "addendums" to the listing agent, to forward to YOU to sign, BEFORE the contract can be EXECUTED.
3. AFTER all this is said and done, and ALL parties have signed, Escrow opens and you are on your way.
BUT, it should NOT take longer than a week to receive SOME SORT OF INDICATION ON WHERE YOU STAND. REGARDLESS OF HOW OVERWHELMED THEY ARE.
It's very simple: IF the bank wants to sell the property, they are going to do it. They will be fast and efficient when they WANT to be... Just keep this in mind when you find yourself sitting around waiting, watching days go by with no response. Trust ME, I know what it's like. It's a tough road, but it DOES have an end in sight. KEEP ON THE LA's A**, and he should provide you with the answers you seek.....Good Luck and Hang in there! - Thu Jul 10 2008, 09:49