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NotCranky.
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October 14, 2009 at 11:21 AM #469569October 14, 2009 at 11:30 AM #468747
DataAgent
Participant“Our cable bill is only $14.”
How is that possible? Is Obama subsidizing your cable service? My cable bill is 10X that… plus!
October 14, 2009 at 11:30 AM #468931Participant“Our cable bill is only $14.”
How is that possible? Is Obama subsidizing your cable service? My cable bill is 10X that… plus!
October 14, 2009 at 11:30 AM #469289Participant“Our cable bill is only $14.”
How is that possible? Is Obama subsidizing your cable service? My cable bill is 10X that… plus!
October 14, 2009 at 11:30 AM #469362Participant“Our cable bill is only $14.”
How is that possible? Is Obama subsidizing your cable service? My cable bill is 10X that… plus!
October 14, 2009 at 11:30 AM #469575Participant“Our cable bill is only $14.”
How is that possible? Is Obama subsidizing your cable service? My cable bill is 10X that… plus!
October 14, 2009 at 11:43 AM #468762sdcellar
ParticipantThen your DTI is probably something more like 33% (I think). That’s not so bad. Your risk is that you’re single income, so where would you be if you suffered, say, a six month jobless stint? Ideally, you’d be able to set aside some reserves, but not sure if you can, given the challenge in getting the loan down to $417K. Normally, I’m a pretty optimistic guy, but I’d make sure you hold on to some cash. Maybe that’s your plan. If so, good.
As far as “comps” are concerned, if I’m guessing which house you’re talking about correctly, there is something of a comp nearby that is $60K less. The lot might be a bit smaller and no pool, but a comp nonetheless (maybe use it to your negotiating advantage). M-R seems higher too (~$200), which is a little surprising. It also needs more work, I’m pretty sure.
October 14, 2009 at 11:43 AM #468946ParticipantThen your DTI is probably something more like 33% (I think). That’s not so bad. Your risk is that you’re single income, so where would you be if you suffered, say, a six month jobless stint? Ideally, you’d be able to set aside some reserves, but not sure if you can, given the challenge in getting the loan down to $417K. Normally, I’m a pretty optimistic guy, but I’d make sure you hold on to some cash. Maybe that’s your plan. If so, good.
As far as “comps” are concerned, if I’m guessing which house you’re talking about correctly, there is something of a comp nearby that is $60K less. The lot might be a bit smaller and no pool, but a comp nonetheless (maybe use it to your negotiating advantage). M-R seems higher too (~$200), which is a little surprising. It also needs more work, I’m pretty sure.
October 14, 2009 at 11:43 AM #469304ParticipantThen your DTI is probably something more like 33% (I think). That’s not so bad. Your risk is that you’re single income, so where would you be if you suffered, say, a six month jobless stint? Ideally, you’d be able to set aside some reserves, but not sure if you can, given the challenge in getting the loan down to $417K. Normally, I’m a pretty optimistic guy, but I’d make sure you hold on to some cash. Maybe that’s your plan. If so, good.
As far as “comps” are concerned, if I’m guessing which house you’re talking about correctly, there is something of a comp nearby that is $60K less. The lot might be a bit smaller and no pool, but a comp nonetheless (maybe use it to your negotiating advantage). M-R seems higher too (~$200), which is a little surprising. It also needs more work, I’m pretty sure.
October 14, 2009 at 11:43 AM #469377ParticipantThen your DTI is probably something more like 33% (I think). That’s not so bad. Your risk is that you’re single income, so where would you be if you suffered, say, a six month jobless stint? Ideally, you’d be able to set aside some reserves, but not sure if you can, given the challenge in getting the loan down to $417K. Normally, I’m a pretty optimistic guy, but I’d make sure you hold on to some cash. Maybe that’s your plan. If so, good.
As far as “comps” are concerned, if I’m guessing which house you’re talking about correctly, there is something of a comp nearby that is $60K less. The lot might be a bit smaller and no pool, but a comp nonetheless (maybe use it to your negotiating advantage). M-R seems higher too (~$200), which is a little surprising. It also needs more work, I’m pretty sure.
October 14, 2009 at 11:43 AM #469588ParticipantThen your DTI is probably something more like 33% (I think). That’s not so bad. Your risk is that you’re single income, so where would you be if you suffered, say, a six month jobless stint? Ideally, you’d be able to set aside some reserves, but not sure if you can, given the challenge in getting the loan down to $417K. Normally, I’m a pretty optimistic guy, but I’d make sure you hold on to some cash. Maybe that’s your plan. If so, good.
As far as “comps” are concerned, if I’m guessing which house you’re talking about correctly, there is something of a comp nearby that is $60K less. The lot might be a bit smaller and no pool, but a comp nonetheless (maybe use it to your negotiating advantage). M-R seems higher too (~$200), which is a little surprising. It also needs more work, I’m pretty sure.
October 14, 2009 at 11:45 AM #468767Anonymous
GuestCongratulations Nocommonsense!
I think you are making a good decision. Anybody can find negatives with any given situation and there seems to be plenty of that. In the big picture and considering longevity of ownership I believe you and your family will be very happy. I live just Southwest of you and the quality of life for my family is priceless for me. I personally don’t believe we will see a big dip this winter as some predict regardless your timing is still very good.
I read the Pigg now and then and enjoy the insight some have put forward. Some will want you to sit on the sidelines studying graphs for years to attempt to pinpoint the exact point of entry. Others have more important matters to attend while taking the big picture into consideration. I guess it comes down to opportunity cost. Enjoy!October 14, 2009 at 11:45 AM #468950GuestCongratulations Nocommonsense!
I think you are making a good decision. Anybody can find negatives with any given situation and there seems to be plenty of that. In the big picture and considering longevity of ownership I believe you and your family will be very happy. I live just Southwest of you and the quality of life for my family is priceless for me. I personally don’t believe we will see a big dip this winter as some predict regardless your timing is still very good.
I read the Pigg now and then and enjoy the insight some have put forward. Some will want you to sit on the sidelines studying graphs for years to attempt to pinpoint the exact point of entry. Others have more important matters to attend while taking the big picture into consideration. I guess it comes down to opportunity cost. Enjoy!October 14, 2009 at 11:45 AM #469309GuestCongratulations Nocommonsense!
I think you are making a good decision. Anybody can find negatives with any given situation and there seems to be plenty of that. In the big picture and considering longevity of ownership I believe you and your family will be very happy. I live just Southwest of you and the quality of life for my family is priceless for me. I personally don’t believe we will see a big dip this winter as some predict regardless your timing is still very good.
I read the Pigg now and then and enjoy the insight some have put forward. Some will want you to sit on the sidelines studying graphs for years to attempt to pinpoint the exact point of entry. Others have more important matters to attend while taking the big picture into consideration. I guess it comes down to opportunity cost. Enjoy!October 14, 2009 at 11:45 AM #469382GuestCongratulations Nocommonsense!
I think you are making a good decision. Anybody can find negatives with any given situation and there seems to be plenty of that. In the big picture and considering longevity of ownership I believe you and your family will be very happy. I live just Southwest of you and the quality of life for my family is priceless for me. I personally don’t believe we will see a big dip this winter as some predict regardless your timing is still very good.
I read the Pigg now and then and enjoy the insight some have put forward. Some will want you to sit on the sidelines studying graphs for years to attempt to pinpoint the exact point of entry. Others have more important matters to attend while taking the big picture into consideration. I guess it comes down to opportunity cost. Enjoy! -
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