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Author Topic: >>>>Million Dollar Monster Home -ShortS or Suggestions  (Read 9207 times)

Offline bizarrefun

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Re: >>>>Million Dollar Monster Home -ShortS or Suggestions
« Reply #15 on: June 26, 2007, 09:49:43 am »
whatever way you guys want to dice it up it will still be a pre-foreclosure,,,,,,,,the bank may agree to something,,unless the owner gets more $$$$$ it WILL EVENTUALLY BE A FORECLOSURE,,,,,

p.s. no sane EXPERIENCED person (buyer/investor) will buy this specific property in this market.......wait 6-12 months and pick up for peanuts,,,,,,,,,,,,,thats why i say know your neighborhood/city/state!!!!  the comps for this neighborhood will fall....it will happen...whether u like my posts or not,,,they are reality!!!!!!!!!!

btw, i believe in helping others but some things need to work themselves out without my interference...."help your neighbors but keep out of their affairs!!!!!!!!!"


my 2 cents

Robert A. Doncaster, Jr.
Import/Export Entrepreneur & Investor
*** DO YOUR HOMEWORK ***

Chicago Illinois USA
& sometimes Salzburg, Austria


« Last Edit: June 26, 2007, 10:02:52 am by bizarrefun »
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It's A Short Time From The Cradle To The Grave!!!

Offline Rich_in_CT

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Re: >>>>Million Dollar Monster Home -ShortS or Suggestions
« Reply #16 on: June 26, 2007, 12:50:57 pm »
I wouldn't bother with a shortsale in this market.  When the market goes south the million dollar homes don't move for beans. 

To the o/p:  Have you considered giving the bank the deed in leiu of foreclosure?

Offline Love2Invest

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Re: >>>>Million Dollar Monster Home -ShortS or Suggestions
« Reply #17 on: July 09, 2007, 08:59:47 pm »
great advice! 

Offline joker

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Re: >>>>Million Dollar Monster Home -ShortS or Suggestions
« Reply #18 on: July 09, 2007, 11:08:02 pm »
bizarrefun is very correct in all that he has said. To much risk in such a bad market = nogo

 




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