[5yearwaiter]

[quote=Ren]But seriously, I ran into those issues and more. Our lot size ended up being 1,000 sf smaller than the advertised size, just because the whole tract had been given the same generic size and that’s what ended up on the records.

On a positive note, while we did see dozens of horrible layouts, we did walk into one (only one) where we instantly said “yes!” and ended up buying it.[/quote]

That’s why I mentioned in the past our home buying/selling system is not really defined responsibilities of “Realtors”. Except they charge some % dollar amounts I never saw that they took full responsibility of listing details. In the 14 page sign documents also they push all these actuals must be our responsibility while purchasing. Still I didn’t understand why the heck a seller need to pay around %% to the listing agent. Is that due to something a listing agent somehow getting arranged to sell the property (even with fake measurement details in the listing). I personally feel there must be mandatory code should exist like “someone should come into serious responsible act” when this kind of details listed. Also today everything is possible via internet to publish the real details and real records. To avoid such fake listings the code must be detailed at the listing time one should publish the real data from the records. Don’t know why not make all such as a mandatory law – though we had already mess-up enough this housing system with ignored mortgage laws in the past.

[5yearwaiter]

[quote=threadkiller]I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.[/quote]

How much dropdown you predict for gold next year? Is it going to be drastic or very minute dropdown?. I am kind of thinking to invest in gold instead all the other which are totally tie up with economy internally and international way.

[5yearwaiter]

[quote=threadkiller]I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.[/quote]

How much dropdown you predict for gold next year? Is it going to be drastic or very minute dropdown?. I am kind of thinking to invest in gold instead all the other which are totally tie up with economy internally and international way.

[5yearwaiter]

[quote=threadkiller]I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.[/quote]

How much dropdown you predict for gold next year? Is it going to be drastic or very minute dropdown?. I am kind of thinking to invest in gold instead all the other which are totally tie up with economy internally and international way.

[5yearwaiter]

[quote=threadkiller]I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.[/quote]

How much dropdown you predict for gold next year? Is it going to be drastic or very minute dropdown?. I am kind of thinking to invest in gold instead all the other which are totally tie up with economy internally and international way.

[5yearwaiter]

[quote=threadkiller]I say Cabal is the winner with temeculaguy a close 2nd, only because he posted afterwards. Next year I predict gold bubble will burst as people discover there is no nutritional value in gold.[/quote]

How much dropdown you predict for gold next year? Is it going to be drastic or very minute dropdown?. I am kind of thinking to invest in gold instead all the other which are totally tie up with economy internally and international way.

[5yearwaiter]

Over all housing in 2010 went up a bit and then came down in two different times. When FED provides 8K as first time buyer program till June 30th, the housing in SD is bit high and then very slowly came down around 2 to 10% depend on the area and also type of houses. I would guess still this phase continues or steady a while but not any increase in housing happens till 2012. If there is any unforseen and a hard hit on our economy then again housing will hit.

The final word is housing is a no more “phrase” for investment for quickreturns but a factor to live in a house rather than rent…… ( I thought this way)

I bought a house in this year when I realised I got to pay for rent around 2400.00 to 2600.00 for just 2000sft single family house. Now also I am paying the same amounts(2018.00 + hoa) as my mortgage but living in a 3400 sft house…. well I did put equity in this house and took 417K conventional loan.

No hurry/worry to buy as an investment but to live … it is your call.

[5yearwaiter]

Over all housing in 2010 went up a bit and then came down in two different times. When FED provides 8K as first time buyer program till June 30th, the housing in SD is bit high and then very slowly came down around 2 to 10% depend on the area and also type of houses. I would guess still this phase continues or steady a while but not any increase in housing happens till 2012. If there is any unforseen and a hard hit on our economy then again housing will hit.

The final word is housing is a no more “phrase” for investment for quickreturns but a factor to live in a house rather than rent…… ( I thought this way)

I bought a house in this year when I realised I got to pay for rent around 2400.00 to 2600.00 for just 2000sft single family house. Now also I am paying the same amounts(2018.00 + hoa) as my mortgage but living in a 3400 sft house…. well I did put equity in this house and took 417K conventional loan.

No hurry/worry to buy as an investment but to live … it is your call.

[5yearwaiter]

Over all housing in 2010 went up a bit and then came down in two different times. When FED provides 8K as first time buyer program till June 30th, the housing in SD is bit high and then very slowly came down around 2 to 10% depend on the area and also type of houses. I would guess still this phase continues or steady a while but not any increase in housing happens till 2012. If there is any unforseen and a hard hit on our economy then again housing will hit.

The final word is housing is a no more “phrase” for investment for quickreturns but a factor to live in a house rather than rent…… ( I thought this way)

I bought a house in this year when I realised I got to pay for rent around 2400.00 to 2600.00 for just 2000sft single family house. Now also I am paying the same amounts(2018.00 + hoa) as my mortgage but living in a 3400 sft house…. well I did put equity in this house and took 417K conventional loan.

No hurry/worry to buy as an investment but to live … it is your call.

[5yearwaiter]

Over all housing in 2010 went up a bit and then came down in two different times. When FED provides 8K as first time buyer program till June 30th, the housing in SD is bit high and then very slowly came down around 2 to 10% depend on the area and also type of houses. I would guess still this phase continues or steady a while but not any increase in housing happens till 2012. If there is any unforseen and a hard hit on our economy then again housing will hit.

The final word is housing is a no more “phrase” for investment for quickreturns but a factor to live in a house rather than rent…… ( I thought this way)

I bought a house in this year when I realised I got to pay for rent around 2400.00 to 2600.00 for just 2000sft single family house. Now also I am paying the same amounts(2018.00 + hoa) as my mortgage but living in a 3400 sft house…. well I did put equity in this house and took 417K conventional loan.

No hurry/worry to buy as an investment but to live … it is your call.

[5yearwaiter]

Over all housing in 2010 went up a bit and then came down in two different times. When FED provides 8K as first time buyer program till June 30th, the housing in SD is bit high and then very slowly came down around 2 to 10% depend on the area and also type of houses. I would guess still this phase continues or steady a while but not any increase in housing happens till 2012. If there is any unforseen and a hard hit on our economy then again housing will hit.

The final word is housing is a no more “phrase” for investment for quickreturns but a factor to live in a house rather than rent…… ( I thought this way)

I bought a house in this year when I realised I got to pay for rent around 2400.00 to 2600.00 for just 2000sft single family house. Now also I am paying the same amounts(2018.00 + hoa) as my mortgage but living in a 3400 sft house…. well I did put equity in this house and took 417K conventional loan.

No hurry/worry to buy as an investment but to live … it is your call.

[5yearwaiter]

[quote=enron_by_the_sea]This is what is worrying me.

1) Let’s say a big one hits LA or Bay area. Leveling down a huge number of million dollar homes.

2) Most people there do not have earthquake insurance. The 12% that do, have 15%-20% deductible. (source –

http://articles.moneycentral.msn.com/Insurance/InsureYourHome/GetTheFactsOnEarthquakeInsurance.aspx

)

3) Earthquake results into massive disruption of life and commerce in this area. Rebuilding is projected to take many years. Many people and employers just simply decide to pack up and move some other place. This severally affects economy of the area.

4) The budget deficit of the state skyrockets. Feds help out some, but tea party does not want to bail out crazy hippies and president Palin is severly limited in how much she can help. This causes crisis in the municipal bond market.

5) People have big mortgages to pay on damaged properties without big paying jobs and they start to default which starts the next leg of banking crisis.

Can this happen?[/quote]

If really when this happened then a real shortage of housing occur on a huge demand and perhaps temporarly it appears it might be a disaster but many government resources start provide some sort of relief (like FEMA etc)… eventually a lot demand for homes (either rebuilt or new homes occur). If your recall last San Diego fires – I thought housing is going to be worst but it back like a huge swing. Nothing these factors impact as long as jobs and CA attractive life exists.

[5yearwaiter]

[quote=enron_by_the_sea]This is what is worrying me.

1) Let’s say a big one hits LA or Bay area. Leveling down a huge number of million dollar homes.

2) Most people there do not have earthquake insurance. The 12% that do, have 15%-20% deductible. (source –

http://articles.moneycentral.msn.com/Insurance/InsureYourHome/GetTheFactsOnEarthquakeInsurance.aspx

)

3) Earthquake results into massive disruption of life and commerce in this area. Rebuilding is projected to take many years. Many people and employers just simply decide to pack up and move some other place. This severally affects economy of the area.

4) The budget deficit of the state skyrockets. Feds help out some, but tea party does not want to bail out crazy hippies and president Palin is severly limited in how much she can help. This causes crisis in the municipal bond market.

5) People have big mortgages to pay on damaged properties without big paying jobs and they start to default which starts the next leg of banking crisis.

Can this happen?[/quote]

If really when this happened then a real shortage of housing occur on a huge demand and perhaps temporarly it appears it might be a disaster but many government resources start provide some sort of relief (like FEMA etc)… eventually a lot demand for homes (either rebuilt or new homes occur). If your recall last San Diego fires – I thought housing is going to be worst but it back like a huge swing. Nothing these factors impact as long as jobs and CA attractive life exists.

[5yearwaiter]

[quote=enron_by_the_sea]This is what is worrying me.

1) Let’s say a big one hits LA or Bay area. Leveling down a huge number of million dollar homes.

2) Most people there do not have earthquake insurance. The 12% that do, have 15%-20% deductible. (source –

http://articles.moneycentral.msn.com/Insurance/InsureYourHome/GetTheFactsOnEarthquakeInsurance.aspx

)

3) Earthquake results into massive disruption of life and commerce in this area. Rebuilding is projected to take many years. Many people and employers just simply decide to pack up and move some other place. This severally affects economy of the area.

4) The budget deficit of the state skyrockets. Feds help out some, but tea party does not want to bail out crazy hippies and president Palin is severly limited in how much she can help. This causes crisis in the municipal bond market.

5) People have big mortgages to pay on damaged properties without big paying jobs and they start to default which starts the next leg of banking crisis.

Can this happen?[/quote]

If really when this happened then a real shortage of housing occur on a huge demand and perhaps temporarly it appears it might be a disaster but many government resources start provide some sort of relief (like FEMA etc)… eventually a lot demand for homes (either rebuilt or new homes occur). If your recall last San Diego fires – I thought housing is going to be worst but it back like a huge swing. Nothing these factors impact as long as jobs and CA attractive life exists.

[5yearwaiter]

[quote=enron_by_the_sea]This is what is worrying me.

1) Let’s say a big one hits LA or Bay area. Leveling down a huge number of million dollar homes.

2) Most people there do not have earthquake insurance. The 12% that do, have 15%-20% deductible. (source –

http://articles.moneycentral.msn.com/Insurance/InsureYourHome/GetTheFactsOnEarthquakeInsurance.aspx

)

3) Earthquake results into massive disruption of life and commerce in this area. Rebuilding is projected to take many years. Many people and employers just simply decide to pack up and move some other place. This severally affects economy of the area.

4) The budget deficit of the state skyrockets. Feds help out some, but tea party does not want to bail out crazy hippies and president Palin is severly limited in how much she can help. This causes crisis in the municipal bond market.

5) People have big mortgages to pay on damaged properties without big paying jobs and they start to default which starts the next leg of banking crisis.

Can this happen?[/quote]

If really when this happened then a real shortage of housing occur on a huge demand and perhaps temporarly it appears it might be a disaster but many government resources start provide some sort of relief (like FEMA etc)… eventually a lot demand for homes (either rebuilt or new homes occur). If your recall last San Diego fires – I thought housing is going to be worst but it back like a huge swing. Nothing these factors impact as long as jobs and CA attractive life exists.

[Author]

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