Selling a home "as is"

dragonmom
Thu, 15 Apr 2010 21:19:34 +0000

What a great, and educational thread. Thank you for sharing.
We have moved often and it wasn’t until about the 3rd house that I realized that I was annoying the realtor by already having our financing lined up. As a first-second-third time buyer (and all in our twenties) I thought that was a job I was supposed to do. Then I ran into “Margo” who was all snotty about “So, you don’t trust me to find you the best mortgage?” Well, I really didn’t think she was going to be as careful as I was and chart them all down to the last dollar. It was later that I learned that some unscrupulous realtors made money and took vacations based on “bonus points” from lenders or title agents.

Best forclosure story: We bought a house from a large builder in Houston in the early 80’s. Builder’s salesman lived down the street. Real wheeler-dealer who was buying up other homes as investments - I think they had about 8 before Houston’s economy hit the sheets. When they had to let the first rental go into foreclosure, they quit paying on everything, stripped the house on our street down to the sheetrock and sold everything they had to pay cash for their large rental property. Wife even dug up the azeleas and moved them to their “better” house.