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Author Topic: [CLOSED] [WTB] House in Indiana (2+ acres, 2BR, 1Bath, secluded area, <$25k)  (Read 2120 times)
SgtSpike
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June 29, 2012, 06:23:57 PM
 #21

I wish I had some money to put into a Detroit subdivision or two.  Would be an awesome investment IMO, since you can buy some of the houses for < $5k.

Interesting how cheap housing is in those central states though.  Heck, cheaper than a car in a lot of instances!  Weird...

Around here, the only thing that $25k will buy you is a trailer-trash mobile home on rented property.  The cheapest piece of land (with nothing on it) would start around $40k!
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AndrewBUD
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I will Squirt you with this sprinkler :)


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July 01, 2012, 01:03:51 PM
 #22

same around here...


Most empty land around here on the river is about $100-500k just for the land Tongue
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July 01, 2012, 05:37:53 PM
 #23

Kluge, have you taken my pm into consideration? Or any results on it?
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July 01, 2012, 06:10:01 PM
 #24

Kluge, have you taken my pm into consideration? Or any results on it?
Yeah, sorry for never replying. We've been looking at foreclosures since the beginning - even short sales.

I broke down and sent a contact request to my CU. Credit score's pretty decent (even with maxing out 0% APY credit cards), I have a fair sum with them, and have been a customer for years, so maybe I can lure them into giving me a now-elusive no-doc loan.

Don't mix your coins someone said isn't legal
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July 01, 2012, 07:26:26 PM
 #25

Kluge, have you taken my pm into consideration? Or any results on it?
Yeah, sorry for never replying. We've been looking at foreclosures since the beginning - even short sales.

I broke down and sent a contact request to my CU. Credit score's pretty decent (even with maxing out 0% APY credit cards), I have a fair sum with them, and have been a customer for years, so maybe I can lure them into giving me a now-elusive no-doc loan.

Np at all. Cool, hope you and your girl find a good place for a good price. Good luck to you two.
Kluge
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July 03, 2012, 12:27:11 PM
 #26

Kluge, have you taken my pm into consideration? Or any results on it?
Yeah, sorry for never replying. We've been looking at foreclosures since the beginning - even short sales.

I broke down and sent a contact request to my CU. Credit score's pretty decent (even with maxing out 0% APY credit cards), I have a fair sum with them, and have been a customer for years, so maybe I can lure them into giving me a now-elusive no-doc loan.
CU, unsurprisingly, denied request for a no-doc. Still a bit disappointed.

Next method of attack is to try routing around realtors and their bureaucratic methods to contact sellers directly for informal owner financing. Use gov't records to find owner, search for owner contact info on Internet, see if they'd be willing to do such a thing, then go from there.

Another offer was made on our house in Erie, but it doesn't appear serious (has a bunch of contingencies, very low deposit, and very low offer) and the guy seems insane (insisted he's talked with us, which he hasn't, and scribbled out some stuff he marked on the offer).

ETA: Looks like I may've found a winner in Upland. Cheap, foreclosed duplex in a college town. Couldn't really ask for anything better. Scheduled to see it mid-Thursday.

Don't mix your coins someone said isn't legal
Kluge
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July 04, 2012, 03:20:05 PM
 #27

Another offer was made on our house in Erie
<.< >.>

He made a revised, much more fair offer, this morning, even though we didn't formally reply to his last one, yet.

Mike - if you're on here, I can't tell you where we hid all the pre-82 pennies without knowing who you are.  Tongue


(taking down offer for now -- coincidentally found a fantastic place about 10 minutes away yesterday which I'd have to bother family for a loan to grab["Not taking our granddaughter 3 hours away subsidy"], which I may not even need, now.)

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