Posted by Doug Pretorius on March 22, 2000 at 13:35:39:
Ohh, what do bankers know anyway? My theory is the people that are too dumb to rob a bank go to work for one.
Remember not to look at properties, but look for flexible sellers! I know all about the wasting of time looking at properties without first learning the motivation of the seller, not to mention the frustration.
I know it’s strange, because when you think about buying real estate, the first thing you think of is what properties are around. Then of course this is only reenforced by an agent asking what kind you’re looking for and how much money you have. But if you want to do that you better be prepared to waste many hours looking at useless properties and arguing with stubborn sellers. If you value your time (and sanity) just follow the advice everyone here offers on finding those motivated sellers!