I am under contract and Moving to Vista???!!!

[treehugger]

So I got mad and started throwing out lowball offers on properties I didn’t really care about and had never seen the inside of. My realtor (who is also my landlord for the past several years and my parents neighbor in Carlsbad) is telling me I am crazy and I am not going to get the houses. I didn’t care and the instant two properties came up I put low offers on both (yes I like to hedge my bets and didn’t figure I would get either).

The bank came back on one and countered at full price. I held my ground. Then they asked for highest and best….we got the house!

As we are headed to the inspection the other one, which is a shortsale supposedly bank approved at $25,000 above what I offered, but is in my first choice neighborhood and I didn’t really care about the house, calls to congratulate us on the bank accepting our offer!!

Sh$%, WTF!! Now I am totally freaking….turns out the one we went and did the inspection on is AWESOME inside, the perfect lay out for our family. The bank is even having the whole place painted and it will be tented. Passed inspection with flying colors, my cousin and his wife are buying a house just up the hill for $100,000 more.

But now I am starting to freak….did I jump the gun? Will it drop more? Why did they accept my low offer, what do they know that I don’t? How come nobody bid more? Is this a bad idea?? Can I afford this? Can I live in Vista? I love Carlsbad! The kids go to school in Encinitas (where their mom lives), so that is not a concern. The area is very nice homes with large yards.

[Ren]

Some areas of Vista are nice, but I look at it this way – if you’re a delinquent living in a bad area, and you’ve got a choice of burglarizing your welfare recipient neighbor or the guy on the hill with the Benz, which would you pick? Seems like more of a target than an oasis. Also keep in mind what you have to drive through and look at every day, and where you have to shop (e.g., guards in the grocery stores).

That said, I lived in a questionable area of Vista for a year and never had any trouble. Maybe I was lucky. Shadowridge has managed to stay nice for 25 years.

Edit: not to mention a massively mismanaged local government. There are a lot of reasons San Marcos prices are higher, even though the location and weather aren’t as good as Vista.

[Ren]

Some areas of Vista are nice, but I look at it this way – if you’re a delinquent living in a bad area, and you’ve got a choice of burglarizing your welfare recipient neighbor or the guy on the hill with the Benz, which would you pick? Seems like more of a target than an oasis. Also keep in mind what you have to drive through and look at every day, and where you have to shop (e.g., guards in the grocery stores).

That said, I lived in a questionable area of Vista for a year and never had any trouble. Maybe I was lucky. Shadowridge has managed to stay nice for 25 years.

Edit: not to mention a massively mismanaged local government. There are a lot of reasons San Marcos prices are higher, even though the location and weather aren’t as good as Vista.

[Ren]

Some areas of Vista are nice, but I look at it this way – if you’re a delinquent living in a bad area, and you’ve got a choice of burglarizing your welfare recipient neighbor or the guy on the hill with the Benz, which would you pick? Seems like more of a target than an oasis. Also keep in mind what you have to drive through and look at every day, and where you have to shop (e.g., guards in the grocery stores).

That said, I lived in a questionable area of Vista for a year and never had any trouble. Maybe I was lucky. Shadowridge has managed to stay nice for 25 years.

Edit: not to mention a massively mismanaged local government. There are a lot of reasons San Marcos prices are higher, even though the location and weather aren’t as good as Vista.

[Ren]

Some areas of Vista are nice, but I look at it this way – if you’re a delinquent living in a bad area, and you’ve got a choice of burglarizing your welfare recipient neighbor or the guy on the hill with the Benz, which would you pick? Seems like more of a target than an oasis. Also keep in mind what you have to drive through and look at every day, and where you have to shop (e.g., guards in the grocery stores).

That said, I lived in a questionable area of Vista for a year and never had any trouble. Maybe I was lucky. Shadowridge has managed to stay nice for 25 years.

Edit: not to mention a massively mismanaged local government. There are a lot of reasons San Marcos prices are higher, even though the location and weather aren’t as good as Vista.

[Ren]

Some areas of Vista are nice, but I look at it this way – if you’re a delinquent living in a bad area, and you’ve got a choice of burglarizing your welfare recipient neighbor or the guy on the hill with the Benz, which would you pick? Seems like more of a target than an oasis. Also keep in mind what you have to drive through and look at every day, and where you have to shop (e.g., guards in the grocery stores).

That said, I lived in a questionable area of Vista for a year and never had any trouble. Maybe I was lucky. Shadowridge has managed to stay nice for 25 years.

Edit: not to mention a massively mismanaged local government. There are a lot of reasons San Marcos prices are higher, even though the location and weather aren’t as good as Vista.

[scaredyclassic]

somehow i feel much less nervous about your escrow than my escrow. i can be entirely rational about other people’s money and lives. let me think on this a bit.

[scaredyclassic]

somehow i feel much less nervous about your escrow than my escrow. i can be entirely rational about other people’s money and lives. let me think on this a bit.

[scaredyclassic]

somehow i feel much less nervous about your escrow than my escrow. i can be entirely rational about other people’s money and lives. let me think on this a bit.

[scaredyclassic]

somehow i feel much less nervous about your escrow than my escrow. i can be entirely rational about other people’s money and lives. let me think on this a bit.

[scaredyclassic]

somehow i feel much less nervous about your escrow than my escrow. i can be entirely rational about other people’s money and lives. let me think on this a bit.

[jpinpb]

I’m sure you did the comps in the area. Did you also check the distress? I.e., do you anticipate some other homes in the area showing up as a short sale or REO sale? Any recorded NODs or NTS? How far down has it come from peak? If it declines a little more, can you live w/it? What would something like that rent for in the area? If a nicer one sometime this year comes up for what you paid for this, will you be kicking yourself?

I wish someone would accept my lowball offers. I must be more insulting than you. Well, I did get one accepted, only b/c we offered asking. But still have not heard back for B of A (Countrywide). I think the asking was 40k more than it should be. But w/the way the government is propping up this market, the 8k credit, the banks/processors not following through on delinquencies, we decided to just offer LP. I saw a thread of someone quibbling over 5k.

[jpinpb]

I’m sure you did the comps in the area. Did you also check the distress? I.e., do you anticipate some other homes in the area showing up as a short sale or REO sale? Any recorded NODs or NTS? How far down has it come from peak? If it declines a little more, can you live w/it? What would something like that rent for in the area? If a nicer one sometime this year comes up for what you paid for this, will you be kicking yourself?

I wish someone would accept my lowball offers. I must be more insulting than you. Well, I did get one accepted, only b/c we offered asking. But still have not heard back for B of A (Countrywide). I think the asking was 40k more than it should be. But w/the way the government is propping up this market, the 8k credit, the banks/processors not following through on delinquencies, we decided to just offer LP. I saw a thread of someone quibbling over 5k.

[jpinpb]

I’m sure you did the comps in the area. Did you also check the distress? I.e., do you anticipate some other homes in the area showing up as a short sale or REO sale? Any recorded NODs or NTS? How far down has it come from peak? If it declines a little more, can you live w/it? What would something like that rent for in the area? If a nicer one sometime this year comes up for what you paid for this, will you be kicking yourself?

I wish someone would accept my lowball offers. I must be more insulting than you. Well, I did get one accepted, only b/c we offered asking. But still have not heard back for B of A (Countrywide). I think the asking was 40k more than it should be. But w/the way the government is propping up this market, the 8k credit, the banks/processors not following through on delinquencies, we decided to just offer LP. I saw a thread of someone quibbling over 5k.

[jpinpb]

I’m sure you did the comps in the area. Did you also check the distress? I.e., do you anticipate some other homes in the area showing up as a short sale or REO sale? Any recorded NODs or NTS? How far down has it come from peak? If it declines a little more, can you live w/it? What would something like that rent for in the area? If a nicer one sometime this year comes up for what you paid for this, will you be kicking yourself?

I wish someone would accept my lowball offers. I must be more insulting than you. Well, I did get one accepted, only b/c we offered asking. But still have not heard back for B of A (Countrywide). I think the asking was 40k more than it should be. But w/the way the government is propping up this market, the 8k credit, the banks/processors not following through on delinquencies, we decided to just offer LP. I saw a thread of someone quibbling over 5k.

[Author]

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