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madcow.
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May 23, 2008 at 8:18 PM #210999May 23, 2008 at 10:23 PM #210891
jpinpb
Participantnostradamus – the litigation is a long story, but it’s a breach of contract separate and apart from the sale of the property for extension of escrow. Sale isn’t happening anymore. I’d love to be able to also sue for fraud, loss of opportunity and a host of others, but will settle for the breach. Now if I could only find him, since he’s dodging service and making me work at this. Probably have to do it by publication and drag it out some more. There’s days it seems like nothing is easy, unless you’re in Staple’s.
May 23, 2008 at 10:23 PM #210959Participantnostradamus – the litigation is a long story, but it’s a breach of contract separate and apart from the sale of the property for extension of escrow. Sale isn’t happening anymore. I’d love to be able to also sue for fraud, loss of opportunity and a host of others, but will settle for the breach. Now if I could only find him, since he’s dodging service and making me work at this. Probably have to do it by publication and drag it out some more. There’s days it seems like nothing is easy, unless you’re in Staple’s.
May 23, 2008 at 10:23 PM #210987Participantnostradamus – the litigation is a long story, but it’s a breach of contract separate and apart from the sale of the property for extension of escrow. Sale isn’t happening anymore. I’d love to be able to also sue for fraud, loss of opportunity and a host of others, but will settle for the breach. Now if I could only find him, since he’s dodging service and making me work at this. Probably have to do it by publication and drag it out some more. There’s days it seems like nothing is easy, unless you’re in Staple’s.
May 23, 2008 at 10:23 PM #211010Participantnostradamus – the litigation is a long story, but it’s a breach of contract separate and apart from the sale of the property for extension of escrow. Sale isn’t happening anymore. I’d love to be able to also sue for fraud, loss of opportunity and a host of others, but will settle for the breach. Now if I could only find him, since he’s dodging service and making me work at this. Probably have to do it by publication and drag it out some more. There’s days it seems like nothing is easy, unless you’re in Staple’s.
May 23, 2008 at 10:23 PM #211043Participantnostradamus – the litigation is a long story, but it’s a breach of contract separate and apart from the sale of the property for extension of escrow. Sale isn’t happening anymore. I’d love to be able to also sue for fraud, loss of opportunity and a host of others, but will settle for the breach. Now if I could only find him, since he’s dodging service and making me work at this. Probably have to do it by publication and drag it out some more. There’s days it seems like nothing is easy, unless you’re in Staple’s.
May 23, 2008 at 10:42 PM #210906nostradamus
ParticipantSorry to hear that. Litigation is never fun, I went thru one for 3 years! Truly the ones who win are the lawyers. Anyhow, best of luck with that! I’d keep posts about it to a minimum until it is settled. You never know who’s reading!
May 23, 2008 at 10:42 PM #210973ParticipantSorry to hear that. Litigation is never fun, I went thru one for 3 years! Truly the ones who win are the lawyers. Anyhow, best of luck with that! I’d keep posts about it to a minimum until it is settled. You never know who’s reading!
May 23, 2008 at 10:42 PM #211002ParticipantSorry to hear that. Litigation is never fun, I went thru one for 3 years! Truly the ones who win are the lawyers. Anyhow, best of luck with that! I’d keep posts about it to a minimum until it is settled. You never know who’s reading!
May 23, 2008 at 10:42 PM #211024ParticipantSorry to hear that. Litigation is never fun, I went thru one for 3 years! Truly the ones who win are the lawyers. Anyhow, best of luck with that! I’d keep posts about it to a minimum until it is settled. You never know who’s reading!
May 23, 2008 at 10:42 PM #211059ParticipantSorry to hear that. Litigation is never fun, I went thru one for 3 years! Truly the ones who win are the lawyers. Anyhow, best of luck with that! I’d keep posts about it to a minimum until it is settled. You never know who’s reading!
May 23, 2008 at 11:46 PM #210916David J
ParticipantI don’t think asianautica or myself were advocating getting into a mortgage where an equal property rents for less. Rather, simply that once a house pencils out, plan B is then available. Plan B being that one can rent out the house if you need to move and it will not be a financial disaster.
I’m planning on buying sometime next year, I doubt it will be the bottom, even for the hardest hit areas. However, once you pass fundamental price support levels (rents for an equal house IMHO), whether to the upside or the downside, it is anyone’s guess as to where prices will go in the short-term.
In the mean time I will continue to watch inventory levels, sales, etc… to help with the decision. In Mira Mesa inventory is starting to rise again, so maybe we’ll see another nice leg down.
May 23, 2008 at 11:46 PM #210983ParticipantI don’t think asianautica or myself were advocating getting into a mortgage where an equal property rents for less. Rather, simply that once a house pencils out, plan B is then available. Plan B being that one can rent out the house if you need to move and it will not be a financial disaster.
I’m planning on buying sometime next year, I doubt it will be the bottom, even for the hardest hit areas. However, once you pass fundamental price support levels (rents for an equal house IMHO), whether to the upside or the downside, it is anyone’s guess as to where prices will go in the short-term.
In the mean time I will continue to watch inventory levels, sales, etc… to help with the decision. In Mira Mesa inventory is starting to rise again, so maybe we’ll see another nice leg down.
May 23, 2008 at 11:46 PM #211012ParticipantI don’t think asianautica or myself were advocating getting into a mortgage where an equal property rents for less. Rather, simply that once a house pencils out, plan B is then available. Plan B being that one can rent out the house if you need to move and it will not be a financial disaster.
I’m planning on buying sometime next year, I doubt it will be the bottom, even for the hardest hit areas. However, once you pass fundamental price support levels (rents for an equal house IMHO), whether to the upside or the downside, it is anyone’s guess as to where prices will go in the short-term.
In the mean time I will continue to watch inventory levels, sales, etc… to help with the decision. In Mira Mesa inventory is starting to rise again, so maybe we’ll see another nice leg down.
May 23, 2008 at 11:46 PM #211033ParticipantI don’t think asianautica or myself were advocating getting into a mortgage where an equal property rents for less. Rather, simply that once a house pencils out, plan B is then available. Plan B being that one can rent out the house if you need to move and it will not be a financial disaster.
I’m planning on buying sometime next year, I doubt it will be the bottom, even for the hardest hit areas. However, once you pass fundamental price support levels (rents for an equal house IMHO), whether to the upside or the downside, it is anyone’s guess as to where prices will go in the short-term.
In the mean time I will continue to watch inventory levels, sales, etc… to help with the decision. In Mira Mesa inventory is starting to rise again, so maybe we’ll see another nice leg down.
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