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October 15, 2009 at 9:52 AM #470109October 15, 2009 at 10:01 AM #469301anParticipant
[quote=sdrealtor]The right house is the right house not necessarily the cheapest house. Make sure you buy one you really like, whenever you do buy.[/quote]
Totally agree with this statement. It won’t do you any good buying the cheaper house, only to nit pick at it everyday for things that you hate about it in the first place. Only buy the cheaper house if it’s also a “perfect” house. Landscaping, paint color, etc. can be changed for a reasonable price. Things you can’t really change is layout/floor plan and lot size/location.October 15, 2009 at 10:01 AM #469483anParticipant[quote=sdrealtor]The right house is the right house not necessarily the cheapest house. Make sure you buy one you really like, whenever you do buy.[/quote]
Totally agree with this statement. It won’t do you any good buying the cheaper house, only to nit pick at it everyday for things that you hate about it in the first place. Only buy the cheaper house if it’s also a “perfect” house. Landscaping, paint color, etc. can be changed for a reasonable price. Things you can’t really change is layout/floor plan and lot size/location.October 15, 2009 at 10:01 AM #469839anParticipant[quote=sdrealtor]The right house is the right house not necessarily the cheapest house. Make sure you buy one you really like, whenever you do buy.[/quote]
Totally agree with this statement. It won’t do you any good buying the cheaper house, only to nit pick at it everyday for things that you hate about it in the first place. Only buy the cheaper house if it’s also a “perfect” house. Landscaping, paint color, etc. can be changed for a reasonable price. Things you can’t really change is layout/floor plan and lot size/location.October 15, 2009 at 10:01 AM #469913anParticipant[quote=sdrealtor]The right house is the right house not necessarily the cheapest house. Make sure you buy one you really like, whenever you do buy.[/quote]
Totally agree with this statement. It won’t do you any good buying the cheaper house, only to nit pick at it everyday for things that you hate about it in the first place. Only buy the cheaper house if it’s also a “perfect” house. Landscaping, paint color, etc. can be changed for a reasonable price. Things you can’t really change is layout/floor plan and lot size/location.October 15, 2009 at 10:01 AM #470124anParticipant[quote=sdrealtor]The right house is the right house not necessarily the cheapest house. Make sure you buy one you really like, whenever you do buy.[/quote]
Totally agree with this statement. It won’t do you any good buying the cheaper house, only to nit pick at it everyday for things that you hate about it in the first place. Only buy the cheaper house if it’s also a “perfect” house. Landscaping, paint color, etc. can be changed for a reasonable price. Things you can’t really change is layout/floor plan and lot size/location.October 15, 2009 at 10:47 AM #469371svelteParticipant[quote=joestool][quote=svelte]
Read this thread from 2007…note my comment on Nov 25th:http://piggington.com/san_elijo_hills_analysis
There are indeed districts where you can pay off the M-R early, and it has been done.[/quote]
There might be a pre-pay option on the original 30-40yr bond debt plus associated “administrative fees” for that initial period. But remember, M-R allows for ongoing “maintenance costs” on the “infrastructure improvements” the original debt was supposedly used to pay for.
[/quote]There must be a pre-pay option, because the owner told me they were not paying the M-R anymore and even stated it in their ad when they sold the place.
[quote=joestool]Since I don’t think there’s been any cases yet of the initial M-R bond finance period ending for which someone has “prepaid”.[/quote]
No, the finance period has not ended yet. We shall see what happens when it does….maybe they will get hit with a fee. But even if there is some sort of on-going maintenance fee that gets tacked on for the owner at that point, I bet it is much lower than the original M-R.
October 15, 2009 at 10:47 AM #469552svelteParticipant[quote=joestool][quote=svelte]
Read this thread from 2007…note my comment on Nov 25th:http://piggington.com/san_elijo_hills_analysis
There are indeed districts where you can pay off the M-R early, and it has been done.[/quote]
There might be a pre-pay option on the original 30-40yr bond debt plus associated “administrative fees” for that initial period. But remember, M-R allows for ongoing “maintenance costs” on the “infrastructure improvements” the original debt was supposedly used to pay for.
[/quote]There must be a pre-pay option, because the owner told me they were not paying the M-R anymore and even stated it in their ad when they sold the place.
[quote=joestool]Since I don’t think there’s been any cases yet of the initial M-R bond finance period ending for which someone has “prepaid”.[/quote]
No, the finance period has not ended yet. We shall see what happens when it does….maybe they will get hit with a fee. But even if there is some sort of on-going maintenance fee that gets tacked on for the owner at that point, I bet it is much lower than the original M-R.
October 15, 2009 at 10:47 AM #469909svelteParticipant[quote=joestool][quote=svelte]
Read this thread from 2007…note my comment on Nov 25th:http://piggington.com/san_elijo_hills_analysis
There are indeed districts where you can pay off the M-R early, and it has been done.[/quote]
There might be a pre-pay option on the original 30-40yr bond debt plus associated “administrative fees” for that initial period. But remember, M-R allows for ongoing “maintenance costs” on the “infrastructure improvements” the original debt was supposedly used to pay for.
[/quote]There must be a pre-pay option, because the owner told me they were not paying the M-R anymore and even stated it in their ad when they sold the place.
[quote=joestool]Since I don’t think there’s been any cases yet of the initial M-R bond finance period ending for which someone has “prepaid”.[/quote]
No, the finance period has not ended yet. We shall see what happens when it does….maybe they will get hit with a fee. But even if there is some sort of on-going maintenance fee that gets tacked on for the owner at that point, I bet it is much lower than the original M-R.
October 15, 2009 at 10:47 AM #469981svelteParticipant[quote=joestool][quote=svelte]
Read this thread from 2007…note my comment on Nov 25th:http://piggington.com/san_elijo_hills_analysis
There are indeed districts where you can pay off the M-R early, and it has been done.[/quote]
There might be a pre-pay option on the original 30-40yr bond debt plus associated “administrative fees” for that initial period. But remember, M-R allows for ongoing “maintenance costs” on the “infrastructure improvements” the original debt was supposedly used to pay for.
[/quote]There must be a pre-pay option, because the owner told me they were not paying the M-R anymore and even stated it in their ad when they sold the place.
[quote=joestool]Since I don’t think there’s been any cases yet of the initial M-R bond finance period ending for which someone has “prepaid”.[/quote]
No, the finance period has not ended yet. We shall see what happens when it does….maybe they will get hit with a fee. But even if there is some sort of on-going maintenance fee that gets tacked on for the owner at that point, I bet it is much lower than the original M-R.
October 15, 2009 at 10:47 AM #470193svelteParticipant[quote=joestool][quote=svelte]
Read this thread from 2007…note my comment on Nov 25th:http://piggington.com/san_elijo_hills_analysis
There are indeed districts where you can pay off the M-R early, and it has been done.[/quote]
There might be a pre-pay option on the original 30-40yr bond debt plus associated “administrative fees” for that initial period. But remember, M-R allows for ongoing “maintenance costs” on the “infrastructure improvements” the original debt was supposedly used to pay for.
[/quote]There must be a pre-pay option, because the owner told me they were not paying the M-R anymore and even stated it in their ad when they sold the place.
[quote=joestool]Since I don’t think there’s been any cases yet of the initial M-R bond finance period ending for which someone has “prepaid”.[/quote]
No, the finance period has not ended yet. We shall see what happens when it does….maybe they will get hit with a fee. But even if there is some sort of on-going maintenance fee that gets tacked on for the owner at that point, I bet it is much lower than the original M-R.
October 15, 2009 at 10:47 AM #469366IT.MOMParticipantI am going to escrow for a house in CV too.
I know that maybe it is not the best time to buy. But there will never be a “best time”.
I trust sky is not falling, and I should enjoy living in NOW.
Just do it!
October 15, 2009 at 10:47 AM #469547IT.MOMParticipantI am going to escrow for a house in CV too.
I know that maybe it is not the best time to buy. But there will never be a “best time”.
I trust sky is not falling, and I should enjoy living in NOW.
Just do it!
October 15, 2009 at 10:47 AM #469904IT.MOMParticipantI am going to escrow for a house in CV too.
I know that maybe it is not the best time to buy. But there will never be a “best time”.
I trust sky is not falling, and I should enjoy living in NOW.
Just do it!
October 15, 2009 at 10:47 AM #469976IT.MOMParticipantI am going to escrow for a house in CV too.
I know that maybe it is not the best time to buy. But there will never be a “best time”.
I trust sky is not falling, and I should enjoy living in NOW.
Just do it!
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