Pardon me for jumping into your little repartee Don and Cork, but let’s get something straight. We now have 45 transactions in process and 65% (at least of them will get approved). Our offers are at 85% of the the appraisal, and all-cash with immediate full (legitimate) proof of funds, no contingencies and As-Is. …
If you can do this you can do like no other. You have no competition. It is worth giving up 80+80 percent of the profit if you can buy short sales at 85 percent of appraisal (of course that is not 85 percent of Retail Appraisal.) This in itself is a huge milestone. 65 percent approval rate is a lot better than 10 percent. I think am going to give you (NARS/TCHG) most of my California short sale properties. Thanks Bill.