Comments on: Weekend Linkage – January 24, 2010 http://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-january-24-2010/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-january-24-2010/#comment-61819 Sun Wed, 27 Jan 2010 04:27:22 +0000 http://www.thesunsfinancialdiary.com/?p=4538#comment-61819 Well, cash offer does make things easier and transactions faster. Since this is a short sale, the bank will have the final say on whether to let the sale go ahead or not. Since there may be about $300K difference between the loan and the sale price, the transaction may not go through after all. The price is good with short sales, but there are a lot of uncertainties. Well, cash offer does make things easier and transactions faster. Since this is a short sale, the bank will have the final say on whether to let the sale go ahead or not. Since there may be about $300K difference between the loan and the sale price, the transaction may not go through after all. The price is good with short sales, but there are a lot of uncertainties.

]]> By: Financial Samuraihttp://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-january-24-2010/#comment-61818 Financial Samurai Wed, 27 Jan 2010 04:19:03 +0000 http://www.thesunsfinancialdiary.com/?p=4538#comment-61818 That's weird Sun. If I'm the seller, whether I get cash from you, or cash from the bank is the same thing!That's one dumb seller. Unless the seller was the bank, and they were sick of dealing with flakes. That’s weird Sun. If I’m the seller, whether I get cash from you, or cash from the bank is the same thing!

That’s one dumb seller. Unless the seller was the bank, and they were sick of dealing with flakes.

]]> By: Sunhttp://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-january-24-2010/#comment-61817 Sun Wed, 27 Jan 2010 04:06:07 +0000 http://www.thesunsfinancialdiary.com/?p=4538#comment-61817 We didn't get it. Even though our offered price is higher and we plan to put 30% down payment with no other contingency, the owner decided to go with a cash offer at the listed price :( Can't beat cash nowadays, even though I don't think we have any problem getting the loan. We didn’t get it. Even though our offered price is higher and we plan to put 30% down payment with no other contingency, the owner decided to go with a cash offer at the listed price :( Can’t beat cash nowadays, even though I don’t think we have any problem getting the loan.

]]> By: Financial Samuraihttp://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-january-24-2010/#comment-61816 Financial Samurai Wed, 27 Jan 2010 03:56:17 +0000 http://www.thesunsfinancialdiary.com/?p=4538#comment-61816 Sun, how did it go?! Sun, how did it go?!

]]> By: Mrs. Moneyhttp://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-january-24-2010/#comment-61809 Mrs. Money Wed, 27 Jan 2010 02:02:42 +0000 http://www.thesunsfinancialdiary.com/?p=4538#comment-61809 Congrats! That is so exciting! Congrats! That is so exciting!

]]>