So whaddup, Chev? Soil any rolls of toilet paper today?

Naw I got stuck answering a survey and looking for houses..

nope,

A survey and house-hunting, eh? I figured as much.

With as much as you make, I'd think you wouldn't have much in the way of finding a place- I mean with the home prices being so low nowadays, that is.

Here's a suggestion- go to your bank (if they have a home-loan department) and ask if they have a listing of foreclosed homes you can look at. You might find a righteous deal on a bank-owned property that they'd just LOVE to offload as quickly as they can. Banks DO NOT want to have foreclosed properties in their possession, you know?

chev has a new friend

(((Chevy)))

Good idea Moof, I've been looking at them but some are too deep in other problems.. I need a tax write off like nobody's business... LOL

granted moofs on to something, but have to wonder where said foreclosed homes are located

Well... with all this bailout malarkey going on, you might be able to get yourself in-line with some tax credits and write-offs and stuff. The BIG thing is that you might be able to score a place for pennies on the dollar. Of course, there are issues with home insurance and property taxes to contend with, but they shouldn't be too bad in the least.

The thing to look out for when looking at bank-owned properties is the condition of the house- some homeowners let their places go with regard to upkeep and maintenance. While most issues with that stuff are pretty minor, some can be pretty frightening.

{{{princess}}}

they're all over here Rare.. People got into houses they couldn't afford at interest only.. When it comes time for the rate to change they house can go up by $3000 a month... If they refi right now they're told "you bought the house for $600k, you only paid interest the last 3 yrs, now it's worth $400k and if you come up with the $200k difference we'll be happy to refi you.. Oh yeah, did we mention that since sub-prime screwed up everything you'll need a FICO of over 800 or we can't help you"....

Sad but true...

If you were paying attention Beard Slut (), you will have read I said for Prncs to check the mortgage department of her local bank for a listing of foreclosed and bank-owned homes. That way, she can get her claws on a place for pennies on the dollar.

i saw tumbleweedmoof

Yeah. There was some serious bull-honkey goin' on with regard to that whole sub-prime mortgage thing. People were getting screwed left and right on that one.

But yeah- check with your bank and see if they have a list of foreclosed and bank-owned homes. You might be able to find something neato-torpedo for little coin.

the problem is the financing Moof, you have to have well over 800 and 20% down... it's not pretty out there.. I've heard the best deal is directly from the homeowner not wanting to lose their credit so they let you pull it out of default and take over payments..

G'Evening Folks

((((Fire))))

hi fire

whats up in here

Yeah, the financing can be quite the snafu to deal with. Add to that the greed that's still present with the mortgage firms out there- they'll try to add as many points to the deal as they can, and all so they can make THEIR money.

I'd also be leery of the whole "takeover the payments" thing too, as there'll often be things they WON'T tell you about that you'll be saddled with if you take stuff over. So be careful.

Yay!!! It's Fiiiyyyyaaaahhhhh!!!


And OC, too.

(((OC)))