tag:blogger.com,1999:blog-4622411633995176328.post8694762698140177567..comments2023-09-29T04:22:59.719-07:00Comments on Average Buyer: Lack of Common Courtesy?Buying Timehttp://www.blogger.com/profile/04651516505789196067noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4622411633995176328.post-86158785347194550002008-04-27T12:26:00.000-07:002008-04-27T12:26:00.000-07:00I think it may have less to do with a lack of cour...I think it may have less to do with a lack of courtesy than a lack of personnel. Sad to say, I think the banks are swamped.G Spot1https://www.blogger.com/profile/09884356085701505055noreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-85136446249284048582008-04-27T06:30:00.000-07:002008-04-27T06:30:00.000-07:00Isn't "bank courtesy" and oxymoron? There was a ti...Isn't "bank courtesy" and oxymoron? There was a time when banks were local, operated and managed by people you see in the supermarket each week. Now days, loans are held by UBS, Bear Stearns, Citi, Countrywide, etc. They have no incentive to be courtesy and have employed people in this housing cycle, to try to maximize their profits ... as always. As a stockholder, that is what I would want to see. As a consumer, it makes me want to boycott them.Paulhttps://www.blogger.com/profile/15634210039124468886noreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-47919330287517515212008-04-27T00:57:00.000-07:002008-04-27T00:57:00.000-07:00I well remember the anxiety of a home purchase/off...I well remember the anxiety of a home purchase/offer. <BR/><BR/>You have my deepest sympathy.<BR/><BR/>I have no idea what the bank is thinking but I suspect you're on the right track with your assumptions. <BR/><BR/>If you're absolutely in love with this house then I hope nobody else highballs you by $1k. <BR/><BR/>If you lose it by a lot, then it wasn't meant for you and another home is still waiting for you to discover it.<BR/><BR/>It seems that buying from a bank can bring enormous savings but can also induce a lot of anxiety. <BR/><BR/>It might be time to recalibrate your expectations if you're going to be bidding on bank owned houses. Bank owned homes don't seem to close in anything less than 6-9 months. That's a lot of stress but also worth it if it means saving $100k+ on the purchase price. Bank owned houses do not act like normal houses FSBO or agent. <BR/><BR/>You seem like nice kids and good people, best wishes and good luck to you, always!Curioushttps://www.blogger.com/profile/11479903622116494945noreply@blogger.com