- This topic has 335 replies, 24 voices, and was last updated 15 years, 8 months ago by CA renter.
-
AuthorPosts
-
March 19, 2009 at 6:05 AM #370401March 19, 2009 at 6:05 AM #369799aldanteParticipant
My point is that the price should be recorded.
March 19, 2009 at 6:05 AM #370088aldanteParticipantMy point is that the price should be recorded.
March 19, 2009 at 6:05 AM #370253aldanteParticipantMy point is that the price should be recorded.
March 19, 2009 at 6:05 AM #370295aldanteParticipantMy point is that the price should be recorded.
March 19, 2009 at 6:05 AM #370411aldanteParticipantMy point is that the price should be recorded.
March 19, 2009 at 6:08 AM #369804donaldduckmooreParticipant[quote=danthedart]I would think this is a good thing. Sounds like a lot of the inventory issues is that the banks can’t process the homes fast enough.
If these bulk buyers come in and basically take a cut of the bank’s money in order to get the home on the market, that’s fine.
Remember these homes have to come on the market at some point anyway. If there are too many of them, it will force the price to come down.
These bulk investors are not going to be living in the homes. Families will eventually make their way into these homes.
If there are more homes than there are families, the price will drop. [/quote]
Ways for investors to make profits from these bulk purchases is to package the houses and sell it for higher price or rent them out. We may see rent come down in the future if the latter is the case.
March 19, 2009 at 6:08 AM #370093donaldduckmooreParticipant[quote=danthedart]I would think this is a good thing. Sounds like a lot of the inventory issues is that the banks can’t process the homes fast enough.
If these bulk buyers come in and basically take a cut of the bank’s money in order to get the home on the market, that’s fine.
Remember these homes have to come on the market at some point anyway. If there are too many of them, it will force the price to come down.
These bulk investors are not going to be living in the homes. Families will eventually make their way into these homes.
If there are more homes than there are families, the price will drop. [/quote]
Ways for investors to make profits from these bulk purchases is to package the houses and sell it for higher price or rent them out. We may see rent come down in the future if the latter is the case.
March 19, 2009 at 6:08 AM #370258donaldduckmooreParticipant[quote=danthedart]I would think this is a good thing. Sounds like a lot of the inventory issues is that the banks can’t process the homes fast enough.
If these bulk buyers come in and basically take a cut of the bank’s money in order to get the home on the market, that’s fine.
Remember these homes have to come on the market at some point anyway. If there are too many of them, it will force the price to come down.
These bulk investors are not going to be living in the homes. Families will eventually make their way into these homes.
If there are more homes than there are families, the price will drop. [/quote]
Ways for investors to make profits from these bulk purchases is to package the houses and sell it for higher price or rent them out. We may see rent come down in the future if the latter is the case.
March 19, 2009 at 6:08 AM #370300donaldduckmooreParticipant[quote=danthedart]I would think this is a good thing. Sounds like a lot of the inventory issues is that the banks can’t process the homes fast enough.
If these bulk buyers come in and basically take a cut of the bank’s money in order to get the home on the market, that’s fine.
Remember these homes have to come on the market at some point anyway. If there are too many of them, it will force the price to come down.
These bulk investors are not going to be living in the homes. Families will eventually make their way into these homes.
If there are more homes than there are families, the price will drop. [/quote]
Ways for investors to make profits from these bulk purchases is to package the houses and sell it for higher price or rent them out. We may see rent come down in the future if the latter is the case.
March 19, 2009 at 6:08 AM #370417donaldduckmooreParticipant[quote=danthedart]I would think this is a good thing. Sounds like a lot of the inventory issues is that the banks can’t process the homes fast enough.
If these bulk buyers come in and basically take a cut of the bank’s money in order to get the home on the market, that’s fine.
Remember these homes have to come on the market at some point anyway. If there are too many of them, it will force the price to come down.
These bulk investors are not going to be living in the homes. Families will eventually make their way into these homes.
If there are more homes than there are families, the price will drop. [/quote]
Ways for investors to make profits from these bulk purchases is to package the houses and sell it for higher price or rent them out. We may see rent come down in the future if the latter is the case.
March 19, 2009 at 6:12 AM #369809jpinpbParticipant[quote=aldante]My point is that the price should be recorded.[/quote]
I totally agree!!! If you or I bought it for 130k, it would be recorded and others have an idea what the comps are and if I’m flipping. Regardless of whether other homes are selling for, you should know what you bought it for.
So much for public information. Government wants to know everything about you, but don’t tell you what’s really going on behind the scene. Leave you guess at that.
And I do mean at this point government/bank – same thing.
March 19, 2009 at 6:12 AM #370098jpinpbParticipant[quote=aldante]My point is that the price should be recorded.[/quote]
I totally agree!!! If you or I bought it for 130k, it would be recorded and others have an idea what the comps are and if I’m flipping. Regardless of whether other homes are selling for, you should know what you bought it for.
So much for public information. Government wants to know everything about you, but don’t tell you what’s really going on behind the scene. Leave you guess at that.
And I do mean at this point government/bank – same thing.
March 19, 2009 at 6:12 AM #370263jpinpbParticipant[quote=aldante]My point is that the price should be recorded.[/quote]
I totally agree!!! If you or I bought it for 130k, it would be recorded and others have an idea what the comps are and if I’m flipping. Regardless of whether other homes are selling for, you should know what you bought it for.
So much for public information. Government wants to know everything about you, but don’t tell you what’s really going on behind the scene. Leave you guess at that.
And I do mean at this point government/bank – same thing.
March 19, 2009 at 6:12 AM #370305jpinpbParticipant[quote=aldante]My point is that the price should be recorded.[/quote]
I totally agree!!! If you or I bought it for 130k, it would be recorded and others have an idea what the comps are and if I’m flipping. Regardless of whether other homes are selling for, you should know what you bought it for.
So much for public information. Government wants to know everything about you, but don’t tell you what’s really going on behind the scene. Leave you guess at that.
And I do mean at this point government/bank – same thing.
-
AuthorPosts
- You must be logged in to reply to this topic.