- This topic has 320 replies, 33 voices, and was last updated 15 years, 9 months ago by
SD Realtor.
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March 1, 2009 at 10:41 PM #358836March 1, 2009 at 10:41 PM #358261
SD Realtor
ParticipantSunny the bottom line is that yes if you are going to buy then yes it is best to plan for the worst case. That is, make sure you are going to be in the home many years, make sure you can afford it, etc etc etc. My original post was certainly not intended to make a recommendation to buy, simply to give a report from the battle lines so to speak.
jim I have no ties to the bank industry so if they say prepare the floodgates then so bet it, I guess we will see. You did see the new legislation recently passed in California pushing out the foreclosure timeline I assume.
As I said above, lets see what happens come July. Hopefully for those who have the patience things will get back to our regularly scheduled secular depreciation trend.
March 1, 2009 at 10:41 PM #358562ParticipantSunny the bottom line is that yes if you are going to buy then yes it is best to plan for the worst case. That is, make sure you are going to be in the home many years, make sure you can afford it, etc etc etc. My original post was certainly not intended to make a recommendation to buy, simply to give a report from the battle lines so to speak.
jim I have no ties to the bank industry so if they say prepare the floodgates then so bet it, I guess we will see. You did see the new legislation recently passed in California pushing out the foreclosure timeline I assume.
As I said above, lets see what happens come July. Hopefully for those who have the patience things will get back to our regularly scheduled secular depreciation trend.
March 1, 2009 at 10:41 PM #358701ParticipantSunny the bottom line is that yes if you are going to buy then yes it is best to plan for the worst case. That is, make sure you are going to be in the home many years, make sure you can afford it, etc etc etc. My original post was certainly not intended to make a recommendation to buy, simply to give a report from the battle lines so to speak.
jim I have no ties to the bank industry so if they say prepare the floodgates then so bet it, I guess we will see. You did see the new legislation recently passed in California pushing out the foreclosure timeline I assume.
As I said above, lets see what happens come July. Hopefully for those who have the patience things will get back to our regularly scheduled secular depreciation trend.
March 1, 2009 at 10:41 PM #358738ParticipantSunny the bottom line is that yes if you are going to buy then yes it is best to plan for the worst case. That is, make sure you are going to be in the home many years, make sure you can afford it, etc etc etc. My original post was certainly not intended to make a recommendation to buy, simply to give a report from the battle lines so to speak.
jim I have no ties to the bank industry so if they say prepare the floodgates then so bet it, I guess we will see. You did see the new legislation recently passed in California pushing out the foreclosure timeline I assume.
As I said above, lets see what happens come July. Hopefully for those who have the patience things will get back to our regularly scheduled secular depreciation trend.
March 1, 2009 at 10:41 PM #358840ParticipantSunny the bottom line is that yes if you are going to buy then yes it is best to plan for the worst case. That is, make sure you are going to be in the home many years, make sure you can afford it, etc etc etc. My original post was certainly not intended to make a recommendation to buy, simply to give a report from the battle lines so to speak.
jim I have no ties to the bank industry so if they say prepare the floodgates then so bet it, I guess we will see. You did see the new legislation recently passed in California pushing out the foreclosure timeline I assume.
As I said above, lets see what happens come July. Hopefully for those who have the patience things will get back to our regularly scheduled secular depreciation trend.
March 1, 2009 at 11:05 PM #358271peterb
ParticipantCA unemployment just hit 10.3%. This is trouble of a kind no one on this board has ever known. One year into a recession that probably has at least a couple years to go. There’s never been a better time to observe rather than participate. The real carnage is coming.
March 1, 2009 at 11:05 PM #358573ParticipantCA unemployment just hit 10.3%. This is trouble of a kind no one on this board has ever known. One year into a recession that probably has at least a couple years to go. There’s never been a better time to observe rather than participate. The real carnage is coming.
March 1, 2009 at 11:05 PM #358711ParticipantCA unemployment just hit 10.3%. This is trouble of a kind no one on this board has ever known. One year into a recession that probably has at least a couple years to go. There’s never been a better time to observe rather than participate. The real carnage is coming.
March 1, 2009 at 11:05 PM #358748ParticipantCA unemployment just hit 10.3%. This is trouble of a kind no one on this board has ever known. One year into a recession that probably has at least a couple years to go. There’s never been a better time to observe rather than participate. The real carnage is coming.
March 1, 2009 at 11:05 PM #358850ParticipantCA unemployment just hit 10.3%. This is trouble of a kind no one on this board has ever known. One year into a recession that probably has at least a couple years to go. There’s never been a better time to observe rather than participate. The real carnage is coming.
March 1, 2009 at 11:15 PM #358276murf2222
ParticipantAdam, the sure-fire plan of attack is to bid 100K OVER asking price…….preferably on a place with a cracked foundation and kitchen that’s been gutted.
Surely that strategy will yield the home of your dreams………………Right???
Haha, just a little inside joke there y’all!
Murf2222
March 1, 2009 at 11:15 PM #358578ParticipantAdam, the sure-fire plan of attack is to bid 100K OVER asking price…….preferably on a place with a cracked foundation and kitchen that’s been gutted.
Surely that strategy will yield the home of your dreams………………Right???
Haha, just a little inside joke there y’all!
Murf2222
March 1, 2009 at 11:15 PM #358717ParticipantAdam, the sure-fire plan of attack is to bid 100K OVER asking price…….preferably on a place with a cracked foundation and kitchen that’s been gutted.
Surely that strategy will yield the home of your dreams………………Right???
Haha, just a little inside joke there y’all!
Murf2222
March 1, 2009 at 11:15 PM #358753ParticipantAdam, the sure-fire plan of attack is to bid 100K OVER asking price…….preferably on a place with a cracked foundation and kitchen that’s been gutted.
Surely that strategy will yield the home of your dreams………………Right???
Haha, just a little inside joke there y’all!
Murf2222
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