We could be dealing with a Scandinavian cave dweller here, but I doubt it.
To get back to her original question, she asked if she should make an offer on the short sale.
We didn’t learn the very interesting (and fun to read!) details of her life until she started defending her position…she pointed out hubby’s salary…someone asked how that is possible…and she stated the industry involved…FLU questions why Murrieta would be considered…well she’s already explained that: two doors down from bro and his pregnant wife. Makes sense to me. She’s prolly sick of living in a 2 BR rented condo in LA with no close friends or relatives nearby.
Jane, I would say go ahead and make the offer. As I’m sure you’re well aware from reading this board, it could take a looonnng time to work things out with the lender but you’re already renting so time is not an issue with you.
One thing that does concern me though: either hubby just started making $250K or you two should have quite a chunk-o-change saved up….renting a 2BR condo shouldn’t cost more than $36K a year so after taxes, food, car payment and all that should leave you with well over $100K a year free and clear. Either you can put down one massive down payment, the excess income has been squandered, or he just started making $250K. If he just started making it, then I would encourage you to hold off until it is obvious the salary and job will be long term.
As to your other question, Jane, would I can a realtor who didn’t even bother to call the other realtor to find the real scoop on why the price was set the way it was? Yeah, I would say that realtor should be canned with a full explanation as to why.
And I’m not sure why people who don’t like the subjects that come up in this thread continue to read it – just breeze on by if it’s not your cup of tea!
From what she has described, her life is actually very tame with the exception of the content of the videos of the company her hubby works for. Life gets much more wild than that, people. Trust me.
