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Old 07-11-2008, 02:03 PM
 
3,283 posts, read 4,758,589 times
Reputation: 753

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Anyone reading this ever tried to offer on a short sale or REO?

if you have you will know that they are definitely not in any rush to liquidate any of their costly, devaluing assets!

Last edited by 58robbo; 07-11-2008 at 03:06 PM..
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Old 07-11-2008, 03:02 PM
 
Location: Olympus Mons, Mars
6,328 posts, read 9,116,230 times
Reputation: 6691
yeah...these were the same people who gave loans to people with the only criteria being that they had a pulse and are now shocked that they are defaulting left and right. These are not very smart people...just greedy! Their greed is their biggest enemy!
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Old 07-11-2008, 03:25 PM
 
Location: Great State of Texas
86,068 posts, read 74,795,340 times
Reputation: 27602
They still have those loans available..just go over to the Mortgage forum and read about them. With the loopholes still in place you can get a mortgage with nothing down.
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