Kim

I'm a:	Just Looking
Location:	Santa Rosa

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Everytime I see a house I like and the price I want, My agent always tells me it already has multiple offers

Asked Sun Jul 13 2008, 04:30 by Robert - 95401 - Home Buying - 15 answers

Kim answered:

Under no conditions offer over asking it is a clear rip off. "show me the offers" I went to make an offer they said it had multiples over asking, 6 weeks later they lowed the price! Does anyone out there know what the laws are about agent making offers for the buyer make your offer never over asking (never ever). - Sun Aug 17 2008, 11:30

I am interested in purchasing an REO as a 1st time home buyer.

Asked Sat Aug 2 2008, 13:12 by Michelle - 95409 - Foreclosure - 9 answers

Kim answered:

go to sonomareo.com but guess what, the buyers define the bottom we are only on the up swing if people start cranking up their offers! - Sun Aug 17 2008, 11:21

The reason the REO's are not listed is the banks and there agents don't what you to know how bad it is. The number of REO's not listed is considerable. If you are like me the asking prices make you believe you can afford it so you start looking. then low and behold when you go to make an offer there are multiple offers on that 250k house listed for 200 days. Getting buyers make offers over asking thats their game even your agent is tryng to get you to spend more. BUYERS STICK TO YOUR GUNS WE CONTROL THE MARKET! DON"T LET THE SYSTEM CONTROL YOU.
buyers don't restart the insanity of 05 don't get into bidding wars! - Sun Aug 17 2008, 11:14

Bottom of the market?

Asked Sat Jul 26 2008, 18:46 by Jeremy - Sebastopol - Home Buying - 46 answers

Kim answered:

BUYERS THERE IS PLENTY TO GO AROUND MORE ON THE WAY
Fact is the banks and agents are organized where the buyers are not. They believe what the agent says then blindly over asking.Remember how we got here.... people offering (enticed buy their agents) way to much for houses, buyers agents with no incentive to save the buyer money. Ya the inventory is like never in history so why are people getting into bidding wars with each other.
I agree with hanging in the but maybe hang in means "buyers unit" don't let your agents talk you into spending more there are way too many house for us to start playing into the GAME run buy the agents and banks! BUYERS THERE IS PLENTY TO GO AROUND MORE ON THE WAY DON'T FEEL SORRY FOR THE BANKS THEY ARE ALREADY GETTING BAILED OUT(buy the tax payers) - Sun Aug 17 2008, 10:57

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