First Trust Bank Foreclosure...No Old Homes For Sale in Cornelius, NC...

I live in Cornelius, NC...x28, Lake Norman...we have been looking for a house to buy for some time now...truth be told...I get so overloaded looking for homes with other people that I really get sick of it when the search is for me...but I have had my eye on 1...my dream home is a house that recently foreclosed on a "Main Street" of Cornelius....but the bank won't let it go(First Trust Bank, Charlotte)....it is almost 100 years old and in need of major repair...however...the local bank loaned too much money on it and I think someones job depends on trying to get that money back....so, to vent...here it is....

THIS IS 1 MORE MISTAKE THE FIRST TRUST BANK WILL MAKE....

1. The Bank Representative had people over to do some repairs...all of us in the REO, foreclosure industry will tell you...No, No, No...you should sell "As Is" as to not have actual knowledge or liability for the property. You will never repair the 100 year old home up to the standards of what a HOMEOWNER would do with it...you could ruin the Architecture of the home!

2. Stop trying to make the home seem more valable than it is....the only 3 people interested in the property have been, a realtor friend of ours-on behalf of us, my husband and myself...not 3 different individuals...

3. You hire some consultant to "Overlook" the property...not only was this guy not from the Lake area, but he had some bogus appraisal done for you...how could yours and ours be $100k apart? See, I was willing to share my appraisal with the bank so they could see our Appraiser's comps...funny, the Bank did not want to share!

4.Active properties for sale for the last 2 years on the same street mean 1 thing...OVERPRICED! You won't even put it on the market...it foreclsoed 90+ days ago!

5.Your Bank just posted a profit and all banks make lending mistakes...if you try and hold this property until the market swings back...it will be worth less than it is today.

6. This property is just sitting on your books...wasting away, you have wasted more money trying to figure out what to do with it and upkeep of it as well....SELL IT TO ME, we asked for it to be in "AS IS" condition, at a fair price...Come On!

7. This property was on the market for 18 months before it foreclosed, NOT 1, NOT 1 PERSON MADE EVEN A LOWBALL OFFER....how can you say it is still worth $400k?

8. Lastly...what gets me more than anything is the lack of response you have had with us about the property...we offered the Bank what we saw First Trust Bank foreclose on it for...per tax records...Come up to x28, look around the Lake sometime, NO ONE WANTS AN OLD HOUSE UP HERE BUT US, in this area most homes were built in the late 1980's or newer...not 1911!

I LOVE THAT DARN HOUSE...SELL IT TO ME AND BE DONE WITH IT...THAT IS WHAT BANKS DO WITH FORECLOSURES, THEY TRY AND SELL THEM.... I PROMISE!