THE OHIO CHAT ROOM!!!

Marlon_JBT · **Posted:** Wed Jan 30, 2013 2:58 pm

Well here's my update:

Lender asked seller for more info.
Seller gave lender information quickly.
Their document is back under review, should be re-reviewing the file within 7 days.
Then the lender will order a Broker's Price Opinion...

I guess after the BPO is when the real action starts?

Hart, help.

OT Comment: Why are some people telling me that people can buy their short sale back!? Ugh, it amazes me how ignorant others are!

BugginKJ · **Joined:** Mon Jul 06, 2009 7:35 pm **Posts:** 4576

Marlon_JBT wrote:

Well here's my update:

Lender asked seller for more info.
Seller gave lender information quickly.
Their document is back under review, should be re-reviewing the file within 7 days.
Then the lender will order a Broker's Price Opinion...

I guess after the BPO is when the real action starts?

Hart, help.

OT Comment: Why is everyone telling me that people can buy their short sale back!? Ugh, it amazes me how ignorant some people are!

I haven't heard of BPO.
Mine went this way. I looked and inspected, gave offer to bank/seller, bank counter offered, I excepted and signed paperwork, ordered my own inspection, notified bank of MUST repair items regardless of short sale, repairs made by seller, sent out appraiser, appraiser sent bank list of needed repairs (peeling paint), seller fixed paint, appriser going back out for final approval of said repair, set closing date.

BugginKJ · **Joined:** Mon Jul 06, 2009 7:35 pm **Posts:** 4576

All my tail chasing and nail biting is somewhat subsided now :pepper:

Just heard from assistant of mortgage dude while typing above.............appraiser signed off on final repairs!!!!! :pepper:

Should be good to go for the 7th according to assistant !!!! YIIIIIIIIIIIIIIIIIIIIPPPPPPPPPPPPPPYYYYYYYYYYYYYYYYYYYY!!!!!!!!!!!!!!!
:pepper:

Marlon_JBT · **Posted:** Wed Jan 30, 2013 5:22 pm

BugginKJ wrote:

Marlon_JBT wrote:

Well here's my update:

Lender asked seller for more info.
Seller gave lender information quickly.
Their document is back under review, should be re-reviewing the file within 7 days.
Then the lender will order a Broker's Price Opinion...

I guess after the BPO is when the real action starts?

Hart, help.

OT Comment: Why is everyone telling me that people can buy their short sale back!? Ugh, it amazes me how ignorant some people are!

I haven't heard of BPO.
Mine went this way. I looked and inspected, gave offer to bank/seller, bank counter offered, I excepted and signed paperwork, ordered my own inspection, notified bank of MUST repair items regardless of short sale, repairs made by seller, sent out appraiser, appraiser sent bank list of needed repairs (peeling paint), seller fixed paint, appriser going back out for final approval of said repair, set closing date.

There may have already been a BPO on your house in the past... but I have been told every short sale has to have a BPO. Mine hasn't had one yet.

Trust me, it'll come right in line with the extremely cheap offer I gave.

Marlon_JBT · **Posted:** Wed Jan 30, 2013 7:03 pm

Garage Door: $519
Garage Door opener: $198
Front and Rear entrance doors: $184 each.

This whole home improvement thing is going to be much cheaper than I thought.

Megalos · **Posted:** Wed Jan 30, 2013 7:16 pm

Man...half the reason I don't start shopping for a new house is all the bs and paperwork. The other half is the money.

Marlon_JBT · **Posted:** Wed Jan 30, 2013 7:18 pm

I haven't even gotten to the major paperwork yet but I'm already sick of the BS. I've signed way too many papers already.

tommudd · **Posted:** Wed Jan 30, 2013 7:22 pm

Marlon_JBT wrote:

Garage Door: $519
Garage Door opener: $198
Front and Rear entrance doors: $184 each.

This whole home improvement thing is going to be much cheaper than I thought.

First time I ever heard anyone say that before! :wink:

Just don't cheap out on doors

tommudd · **Posted:** Wed Jan 30, 2013 7:24 pm

Marlon_JBT wrote:

I haven't even gotten to the major paperwork yet but I'm already sick of the BS. I've signed way too many papers already.

paperwork wasn't bad on mine, the waiting was the worst
well and the previous owner storming out during the signing since he thought he was going to get a big check but forgot what all he agreed to! :ROTFL:

Marlon_JBT · **Posted:** Wed Jan 30, 2013 7:33 pm

tommudd wrote:

Marlon_JBT wrote:

Garage Door: $519
Garage Door opener: $198
Front and Rear entrance doors: $184 each.

This whole home improvement thing is going to be much cheaper than I thought.

First time I ever heard anyone say that before! :wink:

Just don't cheap out on doors

Is that too cheap of a door? I mean I can't justify spending $700 on a door.

teckman02 · **Posted:** Wed Jan 30, 2013 7:36 pm

Marlon_JBT wrote:

Garage Door: $519
Garage Door opener: $198
Front and Rear entrance doors: $184 each.

This whole home improvement thing is going to be much cheaper than I thought.

marlon you keep telling yourself that. you have no idea what could come up

Marlon_JBT · **Posted:** Wed Jan 30, 2013 7:44 pm

teckman02 wrote:

Marlon_JBT wrote:

Garage Door: $519
Garage Door opener: $198
Front and Rear entrance doors: $184 each.

This whole home improvement thing is going to be much cheaper than I thought.

marlon you keep telling yourself that. you have no idea what could come up

Listen, I didn't know much about any of this, but you are talking to someone who thought a garage door was $1500, installation not included.

Just saying, so you know where my mind was before.

tommudd · **Posted:** Wed Jan 30, 2013 8:18 pm

Just make sure you get quality doors and also hardware ( locks/door knobs/etc )
easier in two three years if you have an issue and bought better since you'll still be able to get parts.
Some door companies and such are here today gone tomorrow you know.

BugginKJ · **Joined:** Mon Jul 06, 2009 7:35 pm **Posts:** 4576

Marlon_JBT wrote:

BugginKJ wrote:

Marlon_JBT wrote:

Well here's my update:

Lender asked seller for more info.
Seller gave lender information quickly.
Their document is back under review, should be re-reviewing the file within 7 days.
Then the lender will order a Broker's Price Opinion...

I guess after the BPO is when the real action starts?

Hart, help.

OT Comment: Why is everyone telling me that people can buy their short sale back!? Ugh, it amazes me how ignorant some people are!

I haven't heard of BPO.
Mine went this way. I looked and inspected, gave offer to bank/seller, bank counter offered, I excepted and signed paperwork, ordered my own inspection, notified bank of MUST repair items regardless of short sale, repairs made by seller, sent out appraiser, appraiser sent bank list of needed repairs (peeling paint), seller fixed paint, appriser going back out for final approval of said repair, set closing date.

There may have already been a BPO on your house in the past... but I have been told every short sale has to have a BPO. Mine hasn't had one yet.

Trust me, it'll come right in line with the extremely cheap offer I gave.

I know the house was appraised by the city back in October, so I took advantage of public info and offered only $500 above appraised value.

Marlon_JBT wrote:

tommudd wrote:

Marlon_JBT wrote:

Garage Door: $519
Garage Door opener: $198
Front and Rear entrance doors: $184 each.

This whole home improvement thing is going to be much cheaper than I thought.

First time I ever heard anyone say that before! :wink:

Just don't cheap out on doors

Is that too cheap of a door? I mean I can't justify spending $700 on a door.

So the grand I am looking at for a front door only must be nuts for ya? :ROTFL:

Don't forget about the side door also. I don't "need" to replace them just yet but am looking to upgrade and make it my own.
Trust me and what Tom also says, ya do get what ya pay for. Look at the Pella line of products, their higher end doors and windows are great. Also don't forget I did doors and windows along with home improvement for a short time which was a MAJOR eye opener as to what is offered out there. Not to mention I grew up in a constant "home improvement" zone rebuilding 2 houses with my Father as I grew up.

tommudd wrote:

Marlon_JBT wrote:

I haven't even gotten to the major paperwork yet but I'm already sick of the BS. I've signed way too many papers already.

paperwork wasn't bad on mine, the waiting was the worst
well and the previous owner storming out during the signing since he thought he was going to get a big check but forgot what all he agreed to! :ROTFL:

Paper work on buying a home now is worse now than ever. Thanks to the gooberment and the crash with over lending to folks that couldn't afford a snickers bar let alone a $200,000 house :banghead:

BugginKJ · **Joined:** Mon Jul 06, 2009 7:35 pm **Posts:** 4576

Marlon_JBT wrote:

Trust me, it'll come right in line with the extremely cheap offer I gave.

I also forgot to add, my offer and then their counter offer that I accepted is still WAY below what they wanted for the place. Both my inspector and the appraiser is very floored with what I am stealing this place for :pepper:

. As it sits now I could do some minor work and flip this place for MAJOR profit once the market wakes up a tiny bit :pepper:

tommudd · **Posted:** Thu Jan 31, 2013 5:25 pm

Been thinking, when my wife and Step son get over here I'll be needing more room when going down home. Since I have to take my parents places that means 5 people in the KJ
so I need more room.
I'm thinking one of these with a nice camper on the back of it should work well for our travels
Duramax Diesel, 4 wheel drive, 19,500 GVW, Automatic, Air Conditioning, Tilt Wheel, Cruise Control, Power Windows, Locks & Mirrors...( should show 6 wheel drive ha ha ) can seat 8 currently but would replace the second row of seating with two more bucket seats, fold down couch in the very back

with this

or this

Marlon_JBT · **Posted:** Thu Jan 31, 2013 7:44 pm

OK so I'm sick of eating out. From now until closing, I'll just unplug the fridge when cooking.

Ted15 · **Posted:** Thu Jan 31, 2013 8:00 pm

tommudd wrote:

Been thinking, when my wife and Step son get over here I'll be needing more room when going down home. Since I have to take my parents places that means 5 people in the KJ
so I need more room.
I'm thinking one of these with a nice camper on the back of it should work well for our travels
Duramax Diesel, 4 wheel drive, 19,500 GVW, Automatic, Air Conditioning, Tilt Wheel, Cruise Control, Power Windows, Locks & Mirrors...( should show 6 wheel drive ha ha ) can seat 8 currently but would replace the second row of seating with two more bucket seats, fold down couch in the very back

with this

I
or this

Wow

Why don't you just pick up a nice motor home and a flatbed to haul the KJ. :jester:

Megalos · **Posted:** Thu Jan 31, 2013 8:03 pm

Wearing shorts and a t-shirt one day...parka and longjohns the next. Welcome to Ohio weather...don't like it? Give it a day and it'll change completely.

Ted15 · **Posted:** Thu Jan 31, 2013 8:32 pm

Megalos wrote:

Wearing shorts and a t-shirt one day...parka and longjohns the next. Welcome to Ohio weather...don't like it? Give it a day and it'll change completely.

Is it snowing there?

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