Spotted - built white 80 in CM parked on residential street

[gon2srf]

All of the buyers that I'm working with are looking at anything that's on the market, including REOs. Inventory is very tight right now. For the most part, REOs are the best deal and the most viable purchase (as opposed to short sales) so the majority of our transactions so far this year have been REO. Not too many speculators out there since there's too much risk involved in trying to flip property and financing for investors is non-existant unless you have at least 25% down so it's tough even for the long term hold.

Thanks for the update. I've been a real estate lender since 78', definitely understand the inventory statement. Several of my neighbors have given up selling and rented thier places. I live in a small gated community and we've had no rentals for 13 years, now we have four in just the last twelve months. If you ever need another lenders opinion or help, feel free to pm me.

Good luck out there.

 

[Slomo]

You gots to love the 37s.

Tare I still don't know how you sat on those 37" Krawlers and beadlocked AREs for so long without mounting them up. You have way more patience than me. I want to see how those babies work in the rocks. We need to get out.