First of all, I donot agree with realtors suggesting a short sale. c'mon. thinking logically who will take the hit? BANK. and who pays for it ? rest of the PEOPLE ? is it fair? look at what hapened to bair and sterns ..the fed bailed them out...but in reality the 30billion is paid for by the taxes which we pay , including normal people who didnt have anything to do with mortgage mess!!
its like everything else...its RISK we take and understand the implications ..NOT pass it to rest of the people... in good times if the house now sold for a million , would u share ur profits? with neighbors? or the bank? - Fri May 23 2008, 09:36
if u have done your homework and know the process of buying a home, i donot know why you shud not give a shot at making an offer that "YOU" think is fair. who cares what homes have been sold for in the past.
even if you get a realtor be ready to READ them so that they are not in it for just a commission. ultimately its u and ur family who has to pay for 30yrs and live in that home. So, do ur math and there is enough information available these days on the web. take ur time,study the area YOURSELF, consider the situation of buyer's market and negotiate HARD. always pay at a price that u deem is correct based on your homework. - Fri May 9 2008, 15:51
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.