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The thing is, you cannot predict who will move into your neighborhood. It could be nice and tidy and quiet when you move in until the problem family moves in a few years later.
We had a contingent contract on our house for the past 4 months. The "buyers" have decided not to renew the contract. We are fortunate not to be in the position of having to sell our house. We would just like to sell it. But, because the market is so bad and housing values are plummeting. I wonder if we should just stick with what we have and make improvements on it. Is there anyone else in my position deciding that it is just better to stay with your current house?
I'm sorry Tj125tj. We had to do the same the a few months ago after having had the house on the market for more than a year. Luckily, we weren't one of the ones who have to sell. I've now reconciled myself with staying in this house permanently. At least, we have a fixed 30yr loan and are definitely sure that we can afford the payments.
That's really odd. My agent (i've taken my house off of the market) told me that banks would not allow inspections on foreclosed homes and you are not allowed to inspect "as is" homes. I thought it sounded like BS.
Anyone know how Bank Owned Properties
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