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ltokuda.
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April 22, 2008 at 12:41 PM #12524April 22, 2008 at 12:56 PM #192478
meadandale
ParticipantAll the people that I know living in CV bought there with trade up money. One traded up in CV. Bought an early model, it doubled in value and they traded up. Must be nice having a million+ dollar house for the same mortgage that I have.
Of course, the property taxes, mello roos and hoa’s eat you alive….
April 22, 2008 at 12:56 PM #192506meadandale
ParticipantAll the people that I know living in CV bought there with trade up money. One traded up in CV. Bought an early model, it doubled in value and they traded up. Must be nice having a million+ dollar house for the same mortgage that I have.
Of course, the property taxes, mello roos and hoa’s eat you alive….
April 22, 2008 at 12:56 PM #192533meadandale
ParticipantAll the people that I know living in CV bought there with trade up money. One traded up in CV. Bought an early model, it doubled in value and they traded up. Must be nice having a million+ dollar house for the same mortgage that I have.
Of course, the property taxes, mello roos and hoa’s eat you alive….
April 22, 2008 at 12:56 PM #192550meadandale
ParticipantAll the people that I know living in CV bought there with trade up money. One traded up in CV. Bought an early model, it doubled in value and they traded up. Must be nice having a million+ dollar house for the same mortgage that I have.
Of course, the property taxes, mello roos and hoa’s eat you alive….
April 22, 2008 at 12:56 PM #192597meadandale
ParticipantAll the people that I know living in CV bought there with trade up money. One traded up in CV. Bought an early model, it doubled in value and they traded up. Must be nice having a million+ dollar house for the same mortgage that I have.
Of course, the property taxes, mello roos and hoa’s eat you alive….
April 22, 2008 at 1:33 PM #192515JWM in SD
ParticipantYou know, I asked the question about what the source of the downpayments was and was roundly criticized by the realtor triad here because according to them, it is irrelevant.
Of course, you and I both know better. It is entirely relevant because it speaks to the sustainability of any bounce that may occur on the way to the bottom in prices.
Here is the multi-part question I posed and never really got an answer and I suspect I know why:
How many of these sideline buyers:
1.Have at least 20% down in Cash that is NOT SOURCED from the following: Prior sale of another house in a bubble zone, actually equity extracted from a house in bubble zone, from Mommy or Daddy.
2.Are first time buyers.
3.Age 35 or younger. In the case of a married couple, both must meet this criteria.
April 22, 2008 at 1:33 PM #192540JWM in SD
ParticipantYou know, I asked the question about what the source of the downpayments was and was roundly criticized by the realtor triad here because according to them, it is irrelevant.
Of course, you and I both know better. It is entirely relevant because it speaks to the sustainability of any bounce that may occur on the way to the bottom in prices.
Here is the multi-part question I posed and never really got an answer and I suspect I know why:
How many of these sideline buyers:
1.Have at least 20% down in Cash that is NOT SOURCED from the following: Prior sale of another house in a bubble zone, actually equity extracted from a house in bubble zone, from Mommy or Daddy.
2.Are first time buyers.
3.Age 35 or younger. In the case of a married couple, both must meet this criteria.
April 22, 2008 at 1:33 PM #192570JWM in SD
ParticipantYou know, I asked the question about what the source of the downpayments was and was roundly criticized by the realtor triad here because according to them, it is irrelevant.
Of course, you and I both know better. It is entirely relevant because it speaks to the sustainability of any bounce that may occur on the way to the bottom in prices.
Here is the multi-part question I posed and never really got an answer and I suspect I know why:
How many of these sideline buyers:
1.Have at least 20% down in Cash that is NOT SOURCED from the following: Prior sale of another house in a bubble zone, actually equity extracted from a house in bubble zone, from Mommy or Daddy.
2.Are first time buyers.
3.Age 35 or younger. In the case of a married couple, both must meet this criteria.
April 22, 2008 at 1:33 PM #192586JWM in SD
ParticipantYou know, I asked the question about what the source of the downpayments was and was roundly criticized by the realtor triad here because according to them, it is irrelevant.
Of course, you and I both know better. It is entirely relevant because it speaks to the sustainability of any bounce that may occur on the way to the bottom in prices.
Here is the multi-part question I posed and never really got an answer and I suspect I know why:
How many of these sideline buyers:
1.Have at least 20% down in Cash that is NOT SOURCED from the following: Prior sale of another house in a bubble zone, actually equity extracted from a house in bubble zone, from Mommy or Daddy.
2.Are first time buyers.
3.Age 35 or younger. In the case of a married couple, both must meet this criteria.
April 22, 2008 at 1:33 PM #192632JWM in SD
ParticipantYou know, I asked the question about what the source of the downpayments was and was roundly criticized by the realtor triad here because according to them, it is irrelevant.
Of course, you and I both know better. It is entirely relevant because it speaks to the sustainability of any bounce that may occur on the way to the bottom in prices.
Here is the multi-part question I posed and never really got an answer and I suspect I know why:
How many of these sideline buyers:
1.Have at least 20% down in Cash that is NOT SOURCED from the following: Prior sale of another house in a bubble zone, actually equity extracted from a house in bubble zone, from Mommy or Daddy.
2.Are first time buyers.
3.Age 35 or younger. In the case of a married couple, both must meet this criteria.
April 22, 2008 at 1:37 PM #192538an
ParticipantYou ask a question that no one know the answer to, that’s why you didn’t get an answer JWM. I know I don’t tell my agent where my down payment comes from, just that I have $ for a down payment. The only info anyone know for sure is that there are people out there right now who are buying houses w/ plenty of $ down.
April 22, 2008 at 1:37 PM #192564an
ParticipantYou ask a question that no one know the answer to, that’s why you didn’t get an answer JWM. I know I don’t tell my agent where my down payment comes from, just that I have $ for a down payment. The only info anyone know for sure is that there are people out there right now who are buying houses w/ plenty of $ down.
April 22, 2008 at 1:37 PM #192595an
ParticipantYou ask a question that no one know the answer to, that’s why you didn’t get an answer JWM. I know I don’t tell my agent where my down payment comes from, just that I have $ for a down payment. The only info anyone know for sure is that there are people out there right now who are buying houses w/ plenty of $ down.
April 22, 2008 at 1:37 PM #192611an
ParticipantYou ask a question that no one know the answer to, that’s why you didn’t get an answer JWM. I know I don’t tell my agent where my down payment comes from, just that I have $ for a down payment. The only info anyone know for sure is that there are people out there right now who are buying houses w/ plenty of $ down.
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