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03-09-2009, 10:20 AM
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Senior Member
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Join Date: Feb 2007
107 posts, read 76,471 times
Reputation: 24
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I wonder if that 10K they lowered by is what they can actually get the loan for..........
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03-09-2009, 10:40 AM
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Not a member
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Join Date: Jan 2009
Location: Miller Place NY
1,054 posts, read 576,035 times
Reputation: 67
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Quote:
Originally Posted by cottercutie
I wonder if that 10K they lowered by is what they can actually get the loan for..........
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GOOD CATCH !
Or...the real estate agents "take", and maybe the closing costs.
They are trying to make up for SOME expense, SOMEHOW.
This is one way to get it back, but MINUS TEN POINTS, for a frivolous reason !
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03-09-2009, 10:42 AM
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Senior Member
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Join Date: Mar 2007
Location: Island of long
1,585 posts, read 1,048,105 times
Reputation: 177
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^^ To the OP...are you showing your home to everyone or to those who are only approved for a loan?
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03-09-2009, 10:45 AM
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Not a member
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Join Date: Jan 2009
Location: Miller Place NY
1,054 posts, read 576,035 times
Reputation: 67
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Quote:
Originally Posted by rocafeller05
^^ To the OP...are you showing your home to everyone or to those who are only approved for a loan?
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Is this legal ?
We don't want to be violating any "discrimination" laws or something ?
LOTS OF landmines, like this out there !
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03-09-2009, 11:00 AM
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Senior Member
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Join Date: May 2008
215 posts, read 89,168 times
Reputation: 89
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What is something worth?
What someone is willing to pay for it, now, today.
It has been a sellers market and prices have been so insane for so long that some radical adjustment was inevitable.
I think a lot of it has to do with boomers parents finally passing away, and boomers themselves retiring. Both these things lower demand for housing.
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03-09-2009, 11:02 AM
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"Sic transit glorious money"
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Join Date: Jul 2008
Location: NY
1,416 posts, read 867,416 times
Reputation: 365
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Quote:
Originally Posted by longislandmike
Is this legal ?
We don't want to be violating any "discrimination" laws or something ?
LOTS OF landmines, like this out there !
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It's become increasingly common for listings to be shown only to buyers who are pre-APPROVED (not the useless a-monkey-can-get-one-in-15 mins pre-qualification nonsense) for a mortgage.
Why waste everybody's time on the frivolous lookie-loos?
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03-09-2009, 11:18 AM
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Real Estate Agent
Status:
"Leaves... still some left - ugh!"
(set 6 days ago)
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Join Date: Jul 2008
Location: Huntington
2,012 posts, read 934,120 times
Reputation: 505
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Quote:
Originally Posted by totallyfrazzled
It's become increasingly common for listings to be shown only to buyers who are pre-APPROVED (not the useless a-monkey-can-get-one-in-15 mins pre-qualification nonsense) for a mortgage.
Why waste everybody's time on the frivolous lookie-loos?
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Right on!! 
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03-09-2009, 11:28 AM
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Not a member
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Join Date: Jan 2009
Location: Miller Place NY
1,054 posts, read 576,035 times
Reputation: 67
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Quote:
Originally Posted by totallyfrazzled
It's become increasingly common for listings to be shown only to buyers who are pre-APPROVED (not the useless a-monkey-can-get-one-in-15 mins pre-qualification nonsense) for a mortgage.
Why waste everybody's time on the frivolous lookie-loos?
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EXACTLY ! 
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03-09-2009, 12:20 PM
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Senior Member
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Join Date: Jan 2009
998 posts, read 333,563 times
Reputation: 68
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For a seller I think it makes perfect sense to not invite everyone .... but looks like that is the exception, most sellers these days do not mind it.... not sure why !!
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03-09-2009, 01:40 PM
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Real Estate Agent
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Join Date: Aug 2007
Location: East Northport, NY
1,881 posts, read 1,347,510 times
Reputation: 237
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Quote:
Originally Posted by zulu400
For a seller I think it makes perfect sense to not invite everyone .... but looks like that is the exception, most sellers these days do not mind it.... not sure why !!
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Most sellers will not restrict showings only to people with full blown pre-approvals, because most house hunters do not have them. By not allowing people without pre-approvals to view the home, they may be missing out on some very qualified buyers.
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