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Alex_angel
ParticipantWhat’s fair? Someone who bought a $200k house 4 years ago and wants $680k for it today and calling it a fixer-upper or starter-home? To me that is more crooked than someone hedging their bets.
ParticipantWhat’s fair? Someone who bought a $200k house 4 years ago and wants $680k for it today and calling it a fixer-upper or starter-home? To me that is more crooked than someone hedging their bets.
ParticipantThis happened to a friend of mine but he was the guy who pulled out. He had put in $5000 as a deposit and about 6 weeks later before closing he got cold feet and bailed. He not only lost the $5000 but lost about $10000 more. Supposedly he had to pay for the time the house was taken off of the market and the interest he would have paid or something to that extent. I wish I knew exactly was it was but its not as easy as you think to walk away and the deposit is not all you lose. I will contact him to get more details.
ParticipantThis happened to a friend of mine but he was the guy who pulled out. He had put in $5000 as a deposit and about 6 weeks later before closing he got cold feet and bailed. He not only lost the $5000 but lost about $10000 more. Supposedly he had to pay for the time the house was taken off of the market and the interest he would have paid or something to that extent. I wish I knew exactly was it was but its not as easy as you think to walk away and the deposit is not all you lose. I will contact him to get more details.
May 24, 2007 at 8:20 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54691ParticipantWhat irks me is the median of $229,100. The sad part is this median is only over $200k because of California and NY. I’d hate to see what the national median home price would be without NYC/Man or Cali. It would probably be under $100k.
May 24, 2007 at 8:20 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54705ParticipantWhat irks me is the median of $229,100. The sad part is this median is only over $200k because of California and NY. I’d hate to see what the national median home price would be without NYC/Man or Cali. It would probably be under $100k.
ParticipantThe crazy thing is that when Del Sur was first announced, some communities pre-sold out of the first releases. people were willing to buy without ever looking at the model. They simply plopped down $800k for a 2000 sqft home sight unseen. Wow fast forward 2 years and thigns have changed dramatically. Sucks to be them. Del Sur will soon become a huge shopping mall IMO. There is nothing in that area so a WestField mall will workout.
ParticipantThe crazy thing is that when Del Sur was first announced, some communities pre-sold out of the first releases. people were willing to buy without ever looking at the model. They simply plopped down $800k for a 2000 sqft home sight unseen. Wow fast forward 2 years and thigns have changed dramatically. Sucks to be them. Del Sur will soon become a huge shopping mall IMO. There is nothing in that area so a WestField mall will workout.
May 21, 2007 at 8:52 AM in reply to: 4S ranch Silhouette starts to sell model homes! will it stop selling future houses?? #54066ParticipantThe models sure are nice to say the least. I wonder if the furniture comes with it or is it just the upgrades such as the applicances, fixtures, blacony , back yard etc….
May 21, 2007 at 8:52 AM in reply to: 4S ranch Silhouette starts to sell model homes! will it stop selling future houses?? #54077ParticipantThe models sure are nice to say the least. I wonder if the furniture comes with it or is it just the upgrades such as the applicances, fixtures, blacony , back yard etc….
ParticipantI haven’t bought but after speaking to a mortgage lender this was a second option. I can put down anywhere from 5-10% of the home but that would still require a 80/15/5 type loan. For the second loan it was mentioned a HELOC can be used or I can get into a fixed rate. The benefit of the HELOC is that if I do pay it down that credit is available if I ever had a need for a huge amount of cash in an emergency. The drawback is the chaning interest rate.
ParticipantI haven’t bought but after speaking to a mortgage lender this was a second option. I can put down anywhere from 5-10% of the home but that would still require a 80/15/5 type loan. For the second loan it was mentioned a HELOC can be used or I can get into a fixed rate. The benefit of the HELOC is that if I do pay it down that credit is available if I ever had a need for a huge amount of cash in an emergency. The drawback is the chaning interest rate.
Participantnothing. Seriously. There is an article posted here by someone that was in the Union tribune on May 13 that stated some builders have took small losses to pull out of Del Sur.
Del Sur is quickly becoming what the monorail did. All hype to the build then years after it was never used and ll of the surrounding land was nothing but dust and debris.
Participantnothing. Seriously. There is an article posted here by someone that was in the Union tribune on May 13 that stated some builders have took small losses to pull out of Del Sur.
Del Sur is quickly becoming what the monorail did. All hype to the build then years after it was never used and ll of the surrounding land was nothing but dust and debris.
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