Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (54052)	7/31/2006 6:02:26 AM
From: John Carragher	Respond to of 116555

usually you will get three offers . any offer i believe more than or less than 5% of the other two get throw out and then the other two or three are averaged and you get average as an offer. trouble ,, offer is based on house selling within x days. back in 70/80's it was sixty days.. really hurt where houses hardly ever sold that quick back then unless another relocation person coming through with a time table to buy a house or rent as expenses only ran 30 thirty days of fixed amount for move. then you were working on your own money. i remember being discounted very deeply in calf when interest rates were 18%. fortunately i had some protection for 12 months so only lost $4.out of pocket. in a hot housing market the offers are great. is a slow market they are devastating. However, i held my first house on first move it was very tramactic holding two houses that you can not afford. never did it again. imo i was young and foolish. corp buy out is best for peace of mind, you get bridge loans on other house for closing. you never have to anything with old house. Sign it over to buy out firm and go about your new job. also your new assignment could care less about costs as relocation costs are usually put top side in croporate plan. so no impact to region or division expenses.