Go To Mortgage 101

Return To Group Index

From: Will Trice 
Newsgroups: misc.invest.financial-plan
Subject: Re: Use of HELOC to fund Retirement Home During Relocation?
Date: Sun, 8 Oct 2006 22:25:40 -0500
	iQBVAwUARSnBNPl/I4+O31e5AQEGIQIAt03GSnSPhY5uP5cf3uI1/wkM9ADiPEKs
	T5tGKYH8ME13IhtY5vEBhgo+r806wtpxiOE/hnon65w4UBmz3Tg38w==
	=zeAQ



HW \"Skip\" Weldon wrote:
> In fact, I would go further and suggest that there
> are other real estate strategies that used to be "somewhat aggressive"
> and which are now "substantially aggressive".  (My opinion.)
> 
> Included in this category are  
> accepting offers with only modest earnest money deposits;

How does it help to accept higher earnest money?  Do you think this 
brings more motivated buyers?  In my (limited) experience selling 
property, it seems that the buyer can get their earnest money back for 
many reasons which are pure bull, although that gets harder as the deal 
progresses.

Just wondering what your thoughts are on this,
-Will