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26 Offers. First-Time Home Buyers Are Screwed.


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2013 Jan 17, 10:56pm   18,309 views  57 comments

by donjumpsuit   ➕follow (0)   💰tip   ignore  

http://www.bayarearealestatetrends.com/2013/01/26-offers-first-time-buyers-screwed/

“Tell them to not even bother,” said the listing agent apologetically about my first-time home buyers. “There is simply no way they can compete.”

NIZE

Real Estate is as healthy as ever!

#housing

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55   gregpfielding   2013 Jan 28, 2:53am  

thomaswong.1986 says

pointing to the fact that banks insist on a house being on the MLS for at least a week. Is this true in all states?

god knows what their internal policies are regards listing on MLS..

more like hearsay and speculation.

It's not true of every REO or every bank within California. Some will look at offers right away. Others, like Fannie Mae, often have a window for owner-occupants and then a later window for investors.

56   tatupu70   2013 Jan 28, 3:48am  

Call it Crazy says

Central New Jersey

Where exactly are you looking? I'm in central Jersey and I don't see any...

57   tatupu70   2013 Jan 28, 4:27am  

Call it Crazy says

Apparently, your not looking close enough...


Westfield isn't really central NJ..... I know you're new there... you'll
learn...

You're probably correct. I don't know where North ends and Central begins. On Craigslist, it seems that the area around me is generally listed in Central, but that's probably not the definitive guide I'll admit.

To your point--I'm sure there are people in pre-foreclosure in Jersey, but I don't see many empty houses.

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