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September 7th, 2006, 02:24 PM
#31
Inactive Member
It will definitly be worth it in the end!
And really, you didn't low-ball them that bad. When I suggested offering $60K I was being conservative, that's a VERY reasonable offer, and their eventual counter of $64K - which if it's any higher then $64K keep the back and forth going - is completly fair, and only $6K, or less then 10% less then their asking price. If the appraisal came back $84, then the 2 times the SEV (State Equalized Value - 1/2 of what the state thinks your house is worth and bases your taxes on) should be somewhere around $65K - $68K.
Had this been a house that I was bidding on at this point in my life I'd have gone to them with an offer of about $50K.....now THAT'S low balling!
And think of it this way. Assuming you get the house for $64K, you've built $20K in equity the minute after you sign the last paper.
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September 7th, 2006, 07:35 PM
#32
HB Forum Owner
Rejected...no counter...and they were supposedly showing the house to someone else today. I'm not done yet, dammit! My thoughts are to wait until next week or until we get some other things lined up, and then throw out a higher number if it's still available. Otherwise, I don't think plan B has moved an inch, and this other place we're going to see could become plan C. Even the rejection came as something of a relief, but I'm still going nuts here. I owe you guys for all this help. [img]redface.gif[/img]
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September 12th, 2006, 12:50 AM
#33
HB Forum Owner
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September 12th, 2006, 01:20 PM
#34
Inactive Member
Damn! My companies content filter is blocking the house pictures...says the picplace site is pornography.
Nos, I'm replying to your email now, but I really want to see what the house looks like too, I guess I'll have to wait to get home tonight for that.....
The one big thing I want to say is "CALM DOWN!! and tell the wife to chill too!" There is ALWAYS another interested party....ALWAYS.
OK, lemme get back to your email.......
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September 12th, 2006, 01:38 PM
#35
HB Forum Owner
Porn? Maybe your filters got offended by my fake vanity tag in the last shot. [img]tongue.gif[/img]
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September 12th, 2006, 04:33 PM
#36
HB Forum Owner
Got it. Thanks!
Lots more to think about... [img]eek.gif[/img]
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September 12th, 2006, 06:13 PM
#37
Inactive Member
Nos
I just sent you another email! This bank dude is trying to bullshit a bullshitter and I almost didn't see it!!
That sunuvabitch!!!!
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September 12th, 2006, 08:47 PM
#38
HB Forum Owner
Replied.
You may be right, but give that a read before I go tell him to eat worms!
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September 13th, 2006, 03:31 AM
#39
Inactive Member
OK, I just sent you a reply to your email....sorry it took so long, but it was more then 3 pages.
I hope it came out at least mostly cohesive and understandable.....
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September 19th, 2006, 04:31 PM
#40
Inactive Member
congrats!!! [img]graemlins/thumbs_up.gif[/img]
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