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GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting RunsWithScissors:</b>" <blockquote><b>Quoting BrittanieY:</b>" Personally? None. I bought it from a bank and ... [snip!] ... This, but I bought it from the owner. Can't beat 35k for 3br 2 bath and just under an acre of property!"</blockquote>




Um, no, no, you can't!

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting FormerLlamaMama+.5:</b>" House was listed for $156,000 and after closing costs, taxes, etc it was financed for $159,000. "</blockquote>




Did you offer 156 and everything else racked it up three grand?

Fairy [God] Mother Due February 23 (girl); 17 kids; Stratham, New Hampshire 7085 posts
3rd Oct '12

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting Fairy [God] Mother

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting Andi+Andy=Marley+1:</b>" It's te price they want for the house and then the price you offer. The previous owners of my house ... [snip!] ... wanted 135,000. We offered 140,000 (there were other bids so we chose to go over). So that's what we are paying (plus interest)"</blockquote>




That's one thing that worries me.. Are the bids. My friend just bought her first house but every time they made an offer they were Immediately outbid. Sometimes I just wonder how many of the bids are actually real versus just trying to get you to go up.

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting khigh:</b>" I paid asking price, but it was $30k and in another country."</blockquote>




God I couldn't imagine what you paid for your mortgage!

Andi+Andy=Marley+1 2 kids; Fredericksburg, Virginia 4564 posts
3rd Oct '12

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting FormerLlamaMama+.5:</b>" House was listed for $156,000 and after ... [snip!] ... etc it was financed for $159,000. "</blockquote> Did you offer 156 and everything else racked it up three grand?"</blockquote>




It was probably the interest that upped it $3k. That's how much we were charged in interest

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting Jenn{+2}:</b>" It was listed for $200,000 and that's what we bought it for. 4 other people put in offers, so we just went with the asking price."</blockquote>




Do they tell you what the actual offers were or is it a guessing game?

khigh 1 child; Fort Sill, Oklahoma 8101 posts
3rd Oct '12

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting khigh:</b>" I paid asking price, but it was $30k and in another country."</blockquote> God I couldn't imagine what you paid for your mortgage!"</blockquote>



I'm paying $257 month for ten years, including taxes on a $30k mortgage. It's awesome!

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting Andi+Andy=Marley+1:</b>" <blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting ... [snip!] ... get away with low balling for say a short sale.."</blockquote> You can negotiate with a foreclosure and short sales."</blockquote>




It seems like nearly all of the homes now are either foreclosed or short sales! The oly problem is we are on quite a time crunch. We have to be out of our rented townie by the end of December.. Now we could sign a short lease but at the same time I'd prefer to be in our home before may and have everything prepared for the new baby especially if we plan on a home birth.

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting Fairy [God] Mother

Jenn{+2} 2 kids; California 4111 posts
3rd Oct '12
Quoting hαmmers♣inc.:" <blockquote><b>Quoting Jenn{+2}:</b>" It was listed for $200,000 and that's what we ... [snip!] ... just went with the asking price."</blockquote> Do they tell you what the actual offers were or is it a guessing game?"


Just a guessing game. It was the same way with our old house. It was bank owned, so we did asking price and paid our closing costs. Thankfully they both worked out for us.

Fairy [God] Mother Due February 23 (girl); 17 kids; Stratham, New Hampshire 7085 posts
3rd Oct '12

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting Fairy [God] Mother

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting BrittanieY:</b>" You can negotiate in both foreclosures and short sales but they are less likely to drop large amounts ... [snip!] ... in a house. You like their blinds? They have a gorgeous fridge? Ask for it in the bid! Worst thing they can do is say no."</blockquote>




Okay, I know short sales are what is left of the loan, is that the same for foreclosures? I'm not too educatd on either.



Haha that last part totally reminded me of Father of the Bride

Andi+Andy=Marley+1 2 kids; Fredericksburg, Virginia 4564 posts
3rd Oct '12

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting Andi+Andy=Marley+1:</b>" It's te price they want for the house ... [snip!] ... Immediately outbid. Sometimes I just wonder how many of the bids are actually real versus just trying to get you to go up."</blockquote>




We put offers on a few house and we were out bid on all of them. Around here you can't buy a house for much less then the asking price. All those houses we bid on we offered asking price and they all got higher offers. It was really discouraging. I think that's one reason why I settled for this house. I hate this house...

GL♣PC♥BC 3 kids; Atlanta, GA, United States 9408 posts
3rd Oct '12

<blockquote><b>Quoting Fairy [God] Mother