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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (64144)6/20/2006 9:58:05 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
If you decide to proceed with a reservation, please note that a reservation deposit is required: $10,000 for a purchase price under $750,000 and $20,000 for a purchase price over $ 750,000. This deposit is fully refundable in the event you decide to cancel your non-binding reservation agreement.

i guess if they can't even keep your deposit then those "reservations" have no meaning.



To: russwinter who wrote (64144)6/20/2006 12:09:32 PM
From: loantech  Respond to of 110194
 
Russ thank you for the informative reply. I guess that it will eventually come down to supply and demand and we will see lower prices.

My wife works for a highly respected commercial appraisal firm downtown Portland.All of the appraisers say the units are way over priced.

Time will tell the story.

I hope with owing 500K or more the buyers do not ARM's or neg am loans. If so here comes da trouble.

Tom


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