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Old 07-27-2006, 10:16 PM   #31 (permalink)
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yah you should think it over... RE is a great investment but it's a big step and you never wanna just jump into it. The market is cooling... And I say before you buy...find out how long the average time is for a house to be on the market before it sells.

And I can't stress it enough... but READ EVERYTHING before you sign. I work for a Lender and it's freaking crazy how no body ever reads what they're signing. ....
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Old 07-27-2006, 11:17 PM   #32 (permalink)
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Originally Posted by uhohNumber2brb
Thanks Gardiner.

Are they pretty common or are they used more for certain type of properties (ones that are not in too good of a shape)?
Where I work you mainly see them on bank owned or foreclosed properties.
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Old 07-30-2006, 01:19 AM   #33 (permalink)
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im also in the realty business, if you have any other questions, let me know phelan. gard covered pretty much everything though...
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