I would like to include more detail about appliances included/window treatment etc. . ., appriasel contingency, reduce the amount that goes into escrow. Is it premature to involve a lawyer at this point? Would he have a standardized form that is more favorable to the buyers perspective?

Also is 5% of 500K offer price normal to include in the escrow?
Also is the attorney review usually only 3 days? that seems a bit quick?

Thanks

Most likely

Fact is that not everyone can afford to live in Mountain Lakes, Westfield, Ridgewood…and I hear on the board is people whining about not being able to buy in those towns. Get over it.

I know a couple that cleared $220k last year, and they absolutely refused to buy in NJ because even though that salary qualifies as probably upper middle class, and could probably safely afford them a 600k house, they think it’d be insane to spent that much money on house and then pay 15 k in taxes.

So they moved to Pa

The splits on Rob “runs like a” Deer were a bit more extreme, though. .193?

So I hope Mrs.PGC asked for a discount for the hours of work it took to do his job

But I’m probably wrong.

Rutherford

Yes. It was Mrs PGC’s number 1 choice before we found the REO. We will move there at some point (her words).

PS Why I love Mrs PGC.
Our taxes came back from the CPA. One item he says we have to pay capital gains on part of the RE sale last year. Mrs PGC disagrees. CPA says that, as he is signing off on the taxes, he is not willing to risk an audit. Mrs PGC, starts researching, calls the IRS, calls city hall and ends up faxing CPA sections of the tax code and supporting documentation from the city. CPA backs down stating “Well, I couldn’t find any case law to back up your arguement, but you have shown a verystrong case.

The upshot is, that if there is no capitial gains, then there is no income, that backs us away from the AMT threasholds, this ramps back up the credits for items such as my Prius tax credit that diminish as you approach AMT. Overall she saved a chunk of change.

From MSN/Money:

How bad credit can cost you a job

Government workers arent the only ones whose credit histories are being scrutinized. Anyone who has had trouble paying bills could find his or her finances endangered again as employers use credit information to help decide who to hire, fire or promote.

There are some indications such credit checks are on the rise. About 35% of the companies surveyed by the Society for Human Resource Management pulled the credit reports of current or potential employees last year, up from 19% in 1996.

We all end up serving each other hamburgers?

Who says you still can’t be a flipper in today’s economy?

2005: Stainless steel & granite
2008: Secret sauce & pickles