Forum Replies Created
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AuthorPosts
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Arraya
ParticipantIt does not even really matter anyway. It’s kind of like putting neosporin on a hatchet wound. Let them raise it 500K, it won’t do anyting….
Arraya
Participantjb,
Sorry about that… You’re right you can only get the purchase price. You can not get that information without a pay service. Just narrow your scope of information to houses for sale that were purchased in the last 2-3 years and watch them. That is probably the best you can do…
Arraya
Participantjb,
Sorry about that… You’re right you can only get the purchase price. You can not get that information without a pay service. Just narrow your scope of information to houses for sale that were purchased in the last 2-3 years and watch them. That is probably the best you can do…
Arraya
Participantjb,
Sorry about that… You’re right you can only get the purchase price. You can not get that information without a pay service. Just narrow your scope of information to houses for sale that were purchased in the last 2-3 years and watch them. That is probably the best you can do…
Arraya
ParticipantNot sure but I bet it has to do with some risk calcualtion…
It was just raised here in Cali in the past 2 years I believe.
Arraya
ParticipantNot sure but I bet it has to do with some risk calcualtion…
It was just raised here in Cali in the past 2 years I believe.
Arraya
ParticipantNot sure but I bet it has to do with some risk calcualtion…
It was just raised here in Cali in the past 2 years I believe.
Arraya
ParticipantJustbought,
Public records give no indication of type of loan. Probably the best indicator of potential distress is how much they financed. If the did not put money down there is no cusion if the have to sell. You can check zillow.com for that.
I take it you are watching your neighborhood for potential value drops due to distressed homeowners. If that is the case check all the homes for sale, see if the financed 100% in the past 3 years. If they did there could be problems.
Arraya
ParticipantJustbought,
Public records give no indication of type of loan. Probably the best indicator of potential distress is how much they financed. If the did not put money down there is no cusion if the have to sell. You can check zillow.com for that.
I take it you are watching your neighborhood for potential value drops due to distressed homeowners. If that is the case check all the homes for sale, see if the financed 100% in the past 3 years. If they did there could be problems.
Arraya
ParticipantJustbought,
Public records give no indication of type of loan. Probably the best indicator of potential distress is how much they financed. If the did not put money down there is no cusion if the have to sell. You can check zillow.com for that.
I take it you are watching your neighborhood for potential value drops due to distressed homeowners. If that is the case check all the homes for sale, see if the financed 100% in the past 3 years. If they did there could be problems.
Arraya
ParticipantThere is absolutely no reason to buy today. You are not doing your family justice by buying. What so you can paint it purple if you want to? If you can afford an x payment on a mortgage you can get so so much more by renting if you really wanted to. If you do not look at a house as both a home and investment you are foolish.
Why would you pay x dollars today when you could wait 18 months and get so much more house for you money. And in the mean time rent the equivalent or better and save the rest…. There is no argument for buying today.
Arraya
ParticipantThere is absolutely no reason to buy today. You are not doing your family justice by buying. What so you can paint it purple if you want to? If you can afford an x payment on a mortgage you can get so so much more by renting if you really wanted to. If you do not look at a house as both a home and investment you are foolish.
Why would you pay x dollars today when you could wait 18 months and get so much more house for you money. And in the mean time rent the equivalent or better and save the rest…. There is no argument for buying today.
Arraya
ParticipantThere is absolutely no reason to buy today. You are not doing your family justice by buying. What so you can paint it purple if you want to? If you can afford an x payment on a mortgage you can get so so much more by renting if you really wanted to. If you do not look at a house as both a home and investment you are foolish.
Why would you pay x dollars today when you could wait 18 months and get so much more house for you money. And in the mean time rent the equivalent or better and save the rest…. There is no argument for buying today.
Arraya
ParticipantI don’t think that is a defense. “Being outside the sphere of imagination.” I’ve never seen a downturn, nor am I a RE agent. But is not that hard to figure out that when prices are going down, price ahead of the curve…. Is it too much to ask to understand your job?
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