Any thoughts on South Carlsbad

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AN –

I would save $500 of the $1800. In addition to the 401k & IRA and including the 401k match, that is over $40K per year of savings. Geez, a brothers gotta live a little too.

BTW, I do include car insurance in my monthly budget. Vacations and gifts are paid out of my 20% annual bonus. For example, Xmas 2009 is already paid for and the cash will be in my account in February. No bonus= no vacation or gifts (unless funded through the monthly budget).

Also, my down payment does not deplete my savings. I still have 6 months salary plus my employment contract provides for 6 months severance.

It’s funny – my wife thinks I am the most financially conservative person in the world. We drive old Nissans, our underwater neighbors all drive BMW’s or the like. I’ll let her know you think we should save more…

[an]

WFB, like I said, everyone have a different definition of comfortable. I max out 401k & IRA too. But I don’t count those as saving since I can’t touch those until I’m 59.5. So, to me, saving is cash on hand. To me, $500/month saving is too little. But that’s just me. If I make that much, I’d expect my self to be saving at least $3-4k/month.

[an]

WFB, like I said, everyone have a different definition of comfortable. I max out 401k & IRA too. But I don’t count those as saving since I can’t touch those until I’m 59.5. So, to me, saving is cash on hand. To me, $500/month saving is too little. But that’s just me. If I make that much, I’d expect my self to be saving at least $3-4k/month.

[an]

WFB, like I said, everyone have a different definition of comfortable. I max out 401k & IRA too. But I don’t count those as saving since I can’t touch those until I’m 59.5. So, to me, saving is cash on hand. To me, $500/month saving is too little. But that’s just me. If I make that much, I’d expect my self to be saving at least $3-4k/month.

[an]

WFB, like I said, everyone have a different definition of comfortable. I max out 401k & IRA too. But I don’t count those as saving since I can’t touch those until I’m 59.5. So, to me, saving is cash on hand. To me, $500/month saving is too little. But that’s just me. If I make that much, I’d expect my self to be saving at least $3-4k/month.

[an]

WFB, like I said, everyone have a different definition of comfortable. I max out 401k & IRA too. But I don’t count those as saving since I can’t touch those until I’m 59.5. So, to me, saving is cash on hand. To me, $500/month saving is too little. But that’s just me. If I make that much, I’d expect my self to be saving at least $3-4k/month.

[pemeliza]

sdrealtor, what in your opinion is a good price for this home:

http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009

thanks

[pemeliza]

sdrealtor, what in your opinion is a good price for this home:

http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009

thanks

[pemeliza]

sdrealtor, what in your opinion is a good price for this home:

http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009

thanks

[pemeliza]

sdrealtor, what in your opinion is a good price for this home:

http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009

thanks

[pemeliza]

sdrealtor, what in your opinion is a good price for this home:

http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009

thanks

[sdrealtor]

pemiliza
Thats a beautiful home with lots of upgrades and very nice landscaping/hardscaping. Its a short sale so it would likely take at least 3 or 4 months to actually close escrow. That looks a good price for that home and they should ahve no problem generating offers on it at that price.

Seller paid 1.2M and likely put $100K plus into it after closing outside and inside. Buyer put about $350K down and then heloc’d out 250K a month later to finish upgardes and exterior improvements. Buyer looks like they owe about $1.1M. There are comps in the last 6 months in the $1.1M range. This looks like an attempt to generate a quick offer and its questionable as to whether the bank would go for this.

[sdrealtor]

pemiliza
Thats a beautiful home with lots of upgrades and very nice landscaping/hardscaping. Its a short sale so it would likely take at least 3 or 4 months to actually close escrow. That looks a good price for that home and they should ahve no problem generating offers on it at that price.

Seller paid 1.2M and likely put $100K plus into it after closing outside and inside. Buyer put about $350K down and then heloc’d out 250K a month later to finish upgardes and exterior improvements. Buyer looks like they owe about $1.1M. There are comps in the last 6 months in the $1.1M range. This looks like an attempt to generate a quick offer and its questionable as to whether the bank would go for this.

[sdrealtor]

pemiliza
Thats a beautiful home with lots of upgrades and very nice landscaping/hardscaping. Its a short sale so it would likely take at least 3 or 4 months to actually close escrow. That looks a good price for that home and they should ahve no problem generating offers on it at that price.

Seller paid 1.2M and likely put $100K plus into it after closing outside and inside. Buyer put about $350K down and then heloc’d out 250K a month later to finish upgardes and exterior improvements. Buyer looks like they owe about $1.1M. There are comps in the last 6 months in the $1.1M range. This looks like an attempt to generate a quick offer and its questionable as to whether the bank would go for this.

[sdrealtor]

pemiliza
Thats a beautiful home with lots of upgrades and very nice landscaping/hardscaping. Its a short sale so it would likely take at least 3 or 4 months to actually close escrow. That looks a good price for that home and they should ahve no problem generating offers on it at that price.

Seller paid 1.2M and likely put $100K plus into it after closing outside and inside. Buyer put about $350K down and then heloc’d out 250K a month later to finish upgardes and exterior improvements. Buyer looks like they owe about $1.1M. There are comps in the last 6 months in the $1.1M range. This looks like an attempt to generate a quick offer and its questionable as to whether the bank would go for this.

[Author]

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