[quote=OntheSideLine]I wouldn’t mind resale except that there has been not been a resale in the area that I wanted that did not requisite floors to be redone, a different granite in the kitchen, newer appliances, and new paint….About. 40-50k and we didn’t even include cabinets. And the short sales/foreclosures always have shown signs of neglect…people who either didn’t want to take care of their homes or didn’t have the money to maintain…We figured Mission Ranch is about 100k overpriced but we can pick everything we want and slowly do upgrades….planning to take standard flooring and then replace later. We are mainly going to do structural upgrades with builder and do cosmetic upgrades after market. We signed the contract and are content.[/quote]
Congrats on your purchase!
I really don’t think, unlike in 2005-2007, the market will do that poorly. I’m not saying it’ll rocket up, but unlike back then, everyone buying around you now have the income and assets to support their purchases now with underwriting so hard now.
Also agree that new home insulation is tons better. It’s 100 degrees out.
