Quote:
Originally Posted by LXtasy
I understand that much. BUT, I rather not have 5 contracts out on homes right now.
Plus, with the rehab loan I am wanting to make sure I can do it with the set price of how much I can put in towards the house instead of wasting my everyones time.
Plus, most of the homes are banked loaned.
I do know the process I am suppose to go. But doing this step first.
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why not just pick your favorite house and make an offer that you can afford and then get an appraisal. If it doesn't work out, move to the next. The way you are describing it, you are going to get an appraisal on 5 houses and then make your offer- but if i had to guess, you are still going to make your offer on your favorite house. why not save the money on the appraisals and only get them if you NEED them.
not trying to be a dick, but i have done this a bunch of times and can tell you that you are doing it ass backwards. i assume you don't have an agent or you would have already been talked out of doing it your way.
either way, good luck- it's a good time to buy.