[5yearwaiter]

[quote=threadkiller]OT-Has anyone noticed that as property values go down property tax rates go up. I was surprised to find La Mesa and Lemon Grove have the highest property tax rates. Poor La Mesa they are getting taxed to death! Solana Beach the lowest! http://170.213.238.101/pts/trasearch.asp%5B/quote%5D

I thought all California have the same property tax rate. Howcome different tax rates in different areas though all are under California? What factors decide these rates actually? and who govern these rates to fix?

[5yearwaiter]

Couple of colleagues of my friend succeed in the shortsale process of their homes (bought 300K and sold 150k). After all this process they just got only lowered only 150 points of their credit score . With in one year they retained back already 100 points of their Credit scrole. Seems there isn’t much issue with SS and people are still in good shape after they did.

[5yearwaiter]

Couple of colleagues of my friend succeed in the shortsale process of their homes (bought 300K and sold 150k). After all this process they just got only lowered only 150 points of their credit score . With in one year they retained back already 100 points of their Credit scrole. Seems there isn’t much issue with SS and people are still in good shape after they did.

[5yearwaiter]

Couple of colleagues of my friend succeed in the shortsale process of their homes (bought 300K and sold 150k). After all this process they just got only lowered only 150 points of their credit score . With in one year they retained back already 100 points of their Credit scrole. Seems there isn’t much issue with SS and people are still in good shape after they did.

[5yearwaiter]

Couple of colleagues of my friend succeed in the shortsale process of their homes (bought 300K and sold 150k). After all this process they just got only lowered only 150 points of their credit score . With in one year they retained back already 100 points of their Credit scrole. Seems there isn’t much issue with SS and people are still in good shape after they did.

[5yearwaiter]

Couple of colleagues of my friend succeed in the shortsale process of their homes (bought 300K and sold 150k). After all this process they just got only lowered only 150 points of their credit score . With in one year they retained back already 100 points of their Credit scrole. Seems there isn’t much issue with SS and people are still in good shape after they did.

[5yearwaiter]

[quote=ctr70]Maybe it’s just anecdotal in the area I’m looking to buy in, but I’m noticing a lot less competition for properties after the tax credit expiration. Listing agents are now returning my calls. Sometimes even stalking me:) I go look at listings on the market and I see a lot less Realtors cards sitting on the counters. Listing agents now tell me they have none or only 1 offer. And I have heard the MLS inventory is rising a little bit.

Maybe I’m not getting a accurate picture of the market. What are other buyers or investors that are looking seeing out there?[/quote]

Very True and the way the listing prices are also reducing 20K to 40K in the ares 92127 and 92129 at some instances. Sounds like 8K tax credit might have kicked the homeprices at least 30K upward

[5yearwaiter]

[quote=ctr70]Maybe it’s just anecdotal in the area I’m looking to buy in, but I’m noticing a lot less competition for properties after the tax credit expiration. Listing agents are now returning my calls. Sometimes even stalking me:) I go look at listings on the market and I see a lot less Realtors cards sitting on the counters. Listing agents now tell me they have none or only 1 offer. And I have heard the MLS inventory is rising a little bit.

Maybe I’m not getting a accurate picture of the market. What are other buyers or investors that are looking seeing out there?[/quote]

Very True and the way the listing prices are also reducing 20K to 40K in the ares 92127 and 92129 at some instances. Sounds like 8K tax credit might have kicked the homeprices at least 30K upward

[5yearwaiter]

[quote=ctr70]Maybe it’s just anecdotal in the area I’m looking to buy in, but I’m noticing a lot less competition for properties after the tax credit expiration. Listing agents are now returning my calls. Sometimes even stalking me:) I go look at listings on the market and I see a lot less Realtors cards sitting on the counters. Listing agents now tell me they have none or only 1 offer. And I have heard the MLS inventory is rising a little bit.

Maybe I’m not getting a accurate picture of the market. What are other buyers or investors that are looking seeing out there?[/quote]

Very True and the way the listing prices are also reducing 20K to 40K in the ares 92127 and 92129 at some instances. Sounds like 8K tax credit might have kicked the homeprices at least 30K upward

[5yearwaiter]

[quote=ctr70]Maybe it’s just anecdotal in the area I’m looking to buy in, but I’m noticing a lot less competition for properties after the tax credit expiration. Listing agents are now returning my calls. Sometimes even stalking me:) I go look at listings on the market and I see a lot less Realtors cards sitting on the counters. Listing agents now tell me they have none or only 1 offer. And I have heard the MLS inventory is rising a little bit.

Maybe I’m not getting a accurate picture of the market. What are other buyers or investors that are looking seeing out there?[/quote]

Very True and the way the listing prices are also reducing 20K to 40K in the ares 92127 and 92129 at some instances. Sounds like 8K tax credit might have kicked the homeprices at least 30K upward

[5yearwaiter]

[quote=ctr70]Maybe it’s just anecdotal in the area I’m looking to buy in, but I’m noticing a lot less competition for properties after the tax credit expiration. Listing agents are now returning my calls. Sometimes even stalking me:) I go look at listings on the market and I see a lot less Realtors cards sitting on the counters. Listing agents now tell me they have none or only 1 offer. And I have heard the MLS inventory is rising a little bit.

Maybe I’m not getting a accurate picture of the market. What are other buyers or investors that are looking seeing out there?[/quote]

Very True and the way the listing prices are also reducing 20K to 40K in the ares 92127 and 92129 at some instances. Sounds like 8K tax credit might have kicked the homeprices at least 30K upward

[5yearwaiter]

[quote=sdduuuude]Did the 8K tax credit have an effect?
Lowest Mortgage Demand in 13 years.

http://news.yahoo.com/s/nm/20100519/bs_nm/us_usa_economy_mortgages%5B/quote%5D

I believe now buyers will be attractive to some exceptional credits from all sources. I agree when sellers taking benefit from loanmod, bailout and short sale(foreclose)now the time to anticipate much bargains or credits from fed to buyers. Now the time Fed would be planning another trick to get buyer(s).

[5yearwaiter]

[quote=sdduuuude]Did the 8K tax credit have an effect?
Lowest Mortgage Demand in 13 years.

http://news.yahoo.com/s/nm/20100519/bs_nm/us_usa_economy_mortgages%5B/quote%5D

I believe now buyers will be attractive to some exceptional credits from all sources. I agree when sellers taking benefit from loanmod, bailout and short sale(foreclose)now the time to anticipate much bargains or credits from fed to buyers. Now the time Fed would be planning another trick to get buyer(s).

[5yearwaiter]

[quote=sdduuuude]Did the 8K tax credit have an effect?
Lowest Mortgage Demand in 13 years.

http://news.yahoo.com/s/nm/20100519/bs_nm/us_usa_economy_mortgages%5B/quote%5D

I believe now buyers will be attractive to some exceptional credits from all sources. I agree when sellers taking benefit from loanmod, bailout and short sale(foreclose)now the time to anticipate much bargains or credits from fed to buyers. Now the time Fed would be planning another trick to get buyer(s).

[5yearwaiter]

[quote=sdduuuude]Did the 8K tax credit have an effect?
Lowest Mortgage Demand in 13 years.

http://news.yahoo.com/s/nm/20100519/bs_nm/us_usa_economy_mortgages%5B/quote%5D

I believe now buyers will be attractive to some exceptional credits from all sources. I agree when sellers taking benefit from loanmod, bailout and short sale(foreclose)now the time to anticipate much bargains or credits from fed to buyers. Now the time Fed would be planning another trick to get buyer(s).

[Author]

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