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<blockquote data-quote="Chocolate Cow2" data-source="post: 1519836" data-attributes="member: 32644"><p>TC, let us know how this sells-if you hear. Had a short conversation yesterday with a banker who was whining about land prices being down 30%. She said her bank had to buy back 320 acres from a borrower who couldn't repay. She didn't know that I knew her bank had made it impossible for anyone else to bid at the sheriffs sale. They set terms of sale that were impossible to meet. Cash in hand or cashiers check for the full amount, payable immediately. No 30 day closing as is normal. I had no sympathy for her problem.</p></blockquote><p></p>
[QUOTE="Chocolate Cow2, post: 1519836, member: 32644"] TC, let us know how this sells-if you hear. Had a short conversation yesterday with a banker who was whining about land prices being down 30%. She said her bank had to buy back 320 acres from a borrower who couldn't repay. She didn't know that I knew her bank had made it impossible for anyone else to bid at the sheriffs sale. They set terms of sale that were impossible to meet. Cash in hand or cashiers check for the full amount, payable immediately. No 30 day closing as is normal. I had no sympathy for her problem. [/QUOTE]
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