An incident happened at the party

[murf2222]

“We are in the same boat but mine is a smaller canoe in scripps while yours has a bit more horsepower in la jolla.”………

Ditto here SD-R, but our boat is literally *A BOAT*…….a 38 footer on Shelter island to be exact.

We sold our house in the inland empire 4 years ago (too early) and bought the boat as a means of short-term housing. Well, a years worth of going to open houses just made me livid about how outta whack the prices were. I re-nigged on my 6 month plan and have been catching grief from the Mrs. ever since.

It’s only been since this summer that she finally realized that my predictions about the housing market imploding might actually be correct.

[SD Realtor]

Hey murf2222 that sounds pretty cool.

We may all have to start a support group… We can call it spouses united for economic sanity. Seriously though I threw a lowball offer at the home up the street that is a FSBO. We have been eyeballing it for awhile as the owner told us he was going to sell it several months ago. So a few weeks ago he put a sign out front. I doubt he will take the offer but I have appeased my wife although tonite we had a good row about the topic in general….. a road we have travelled down many times.

Anyways have strength.

SD Realtor

[SD Realtor]

Hey murf2222 that sounds pretty cool.

We may all have to start a support group… We can call it spouses united for economic sanity. Seriously though I threw a lowball offer at the home up the street that is a FSBO. We have been eyeballing it for awhile as the owner told us he was going to sell it several months ago. So a few weeks ago he put a sign out front. I doubt he will take the offer but I have appeased my wife although tonite we had a good row about the topic in general….. a road we have travelled down many times.

Anyways have strength.

SD Realtor

[SD Realtor]

Hey murf2222 that sounds pretty cool.

We may all have to start a support group… We can call it spouses united for economic sanity. Seriously though I threw a lowball offer at the home up the street that is a FSBO. We have been eyeballing it for awhile as the owner told us he was going to sell it several months ago. So a few weeks ago he put a sign out front. I doubt he will take the offer but I have appeased my wife although tonite we had a good row about the topic in general….. a road we have travelled down many times.

Anyways have strength.

SD Realtor

[SD Realtor]

Hey murf2222 that sounds pretty cool.

We may all have to start a support group… We can call it spouses united for economic sanity. Seriously though I threw a lowball offer at the home up the street that is a FSBO. We have been eyeballing it for awhile as the owner told us he was going to sell it several months ago. So a few weeks ago he put a sign out front. I doubt he will take the offer but I have appeased my wife although tonite we had a good row about the topic in general….. a road we have travelled down many times.

Anyways have strength.

SD Realtor

[SD Realtor]

Hey murf2222 that sounds pretty cool.

We may all have to start a support group… We can call it spouses united for economic sanity. Seriously though I threw a lowball offer at the home up the street that is a FSBO. We have been eyeballing it for awhile as the owner told us he was going to sell it several months ago. So a few weeks ago he put a sign out front. I doubt he will take the offer but I have appeased my wife although tonite we had a good row about the topic in general….. a road we have travelled down many times.

Anyways have strength.

SD Realtor

[murf2222]

SD-R, you’ve peaked my curiousity.

I’ve been lurking around this site for a couple years now and have noticed that you and I have similar tastes in what we want our next house to be….. (large private lot/setting, like what is offered in Old Scripps vs. New Scripps).

Now that some price reductions are REALLY starting to materialize I’m wondering what price you would feel comfortable paying TODAY?

I’ve made several lowball offers in the mid 600K range on houses in Scripps, Del Cerro and Mt. Helix about a year and a half ago. (to appease the wife ya know?). Of course all were flatly rejected, but now I’m starting to think that if I were to pursue the same houses TODAY I’d be offering EVEN LESS!

So if you don’t mind, can you let me in on what type of property/price you’d feel comfortable paying TODAY in light of the accelerated downward price pressure we’re seeing? (Don’t worry, I’m not gonna try and steal it out from under you…..hehe)

Murf

[murf2222]

SD-R, you’ve peaked my curiousity.

I’ve been lurking around this site for a couple years now and have noticed that you and I have similar tastes in what we want our next house to be….. (large private lot/setting, like what is offered in Old Scripps vs. New Scripps).

Now that some price reductions are REALLY starting to materialize I’m wondering what price you would feel comfortable paying TODAY?

I’ve made several lowball offers in the mid 600K range on houses in Scripps, Del Cerro and Mt. Helix about a year and a half ago. (to appease the wife ya know?). Of course all were flatly rejected, but now I’m starting to think that if I were to pursue the same houses TODAY I’d be offering EVEN LESS!

So if you don’t mind, can you let me in on what type of property/price you’d feel comfortable paying TODAY in light of the accelerated downward price pressure we’re seeing? (Don’t worry, I’m not gonna try and steal it out from under you…..hehe)

Murf

[murf2222]

SD-R, you’ve peaked my curiousity.

I’ve been lurking around this site for a couple years now and have noticed that you and I have similar tastes in what we want our next house to be….. (large private lot/setting, like what is offered in Old Scripps vs. New Scripps).

Now that some price reductions are REALLY starting to materialize I’m wondering what price you would feel comfortable paying TODAY?

I’ve made several lowball offers in the mid 600K range on houses in Scripps, Del Cerro and Mt. Helix about a year and a half ago. (to appease the wife ya know?). Of course all were flatly rejected, but now I’m starting to think that if I were to pursue the same houses TODAY I’d be offering EVEN LESS!

So if you don’t mind, can you let me in on what type of property/price you’d feel comfortable paying TODAY in light of the accelerated downward price pressure we’re seeing? (Don’t worry, I’m not gonna try and steal it out from under you…..hehe)

Murf

[murf2222]

SD-R, you’ve peaked my curiousity.

I’ve been lurking around this site for a couple years now and have noticed that you and I have similar tastes in what we want our next house to be….. (large private lot/setting, like what is offered in Old Scripps vs. New Scripps).

Now that some price reductions are REALLY starting to materialize I’m wondering what price you would feel comfortable paying TODAY?

I’ve made several lowball offers in the mid 600K range on houses in Scripps, Del Cerro and Mt. Helix about a year and a half ago. (to appease the wife ya know?). Of course all were flatly rejected, but now I’m starting to think that if I were to pursue the same houses TODAY I’d be offering EVEN LESS!

So if you don’t mind, can you let me in on what type of property/price you’d feel comfortable paying TODAY in light of the accelerated downward price pressure we’re seeing? (Don’t worry, I’m not gonna try and steal it out from under you…..hehe)

Murf

[murf2222]

SD-R, you’ve peaked my curiousity.

I’ve been lurking around this site for a couple years now and have noticed that you and I have similar tastes in what we want our next house to be….. (large private lot/setting, like what is offered in Old Scripps vs. New Scripps).

Now that some price reductions are REALLY starting to materialize I’m wondering what price you would feel comfortable paying TODAY?

I’ve made several lowball offers in the mid 600K range on houses in Scripps, Del Cerro and Mt. Helix about a year and a half ago. (to appease the wife ya know?). Of course all were flatly rejected, but now I’m starting to think that if I were to pursue the same houses TODAY I’d be offering EVEN LESS!

So if you don’t mind, can you let me in on what type of property/price you’d feel comfortable paying TODAY in light of the accelerated downward price pressure we’re seeing? (Don’t worry, I’m not gonna try and steal it out from under you…..hehe)

Murf

[SD Realtor]

Hi Murf

Well, the answer to your question is unique for each person. What I would feel comfortable paying is based on my on budget. We are making an offer that would result in a housing payment that would be equivalent to our current rent after you run through the entire year. That would include paying property taxes, homeowners insurance, etc but then getting a refund back. The loss point of view is the interest on the CDs where the cash is currently located.

So suffice it to say that in order to get what I want we will carry a single 417k loan and pay for the rest of the home in cash.

I do project a pretty healthy depreciation on the price of the property but such is life. We will be there at least 18 years and I doubt they will take the offer anyway so it is an appeasement offer more then anything else.

In terms of type of property you pegged it, I want a large lot and neither my wife or myself are fans of new housing, nor will we pay Mello Roos. We also want a cul de sac, we don’t want the back of the home to be against power lines or a busy street…. We would ideally like something with wider easements so your neighbor is not looking into your yard or home. So basically if we can find something in good condition like that in a decent school district we will be okay with it.

Anyways, sorry if that is vague.. Basically our limit is the high 600’s or maybe 700 flat.

SD Realtor

[SD Realtor]

Hi Murf

Well, the answer to your question is unique for each person. What I would feel comfortable paying is based on my on budget. We are making an offer that would result in a housing payment that would be equivalent to our current rent after you run through the entire year. That would include paying property taxes, homeowners insurance, etc but then getting a refund back. The loss point of view is the interest on the CDs where the cash is currently located.

So suffice it to say that in order to get what I want we will carry a single 417k loan and pay for the rest of the home in cash.

I do project a pretty healthy depreciation on the price of the property but such is life. We will be there at least 18 years and I doubt they will take the offer anyway so it is an appeasement offer more then anything else.

In terms of type of property you pegged it, I want a large lot and neither my wife or myself are fans of new housing, nor will we pay Mello Roos. We also want a cul de sac, we don’t want the back of the home to be against power lines or a busy street…. We would ideally like something with wider easements so your neighbor is not looking into your yard or home. So basically if we can find something in good condition like that in a decent school district we will be okay with it.

Anyways, sorry if that is vague.. Basically our limit is the high 600’s or maybe 700 flat.

SD Realtor

[SD Realtor]

Hi Murf

Well, the answer to your question is unique for each person. What I would feel comfortable paying is based on my on budget. We are making an offer that would result in a housing payment that would be equivalent to our current rent after you run through the entire year. That would include paying property taxes, homeowners insurance, etc but then getting a refund back. The loss point of view is the interest on the CDs where the cash is currently located.

So suffice it to say that in order to get what I want we will carry a single 417k loan and pay for the rest of the home in cash.

I do project a pretty healthy depreciation on the price of the property but such is life. We will be there at least 18 years and I doubt they will take the offer anyway so it is an appeasement offer more then anything else.

In terms of type of property you pegged it, I want a large lot and neither my wife or myself are fans of new housing, nor will we pay Mello Roos. We also want a cul de sac, we don’t want the back of the home to be against power lines or a busy street…. We would ideally like something with wider easements so your neighbor is not looking into your yard or home. So basically if we can find something in good condition like that in a decent school district we will be okay with it.

Anyways, sorry if that is vague.. Basically our limit is the high 600’s or maybe 700 flat.

SD Realtor

[SD Realtor]

Hi Murf

Well, the answer to your question is unique for each person. What I would feel comfortable paying is based on my on budget. We are making an offer that would result in a housing payment that would be equivalent to our current rent after you run through the entire year. That would include paying property taxes, homeowners insurance, etc but then getting a refund back. The loss point of view is the interest on the CDs where the cash is currently located.

So suffice it to say that in order to get what I want we will carry a single 417k loan and pay for the rest of the home in cash.

I do project a pretty healthy depreciation on the price of the property but such is life. We will be there at least 18 years and I doubt they will take the offer anyway so it is an appeasement offer more then anything else.

In terms of type of property you pegged it, I want a large lot and neither my wife or myself are fans of new housing, nor will we pay Mello Roos. We also want a cul de sac, we don’t want the back of the home to be against power lines or a busy street…. We would ideally like something with wider easements so your neighbor is not looking into your yard or home. So basically if we can find something in good condition like that in a decent school district we will be okay with it.

Anyways, sorry if that is vague.. Basically our limit is the high 600’s or maybe 700 flat.

SD Realtor

[Author]

Posts