October 2009 Weddings
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Short Sales
To those of you who purchased short sales, how much did you offer compared to LP? (LP, LP + %, LP - %) Just curious. Please spare me the agony of waiting and the misery of losing billion times before scoring 
. I'm trying to decide if I even want to bother looking at two houses IRL that I like based on drive-by's and pics.
. I'm trying to decide if I even want to bother looking at two houses IRL that I like based on drive-by's and pics. Matt loves Munkii!!!
Re: Short Sales
The first time we saw ours, it was $30k higher. There was an offer, and it was taken off the market. Deal fell through, and a few months later it was back on the market, for much less. Our offer was for the asking price. We then began the 6 month hellish wait for the offer to be accepted by TWO banks. It was a labor of love. We continued to look, but the location was priceless. If you decide to go for it, LMK. I'll help keep you sane through the wait.
Bottom line? Go for it if you REALLY love the house. If it's a 'like' not 'love', don't put yourself through it. I seriously aged 5 years, and we are NEVER moving again.
The short sale thing here is a real POA. What they do is list a house for a crazy cheap price. You put in a bid. Then everyone gets a call to their agent saying we need your best possible offer by this date. The final price goes up substantially! My daughter got involved in one. The initial price was 119,000 for a house in a neighborhood where homes generally run 180 to 220. Heather was blissful and they put in an offer for full list price. They get the call back like above, and put in an offer up to their top price, which was 150,000. It sold for 170,000.
I don't like it. It gets people in there to look at a house that they can't possibly afford to play a game. Then, the other stuff they look at in their price range doesn't look near as nice. They found a house, but it took her weeks to get over comparing.
We also have the short sale wait here. I have a friend who's son is in his 8th month waiting. There is NO excuse for that.
See, I would like to hope realtors/sellers aren't setting the prices artificially low to try to bring people in, but I realize it happens. I'm afraid that's what's going on with one of the houses I'm eying now: the other 2 houses for sale in the neighborhood are listed at 245 and 299, and other houses in the neighborhood appraise around 400. The LP for the SS house is a smidge under 150, but its a complete disaster (needs A LOT of work). So, is it artificially low or right on based on the disaster it is?
When I asked DH how much over LP he'd be willing to offer, I thought he was going to have a heart attack. Which means I don't even know if I can get him to agree to step foot in it. The other SS isn't this crazy, but I like the other better!