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Re: [OM] They say it is the bottom of the real-estate market

Subject: Re: [OM] They say it is the bottom of the real-estate market
From: "Chris Trask" <christrask@xxxxxxxxxxxxx>
Date: Thu, 19 Jul 2012 10:51:49 -0700
>
> If so, just maybe I won't lose my shirt on this house.
> 
> Just got back a couple minutes ago from the closing. I now own a
> darkroom with a house attached.
> 
> All said and done, throughout the entire process, I signed my name no
> less than 120 times. The regulatory changes since the housing collapse
> has turned this into an absolute nightmare.
> 
> Timing is everything... The house we're renting is entering
> foreclosure, the tornado damage not repaired (bank swallowed up the
> insurance check, so no repairs possible--that hole in the roof will do
> wonders...). I suspect that we're within days of getting our eviction
> notice from the bank. Within the week after we got our offer accepted,
> two other parties tried to place offers. Since the tornado, there are
> no available rental properties anywhere near the town. Nada. Zilch.
> 
> I wouldn't ask my list buddies to help me move, though.
> 

    Sounds like you make a smoking deal.  Congratulations.

Chris
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