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March 14, 2008 at 3:54 PM #170159March 14, 2008 at 3:57 PM #169727jpinpbParticipant
M2C. If you find a house you like and you can afford and plan on being there 10-15+ years, then just buy it. It sounds like your mind is almost made up. You want to be in that area. You found some homes that have reduced significantly.
My question to you: If you bought a house for 280/290k and end-of-year or next year it fell to 200k, would that ruin you? What if in 20 years it went back up to 250k?
Next question: You buy for 280k. But end of year your dream house that was 400k fell to 280k. Are you going to be okay w/the place you bought?
I know most people are against buying right now and that is my sentiment for the most part. I get tempted when I see some deals, but there’s always something that keeps me from buying, reasons/excuses, not nice enough, big enough, no garage, not in the area I really want to be, etc.
I will tell you this. If I found a house I could afford that I reallly liked in the area I want to be in, I would buy it, regardless if the price continued to decline. I don’t plan to flip. I’m not buying it for investment purposes or even tax write-off. I want to buy a place and do what I want w/it, as you say, the freedom to put a pole, or paint it zebra stripes, whatever.
Not an issue for me really because my area is still a little high. I could afford it, but then I’d be a mortgage slave and like you, I want extra $$$ for fun or whatever, in your case, kids.
March 14, 2008 at 3:57 PM #170056jpinpbParticipantM2C. If you find a house you like and you can afford and plan on being there 10-15+ years, then just buy it. It sounds like your mind is almost made up. You want to be in that area. You found some homes that have reduced significantly.
My question to you: If you bought a house for 280/290k and end-of-year or next year it fell to 200k, would that ruin you? What if in 20 years it went back up to 250k?
Next question: You buy for 280k. But end of year your dream house that was 400k fell to 280k. Are you going to be okay w/the place you bought?
I know most people are against buying right now and that is my sentiment for the most part. I get tempted when I see some deals, but there’s always something that keeps me from buying, reasons/excuses, not nice enough, big enough, no garage, not in the area I really want to be, etc.
I will tell you this. If I found a house I could afford that I reallly liked in the area I want to be in, I would buy it, regardless if the price continued to decline. I don’t plan to flip. I’m not buying it for investment purposes or even tax write-off. I want to buy a place and do what I want w/it, as you say, the freedom to put a pole, or paint it zebra stripes, whatever.
Not an issue for me really because my area is still a little high. I could afford it, but then I’d be a mortgage slave and like you, I want extra $$$ for fun or whatever, in your case, kids.
March 14, 2008 at 3:57 PM #170061jpinpbParticipantM2C. If you find a house you like and you can afford and plan on being there 10-15+ years, then just buy it. It sounds like your mind is almost made up. You want to be in that area. You found some homes that have reduced significantly.
My question to you: If you bought a house for 280/290k and end-of-year or next year it fell to 200k, would that ruin you? What if in 20 years it went back up to 250k?
Next question: You buy for 280k. But end of year your dream house that was 400k fell to 280k. Are you going to be okay w/the place you bought?
I know most people are against buying right now and that is my sentiment for the most part. I get tempted when I see some deals, but there’s always something that keeps me from buying, reasons/excuses, not nice enough, big enough, no garage, not in the area I really want to be, etc.
I will tell you this. If I found a house I could afford that I reallly liked in the area I want to be in, I would buy it, regardless if the price continued to decline. I don’t plan to flip. I’m not buying it for investment purposes or even tax write-off. I want to buy a place and do what I want w/it, as you say, the freedom to put a pole, or paint it zebra stripes, whatever.
Not an issue for me really because my area is still a little high. I could afford it, but then I’d be a mortgage slave and like you, I want extra $$$ for fun or whatever, in your case, kids.
March 14, 2008 at 3:57 PM #170087jpinpbParticipantM2C. If you find a house you like and you can afford and plan on being there 10-15+ years, then just buy it. It sounds like your mind is almost made up. You want to be in that area. You found some homes that have reduced significantly.
My question to you: If you bought a house for 280/290k and end-of-year or next year it fell to 200k, would that ruin you? What if in 20 years it went back up to 250k?
Next question: You buy for 280k. But end of year your dream house that was 400k fell to 280k. Are you going to be okay w/the place you bought?
I know most people are against buying right now and that is my sentiment for the most part. I get tempted when I see some deals, but there’s always something that keeps me from buying, reasons/excuses, not nice enough, big enough, no garage, not in the area I really want to be, etc.
I will tell you this. If I found a house I could afford that I reallly liked in the area I want to be in, I would buy it, regardless if the price continued to decline. I don’t plan to flip. I’m not buying it for investment purposes or even tax write-off. I want to buy a place and do what I want w/it, as you say, the freedom to put a pole, or paint it zebra stripes, whatever.
Not an issue for me really because my area is still a little high. I could afford it, but then I’d be a mortgage slave and like you, I want extra $$$ for fun or whatever, in your case, kids.
March 14, 2008 at 3:57 PM #170164jpinpbParticipantM2C. If you find a house you like and you can afford and plan on being there 10-15+ years, then just buy it. It sounds like your mind is almost made up. You want to be in that area. You found some homes that have reduced significantly.
My question to you: If you bought a house for 280/290k and end-of-year or next year it fell to 200k, would that ruin you? What if in 20 years it went back up to 250k?
Next question: You buy for 280k. But end of year your dream house that was 400k fell to 280k. Are you going to be okay w/the place you bought?
I know most people are against buying right now and that is my sentiment for the most part. I get tempted when I see some deals, but there’s always something that keeps me from buying, reasons/excuses, not nice enough, big enough, no garage, not in the area I really want to be, etc.
I will tell you this. If I found a house I could afford that I reallly liked in the area I want to be in, I would buy it, regardless if the price continued to decline. I don’t plan to flip. I’m not buying it for investment purposes or even tax write-off. I want to buy a place and do what I want w/it, as you say, the freedom to put a pole, or paint it zebra stripes, whatever.
Not an issue for me really because my area is still a little high. I could afford it, but then I’d be a mortgage slave and like you, I want extra $$$ for fun or whatever, in your case, kids.
March 14, 2008 at 4:00 PM #169731CogSciGuyParticipantThat was hugely entertaining to read, Jane. You have my blessing. Go ahead and buy!
March 14, 2008 at 4:00 PM #170062CogSciGuyParticipantThat was hugely entertaining to read, Jane. You have my blessing. Go ahead and buy!
March 14, 2008 at 4:00 PM #170066CogSciGuyParticipantThat was hugely entertaining to read, Jane. You have my blessing. Go ahead and buy!
March 14, 2008 at 4:00 PM #170092CogSciGuyParticipantThat was hugely entertaining to read, Jane. You have my blessing. Go ahead and buy!
March 14, 2008 at 4:00 PM #170169CogSciGuyParticipantThat was hugely entertaining to read, Jane. You have my blessing. Go ahead and buy!
March 14, 2008 at 4:53 PM #169746temeculaguyParticipantWe have our first winner, we all knew that each of us will find a different point to jump back in and Jane’s time is now, I fully endorse your decision to buy. From what you wrote you have all five elements of a purchace plan covered.
1. Taking out a mortgage equal to a year’s pay….check.
2. Buying near relatives where you already know about the neighborhood and will have childcare co-op…check.
3. Planning to pay off your house in 15 yrs or less….check
4. Stripper pole and stripaerobics…..check
5. Condomless sex…….checkI can make no cogent argument against it, get a better realtor and do let us know how it went.
BTW, Awesome post and welcome to the valley, you are our type of gal, see you at the wineries.
March 14, 2008 at 4:53 PM #170075temeculaguyParticipantWe have our first winner, we all knew that each of us will find a different point to jump back in and Jane’s time is now, I fully endorse your decision to buy. From what you wrote you have all five elements of a purchace plan covered.
1. Taking out a mortgage equal to a year’s pay….check.
2. Buying near relatives where you already know about the neighborhood and will have childcare co-op…check.
3. Planning to pay off your house in 15 yrs or less….check
4. Stripper pole and stripaerobics…..check
5. Condomless sex…….checkI can make no cogent argument against it, get a better realtor and do let us know how it went.
BTW, Awesome post and welcome to the valley, you are our type of gal, see you at the wineries.
March 14, 2008 at 4:53 PM #170080temeculaguyParticipantWe have our first winner, we all knew that each of us will find a different point to jump back in and Jane’s time is now, I fully endorse your decision to buy. From what you wrote you have all five elements of a purchace plan covered.
1. Taking out a mortgage equal to a year’s pay….check.
2. Buying near relatives where you already know about the neighborhood and will have childcare co-op…check.
3. Planning to pay off your house in 15 yrs or less….check
4. Stripper pole and stripaerobics…..check
5. Condomless sex…….checkI can make no cogent argument against it, get a better realtor and do let us know how it went.
BTW, Awesome post and welcome to the valley, you are our type of gal, see you at the wineries.
March 14, 2008 at 4:53 PM #170105temeculaguyParticipantWe have our first winner, we all knew that each of us will find a different point to jump back in and Jane’s time is now, I fully endorse your decision to buy. From what you wrote you have all five elements of a purchace plan covered.
1. Taking out a mortgage equal to a year’s pay….check.
2. Buying near relatives where you already know about the neighborhood and will have childcare co-op…check.
3. Planning to pay off your house in 15 yrs or less….check
4. Stripper pole and stripaerobics…..check
5. Condomless sex…….checkI can make no cogent argument against it, get a better realtor and do let us know how it went.
BTW, Awesome post and welcome to the valley, you are our type of gal, see you at the wineries.
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