Looking for a home is too much work. I want to throw in the towel after making my first offer. They say the market is prime and there are good deals to be had. I disagree. Everything (8 out of 10 homes) are in short sell. I am avoiding short sells. I don't want to waste four months on a property only to find out that the bank really doesn't want to negotiate. So this leaves me pickings rather slim.
Finally, after a month or so of serious looking, I found a great property. It needs LOTS of work. But hey, it is a foreclosure, and in this market the bank should be willing to negotiate. At least that is what all the experts say.
I found the one property owned by a bank that didn't get the memo. What is worse is they want about 30K more for a property than it really is worth. Sure... after I drop 20K or so into it... it would be worth that amount. But I am not going to pay out of pocket to placate some man with his books.
So kids, moral of this story... house hunting BLOWS!
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