All Forum Posts by: Ivan Wong
Ivan Wong has started 2 posts and replied 4 times.
Post: Help with HUD Are negotiations possible?
- Los Angeles, CA
- Posts 4
- Votes 1
Hello, I am in a particular predicament with buying a HUD home. The house is in escrow, appraisal came in and now we want to LOWER our initial offer to match the appraisal. The appraisal is $8,000 above HUD's asking price, and we are $15,000 above the asking price. HUD says we either pay our initial offer or they put the house back on the market and we can bid again at a lower price. It is risky to put the house back on in this competative market. Is there any way to NEGOTIATE with HUD? This is our first home and HUD home so we were unfamiliar with dealing with them in the beginning. Please help. Thanks! :)
Post: Buying in Cleveland Ohio Yeah or Nay?
- Los Angeles, CA
- Posts 4
- Votes 1
BTW, what is a good indicator that the real estate market is stable there?
:)
Post: Buying in Cleveland Ohio Yeah or Nay?
- Los Angeles, CA
- Posts 4
- Votes 1
Thanks, for the replies! Any specific areas that are good, been looking at Shaker Heights?
Thanks
Ivan
Post: Buying in Cleveland Ohio Yeah or Nay?
- Los Angeles, CA
- Posts 4
- Votes 1
Hello, I am thinking about buying property in Cleveland Ohio, more specifically the suburbs of Cleveland. I live in Los Angeles, CA so this will be a long distance relationship. Does anyone have any experience buying and selling in this area? Is the market stable or strong? I just looking for something to cashflow. Thank you!