 Quebec home listed for just $1 online OTTAWA -- What would you pay for a three-bedroom home -- a freshly renovated 1,300-sq.-ft. gem on a quarter-acre tree-filled lot -- nestled in the heart of the picturesque Gatineau HillsCommentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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Well, he doesn't have to accept that offer, does he
Not really how a bid works.
Well, he doesn't have to accept that offer, does he
Not really how a bid works.
True..but if a house is selling for $200 000 and I put a bid of $50, the seller can just refuse the bid exactly like the guy thats selling his for $1. They can be refused
Well, he doesn't have to accept that offer, does he
Not really how a bid works.
oh really...
Does it say he will accept every offer? Does it say when closing date is?
In this case, it is exactly how it works.
Last recession my old man sold many houses for a buck.
Do you have to take over existing mortgage payment's I wonder?
Last recession my old man sold many houses for a buck.
Do banks still accept that?
Do you have to take over existing mortgage payment's I wonder?
Last recession my old man sold many houses for a buck.
Do banks still accept that?
I dont know but he bought a whack of them,rented them out to make the mortgage payments and when the economy went for a shit he sold them for a buck but you took over the payments,I imagine they would have had to go through the same hoop's at the bank as if you were buying a house.
Do you have to take over existing mortgage payment's I wonder?
Last recession my old man sold many houses for a buck.
Do banks still accept that?
Nope, when you sell a house, it's the notary's reponsibility to pay off all existing mortgages, unless the buyer and seller agree to transfer them.
...I worked 21 years in financial institutions... but don't hold it against me.
Do you have to take over existing mortgage payment's I wonder?
Last recession my old man sold many houses for a buck.
Do banks still accept that?
Nope, when you sell a house, it's the notary's reponsibility to pay off all existing mortgages, unless the buyer and seller agree to transfer them.
...I worked 21 years in financial institutions... but don't hold it against me.
Thats what I thought too, considering the fact I bought a house less than a year ago... That, and the fact I have a lower interest rate than the sellers had... I have a 2% variable now (half under prime... Banks don't "do" below prime anymore)