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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 27 Apr 2005 19:20:46 GMT
/ Author of the message: "Tyrone" |
Title of the message: |
Re: Trying to buy Foreclosure
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Text of the message: |
"R.Weber" <schink@earthlink.net> wrote in message news:0aObe.83$HL2.22@newsread3.news.pas.earthlink.net... > My wife and I have made two offers on a foreclosure to buy it as-is. The > listing agent handling the sale says that the seller wants to make repairs > before selling. The home is owned by FHLMC and being sold through their > Homesteps program. Estimates to repair are a minimum of $30k. We have > offered them $25k less than their "after-repair" price to buy the house > as-is. This could save the seller at least 5K and all of the > inconveniences/delays/expenses of repairing it. I've been told by a number > of people that the last thing Freddie Mac wants to do is repair homes and > that they would give their best as-is cash price. > Any thoughts as to why they are insisting on repairing this home before > selling it? > Regards, > Robin > > |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.