|
Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
|
Update:
When the seller took asking price, I thought it was a done deal. But since it was a short sale, BofA had to sign off, which they did last week and then HUD, who apparently bought it from BofA. Not sure why. BUT, if the homeowner can sign a deal, but needs BofA and HUD approval, what is the point of the homeowner being allowed to sign off? I guess so all parties agree.
Anyway we went into escrow today. Going for a 45 day or less escrow. I'd like to have use of the place for July and August, before I lease it out. The long term plan (6-7 years) is that when I "retire", I'll use it for six months-1 day each year (then I'd be a non-CA resident for CA income tax purposes) and live somewhere else (thinking Coeur d" Alene, ID) the rest of the year. Winters in SoCal, summers in Coeur d" Alene, that would work.
__________________
Hugh
Last edited by Hugh R; 05-23-2012 at 05:56 PM..
|