You Will NOT Believe This
#71
Originally Posted by MsPerky,May 30 2008, 07:34 AM
^ New Bern is where my niece lives. I love that area and grew up spending lots of time there. There are condos in New Bern that I've been keeping an eye on, right on river next to the Sheraton.
I'll let you know how we do.
#73
Originally Posted by Zippy,May 30 2008, 08:02 AM
The only problem is that banks are very relectant to lend to even the the best risks. It is great now if you have cash.
#74
part of the problem was the capitol markets were awash in cash coming out of 2000.
This was why so many were willing to invest in marginal opportunities.
A huge market contraction by lost income has gone a long way to 'correcting' that condition.
This was why so many were willing to invest in marginal opportunities.
A huge market contraction by lost income has gone a long way to 'correcting' that condition.
#75
For PokS2k and anybody else thinking of investing on the east coast, I would like to plug a house for sale on Carolina Beach, NC. just 6 blocks fom the ocean. It's belongs to my sister and her husband. It's 4 bedrooms, 4 bathrooms, 2 story, and the downstairs has it's own kitchen, separate heat and a/c, so it can be rented out. Built in 1999 and 1944 sq. ft. it is on the market for $378K, which is down 100K with the market decllne. You can post here or PM me for more info. Thank you and forgive the commercial.
#76
Well, I just recieved a request for a release from the contract so this deal is toast. I have also had a consultation from another appraiser who looked at the appraisers report and suggested I file a complaint with the appraisal board because of what this has cost me. He said the guy used a figure of $10/sq. foot to value the improvements, which he said he hasn't used for years. Has anyone filed such a complaint?
#78
Carmen...try this:
http://www.com.state.oh.us/real/appmain.htm
At the bottom of the page, you'll see a link to How to File a Complaint.
http://www.com.state.oh.us/real/appmain.htm
At the bottom of the page, you'll see a link to How to File a Complaint.
#79
Originally Posted by MsPerky,Jun 5 2008, 08:37 AM
Carmen...try this:
http://www.com.state.oh.us/real/appmain.htm
At the bottom of the page, you'll see a link to How to File a Complaint.
http://www.com.state.oh.us/real/appmain.htm
At the bottom of the page, you'll see a link to How to File a Complaint.
#80
I know you think your realtor is great but I was with one two days ago looking at a cottage. He got a cell call saying an appraisal had come in $15k/$20k low - his reply, "Don't worry about it; we can fix that." I didn't ask how.