Miat42: please help to see if I can buy REO now

来源: 芳华 于 2008-10-17 15:32:15 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (754 bytes)

I live in LA and thinking about buying a 2b/2b REO condo for myself and rental. In the west LA area the market asking price for a 2b/2b is $400,000-$450,000. Rental is $2000/month in the same area.

REO homes are asking for $350,000 to $400,000. I would they are not in move-in condition. It seems that it is not much lower than a market price.

I am having hard time to understand your point - time to buy REO now. Could you please help me to see if I should try it.

Thanks

Also thanks to "-我，我，我", "盘石过江, 笛笛, and "xkxu" for answering my question posted a couple of days ago. I did go ahead and bought a CD from Citibank at 4% annual rate. Thanks to your advice - I start to thinking about buy REO condo.

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• 回复：I am not Miat42: but he may say -NCNB- ♂ 给 NCNB 发送悄悄话 NCNB 的博客首页 (64 bytes) () 10/17/2008 postreply 15:55:02

• 估计每月要向里面贴400块。 -cultuslake- ♂ 给 cultuslake 发送悄悄话 cultuslake 的博客首页 (0 bytes) () 10/17/2008 postreply 18:18:07

• I want to be Miat42 second. I will -比花花还花- ♂ 给 比花花还花 发送悄悄话 比花花还花 的博客首页 (57 bytes) () 10/19/2008 postreply 11:58:41

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