Tuesday, March 02, 2004

My prospect

Well, the bank who owns the property I made the $37,500.00 offer on just called me and said no thanks. They countered at $65,000.00. Being that it's listed at $68,700.00 that tells me that they're not serious about selling it. The damned thing's aready been on the market for a half year and they're still hoping for a "greater fool" to come along and buy it. Even if that happens, though, they'll still be screwed because there's no way in hell that that property will pass FHA muster with a slab that out of level. Jeez. Banks can be really stupid. The only buyer who would pay that much for a house like that - in that condition - would be someone who's just going to slap some fresh paint on it and rent it out. And there's no way in hell that guy will pay their price either!

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