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December 5, 2007 at 12:23 PM #109616December 5, 2007 at 1:08 PM #109490ocrenterParticipant
this is the perfect example of why RSF prices are sticky.
this group went out and bought 15 million worth of homes all highly leveraged, they are trying to sell most of them but finding no buyers. yet these guys continue to be current on the mortgage and taxes.
almost as if you are paying a game of chicken with them. you know they are draining their resources, but they have a firm belief that things will turn around shortly so they keep making the payments and keeping the asking price high up there.
who’s going to blink first?
December 5, 2007 at 1:08 PM #109651ocrenterParticipantthis is the perfect example of why RSF prices are sticky.
this group went out and bought 15 million worth of homes all highly leveraged, they are trying to sell most of them but finding no buyers. yet these guys continue to be current on the mortgage and taxes.
almost as if you are paying a game of chicken with them. you know they are draining their resources, but they have a firm belief that things will turn around shortly so they keep making the payments and keeping the asking price high up there.
who’s going to blink first?
December 5, 2007 at 1:08 PM #109602ocrenterParticipantthis is the perfect example of why RSF prices are sticky.
this group went out and bought 15 million worth of homes all highly leveraged, they are trying to sell most of them but finding no buyers. yet these guys continue to be current on the mortgage and taxes.
almost as if you are paying a game of chicken with them. you know they are draining their resources, but they have a firm belief that things will turn around shortly so they keep making the payments and keeping the asking price high up there.
who’s going to blink first?
December 5, 2007 at 1:08 PM #109635ocrenterParticipantthis is the perfect example of why RSF prices are sticky.
this group went out and bought 15 million worth of homes all highly leveraged, they are trying to sell most of them but finding no buyers. yet these guys continue to be current on the mortgage and taxes.
almost as if you are paying a game of chicken with them. you know they are draining their resources, but they have a firm belief that things will turn around shortly so they keep making the payments and keeping the asking price high up there.
who’s going to blink first?
December 5, 2007 at 1:08 PM #109640ocrenterParticipantthis is the perfect example of why RSF prices are sticky.
this group went out and bought 15 million worth of homes all highly leveraged, they are trying to sell most of them but finding no buyers. yet these guys continue to be current on the mortgage and taxes.
almost as if you are paying a game of chicken with them. you know they are draining their resources, but they have a firm belief that things will turn around shortly so they keep making the payments and keeping the asking price high up there.
who’s going to blink first?
December 5, 2007 at 1:41 PM #109694raptorduckParticipantNavydoc. As many people here know, my range is $2-$5 million purchase price, but my sweet spot is really between $3-$4 million because I prefer not to only put down 20%. But, I need a certain size house with certain things for particular reasons in certain areas for other reasons, hence the broad range.
BTW, if you are a Navy doctor, my hat is off to you. I am a Navy veteran and was stationed in SD, when I first fell in love with it. I got sick once and spent 10 days in Balboa Naval Hospital and my doc was great.
OCrenter, I probably could hold off blinking for another years. My wife, however, may grab me by the hair, sweep her hand around over my eyelids, and make me blink by about this time next year.
Alas, blinking does not mean I have to overpay, however, I can blink on a reasonable opportunity.
I am not looking for an investment. I am looking for a home.
December 5, 2007 at 1:41 PM #109687raptorduckParticipantNavydoc. As many people here know, my range is $2-$5 million purchase price, but my sweet spot is really between $3-$4 million because I prefer not to only put down 20%. But, I need a certain size house with certain things for particular reasons in certain areas for other reasons, hence the broad range.
BTW, if you are a Navy doctor, my hat is off to you. I am a Navy veteran and was stationed in SD, when I first fell in love with it. I got sick once and spent 10 days in Balboa Naval Hospital and my doc was great.
OCrenter, I probably could hold off blinking for another years. My wife, however, may grab me by the hair, sweep her hand around over my eyelids, and make me blink by about this time next year.
Alas, blinking does not mean I have to overpay, however, I can blink on a reasonable opportunity.
I am not looking for an investment. I am looking for a home.
December 5, 2007 at 1:41 PM #109656raptorduckParticipantNavydoc. As many people here know, my range is $2-$5 million purchase price, but my sweet spot is really between $3-$4 million because I prefer not to only put down 20%. But, I need a certain size house with certain things for particular reasons in certain areas for other reasons, hence the broad range.
BTW, if you are a Navy doctor, my hat is off to you. I am a Navy veteran and was stationed in SD, when I first fell in love with it. I got sick once and spent 10 days in Balboa Naval Hospital and my doc was great.
OCrenter, I probably could hold off blinking for another years. My wife, however, may grab me by the hair, sweep her hand around over my eyelids, and make me blink by about this time next year.
Alas, blinking does not mean I have to overpay, however, I can blink on a reasonable opportunity.
I am not looking for an investment. I am looking for a home.
December 5, 2007 at 1:41 PM #109706raptorduckParticipantNavydoc. As many people here know, my range is $2-$5 million purchase price, but my sweet spot is really between $3-$4 million because I prefer not to only put down 20%. But, I need a certain size house with certain things for particular reasons in certain areas for other reasons, hence the broad range.
BTW, if you are a Navy doctor, my hat is off to you. I am a Navy veteran and was stationed in SD, when I first fell in love with it. I got sick once and spent 10 days in Balboa Naval Hospital and my doc was great.
OCrenter, I probably could hold off blinking for another years. My wife, however, may grab me by the hair, sweep her hand around over my eyelids, and make me blink by about this time next year.
Alas, blinking does not mean I have to overpay, however, I can blink on a reasonable opportunity.
I am not looking for an investment. I am looking for a home.
December 5, 2007 at 1:41 PM #109546raptorduckParticipantNavydoc. As many people here know, my range is $2-$5 million purchase price, but my sweet spot is really between $3-$4 million because I prefer not to only put down 20%. But, I need a certain size house with certain things for particular reasons in certain areas for other reasons, hence the broad range.
BTW, if you are a Navy doctor, my hat is off to you. I am a Navy veteran and was stationed in SD, when I first fell in love with it. I got sick once and spent 10 days in Balboa Naval Hospital and my doc was great.
OCrenter, I probably could hold off blinking for another years. My wife, however, may grab me by the hair, sweep her hand around over my eyelids, and make me blink by about this time next year.
Alas, blinking does not mean I have to overpay, however, I can blink on a reasonable opportunity.
I am not looking for an investment. I am looking for a home.
December 5, 2007 at 1:44 PM #109709NavydocParticipantDid my residency at Balboa, hope to return there after fellowship. And yes, I knew you were looking for much more house than I am. I hope you find it at the price you want.
December 5, 2007 at 1:44 PM #109702NavydocParticipantDid my residency at Balboa, hope to return there after fellowship. And yes, I knew you were looking for much more house than I am. I hope you find it at the price you want.
December 5, 2007 at 1:44 PM #109721NavydocParticipantDid my residency at Balboa, hope to return there after fellowship. And yes, I knew you were looking for much more house than I am. I hope you find it at the price you want.
December 5, 2007 at 1:44 PM #109673NavydocParticipantDid my residency at Balboa, hope to return there after fellowship. And yes, I knew you were looking for much more house than I am. I hope you find it at the price you want.
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