The Hail Mary all cash offer

[bearishgurl]

Gee, scaredy, I’m sorry to hear you feel you must overpay.

[scaredyclassic]

Well that’s how I feel. I feel market price carries with it an implicit investment premium which everyone overpays for

[scaredyclassic]

Well that’s how I feel. I feel market price carries with it an implicit investment premium which everyone overpays for

[scaredyclassic]

Well that’s how I feel. I feel market price carries with it an implicit investment premium which everyone overpays for

[scaredyclassic]

Well that’s how I feel. I feel market price carries with it an implicit investment premium which everyone overpays for

[scaredyclassic]

Well that’s how I feel. I feel market price carries with it an implicit investment premium which everyone overpays for

[Hobie]

I’m beginning to think your are driving your wife nuts.;) I need to slap you around a little, all with good intentions. 🙂

No problem wanting to get a deal. We all want to buy a stock at the bottom, best price for a car, it goes on forever. But you have a family. They come first. Screw the bike to work constraint and get yourself in a home where the wife and kids are happy and can create great memories. The kids don’t know or care if their house is rented they want to have friends over to play and be close to them. Plus your wife is not demanding you spring for an oceanfront or 40 acres. Just a modest home in Temecula! She is a keeper!

Suppose you got this house and you had a pile of $$ it will take a couple of years of construction which already mentioned is a real strain on a household. And on the workmen as well if you live in it. Pay as you go will just take longer.

I’m with the gang who believes that area has further to fall so keep your eyes open and bank cash. Then when a nice property comes along you can jump on it. With cash.

C-mon both of you have completed professional school and should reward yourselves ( wife ) with a home rather than an investment property.

Good Luck.

[Hobie]

I’m beginning to think your are driving your wife nuts.;) I need to slap you around a little, all with good intentions. 🙂

No problem wanting to get a deal. We all want to buy a stock at the bottom, best price for a car, it goes on forever. But you have a family. They come first. Screw the bike to work constraint and get yourself in a home where the wife and kids are happy and can create great memories. The kids don’t know or care if their house is rented they want to have friends over to play and be close to them. Plus your wife is not demanding you spring for an oceanfront or 40 acres. Just a modest home in Temecula! She is a keeper!

Suppose you got this house and you had a pile of $$ it will take a couple of years of construction which already mentioned is a real strain on a household. And on the workmen as well if you live in it. Pay as you go will just take longer.

I’m with the gang who believes that area has further to fall so keep your eyes open and bank cash. Then when a nice property comes along you can jump on it. With cash.

C-mon both of you have completed professional school and should reward yourselves ( wife ) with a home rather than an investment property.

Good Luck.

[Hobie]

I’m beginning to think your are driving your wife nuts.;) I need to slap you around a little, all with good intentions. 🙂

No problem wanting to get a deal. We all want to buy a stock at the bottom, best price for a car, it goes on forever. But you have a family. They come first. Screw the bike to work constraint and get yourself in a home where the wife and kids are happy and can create great memories. The kids don’t know or care if their house is rented they want to have friends over to play and be close to them. Plus your wife is not demanding you spring for an oceanfront or 40 acres. Just a modest home in Temecula! She is a keeper!

Suppose you got this house and you had a pile of $$ it will take a couple of years of construction which already mentioned is a real strain on a household. And on the workmen as well if you live in it. Pay as you go will just take longer.

I’m with the gang who believes that area has further to fall so keep your eyes open and bank cash. Then when a nice property comes along you can jump on it. With cash.

C-mon both of you have completed professional school and should reward yourselves ( wife ) with a home rather than an investment property.

Good Luck.

[Hobie]

I’m beginning to think your are driving your wife nuts.;) I need to slap you around a little, all with good intentions. 🙂

No problem wanting to get a deal. We all want to buy a stock at the bottom, best price for a car, it goes on forever. But you have a family. They come first. Screw the bike to work constraint and get yourself in a home where the wife and kids are happy and can create great memories. The kids don’t know or care if their house is rented they want to have friends over to play and be close to them. Plus your wife is not demanding you spring for an oceanfront or 40 acres. Just a modest home in Temecula! She is a keeper!

Suppose you got this house and you had a pile of $$ it will take a couple of years of construction which already mentioned is a real strain on a household. And on the workmen as well if you live in it. Pay as you go will just take longer.

I’m with the gang who believes that area has further to fall so keep your eyes open and bank cash. Then when a nice property comes along you can jump on it. With cash.

C-mon both of you have completed professional school and should reward yourselves ( wife ) with a home rather than an investment property.

Good Luck.

[Hobie]

I’m beginning to think your are driving your wife nuts.;) I need to slap you around a little, all with good intentions. 🙂

No problem wanting to get a deal. We all want to buy a stock at the bottom, best price for a car, it goes on forever. But you have a family. They come first. Screw the bike to work constraint and get yourself in a home where the wife and kids are happy and can create great memories. The kids don’t know or care if their house is rented they want to have friends over to play and be close to them. Plus your wife is not demanding you spring for an oceanfront or 40 acres. Just a modest home in Temecula! She is a keeper!

Suppose you got this house and you had a pile of $$ it will take a couple of years of construction which already mentioned is a real strain on a household. And on the workmen as well if you live in it. Pay as you go will just take longer.

I’m with the gang who believes that area has further to fall so keep your eyes open and bank cash. Then when a nice property comes along you can jump on it. With cash.

C-mon both of you have completed professional school and should reward yourselves ( wife ) with a home rather than an investment property.

Good Luck.

[bearishgurl]

That only applies, scaredy, if there’s “true competition” for properties you are interested in making an offer on.

If you go “off the beaten path” a little and become interested in a property that few buyers would make an offer on, then I see the seller having three choices, accept your offer, be recalcitrant and hold out indefinitely until his agent “fires himself,” or remove his property from the market (because he was only testing it anyway).

When it comes down to little or no interest or “competition,” the most qualified buyer usually wins, even if offering a lower price than others.

I just think right now that “bank-owned” to a lot of buyers who flock to these listings means to them that the BANK IS READY TO DEAL! More often than not, this is FAR from the truth. Banks are STILL trying to recoup as much as they can from all the bad investments they (stupidly) made in recent years.

As a solid, qualified buyer, none of this is really your problem :=)

In other words, why would I line up in the middle of the day at the CVPO and wait in line with 30 people when I can visit the machines in the lobby at the close of business that day and get my documents postmarked and out to the sorting station THE SAME DAY?? Or go visit the Bonita PO with 0-4 people in line?

These banks won’t have all these frenzied “mulitiple offers” when all the (formerly) $1M+ acreages start hitting their books. This is the type of property I thought you were looking for. All these “joe-sixpack” buyers you’re currently “competing with” won’t be able to afford the rehab on them or the water bill or even qualify for a loan to buy them as an REO.

You just seem to be currently bumping into all the frenzied manic buying panic and absorbing it wherever you go. This too, shall pass, but you may have to change your course a little before you are successful in your bid, scaredy.

[bearishgurl]

That only applies, scaredy, if there’s “true competition” for properties you are interested in making an offer on.

If you go “off the beaten path” a little and become interested in a property that few buyers would make an offer on, then I see the seller having three choices, accept your offer, be recalcitrant and hold out indefinitely until his agent “fires himself,” or remove his property from the market (because he was only testing it anyway).

When it comes down to little or no interest or “competition,” the most qualified buyer usually wins, even if offering a lower price than others.

I just think right now that “bank-owned” to a lot of buyers who flock to these listings means to them that the BANK IS READY TO DEAL! More often than not, this is FAR from the truth. Banks are STILL trying to recoup as much as they can from all the bad investments they (stupidly) made in recent years.

As a solid, qualified buyer, none of this is really your problem :=)

In other words, why would I line up in the middle of the day at the CVPO and wait in line with 30 people when I can visit the machines in the lobby at the close of business that day and get my documents postmarked and out to the sorting station THE SAME DAY?? Or go visit the Bonita PO with 0-4 people in line?

These banks won’t have all these frenzied “mulitiple offers” when all the (formerly) $1M+ acreages start hitting their books. This is the type of property I thought you were looking for. All these “joe-sixpack” buyers you’re currently “competing with” won’t be able to afford the rehab on them or the water bill or even qualify for a loan to buy them as an REO.

You just seem to be currently bumping into all the frenzied manic buying panic and absorbing it wherever you go. This too, shall pass, but you may have to change your course a little before you are successful in your bid, scaredy.

[bearishgurl]

That only applies, scaredy, if there’s “true competition” for properties you are interested in making an offer on.

If you go “off the beaten path” a little and become interested in a property that few buyers would make an offer on, then I see the seller having three choices, accept your offer, be recalcitrant and hold out indefinitely until his agent “fires himself,” or remove his property from the market (because he was only testing it anyway).

When it comes down to little or no interest or “competition,” the most qualified buyer usually wins, even if offering a lower price than others.

I just think right now that “bank-owned” to a lot of buyers who flock to these listings means to them that the BANK IS READY TO DEAL! More often than not, this is FAR from the truth. Banks are STILL trying to recoup as much as they can from all the bad investments they (stupidly) made in recent years.

As a solid, qualified buyer, none of this is really your problem :=)

In other words, why would I line up in the middle of the day at the CVPO and wait in line with 30 people when I can visit the machines in the lobby at the close of business that day and get my documents postmarked and out to the sorting station THE SAME DAY?? Or go visit the Bonita PO with 0-4 people in line?

These banks won’t have all these frenzied “mulitiple offers” when all the (formerly) $1M+ acreages start hitting their books. This is the type of property I thought you were looking for. All these “joe-sixpack” buyers you’re currently “competing with” won’t be able to afford the rehab on them or the water bill or even qualify for a loan to buy them as an REO.

You just seem to be currently bumping into all the frenzied manic buying panic and absorbing it wherever you go. This too, shall pass, but you may have to change your course a little before you are successful in your bid, scaredy.

[bearishgurl]

That only applies, scaredy, if there’s “true competition” for properties you are interested in making an offer on.

If you go “off the beaten path” a little and become interested in a property that few buyers would make an offer on, then I see the seller having three choices, accept your offer, be recalcitrant and hold out indefinitely until his agent “fires himself,” or remove his property from the market (because he was only testing it anyway).

When it comes down to little or no interest or “competition,” the most qualified buyer usually wins, even if offering a lower price than others.

I just think right now that “bank-owned” to a lot of buyers who flock to these listings means to them that the BANK IS READY TO DEAL! More often than not, this is FAR from the truth. Banks are STILL trying to recoup as much as they can from all the bad investments they (stupidly) made in recent years.

As a solid, qualified buyer, none of this is really your problem :=)

In other words, why would I line up in the middle of the day at the CVPO and wait in line with 30 people when I can visit the machines in the lobby at the close of business that day and get my documents postmarked and out to the sorting station THE SAME DAY?? Or go visit the Bonita PO with 0-4 people in line?

These banks won’t have all these frenzied “mulitiple offers” when all the (formerly) $1M+ acreages start hitting their books. This is the type of property I thought you were looking for. All these “joe-sixpack” buyers you’re currently “competing with” won’t be able to afford the rehab on them or the water bill or even qualify for a loan to buy them as an REO.

You just seem to be currently bumping into all the frenzied manic buying panic and absorbing it wherever you go. This too, shall pass, but you may have to change your course a little before you are successful in your bid, scaredy.

[Author]

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