[quote=sdrealtor]You would venture wrong which seems to be a recurring theme. They will recover enough to put about 30% down and still have a couple hundred thousand to upgrade what they bought. They provided me about 20 homes they saw online to express what they were looking for. We spent 2 full days seeing everything that was available both resale and new construction that would meet what they wanted. We narrowed it down to 7 and went back on day 3 to see those. They ultimately settled on a beautiful well built new home with a large lot and and very nice ocean view. They will close at a price between 300K and 1M less than others paid on the street. His commute to work will be about 5 minutes. I personally beleive they will very happy with what they got.[/quote]
I’m a little confused. TX property doesn’t appreciate that well. Did they build their house and all their outbuildings in TX themselves and did one of their families deed them the land to do so?? Or is the “recovery” you speak of from “other assets,” incl “family help.” Or did they own their property they recently sold in TX more than 20 years? Did they sell the rights to drilling leases with their land?? Something doesn’t add up here and no, I didn’t just fall off a turnip truck yesterday.
