Home › Forums › Closed Forums › Buying and Selling RE › I’m officially a knifecatcher
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CA renter.
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February 17, 2011 at 7:25 AM #668403February 17, 2011 at 10:16 AM #667391
jeeman
Participantjpinpb,
Loved all your comments on SDLookup while we were looking. I think that I shared some of the thoughts that you have shared here, after our purchase. Even though we got a slamming deal in a very livable, but outdated house, I wonder what we could have gotten if we had waited a little longer.
When JtR posts another video of another REO in our area, sometimes I get a slightly sick feeling in my stomach as I hit “play”. Sometimes, the homes are jacked up and priced alot higher than ours, and other times, the house is not so jacked up, and listed for $100k less than ours. But I look back at my goals before buying and re-adjust my thinking. As someone said earlier, the debasing of our money is the only way that our current government is pursuing economic “growth”.
You and I both will want to be in real estate when inflation starts to hit big time. In fact, inflation is hitting many countries abroad, since they are all pegged to the dollar. If the IMF forces the world onto another currency or metal, we will face massive inflation. You’ll be glad that you bought *anything*.
February 17, 2011 at 10:16 AM #667453Participantjpinpb,
Loved all your comments on SDLookup while we were looking. I think that I shared some of the thoughts that you have shared here, after our purchase. Even though we got a slamming deal in a very livable, but outdated house, I wonder what we could have gotten if we had waited a little longer.
When JtR posts another video of another REO in our area, sometimes I get a slightly sick feeling in my stomach as I hit “play”. Sometimes, the homes are jacked up and priced alot higher than ours, and other times, the house is not so jacked up, and listed for $100k less than ours. But I look back at my goals before buying and re-adjust my thinking. As someone said earlier, the debasing of our money is the only way that our current government is pursuing economic “growth”.
You and I both will want to be in real estate when inflation starts to hit big time. In fact, inflation is hitting many countries abroad, since they are all pegged to the dollar. If the IMF forces the world onto another currency or metal, we will face massive inflation. You’ll be glad that you bought *anything*.
February 17, 2011 at 10:16 AM #668062Participantjpinpb,
Loved all your comments on SDLookup while we were looking. I think that I shared some of the thoughts that you have shared here, after our purchase. Even though we got a slamming deal in a very livable, but outdated house, I wonder what we could have gotten if we had waited a little longer.
When JtR posts another video of another REO in our area, sometimes I get a slightly sick feeling in my stomach as I hit “play”. Sometimes, the homes are jacked up and priced alot higher than ours, and other times, the house is not so jacked up, and listed for $100k less than ours. But I look back at my goals before buying and re-adjust my thinking. As someone said earlier, the debasing of our money is the only way that our current government is pursuing economic “growth”.
You and I both will want to be in real estate when inflation starts to hit big time. In fact, inflation is hitting many countries abroad, since they are all pegged to the dollar. If the IMF forces the world onto another currency or metal, we will face massive inflation. You’ll be glad that you bought *anything*.
February 17, 2011 at 10:16 AM #668201Participantjpinpb,
Loved all your comments on SDLookup while we were looking. I think that I shared some of the thoughts that you have shared here, after our purchase. Even though we got a slamming deal in a very livable, but outdated house, I wonder what we could have gotten if we had waited a little longer.
When JtR posts another video of another REO in our area, sometimes I get a slightly sick feeling in my stomach as I hit “play”. Sometimes, the homes are jacked up and priced alot higher than ours, and other times, the house is not so jacked up, and listed for $100k less than ours. But I look back at my goals before buying and re-adjust my thinking. As someone said earlier, the debasing of our money is the only way that our current government is pursuing economic “growth”.
You and I both will want to be in real estate when inflation starts to hit big time. In fact, inflation is hitting many countries abroad, since they are all pegged to the dollar. If the IMF forces the world onto another currency or metal, we will face massive inflation. You’ll be glad that you bought *anything*.
February 17, 2011 at 10:16 AM #668543Participantjpinpb,
Loved all your comments on SDLookup while we were looking. I think that I shared some of the thoughts that you have shared here, after our purchase. Even though we got a slamming deal in a very livable, but outdated house, I wonder what we could have gotten if we had waited a little longer.
When JtR posts another video of another REO in our area, sometimes I get a slightly sick feeling in my stomach as I hit “play”. Sometimes, the homes are jacked up and priced alot higher than ours, and other times, the house is not so jacked up, and listed for $100k less than ours. But I look back at my goals before buying and re-adjust my thinking. As someone said earlier, the debasing of our money is the only way that our current government is pursuing economic “growth”.
You and I both will want to be in real estate when inflation starts to hit big time. In fact, inflation is hitting many countries abroad, since they are all pegged to the dollar. If the IMF forces the world onto another currency or metal, we will face massive inflation. You’ll be glad that you bought *anything*.
February 17, 2011 at 3:42 PM #667581Anonymous
GuestWow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?
February 17, 2011 at 3:42 PM #667643GuestWow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?
February 17, 2011 at 3:42 PM #668252GuestWow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?
February 17, 2011 at 3:42 PM #668390GuestWow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?
February 17, 2011 at 3:42 PM #668733GuestWow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?
February 17, 2011 at 5:10 PM #667637bearishgurl
Participant[quote=deadzone]Wow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?[/quote]
I don’t think so, deadzone. I haven’t checked, but would surmise the second one likely has no access to city sewer (on septic) and the first one may not either. A/C is also needed there 4-6 mos per year. LM is a completely “different world” than Sunset Cliffs or LJ. They are “apples and oranges.” Not “worse” to live in, just “different.”
I think the lower asking prices up there are just a function of a current predominately younger buying demographic that doesn’t appreciate custom builds and large lots as well as a LOT of current inventory in the county to choose from in that price range. I think Mt. Helix is pretty convenient to everything and is country in the middle of the city but it IS mostly technically “urban,” esp on the west side.
I love the privacy in that area and the westerly-facing properties DO have Mission Bay and ocean views. In spite of the above drawbacks, both properties are VERY appealing to me, the first much moreso.
If you are able to make an offer, deadzone, you should! It’s your “chance of a lifetime” to possibly obtain a property you will probably die in :=}
February 17, 2011 at 5:10 PM #667698Participant[quote=deadzone]Wow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?[/quote]
I don’t think so, deadzone. I haven’t checked, but would surmise the second one likely has no access to city sewer (on septic) and the first one may not either. A/C is also needed there 4-6 mos per year. LM is a completely “different world” than Sunset Cliffs or LJ. They are “apples and oranges.” Not “worse” to live in, just “different.”
I think the lower asking prices up there are just a function of a current predominately younger buying demographic that doesn’t appreciate custom builds and large lots as well as a LOT of current inventory in the county to choose from in that price range. I think Mt. Helix is pretty convenient to everything and is country in the middle of the city but it IS mostly technically “urban,” esp on the west side.
I love the privacy in that area and the westerly-facing properties DO have Mission Bay and ocean views. In spite of the above drawbacks, both properties are VERY appealing to me, the first much moreso.
If you are able to make an offer, deadzone, you should! It’s your “chance of a lifetime” to possibly obtain a property you will probably die in :=}
February 17, 2011 at 5:10 PM #668306Participant[quote=deadzone]Wow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?[/quote]
I don’t think so, deadzone. I haven’t checked, but would surmise the second one likely has no access to city sewer (on septic) and the first one may not either. A/C is also needed there 4-6 mos per year. LM is a completely “different world” than Sunset Cliffs or LJ. They are “apples and oranges.” Not “worse” to live in, just “different.”
I think the lower asking prices up there are just a function of a current predominately younger buying demographic that doesn’t appreciate custom builds and large lots as well as a LOT of current inventory in the county to choose from in that price range. I think Mt. Helix is pretty convenient to everything and is country in the middle of the city but it IS mostly technically “urban,” esp on the west side.
I love the privacy in that area and the westerly-facing properties DO have Mission Bay and ocean views. In spite of the above drawbacks, both properties are VERY appealing to me, the first much moreso.
If you are able to make an offer, deadzone, you should! It’s your “chance of a lifetime” to possibly obtain a property you will probably die in :=}
February 17, 2011 at 5:10 PM #668445Participant[quote=deadzone]Wow, $114 per square foot? I know Mt Helix area isn’t so trendy anymore but I would think it is still somewhat desirable. That is crazy cheap. Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?[/quote]
I don’t think so, deadzone. I haven’t checked, but would surmise the second one likely has no access to city sewer (on septic) and the first one may not either. A/C is also needed there 4-6 mos per year. LM is a completely “different world” than Sunset Cliffs or LJ. They are “apples and oranges.” Not “worse” to live in, just “different.”
I think the lower asking prices up there are just a function of a current predominately younger buying demographic that doesn’t appreciate custom builds and large lots as well as a LOT of current inventory in the county to choose from in that price range. I think Mt. Helix is pretty convenient to everything and is country in the middle of the city but it IS mostly technically “urban,” esp on the west side.
I love the privacy in that area and the westerly-facing properties DO have Mission Bay and ocean views. In spite of the above drawbacks, both properties are VERY appealing to me, the first much moreso.
If you are able to make an offer, deadzone, you should! It’s your “chance of a lifetime” to possibly obtain a property you will probably die in :=}
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