Bidding war on houses

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05-23-2018, 11:17
StagLefty

Quote:

Originally Posted by Squeeze

The problem you run into with (ALL) homes is the POS investors who come in with a cash offer and scoop it away before you can even put a bid on it. If you using an FHA loan you will have a lot more leniency.

This is what I've been running into since last August. They scoop them up and put some cosmetic improvements and the cost goes up from there. Of course I'm looking at a much lower numbers market than most of you folks.
05-23-2018, 12:03
Squeeze

Quote:

Originally Posted by StagLefty

This is what I've been running into since last August. They scoop them up and put some cosmetic improvements and the cost goes up from there. Of course I'm looking at a much lower numbers market than most of you folks.

Yep. I cannot express the amount of anger I was feeling when experiencing this. I now lump those people in with the same types as used car salesmen, pawn shop owners, insurance appraisers/claim adjusters, etc.
05-23-2018, 12:57
Jer

Quote:

Originally Posted by Squeeze

Yep. I cannot express the amount of anger I was feeling when experiencing this. I now lump those people in with the same types as used car salesmen, pawn shop owners, insurance appraisers/claim adjusters, etc.

I was in real estate investment over a decade ago and prior to that I was a used car salesman for a brief stint out of high school. I guess we're sworn enemies then.

Point is individuals are more than their profession. I try to approach all people the same way (with a smile, caution and a plan to kill them if things go south) and let them show me if they're a shit head or not.
05-23-2018, 13:18
Irving

Quote:

Originally Posted by Squeeze

Yep. I cannot express the amount of anger I was feeling when experiencing this. I now lump those people in with the same types as used car salesmen, pawn shop owners, insurance appraisers/claim adjusters, etc.

Sounds just like how I hate all clowns, doctors, and astronauts, for all the same reasons.
05-23-2018, 13:38
StagLefty

Quote:

Originally Posted by Irving

Sounds just like how I hate all clowns, doctors, and astronauts, for all the same reasons.

Yeah those damn astronauts [Sarcasm2]
05-23-2018, 14:56
BladesNBarrels

Yep, those astronauts are out of this world!
05-23-2018, 15:36
Squeeze

Quote:

Originally Posted by HBARleatherneck

so, you hate capitalism? you buy kydex, fix it up and sell it for a profit. different? not really.

I see it quite differently. I'm not trying to screw anyone over.
05-23-2018, 16:01
Bailey Guns

Quote:

Originally Posted by Irving

Sounds just like how I hate all clowns, doctors, and astronauts, for all the same reasons.

All right. I'll take one for the team and ask...what are those reasons?
05-23-2018, 16:44
Irving

Quote:

Originally Posted by Bailey Guns

All right. I'll take one for the team and ask...what are those reasons?

I was being facetious because claims adjusters have nothing in common with used car salesmen or pawn shop owners. I was going to make up funny reasons to carry on, but I decided I didn't feel like it today.
05-23-2018, 17:02
Gman

Damn. I was just making a batch of popcorn. [Pop]

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