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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: DROP BIDS, Posted by Paul on November 23, 2009 at 10:01 PM In Reply to: Re: DROP BIDS, posted by Bob on November 23, 2009 at 9:33 AM : : Brillant. Now they want to give the homeowner that caused the problem an indirect incentive to make the home worth less so they can reacquire the property at a lowest possible price. Often lenders drop bids based heavily on the poor condition of the property due to deferred maintenance. : Bob The main concern voiced in the article was unreasonable, short notice on dropped bids. The AZ, state statute requires notification of a drop bid prior to 9AM. This has very little to do with less-responsble home owners but rather with trustees who aren't playing by the rules Follow Ups: Re: DROP BIDS, Bob 11:33 PM, 11/23/09 (1) Re: DROP BIDS, Paul 9:32 AM, 11/24/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : : : Brillant. Now they want to give the homeowner that caused the problem an indirect incentive to make the home worth less so they can reacquire the property at a lowest possible price. Often lenders drop bids based heavily on the poor condition of the property due to deferred maintenance. : : Bob : The main concern voiced in the article was unreasonable, short notice on dropped bids. The AZ, state statute requires notification of a drop bid prior to 9AM. This has very little to do with less-responsble home owners but rather with trustees who aren't playing by the rules [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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