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Comments on: Home buying fun in Evansville, IN- sellers are still greedy even when screwed! http://harvestofdailylife.com/home-buying-fun-in-evansville-in-sellers-are-still-greedy-even-when-screwed/ A southern Illinois family farm- sowing the seed of tomorrow, savoring the fruits of yesterday Fri, 09 Jan 2009 03:50:19 +0000 hourly 1 By: Hyphen Mama http://harvestofdailylife.com/home-buying-fun-in-evansville-in-sellers-are-still-greedy-even-when-screwed/#comment-2842 Fri, 09 Jan 2009 03:50:19 +0000 http://www.harvestofdailylife.com/?p=2040#comment-2842 What might be happening with these people who let their homes go into foreclosure is that if they sell for less that what they’ve got into it and what they owe in loans, they have to take cash to the closing to pay off those loans. Well, they don’t HAVE cash, otherwise they’d have been paying their mortgage payments. Sometimes it’s not a choice at all. It costs them nothing to live in the home as long as the bank will let them, then walk away with a foreclosure. Sure it ruins their credit, but at least it doesn’t cost them money they don’t have.

Personally, I have little sympathy for the banks or the borrowers. I live within my means, which means that I don’t live in my dream home or anything close to being a dream home. I drive an old car that I bought used. Yet, I still get to bail out the banks. My area is FULL of foreclosures on McMansions. I don’t believe those people should get to keep their houses. I think they should get to live in WHAT THEY CAN AFFORD. Just like me.

AND… if you are looking at houses that are also flooding… RUN THE OTHER DIRECTION!! NO MORE MOLD!

Hyphen Mamas last blog post..Driving with the brakes on…

]]> By: witchypoo http://harvestofdailylife.com/home-buying-fun-in-evansville-in-sellers-are-still-greedy-even-when-screwed/#comment-2841 Thu, 08 Jan 2009 21:10:53 +0000 http://www.harvestofdailylife.com/?p=2040#comment-2841 A friend of mine used a buyer’s agent for her last two homes. She swears she saved a bunch.

witchypoos last blog post..Thirteenth Day of Christmas

]]> By: Talina http://harvestofdailylife.com/home-buying-fun-in-evansville-in-sellers-are-still-greedy-even-when-screwed/#comment-2840 Thu, 08 Jan 2009 19:59:55 +0000 http://www.harvestofdailylife.com/?p=2040#comment-2840 In reply to Heidi.

I had no idea the same stuff was happening there. I thought houses would still be selling like hot cakes in your area… Here there are about 8 houses within walking distance from us hat have been for sale at the same ungodly prices since we moved here. Guess what… They aren’t selling. People need to wise up if they actually want to sell their homes.

So how have you been lately?

]]> By: Heidi http://harvestofdailylife.com/home-buying-fun-in-evansville-in-sellers-are-still-greedy-even-when-screwed/#comment-2839 Thu, 08 Jan 2009 19:12:23 +0000 http://www.harvestofdailylife.com/?p=2040#comment-2839 I dont get it either. There is a house down the street from us that was up for sale for about 3 months. They were asking a crazy high number, something that maybe 2 years ago they bought it for, but it just doesnt apply to this economy!!! They actually had 2 low ball offers and they shot them down. Guess what? That was has been repo’d by the bank and is now sitting empty going on 8 months. Horrible. We keep going back to the idea of moving closer to better schools but I just dont think we would get a good sale on our house so we are staying put until things relax a bit…that and a few other reasons LOL! But…it sucks how greedy people are. If you dont want to negotiate and be realistic then dont list your house!

]]> By: Talina http://harvestofdailylife.com/home-buying-fun-in-evansville-in-sellers-are-still-greedy-even-when-screwed/#comment-2838 Wed, 07 Jan 2009 18:20:22 +0000 http://www.harvestofdailylife.com/?p=2040#comment-2838 teeni »

I think we are all a bit divided in tiny ways and that is okay. Bottom line is greed sucks.

I don’t think the lenders are entirely to blame and neither are the borrowers but the greed from both sides got us in to this mess and until it stops being acceptable to be that blatantly greedy things aren’t going to change.

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