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jtd275

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If a bank "owns" the property you want to make an offer on, exactly how low can you go? I have heard you can make ridiculously low offers on these homes with the market being in the condition it is in.

Any insight would be great!

Thanks!
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December 17 2007 - US
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DebtsNMesses

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You can make any offer you want. It does NOT mean the bank must accept the offer.
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2 Yes

December 17 2007
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2 Big 2 Fail

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Banks are currently not accepting lowball offers. Just ask look at the thread Debts started earlier today about the offers she put in on foreclosures and how they were rejected.
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2 Yes

December 17 2007
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Marci Reinheimer

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what Debts said.....
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0 Yes

December 17 2007
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DebtsNMesses

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I did NOT say any of my bids were lowballs, or foreclosures, or short sales. They were more than reasonable offers, I just didn't know the IDIOT Insurance Agents were running around handing people cash w/o paying off their loans when their homes burnt down! I will verify tomorrow and see if my theory is correct.
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December 17 2007
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Randy Henderson, "Randy Henderson"

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I would disagree about banks not accepting lowball offers. I can't discuss it until it closes next month, but I know of at least one bank that made my buyer client quite happy.
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1 Yes

December 17 2007
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2 Big 2 Fail

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Where can I find one of these insurance agents? I would like some money too!!! I will take $200,000 for my house and $3.7 million for my Picasso. Yes, I know I don't have a Picasso, but we don't need to tell Allstate that...
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0 Yes

December 17 2007
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Trolling

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Randy H, keep us informed..; )
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0 Yes

December 17 2007
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Marci Reinheimer

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I'm sure the insurance companies are paying off the lienholder before giving the owner's a check. Where is sas when we need her?
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1 Yes

December 17 2007
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DebtsNMesses

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Really Randy? PLEASE do tell in a month!
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0 Yes

December 17 2007
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DebtsNMesses

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That's what I thought Marci, but I'm not sure now. Pls read my thread here:

http://www.zillow.com/forum/site/ViewThread.htm?tid=15358

How can people have so much cash leftover to be bidding cash? How can that house foreclose if the insurance covered the loan? This is NOT making sense.
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1 Yes

December 17 2007
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2 Big 2 Fail

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My house burned down and I lost my classic car collection. $4 million PLEASE???????
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0 Yes

December 17 2007
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Why so much secrecy about foreclosures Randy? Has buying a foreclosure turned into buying drugs in a back alley at 2 in the morning?
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0 Yes

December 17 2007
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Trolling

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Hot wheels has little collection value..
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0 Yes

December 17 2007
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Marci Reinheimer

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Debts, I don't know. That's why sas would be a good person to ask. She's the insurance attorney extradonaire.

Alpine no, we can't discuss final sales price until it closes.
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1 Yes

December 17 2007
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"Has buying a foreclosure turned into buying drugs in a back alley at 2 in the morning?"

Alps their is hope for you. You can quit NOW if given an intervention.

I'll sponcer you if need be
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0 Yes

December 17 2007
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2 Big 2 Fail

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From urbandictionary.com:

1. trolling

Being a prick on the internet because you can. Typically unleashing one or more cynical or sarcastic remarks on an innocent by-stander, because it's the internet and, hey, you can.

Guy: "I just found the coolest ninja pencil in existence."
Other Guy: "I just found the most retarded thread in existence."

2. trolling

Trolling is the act of purposefully antagonizing other people on the internet, generally on message boards. When done in a moderated internet community, this can result in banning. When done to uptight people such as fundies, this can result in hilarity.

1. Northern New Jersey 8

The richest area in New Jersey. Richest county is Bergen (15 min from NYC). Has upper-middle class residents. It isnt unusual for a home to sell for millions of dollars. Richest town in Bergen county is Alpine.

Alabama Hick: I wish i had an iPod.
Northern New Jersey person: I already have 4. Besides my Dad CAN buy Apple if he wanted to.
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0 Yes

December 17 2007
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5. Alpine, NJ

The richest town in New Jersey and in the New York City area. It is exclusively large homes and estates with no real commercial area. Very private community of wealthy families and celebrities where the mail is delivered to a central post office because the residences don't have mailboxes or house numbers. The town has a school that only goes to eighth grade, but its so small because most kids go to private schools in New York or local private schools. Neighbors include Puff Daddy, Lil' Kim, and Chris Rock. Madonna was rumored to be looking for a home in the area, and Jay-Z was forced to look elsewhere when the town didn't see his house plans as up to par. There was currently the sale of the Frick Estate for over $50 Million and one of the largest homes on the east coast (60,000+ sqft) is on the market for $40 Million. The town is listed as #8 on the Forbes' List of Richest Towns in America. Most people don't know of the town, even though it is only 15 minutes from New York City.

Take a house tour of Alpine, NJ when you want something fun to do.
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0 Yes

December 17 2007
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mpal

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why do you have to pick on trolls?
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0 Yes

December 17 2007
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Trolling

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Let him go..Bed time is 10:30
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1 Yes

December 17 2007
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mpal

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ROFL!
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1 Yes

December 17 2007
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whataboutmycrib

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You don't live in Alpine cause your house is pathetically priced in the $800Ks.......

http://homes.realtor.com/search/searchresults.aspx?ctid=87814&typ=7

And it is doubtful you can afford to live there, cheapest house is 1.2mil.......and your not making anything selling your home. Wannabe.
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1 Yes

December 17 2007
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Trolling

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Ouch..Thats going to leave a mark. lol
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2 Yes

December 17 2007
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mpal

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that's gonna hurt
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0 Yes

December 17 2007
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pinksandbaby

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lmao Trolling

"Love is in the air...."
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1 Yes

December 17 2007
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Pinks,

When did you become an agent?
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1 Yes

December 17 2007
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1. Realist Alpine

"Being a prick on the internet because you can. Typically unleashing one or more cynical or sarcastic remarks on an innocent by-stander, because it's the internet and, hey, you can."


Creepy Alpine
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2 Yes

December 17 2007
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pinksandbaby

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I'm not LIB- I messed up my profile when I put our agent's info on there and I can't get it off! It's HEAVY too! lol
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2 Yes

December 17 2007
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Why did you put your agents info in there? Is the agent giving you kickbacks?
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1 Yes

December 17 2007
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pinksandbaby

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yes LIB... we're in cohoots to take over the world one house at a time. Then, we'll travel to Mars in my spaceship hidden in the silo, I mean shed out back.


Back here on Earth, I'd prefer buyers to contact her directly, not me. The world is not all bad, LIB. You have a child, right? Look in those eyes and see that the world is what you make it, it's not what makes you.
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1 Yes

December 17 2007
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***************************
yes LIB... we're in cohoots to take over the world one house at a time. Then, we'll travel to Mars in my spaceship hidden in the silo, I mean shed out back.
************

Yeah.............I thought that was the case.
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1 Yes

December 17 2007

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