Save TG, he’s reaching for the knife

[waiting hawk]

You already won by waiting and you made the right choice. Either way would be fine. I am looking and will buy at anytime when the price of a cabin or primary is at the rental value with money down. Go with ocrenters advice and move on. If they drop further than you would ever have thought, just buy a few more 😉

[waiting hawk]

You already won by waiting and you made the right choice. Either way would be fine. I am looking and will buy at anytime when the price of a cabin or primary is at the rental value with money down. Go with ocrenters advice and move on. If they drop further than you would ever have thought, just buy a few more 😉

[lonestar2000]

Wow, these homes look nice, I wish we had similar properties in the San Bernardino area. Unfortunately prices on newer homes are still way above reasonable for the area income, although I’m seeing decent declines.

The price drop on the first linked property is nearly $200k, not bad if you ask me, but whether it will drop futher, and by how much, is not easy to gauge. My gut feeling is, that there are many more like you sitting on the sidelines, ready to catch the falling knife, and if the numbers add up you may just want to catch one sooner or later.

I’m not saying I see any particular bottom in sight, but considering your situation (being forced out of your rental) it may just be in your interest to start making some offers on a few of these properties. With the Christmas/winter season upon us there will be even less buyers in the market, so your bargaining powers are at a premium right now. Come spring, you’re going to start seeing increased competition, and if you MUST be out by Februray then now sounds like a good time to get into the game.

[lonestar2000]

Wow, these homes look nice, I wish we had similar properties in the San Bernardino area. Unfortunately prices on newer homes are still way above reasonable for the area income, although I’m seeing decent declines.

The price drop on the first linked property is nearly $200k, not bad if you ask me, but whether it will drop futher, and by how much, is not easy to gauge. My gut feeling is, that there are many more like you sitting on the sidelines, ready to catch the falling knife, and if the numbers add up you may just want to catch one sooner or later.

I’m not saying I see any particular bottom in sight, but considering your situation (being forced out of your rental) it may just be in your interest to start making some offers on a few of these properties. With the Christmas/winter season upon us there will be even less buyers in the market, so your bargaining powers are at a premium right now. Come spring, you’re going to start seeing increased competition, and if you MUST be out by Februray then now sounds like a good time to get into the game.

[lonestar2000]

Wow, these homes look nice, I wish we had similar properties in the San Bernardino area. Unfortunately prices on newer homes are still way above reasonable for the area income, although I’m seeing decent declines.

The price drop on the first linked property is nearly $200k, not bad if you ask me, but whether it will drop futher, and by how much, is not easy to gauge. My gut feeling is, that there are many more like you sitting on the sidelines, ready to catch the falling knife, and if the numbers add up you may just want to catch one sooner or later.

I’m not saying I see any particular bottom in sight, but considering your situation (being forced out of your rental) it may just be in your interest to start making some offers on a few of these properties. With the Christmas/winter season upon us there will be even less buyers in the market, so your bargaining powers are at a premium right now. Come spring, you’re going to start seeing increased competition, and if you MUST be out by Februray then now sounds like a good time to get into the game.

[lonestar2000]

Wow, these homes look nice, I wish we had similar properties in the San Bernardino area. Unfortunately prices on newer homes are still way above reasonable for the area income, although I’m seeing decent declines.

The price drop on the first linked property is nearly $200k, not bad if you ask me, but whether it will drop futher, and by how much, is not easy to gauge. My gut feeling is, that there are many more like you sitting on the sidelines, ready to catch the falling knife, and if the numbers add up you may just want to catch one sooner or later.

I’m not saying I see any particular bottom in sight, but considering your situation (being forced out of your rental) it may just be in your interest to start making some offers on a few of these properties. With the Christmas/winter season upon us there will be even less buyers in the market, so your bargaining powers are at a premium right now. Come spring, you’re going to start seeing increased competition, and if you MUST be out by Februray then now sounds like a good time to get into the game.

[patientlywaiting]

The recession is coming. Why would anyone be nuts enough to buy before then?

Resale inventory will skyrocket and only the most solid of homeowners will be left standing. Don’t catch the falling knife!

[patientlywaiting]

The recession is coming. Why would anyone be nuts enough to buy before then?

Resale inventory will skyrocket and only the most solid of homeowners will be left standing. Don’t catch the falling knife!

[patientlywaiting]

The recession is coming. Why would anyone be nuts enough to buy before then?

Resale inventory will skyrocket and only the most solid of homeowners will be left standing. Don’t catch the falling knife!

[patientlywaiting]

The recession is coming. Why would anyone be nuts enough to buy before then?

Resale inventory will skyrocket and only the most solid of homeowners will be left standing. Don’t catch the falling knife!

[temeculaguy]

Thanks for the advice everyone, I am going to keep tabs on both the for sale and the for rent and I’ll let you know what happens. SD, I appreciate you weighing in but waiting hawk and oc make a good point, if right after christmas the rent/purchase line gets crossed, I may throw some extreme lowballs while making a plan for a month to month rental. mgubnyc, I am not worried what it will look like, the area I’m looking at has been around about 15 years and was one of the few places in the valley that survived the early nineties with regards to appearance and demographics, this isn’t my first rodeo and i am closing in on two decades in the area, so I’m good. The northern outskirts, like french valley, that will likely go downhill fast in the downturn.

Cbad, thank you for the compliment but pity or wonder is not required, the current single status is a choice and I’m pretty happy with that choice right now. In fact my house hunting is somewhat dominated with the plan to keep it that way. When I see a 5 or 6 bedroom house, I don’t see extra rooms, I see potential problems. I need a house that is big enough for me but not big enough that the next girfriend will want to move in, since I mostly date women my age and they usually have kids, that six bedroom is a brady bunch waiting to happen, I need a welcome mat that says “no camping, violators will be prosecuted.”

[temeculaguy]

Thanks for the advice everyone, I am going to keep tabs on both the for sale and the for rent and I’ll let you know what happens. SD, I appreciate you weighing in but waiting hawk and oc make a good point, if right after christmas the rent/purchase line gets crossed, I may throw some extreme lowballs while making a plan for a month to month rental. mgubnyc, I am not worried what it will look like, the area I’m looking at has been around about 15 years and was one of the few places in the valley that survived the early nineties with regards to appearance and demographics, this isn’t my first rodeo and i am closing in on two decades in the area, so I’m good. The northern outskirts, like french valley, that will likely go downhill fast in the downturn.

Cbad, thank you for the compliment but pity or wonder is not required, the current single status is a choice and I’m pretty happy with that choice right now. In fact my house hunting is somewhat dominated with the plan to keep it that way. When I see a 5 or 6 bedroom house, I don’t see extra rooms, I see potential problems. I need a house that is big enough for me but not big enough that the next girfriend will want to move in, since I mostly date women my age and they usually have kids, that six bedroom is a brady bunch waiting to happen, I need a welcome mat that says “no camping, violators will be prosecuted.”

[temeculaguy]

Thanks for the advice everyone, I am going to keep tabs on both the for sale and the for rent and I’ll let you know what happens. SD, I appreciate you weighing in but waiting hawk and oc make a good point, if right after christmas the rent/purchase line gets crossed, I may throw some extreme lowballs while making a plan for a month to month rental. mgubnyc, I am not worried what it will look like, the area I’m looking at has been around about 15 years and was one of the few places in the valley that survived the early nineties with regards to appearance and demographics, this isn’t my first rodeo and i am closing in on two decades in the area, so I’m good. The northern outskirts, like french valley, that will likely go downhill fast in the downturn.

Cbad, thank you for the compliment but pity or wonder is not required, the current single status is a choice and I’m pretty happy with that choice right now. In fact my house hunting is somewhat dominated with the plan to keep it that way. When I see a 5 or 6 bedroom house, I don’t see extra rooms, I see potential problems. I need a house that is big enough for me but not big enough that the next girfriend will want to move in, since I mostly date women my age and they usually have kids, that six bedroom is a brady bunch waiting to happen, I need a welcome mat that says “no camping, violators will be prosecuted.”

[temeculaguy]

Thanks for the advice everyone, I am going to keep tabs on both the for sale and the for rent and I’ll let you know what happens. SD, I appreciate you weighing in but waiting hawk and oc make a good point, if right after christmas the rent/purchase line gets crossed, I may throw some extreme lowballs while making a plan for a month to month rental. mgubnyc, I am not worried what it will look like, the area I’m looking at has been around about 15 years and was one of the few places in the valley that survived the early nineties with regards to appearance and demographics, this isn’t my first rodeo and i am closing in on two decades in the area, so I’m good. The northern outskirts, like french valley, that will likely go downhill fast in the downturn.

Cbad, thank you for the compliment but pity or wonder is not required, the current single status is a choice and I’m pretty happy with that choice right now. In fact my house hunting is somewhat dominated with the plan to keep it that way. When I see a 5 or 6 bedroom house, I don’t see extra rooms, I see potential problems. I need a house that is big enough for me but not big enough that the next girfriend will want to move in, since I mostly date women my age and they usually have kids, that six bedroom is a brady bunch waiting to happen, I need a welcome mat that says “no camping, violators will be prosecuted.”

[temeculaguy]

Thanks for the advice everyone, I am going to keep tabs on both the for sale and the for rent and I’ll let you know what happens. SD, I appreciate you weighing in but waiting hawk and oc make a good point, if right after christmas the rent/purchase line gets crossed, I may throw some extreme lowballs while making a plan for a month to month rental. mgubnyc, I am not worried what it will look like, the area I’m looking at has been around about 15 years and was one of the few places in the valley that survived the early nineties with regards to appearance and demographics, this isn’t my first rodeo and i am closing in on two decades in the area, so I’m good. The northern outskirts, like french valley, that will likely go downhill fast in the downturn.

Cbad, thank you for the compliment but pity or wonder is not required, the current single status is a choice and I’m pretty happy with that choice right now. In fact my house hunting is somewhat dominated with the plan to keep it that way. When I see a 5 or 6 bedroom house, I don’t see extra rooms, I see potential problems. I need a house that is big enough for me but not big enough that the next girfriend will want to move in, since I mostly date women my age and they usually have kids, that six bedroom is a brady bunch waiting to happen, I need a welcome mat that says “no camping, violators will be prosecuted.”

[Author]

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