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Substance Abuse
Real Estate Search....driving me nuts!
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<blockquote data-quote="DDD" data-source="post: 587438" data-attributes="member: 35"><p>Actually Nancy the market isn't really booming although there is an upward trend. Our problem is the low end housing market is HOT due to investors coming in from all over the place scooping up the short sales and foreclosures. Some, albeit <strong>few</strong> of the institutions, are limiting offers to prospective purchasers seeking homes....some will not accept offers for two or three weeks from investors. Bank of America is not one of those. Plus the Sellers (banks and holding co's) are holding all the cards by documenting that they don't have to respond at a specific time, they don't have to accept the highest or best offer, they don't provide acknowledgement of property faults etc. etc. etc. They are held harmless...period! The playing field is not fair. Actually half the time I'm not even sure if there is a field. Sigh.</p><p></p><p>by the way, I hate to be redundant <strong>but</strong><strong> I </strong>newer SA members must be wondering WTH real estate has to do with her adult kid! If they read this post I hope they trust that after a decade or so around here you end up with BFFs who give support when you need it. Lordy, I have really needed it and am grateful for you all. DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 587438, member: 35"] Actually Nancy the market isn't really booming although there is an upward trend. Our problem is the low end housing market is HOT due to investors coming in from all over the place scooping up the short sales and foreclosures. Some, albeit [B]few[/B] of the institutions, are limiting offers to prospective purchasers seeking homes....some will not accept offers for two or three weeks from investors. Bank of America is not one of those. Plus the Sellers (banks and holding co's) are holding all the cards by documenting that they don't have to respond at a specific time, they don't have to accept the highest or best offer, they don't provide acknowledgement of property faults etc. etc. etc. They are held harmless...period! The playing field is not fair. Actually half the time I'm not even sure if there is a field. Sigh. by the way, I hate to be redundant [B]but[/B][B] I [/B]newer SA members must be wondering WTH real estate has to do with her adult kid! If they read this post I hope they trust that after a decade or so around here you end up with BFFs who give support when you need it. Lordy, I have really needed it and am grateful for you all. DDD [/QUOTE]
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