can you count the letter e in:
from a reader to you. i anxiously await the story, along with a few other readers, i’m sure.
“there’s very, very little to select from in the foreclosure arena in san francisco. however, i am currently in contract on a bank-owned property. it’s a single family home in a desirable neighborhood. we offered about 25% less than its selling price in 2005 and we got it. (well, almost. we don’t close for another week…) i have been one of those “sideline guys” since i sold my house in 2006, and this was the opportunity that i’ve been waiting for. financing is very tough right now, even with stellar credit. my rate is over 7%, despite having a very high income to debt ratio and 800+ fico. that said, deals can be found now.
i suspect there will be more (better) opportunities in the future. i know a ton of friends and colleagues who are sitting on 5/1 interest-only arms right now who never conceived of 7-8% interest rates. some of them are rolling over into new 5/1 (io) arms; others are riding it out. i opted for a 30 year fixed so i can sleep at night.
alex, you have information on 120 cherry st (pictures etc)? i think it sold for $3.7 million recently after asking $3.2 million.
i’m hanging at the resort at squaw creek, lake tahoe, and the summer is gorgeous here! looks like some good buying opportunities in lake tahoe from some speculators. i love the units here at the resort. they just remodeled everything last yr.
[editor’s note: say hi to eric brandt at squaw for me.
could you provide some more details, without giving away specifics?
i am sure there are a lot of people sitting on the sidelines here, like myself, who are waiting for a deal like this – to snap these up.

user
I counted one hundred and sixty-nine "e"s in that text.
assistant