Home › Forums › Closed Forums › Properties or Areas › Tales of an RSF owner
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CardiffBaseball.
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July 23, 2008 at 5:58 AM #13384July 23, 2008 at 8:23 AM #245319
bsrsharma
ParticipantBay area commute times may also improve as the economy thins the herd. I have read that there is less venture money flowing in to the startups and IPO exits are practically non-existent. I think Bay area may have a larger proportion of employment based floating population that may migrate out when money dries up.
Looking at those foreclosure/flipper home prices, have you felt any buyers remorse?
July 23, 2008 at 8:23 AM #245327ParticipantBay area commute times may also improve as the economy thins the herd. I have read that there is less venture money flowing in to the startups and IPO exits are practically non-existent. I think Bay area may have a larger proportion of employment based floating population that may migrate out when money dries up.
Looking at those foreclosure/flipper home prices, have you felt any buyers remorse?
July 23, 2008 at 8:23 AM #245264ParticipantBay area commute times may also improve as the economy thins the herd. I have read that there is less venture money flowing in to the startups and IPO exits are practically non-existent. I think Bay area may have a larger proportion of employment based floating population that may migrate out when money dries up.
Looking at those foreclosure/flipper home prices, have you felt any buyers remorse?
July 23, 2008 at 8:23 AM #245256ParticipantBay area commute times may also improve as the economy thins the herd. I have read that there is less venture money flowing in to the startups and IPO exits are practically non-existent. I think Bay area may have a larger proportion of employment based floating population that may migrate out when money dries up.
Looking at those foreclosure/flipper home prices, have you felt any buyers remorse?
July 23, 2008 at 8:23 AM #245110ParticipantBay area commute times may also improve as the economy thins the herd. I have read that there is less venture money flowing in to the startups and IPO exits are practically non-existent. I think Bay area may have a larger proportion of employment based floating population that may migrate out when money dries up.
Looking at those foreclosure/flipper home prices, have you felt any buyers remorse?
July 23, 2008 at 9:25 AM #245345raptorduck
ParticipantYou are right about both the VC and IPO markets, but I have not seen much reduction in traffic. I was back just a few weeks ago and nothing has changed.
No buyer’s remorse. After all my searching and incessant analysis I think I bought the best long term value within my criteria of what I wanted in a home. I could not be more happy with the neighborhood. Instead of going in through one of the resident gates, I go in through the main gate so as to maximize my drive through it and enjoy the experience.
I am glad that foreclosure turned me down as I don’t think I would want that house even at the price it actually sold for. It sold for $1.9 million below the original asking price a few years ago. It needs A LOT of work, though it does have great potential if you have lots and lots of $$ to put into it.
As for the flipper home, personally I think it is a great purchase for that buyer even though I would not have bought it at that price, not because it was not a great deal at that price, but because it was not our first choice house at any price. It sold for $1.4 million below the original asking price! It had a number of things that prospective buyers did not like(including my wife) and that is what forced it to sell so low. But for the right buyer, it is a heck of a buy, one of the best buys in RSF these past 2 years IMHO. With some additional investment, it could be an amazing home.
July 23, 2008 at 9:25 AM #245353ParticipantYou are right about both the VC and IPO markets, but I have not seen much reduction in traffic. I was back just a few weeks ago and nothing has changed.
No buyer’s remorse. After all my searching and incessant analysis I think I bought the best long term value within my criteria of what I wanted in a home. I could not be more happy with the neighborhood. Instead of going in through one of the resident gates, I go in through the main gate so as to maximize my drive through it and enjoy the experience.
I am glad that foreclosure turned me down as I don’t think I would want that house even at the price it actually sold for. It sold for $1.9 million below the original asking price a few years ago. It needs A LOT of work, though it does have great potential if you have lots and lots of $$ to put into it.
As for the flipper home, personally I think it is a great purchase for that buyer even though I would not have bought it at that price, not because it was not a great deal at that price, but because it was not our first choice house at any price. It sold for $1.4 million below the original asking price! It had a number of things that prospective buyers did not like(including my wife) and that is what forced it to sell so low. But for the right buyer, it is a heck of a buy, one of the best buys in RSF these past 2 years IMHO. With some additional investment, it could be an amazing home.
July 23, 2008 at 9:25 AM #245136ParticipantYou are right about both the VC and IPO markets, but I have not seen much reduction in traffic. I was back just a few weeks ago and nothing has changed.
No buyer’s remorse. After all my searching and incessant analysis I think I bought the best long term value within my criteria of what I wanted in a home. I could not be more happy with the neighborhood. Instead of going in through one of the resident gates, I go in through the main gate so as to maximize my drive through it and enjoy the experience.
I am glad that foreclosure turned me down as I don’t think I would want that house even at the price it actually sold for. It sold for $1.9 million below the original asking price a few years ago. It needs A LOT of work, though it does have great potential if you have lots and lots of $$ to put into it.
As for the flipper home, personally I think it is a great purchase for that buyer even though I would not have bought it at that price, not because it was not a great deal at that price, but because it was not our first choice house at any price. It sold for $1.4 million below the original asking price! It had a number of things that prospective buyers did not like(including my wife) and that is what forced it to sell so low. But for the right buyer, it is a heck of a buy, one of the best buys in RSF these past 2 years IMHO. With some additional investment, it could be an amazing home.
July 23, 2008 at 9:25 AM #245289ParticipantYou are right about both the VC and IPO markets, but I have not seen much reduction in traffic. I was back just a few weeks ago and nothing has changed.
No buyer’s remorse. After all my searching and incessant analysis I think I bought the best long term value within my criteria of what I wanted in a home. I could not be more happy with the neighborhood. Instead of going in through one of the resident gates, I go in through the main gate so as to maximize my drive through it and enjoy the experience.
I am glad that foreclosure turned me down as I don’t think I would want that house even at the price it actually sold for. It sold for $1.9 million below the original asking price a few years ago. It needs A LOT of work, though it does have great potential if you have lots and lots of $$ to put into it.
As for the flipper home, personally I think it is a great purchase for that buyer even though I would not have bought it at that price, not because it was not a great deal at that price, but because it was not our first choice house at any price. It sold for $1.4 million below the original asking price! It had a number of things that prospective buyers did not like(including my wife) and that is what forced it to sell so low. But for the right buyer, it is a heck of a buy, one of the best buys in RSF these past 2 years IMHO. With some additional investment, it could be an amazing home.
July 23, 2008 at 9:25 AM #245281ParticipantYou are right about both the VC and IPO markets, but I have not seen much reduction in traffic. I was back just a few weeks ago and nothing has changed.
No buyer’s remorse. After all my searching and incessant analysis I think I bought the best long term value within my criteria of what I wanted in a home. I could not be more happy with the neighborhood. Instead of going in through one of the resident gates, I go in through the main gate so as to maximize my drive through it and enjoy the experience.
I am glad that foreclosure turned me down as I don’t think I would want that house even at the price it actually sold for. It sold for $1.9 million below the original asking price a few years ago. It needs A LOT of work, though it does have great potential if you have lots and lots of $$ to put into it.
As for the flipper home, personally I think it is a great purchase for that buyer even though I would not have bought it at that price, not because it was not a great deal at that price, but because it was not our first choice house at any price. It sold for $1.4 million below the original asking price! It had a number of things that prospective buyers did not like(including my wife) and that is what forced it to sell so low. But for the right buyer, it is a heck of a buy, one of the best buys in RSF these past 2 years IMHO. With some additional investment, it could be an amazing home.
July 23, 2008 at 11:38 AM #245215desmond
ParticipantI can’t wait for your Christmas card.
July 23, 2008 at 11:38 AM #245437ParticipantI can’t wait for your Christmas card.
July 23, 2008 at 11:38 AM #245363ParticipantI can’t wait for your Christmas card.
July 23, 2008 at 11:38 AM #245370ParticipantI can’t wait for your Christmas card.
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