[an]

[quote=sdrealtor]Dont foget the termites and whores. We have them too.[/quote]
I know, especially the development on the hill in Solana Beach. Not only do you have to deal the sub standard sea of tract homes, you have to deal with the termites, whores, and the constant overcast.

[an]

[quote=sdrealtor]Dont foget the termites and whores. We have them too.[/quote]
I know, especially the development on the hill in Solana Beach. Not only do you have to deal the sub standard sea of tract homes, you have to deal with the termites, whores, and the constant overcast.

[an]

[quote=sdcellar]Details? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.

What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).

If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.

As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.[/quote]
You know what, my original data point still stand. If you want to discuss detail, feel free to PM me, but we’ve taken this way off topic already. I’ll make it nice and clear for you since you still can’t seem to grasp the original point. I’m paying less than 50% in term of monthly payment compare to comparable house sold in 2000.

[an]

[quote=sdcellar]Details? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.

What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).

If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.

As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.[/quote]
You know what, my original data point still stand. If you want to discuss detail, feel free to PM me, but we’ve taken this way off topic already. I’ll make it nice and clear for you since you still can’t seem to grasp the original point. I’m paying less than 50% in term of monthly payment compare to comparable house sold in 2000.

[an]

[quote=sdcellar]Details? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.

What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).

If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.

As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.[/quote]
You know what, my original data point still stand. If you want to discuss detail, feel free to PM me, but we’ve taken this way off topic already. I’ll make it nice and clear for you since you still can’t seem to grasp the original point. I’m paying less than 50% in term of monthly payment compare to comparable house sold in 2000.

[an]

[quote=sdcellar]Details? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.

What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).

If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.

As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.[/quote]
You know what, my original data point still stand. If you want to discuss detail, feel free to PM me, but we’ve taken this way off topic already. I’ll make it nice and clear for you since you still can’t seem to grasp the original point. I’m paying less than 50% in term of monthly payment compare to comparable house sold in 2000.

[an]

[quote=sdcellar]Details? I think you may have that reversed. Forest and trees, same thing. I’d answer your “tipping” question, but unfortunately, that requires detail and I’m not sure if that’s allowed.

What I can say is you ignore square footage when it suits you and things like cul-de-sacs, location and lot sizes (and layouts).

If you saw the forest, you’d understand that even historically, some people made better and worse purchases, but you ignore that and make stunning assumptions. You seem to have a predilection to gravitate toward the ones that make you look better.

As far as refinancing, I was talking about your rate, not the comps (which makes no sense to me, btw). Using the same 80% LTV, I just can’t get the numbers you can for the rough rate it was at the time you bought.[/quote]
You know what, my original data point still stand. If you want to discuss detail, feel free to PM me, but we’ve taken this way off topic already. I’ll make it nice and clear for you since you still can’t seem to grasp the original point. I’m paying less than 50% in term of monthly payment compare to comparable house sold in 2000.

[an]

[quote=sdcellar]It was a fun lunchtime project, but I now that I know the details of the comps, yes, you’re doing a lot of guessing. Are you factoring in a refinance as well?

Can we ever have a discussion where you don’t tip every variable in your favor to the fullest extent possible?[/quote]
No refinancing. I just use their purchase price – 20% down to get an estimate of what their original loan would be. I provided all my data for you to see. I use the sold price, the date it was sold, then I go here:http://mortgage-x.com/general/historical_rates.asp, and find out what the rate was at that time. Please do tell where I’m “tipping” the variables? Also, please do tell what I’m guessing on?

Can we ever have a discussion where you see the forest from the trees? You seem to get bogged down on the nitty gritty details trying to disprove my point that you often time fail to see what my original point was.

[an]

[quote=sdcellar]It was a fun lunchtime project, but I now that I know the details of the comps, yes, you’re doing a lot of guessing. Are you factoring in a refinance as well?

Can we ever have a discussion where you don’t tip every variable in your favor to the fullest extent possible?[/quote]
No refinancing. I just use their purchase price – 20% down to get an estimate of what their original loan would be. I provided all my data for you to see. I use the sold price, the date it was sold, then I go here:http://mortgage-x.com/general/historical_rates.asp, and find out what the rate was at that time. Please do tell where I’m “tipping” the variables? Also, please do tell what I’m guessing on?

Can we ever have a discussion where you see the forest from the trees? You seem to get bogged down on the nitty gritty details trying to disprove my point that you often time fail to see what my original point was.

[an]

[quote=sdcellar]It was a fun lunchtime project, but I now that I know the details of the comps, yes, you’re doing a lot of guessing. Are you factoring in a refinance as well?

Can we ever have a discussion where you don’t tip every variable in your favor to the fullest extent possible?[/quote]
No refinancing. I just use their purchase price – 20% down to get an estimate of what their original loan would be. I provided all my data for you to see. I use the sold price, the date it was sold, then I go here:http://mortgage-x.com/general/historical_rates.asp, and find out what the rate was at that time. Please do tell where I’m “tipping” the variables? Also, please do tell what I’m guessing on?

Can we ever have a discussion where you see the forest from the trees? You seem to get bogged down on the nitty gritty details trying to disprove my point that you often time fail to see what my original point was.

[an]

[quote=sdcellar]It was a fun lunchtime project, but I now that I know the details of the comps, yes, you’re doing a lot of guessing. Are you factoring in a refinance as well?

Can we ever have a discussion where you don’t tip every variable in your favor to the fullest extent possible?[/quote]
No refinancing. I just use their purchase price – 20% down to get an estimate of what their original loan would be. I provided all my data for you to see. I use the sold price, the date it was sold, then I go here:http://mortgage-x.com/general/historical_rates.asp, and find out what the rate was at that time. Please do tell where I’m “tipping” the variables? Also, please do tell what I’m guessing on?

Can we ever have a discussion where you see the forest from the trees? You seem to get bogged down on the nitty gritty details trying to disprove my point that you often time fail to see what my original point was.

[an]

[quote=sdcellar]It was a fun lunchtime project, but I now that I know the details of the comps, yes, you’re doing a lot of guessing. Are you factoring in a refinance as well?

Can we ever have a discussion where you don’t tip every variable in your favor to the fullest extent possible?[/quote]
No refinancing. I just use their purchase price – 20% down to get an estimate of what their original loan would be. I provided all my data for you to see. I use the sold price, the date it was sold, then I go here:http://mortgage-x.com/general/historical_rates.asp, and find out what the rate was at that time. Please do tell where I’m “tipping” the variables? Also, please do tell what I’m guessing on?

Can we ever have a discussion where you see the forest from the trees? You seem to get bogged down on the nitty gritty details trying to disprove my point that you often time fail to see what my original point was.

[an]

Again, here are the comps for 2001:
2000 sq-ft $360k
2000 sq-ft $359k
2000 sq-ft $340k
2300 sq-ft $359k
2300 sq-ft $359k
2300 sq-ft $343k
2300 sq-ft $338k

As you can see, the 2300 sq-ft floor plan sell roughly for the same as the 2000 sq-ft floor plan in 2001. So, I have to assume it would be selling for similar prices in 2000 as well.

The 2 sold comps for the 2300 sq-ft house in 2000 are:
2300 sq-ft $285k
2300 sq-ft $324k

Also, the 2000 sq-ft floor plan usually sell for ~5-10% more than the 1800 sq-ft floor plan and the one 1800 sq-ft floor plan that was sold in 2000 is:
1800 sq-ft $275k

Also, the 2000 sq-ft floor plan usually sell for ~15% higher than the 1600 sq-ft floor plan. These are the sold comps for the 1600 sq-ft floor plan in 2000:
600 sq-ft $260k
1600 sq-ft $274k
1600 sq-ft $267k

So, if I have to guess, the 2000 sq-ft floor plan market value would be around $285k-$325k depending on location and condition.

Using the 3 comps in 2001, the median is $359k and the average is $353k. Using the $360k sold in May with rates ~7.15%, payment was 7% higher than mine. Using the $359k sold in August with rates 7%, payment was 5.7% higher than mine. Using the $340k sold in June with rates 7.11%, payment was 1% higher than mine.

Since there’s no exact sold comp in 2000 other than the $250k, I’ll just leave it at that and say that owner was paying 15-20% less than me. Still not bad for being 10 years apart.

[an]

Again, here are the comps for 2001:
2000 sq-ft $360k
2000 sq-ft $359k
2000 sq-ft $340k
2300 sq-ft $359k
2300 sq-ft $359k
2300 sq-ft $343k
2300 sq-ft $338k

As you can see, the 2300 sq-ft floor plan sell roughly for the same as the 2000 sq-ft floor plan in 2001. So, I have to assume it would be selling for similar prices in 2000 as well.

The 2 sold comps for the 2300 sq-ft house in 2000 are:
2300 sq-ft $285k
2300 sq-ft $324k

Also, the 2000 sq-ft floor plan usually sell for ~5-10% more than the 1800 sq-ft floor plan and the one 1800 sq-ft floor plan that was sold in 2000 is:
1800 sq-ft $275k

Also, the 2000 sq-ft floor plan usually sell for ~15% higher than the 1600 sq-ft floor plan. These are the sold comps for the 1600 sq-ft floor plan in 2000:
600 sq-ft $260k
1600 sq-ft $274k
1600 sq-ft $267k

So, if I have to guess, the 2000 sq-ft floor plan market value would be around $285k-$325k depending on location and condition.

Using the 3 comps in 2001, the median is $359k and the average is $353k. Using the $360k sold in May with rates ~7.15%, payment was 7% higher than mine. Using the $359k sold in August with rates 7%, payment was 5.7% higher than mine. Using the $340k sold in June with rates 7.11%, payment was 1% higher than mine.

Since there’s no exact sold comp in 2000 other than the $250k, I’ll just leave it at that and say that owner was paying 15-20% less than me. Still not bad for being 10 years apart.

[an]

Again, here are the comps for 2001:
2000 sq-ft $360k
2000 sq-ft $359k
2000 sq-ft $340k
2300 sq-ft $359k
2300 sq-ft $359k
2300 sq-ft $343k
2300 sq-ft $338k

As you can see, the 2300 sq-ft floor plan sell roughly for the same as the 2000 sq-ft floor plan in 2001. So, I have to assume it would be selling for similar prices in 2000 as well.

The 2 sold comps for the 2300 sq-ft house in 2000 are:
2300 sq-ft $285k
2300 sq-ft $324k

Also, the 2000 sq-ft floor plan usually sell for ~5-10% more than the 1800 sq-ft floor plan and the one 1800 sq-ft floor plan that was sold in 2000 is:
1800 sq-ft $275k

Also, the 2000 sq-ft floor plan usually sell for ~15% higher than the 1600 sq-ft floor plan. These are the sold comps for the 1600 sq-ft floor plan in 2000:
600 sq-ft $260k
1600 sq-ft $274k
1600 sq-ft $267k

So, if I have to guess, the 2000 sq-ft floor plan market value would be around $285k-$325k depending on location and condition.

Using the 3 comps in 2001, the median is $359k and the average is $353k. Using the $360k sold in May with rates ~7.15%, payment was 7% higher than mine. Using the $359k sold in August with rates 7%, payment was 5.7% higher than mine. Using the $340k sold in June with rates 7.11%, payment was 1% higher than mine.

Since there’s no exact sold comp in 2000 other than the $250k, I’ll just leave it at that and say that owner was paying 15-20% less than me. Still not bad for being 10 years apart.

[Author]

Posts