Now we have “core inflation†which excludes food and energy, aren’t those two things that affect people the most?

Based on the numbers of FMV ($530K) and the your end-buyer sales price of ($500K) plus the IRS and second lien holders, comissions, and closing costs, you will not likely be able to make enough profit if they do not accept your original offer or at least close to it

I WAS BUYING FOOD THE OTHER DAY AT THE COUNTRY MARKET.

"Sold for costs" end up as REO; "sold to third party" can sometimes end up as REO too (when a junior lien holder put in a bid to cover debt owed to him, and ended up highest bidder).

Hi all,I wanted to get some clarity on the first and second mortgage holders on a property I have been keeping an eye on recently.The first position mortgage company has sued and gotten the property back via court.

I read somewhere that the mortgage holder must "give a written guarantee to release the property from the mortgage at a stipulated mortgage release price".

I've got a feeling that if we didn't give them housing, food, healthcare, or money for being lazy, they might at least make one good decision - to GET A JOB!

If you are making a very low offer and want your price, you need to have less contingency time.Just food for thought.

....brings back memories...eating great food at Consuelo's, spending the afternoon at the wharf, and attending the Jazz Fesitval.

People couldn't buy food, and they wanted the gravel to look nice...Ofgift