Posted by Bill H on June 29, 2003 at 16:24:09:
Wholeheartedly agree with you. Interest rates are probably pretty static. The problem is the bidders who bid the rate down. We got one guy who comes to our sales from FL and he bids for about 50 people…not his money so he bids until he gets whatever he wants…really drives the rest of us up the wall. But; what can you do?
Then he moans about the situation in FL where the guys are willing to take zero interest on their $$$ for 2 years in hopes of getting the property.
Your analysis of what you actually get is “Right on the Money”…I have hit a few minor jackpots but nothing like the infomercials talk about. Only thing I got going is that I have a party that buys everything that I do not want.