Nothing available? Is there still a normally-called "real estate Market"? Hummmmn, very interesting, right?
Can it be fun?
NO!!! it is not funny, it is a Benanke "tyranny" or "predator" market, some said.
Yes!!! a lot of fun, a lot of fortune to be made, ET says.
Well, it all depends the vision you have or the way how you deal with it. Same can be applied to the current political-diplomatic relationship between both sides of Taiwan Strait.
When I watchedd TV showing A Taiwanese student displaying ROC national flag was attacked by mainland student in Korea, I have nothing to say but laughing at those politicans who misled our fellow citizen to fight each others.
****** Part II ******
Subject: This property with 1888 sqft and 1.25 Acre is ours for $20,000---It's final so that we have to deposit in $1,000 tomorrow
Thu, December 17, 2009 3:54:11 PM
From:
ET
To:
Eugene
Party is on; let's have some fun, Okay?
This is the first property we raked in today for $20,000. Consider it is a robbery done onto Chase Bank.
http:www.****.gov/Assessor
In Care Of: Mailing Address: PO BOX ******** ** **** USA Deed #: 0*******Sales Price: n/a Deed Date: */**/2009 Sales Month/Year: n/a
Valuation Information Tax Year: 2010 2009 2008 Full Cash Value (FCV): $92,262 $108,532 $116,908 Limited Property Value (LPV): $92,262 $95,163 $86,512 Notice: The values displayed on this page may not reflect constitutional or statutory adjustments. Legal Class: 3 * * Assessment Ratio: 10.0% 10.0% 10.0% Assessed FCV: $9,226 $10,853 $11,691 Assessed LPV: $9,226 $9,516 $8,651 Property Use Code: Tax Area Code: 900000 900000 900000
It shows the current county assessed value is $92.262 compared to $116,908 in 2008.
Sent: Thu, January 7, 2010 10:37:36 AM Subject: Re: Fw: Merry Christmas!
We're supposed to close on the house that we're selling in February, so unfortunately, we're having to wait until we get paid before we can get another one.
How is your buying going?
From: Sh To: E T Sent: Fri, December 25, 2009 12:17:45 PM Subject: Re: Merry Christmas!
It looks like you found a good first home to buy in ***. The floor plan looks good! Have you been busy lining up people to work with to get the repairs done?
Hope you have a Merry Christmas!
--- On Thu, 12/24/09, E T wrote:
From: E T Subject: Re: Merry Christmas! To: "Sh" Date: Thursday, December 24, 2009, 11:06 AM
Congratulations for the first success!
Enclosed here is an abstract of my email to one of my investor:
Sent: Wednesday, December 30, 2009 6:18:07 PM Subject: RE: prelim and ccr';s (Email Ref=6429***92)
Hi Kim (my agent),
I don’t know what you and your buyer want to do, but let’s do something about this. Attached is the cure period notice for your review.
Let me know how your buyer would like to proceed.
Thank you.
Ru*** (the listing agen).
We proceed. The final result is: The Seller agrees to deposit $170 to make it up to me for a mutual agreed cancellation.
How can it be from the Seller to ask full forfeiture of my deposit of $1,000 to end into the Seller agrees to fully refund the deposit to me and pay me $170 out of his pocket?
Simple, just a reply email to have the Seller admitted his breach of contract. It takes knowledge to address the local law since we have more than 50 different legal systems in USA.
Do you want to see my reply email which leads the Seller surprisingly volunteer paying me extra money with his conscience (I agreed to let him off the hook without asking any liquidation damage)?
Please click on the above link to see the general condition and floor plan of the property and imagine what might be when we fix it up.
This is the first house we bought for $20,000. This house was foreclosed on 12/15/2006 for $153,323 by Washington Mutual Bank.
***
Merry Christmas to you, Steve, and your family,
ET
From: Shanna<sh@yahoo.com> To: E T<et@yahoo.com> Sent: Subject: Merry Christmas!
Merry Christmas! It sounds like you've had a lot going on and lots of offers to make! What did you end up getting?
We have a contract to sell our first house! We'll make about 30% on it, which we're excited about for our first house! We sold it to someone with a lender and not owner financed, since we had to get some money out of our first one in order to do more quickly. We have really enjoyed doing this!
As you know, a seller can ask any price they want. (there are so many cases to see a seller's blindness on ******.cm and many others. I am enclosing herewith one example as follows):
Price Track
Price Reduced: 12/05/08 -- $139,000 to $129,000 Price Reduced: 01/03/09 -- $129,000 to $119,000 Price Reduced: 01/22/09 -- $119,000 to $109,000 Price Reduced: 02/06/09 -- $109,000 to $99,000 Price Reduced: 02/20/09 -- $99,000 to $95,000 Price Reduced: 03/05/09 -- $95,000 to $89,000 Price Reduced: 03/20/09 -- $89,000 to $79,000 Price Reduced: 04/03/09 -- $79,000 to $74,000 Price Reduced: 04/11/09 -- $74,000 to $69,000 Price Reduced: 08/15/09 -- $69,000 to $68,000 Price Reduced: 08/20/09 -- $68,000 to $60,000 Price Reduced: 08/23/09 -- $60,000 to $45,000 Price Reduced: 08/28/09 -- $45,000 to $39,999 Price Increased: 11/20/09 -- $49,999 to $49,999 Price Reduced: 12/02/09 -- $49,999 to $45,000
The subject property has been put on auction blocks at other websites at least twice. With an opening bid a lot of less its listing price, I have NOT seen anybody is willing to make a bid yet (Nobody has interest like me at that price?)
I am bidding on the other 2 properties (one had been put up on auction block 3 times) at your recent onling bidding which closed a few days ago. I don't know how much their true value are. I do know how much I can afford to buy them.
If the seller doesn't like my price, there are some ways to do. Sure, sit tight and be firm on the price is one; it won't hurt me since I don't have to buy it. If the seller can be realistic (hopefully like the New Mexico Seller with a listing price of $225K and accepted a successful bid of $28,250 a few days ago,) then give me what the best and final price they are willing to accept now. I can wait for a realistic price to come later.