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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Lenders - Thinking??? Now there is an oxymoron. Posted by JK (the other JK) on May 07, 2010 at 5:14 PM In Reply to: What are these lenders thinking? What policies are they following? posted by Alfred, CA on May 07, 2010 at 12:20 AM : Two properties in LA that I made offers on 4 months ago are STILL unsold and now on the MLS at even HIGHER prices then they originally wanted. : I submitted price reduction packages to both lenders (one a short sale, the other an REO) and I feel that my reasons for a lower price were quite legitimate (illegal additions, etc.), but they couldn't care less and wouldn't come down a whit. : The propertie are still on the market. Bizarre times. So you are surprised that the same guys that made $1.2M loans to people with no down payment, no proof of income, no assets and a history of not paying their bills are now making other nonsensical decisions? Follow Ups: Re: Lenders - Thinking??? Now there is an oxymoron. Lughead 12:37 AM, 05/09/10 (1) $100 down on REOs, what did they learn??? Swan 6:18 AM, 05/29/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Two properties in LA that I made offers on 4 months ago are STILL unsold and now on the MLS at even HIGHER prices then they originally wanted. : : I submitted price reduction packages to both lenders (one a short sale, the other an REO) and I feel that my reasons for a lower price were quite legitimate (illegal additions, etc.), but they couldn't care less and wouldn't come down a whit. : : The propertie are still on the market. Bizarre times. : So you are surprised that the same guys that made $1.2M loans to people with no down payment, no proof of income, no assets and a history of not paying their bills are now making other nonsensical decisions? [ 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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