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peterb.
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September 25, 2008 at 11:24 PM #276051September 25, 2008 at 11:39 PM #275756
temeculaguy
Participantparamount, stan pac is still 50-100k from the market. While my intended purchase is not in wolf I have looked there pretty closely. Asking price for 3200 sq 5/4 3 car non tandem is 299k, they’ll take 270k. stan pac still wants 305-330k for 2500 sq. Sorry, no deal, sub $100 a square or you get the middle finger from the repos a few hundred feet away. Laurel needs to be 220-270k, cottonwood the same and redwood from 300-400 because that is the market. In 7 days they lose the ability to assist with downpayments (new rules) and fico minimums are going up in declining regions for anyone below 20%. Consider them slapped in the face and 20k isn’t going to cut it. Wolf has 3k a year in mello roos, that’s 50k in pricing declines needed alone to compete with redhawk which is better positioned. Stay away from them right now, they are not included in my theory just yet.
September 25, 2008 at 11:39 PM #276008temeculaguy
Participantparamount, stan pac is still 50-100k from the market. While my intended purchase is not in wolf I have looked there pretty closely. Asking price for 3200 sq 5/4 3 car non tandem is 299k, they’ll take 270k. stan pac still wants 305-330k for 2500 sq. Sorry, no deal, sub $100 a square or you get the middle finger from the repos a few hundred feet away. Laurel needs to be 220-270k, cottonwood the same and redwood from 300-400 because that is the market. In 7 days they lose the ability to assist with downpayments (new rules) and fico minimums are going up in declining regions for anyone below 20%. Consider them slapped in the face and 20k isn’t going to cut it. Wolf has 3k a year in mello roos, that’s 50k in pricing declines needed alone to compete with redhawk which is better positioned. Stay away from them right now, they are not included in my theory just yet.
September 25, 2008 at 11:39 PM #276011temeculaguy
Participantparamount, stan pac is still 50-100k from the market. While my intended purchase is not in wolf I have looked there pretty closely. Asking price for 3200 sq 5/4 3 car non tandem is 299k, they’ll take 270k. stan pac still wants 305-330k for 2500 sq. Sorry, no deal, sub $100 a square or you get the middle finger from the repos a few hundred feet away. Laurel needs to be 220-270k, cottonwood the same and redwood from 300-400 because that is the market. In 7 days they lose the ability to assist with downpayments (new rules) and fico minimums are going up in declining regions for anyone below 20%. Consider them slapped in the face and 20k isn’t going to cut it. Wolf has 3k a year in mello roos, that’s 50k in pricing declines needed alone to compete with redhawk which is better positioned. Stay away from them right now, they are not included in my theory just yet.
September 25, 2008 at 11:39 PM #276059temeculaguy
Participantparamount, stan pac is still 50-100k from the market. While my intended purchase is not in wolf I have looked there pretty closely. Asking price for 3200 sq 5/4 3 car non tandem is 299k, they’ll take 270k. stan pac still wants 305-330k for 2500 sq. Sorry, no deal, sub $100 a square or you get the middle finger from the repos a few hundred feet away. Laurel needs to be 220-270k, cottonwood the same and redwood from 300-400 because that is the market. In 7 days they lose the ability to assist with downpayments (new rules) and fico minimums are going up in declining regions for anyone below 20%. Consider them slapped in the face and 20k isn’t going to cut it. Wolf has 3k a year in mello roos, that’s 50k in pricing declines needed alone to compete with redhawk which is better positioned. Stay away from them right now, they are not included in my theory just yet.
September 25, 2008 at 11:39 PM #276077temeculaguy
Participantparamount, stan pac is still 50-100k from the market. While my intended purchase is not in wolf I have looked there pretty closely. Asking price for 3200 sq 5/4 3 car non tandem is 299k, they’ll take 270k. stan pac still wants 305-330k for 2500 sq. Sorry, no deal, sub $100 a square or you get the middle finger from the repos a few hundred feet away. Laurel needs to be 220-270k, cottonwood the same and redwood from 300-400 because that is the market. In 7 days they lose the ability to assist with downpayments (new rules) and fico minimums are going up in declining regions for anyone below 20%. Consider them slapped in the face and 20k isn’t going to cut it. Wolf has 3k a year in mello roos, that’s 50k in pricing declines needed alone to compete with redhawk which is better positioned. Stay away from them right now, they are not included in my theory just yet.
September 25, 2008 at 11:45 PM #275761paramount
ParticipantThanks for the advice, I’m taking it…
I am anxious to move into a larger house, maybe to anxious.
I noticed the 2976 sq. ft. model had come down to ~320k (in Laurel).
September 25, 2008 at 11:45 PM #276013paramount
ParticipantThanks for the advice, I’m taking it…
I am anxious to move into a larger house, maybe to anxious.
I noticed the 2976 sq. ft. model had come down to ~320k (in Laurel).
September 25, 2008 at 11:45 PM #276016paramount
ParticipantThanks for the advice, I’m taking it…
I am anxious to move into a larger house, maybe to anxious.
I noticed the 2976 sq. ft. model had come down to ~320k (in Laurel).
September 25, 2008 at 11:45 PM #276064paramount
ParticipantThanks for the advice, I’m taking it…
I am anxious to move into a larger house, maybe to anxious.
I noticed the 2976 sq. ft. model had come down to ~320k (in Laurel).
September 25, 2008 at 11:45 PM #276082paramount
ParticipantThanks for the advice, I’m taking it…
I am anxious to move into a larger house, maybe to anxious.
I noticed the 2976 sq. ft. model had come down to ~320k (in Laurel).
September 25, 2008 at 11:57 PM #275776DWCAP
ParticipantTG, just a moments pause, but how does this compare to what you were looking for 12-18 months ago. You seem to have a handle on the market better than just about anyone posting on here. How does this new potential buy stack up? Bigger, better location, more land, better schools, HOA, MR’s, closer to work???? Is it really that great?
September 25, 2008 at 11:57 PM #276028DWCAP
ParticipantTG, just a moments pause, but how does this compare to what you were looking for 12-18 months ago. You seem to have a handle on the market better than just about anyone posting on here. How does this new potential buy stack up? Bigger, better location, more land, better schools, HOA, MR’s, closer to work???? Is it really that great?
September 25, 2008 at 11:57 PM #276031DWCAP
ParticipantTG, just a moments pause, but how does this compare to what you were looking for 12-18 months ago. You seem to have a handle on the market better than just about anyone posting on here. How does this new potential buy stack up? Bigger, better location, more land, better schools, HOA, MR’s, closer to work???? Is it really that great?
September 25, 2008 at 11:57 PM #276079DWCAP
ParticipantTG, just a moments pause, but how does this compare to what you were looking for 12-18 months ago. You seem to have a handle on the market better than just about anyone posting on here. How does this new potential buy stack up? Bigger, better location, more land, better schools, HOA, MR’s, closer to work???? Is it really that great?
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