re: Deleted.

<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!

<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?

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting Fairy [God] Mother ®:</b>" Our old house was listed originally ... [snip!] ... now was sold in 2006 for 338 and is going for 134 now! It's a short sale so I wonder if we can even bring it down anymore.."</blockquote>




Our sellers were very motivated and had a 2nd mortgage and were moving out of state, but the same house when we sold it- (5 years later in a run down economy in the middle of last winter) we listed it at $219 and accepted $203

<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.

<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><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

<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?

<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!

<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.

<blockquote><b>Quoting Fairy [God] Mother ®:</b>" <blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting ... [snip!] ... about that process.."</blockquote> All I know about short sales is that they take a looooooooong time, ironically"</blockquote>




Aug I heard that.. Ha very ironic
About how long does it take to close on a regular sale?

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.

<blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting Fairy [God] Mother ®:</b>" <blockquote><b>Quoting ... [snip!] ... ironically"</blockquote> Aug I heard that.. Ha very ironic About how long does it take to close on a regular sale?"</blockquote>




Our close when we bought and sold was just under a month each time

<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

<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...

<blockquote><b>Quoting Fairy [God] Mother ®:</b>" <blockquote><b>Quoting hαmmers♣inc.:</b>" <blockquote><b>Quoting ... [snip!] ... when we sold it- (5 years later in a run down economy in the middle of last winter) we listed it at $219 and accepted $203"</blockquote>




So it wasn't a short sale or foreclosure? I keep seeing that phrase as well, very MOTIVATED sellers.
Wow you didn't lose much at all! I just can't believe these homes that sold in '05, '06 for double what they are going for now and for what looks like a brand new home!