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bearishgurl
Participant[quote=spdrun]So you claim that no one is ever wrong? Guess the KKK and the flat earth society just have differing opinions.[/quote]
LOL …
bearishgurl
Participant[quote=Ren] . . . I’ve got a boat to catch.[/quote]
Uhhh, Ren?
. . . .
I hope you are able to find exactly what you are looking for when shopping for your next home, since you yourself seem to be somewhat averse to MR.
Have a nice trip!
bearishgurl
Participant[quote=spdrun]CA doesn’t have hoods? Not to mention a strong meth culture? News to me. As far as being polite: if someone is causing the stress, it’s not rude to tell them.[/quote]
Yes, spdrun, CA DOES have ‘hoods … not really in SD, though. As far as a “strong meth culture,” most of that in SD County was run out on a rail by Supervisor Jacob et al by about ’99. That “meth culture” has now been able to “entrench themselves” in the rural areas of the “flyover states.”
Sad, because these areas have never had the law enforcement numbers to combat it properly, hence the DEA/NTF moving around and strategically setting up nondescript “trailers” all over the place in there.
Signed,
Frequent motorist in certain “flyover states.”
bearishgurl
ParticipantSo, LA, will you rent here until you have to transfer for your job?
btw: congrats on your successful FSBO sale!
bearishgurl
ParticipantBack to the OP.
I’m hoping prices keep firming up everywhere and lift all boats. I’m doing improvements little by little and am in hopes I can get the price I need in two years. If not, my improvements will no doubt fetch a higher monthly rent.
I’ve stopped caring about the “shadow” inventory trickle … even though we all know this and (the mostly unsuccessful) “loan mods” are enabling FB’s to stay in “their” homes for “free” or “on the cheap.” If the slow “trickle” by the Big Banks and others keeps prices firmed up and helps future potential sellers like me move on down the road, that is all I care about.
The local inventory can go down to zip, for all I care. If it does, this is less competition for those who actually want/need to sell.
bearishgurl
Participant[quote=Ren] . . . To each his own. Is that clearer? Just because someone doesn’t agree with your definition of a good piece of property doesn’t make them stupid, and I’m sick of you insinuating that it does.[/quote]
No one is calling anyone “stupid,” here, Ren. Perhaps you have a “chip” on your shoulder.
The houses you are describing with small kitchens and substandard (less than 8′) ceilings (listings that you viewed or perhaps you rented them??) are obviously longtime rentals and/or lower-end homes (under about $350K). Both of these things can be fixed. A substandard lot encumbered by $4K of MR annually cannot be fixed.
For the record, I am not against HOA’s. I realize condo complexes need them. They also serve a purpose on SFR tracts IF their dues are less than $500 annually. These types of assns keep up appearances on the tract and minimally intrude on each owners property rights. I DO feel that neighborhood stability and resalability is threatened, however, if the dues on an SFR tract are more than $100 mo and/or if there is more than one HOA encumbering the same tract.
Ren, I would be curious if you have ever viewed older homes which are (currently) priced $450K to $850K. If you had, you would find they don’t have “tiny kitchens” and “substandard ceilings” unless they are 0-4 bl from the ocean (it’s not likely any of these are available anymore).
The best pieces of property (investment-wise) are always in the best locations. The location, “, ” doctrine has never changed. These properties, if situated in CA coastal counties, are almost always older (unless it is a more recent infill “spec” home). No one can fix this. It will always be so.
bearishgurl
Participant[quote=Fearful]Here’s your casita:
Look, it’s got a skylight and everything.[/quote]
LOL! Except there’s no electrical and plumbing. The MIL will have to use a camp lantern and the bathroom and kitchen in the OP’s house. That’s not very “independent.” :=0
bearishgurl
Participant[quote=AN]This Rolex Datejust is pretty subdued: http://www.google.com/products/catalog?q=rolex+datejust&hl=en&prmd=imvns&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&ion=1&biw=1440&bih=1025&um=1&ie=UTF-8&tbm=shop&cid=3147243792747068584&sa=X&ei=w-MFUILhFKbC2wW7wKSrBQ&ved=0CGYQ8gIwBQ
If Brian wants Omega, I think the Constellation: http://www.google.com/products/catalog?q=omega+constellation+mens&hl=en&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&biw=1440&bih=1025&um=1&ie=UTF-8&tbm=shop&cid=7279346229338301616&sa=X&ei=e-QFUJiXM9Ly2gW3zfWoBQ&ved=0CFcQ8gIwAQ is pretty subdued too.
[/quote]Both classy, beautiful watches. The prices are breathtaking! I had no idea. . .
bearishgurl
Participant[quote=spdrun]As long the house is usable for you and you can afford it, who gives a rodent’s gluteus what the “offical” bedroom count is? Closets are child’s play to add i.e. a fun weekend project.
For the record, my apartment originally had two bedrooms. Each one was about 7′ x 14′, both with floor-to-ceiling windows.[/quote]
So you have ONE 14 x 14 bdrm now with a “wall of windows?”
Sounds fantastic, spdrun! Do they look over anything interesting (except fire escapes)?
Someday I’ll get to NY (Manhattan) and try to act like a “local.” My kids have been there on school trips but I have not so I will bring one or more of them along to “show me the ropes.” Unfortunately, I don’t have that “New Yawk” accent so may not blend in very well :=0
bearishgurl
ParticipantIn every house I’ve had, I always took the rod out of the closet in the smallest (4th) bedroom and placed my two lateral files in there which are 5’6″ high each. They fit under the closet shelf perfectly. Each one opens to a different sliding door. That room is my study and where I spend the most time :=]
bearishgurl
Participant[quote=Ren]…I think it’s irrational to buy a functionally obsolete house just because the lot is 2ksf bigger and I can paint the exterior purple. I’d rather have a walk-in closet and not have to look at my neighbor’s purple house…[/quote]
Ren . . . so many misconceptions here.
Yes, I DO believe that the majority of younger homebuyers gravitate to new construction after viewing just 0-3 resales. They view the “functionally obsolete” resales which may have been longtime rentals or owned by an octogenarian or someone’s estate where the homeowner lived there for 40-60 yrs, don’t like what they see and then make a beeline out to a new construction site! They typically don’t want to wait for a suitable resale property to come on the market and/or lose interest quickly in the current resale listings because they can’t see past the avocado green carpeting and linoleum. The vast majority of RE listings today in SD County’s most sought-after areas are NOT “functionally obsolete.” Most have had new HVAC, repaired plumbing, updated electrical, new windows, new roof, new stucco, etc, etc.
In the SD suburbs (i.e. Chula, EC, LM, etc), the lots aren’t just 2K bigger in the older homes, Ren. They avg 3-4K bigger (nearly twice as big)! The size of the new construction lots in the same price range of a nearby older home (using $350-$450K here) typically have 3500-4500 sf (substandard) lots.
I can tell you that in my immediate area of about 100+ 60-65 yr old homes, there are at least 20-25 walk-in closets (some were added by an owner). Have you ever been to Coronado, Ren? MOST of the homes there (which were NOT gut/rebuilds) have walk-in closets. In two neighborhoods there, the closets are bigger than a bedroom and have an 8×8 ft built in chest of drawers in the middle of the closet (w/drawers on 2-3 sides, incl jewelry/sock drawers)! These closets have racks on all four sides! These houses are ALL more than 75 yrs old! On a smaller scale, some houses in North Park and South Park (SD) have walk-in closets. Many, many tract homes in Pt Loma which are 55+ yrs old have walls and walls of cabinets throughout the homes including in the dining room, family room, hallway and bedrooms and also built-in dressers and china cabinets. Yes, they were originally built this way! Older tracts like this can also be found in College Area and Del Cerro.
You won’t be able see any of this if your first house-shopping stop is out in lizardland at the new construction site.
And I’ve never seen a purple house in SD. Out of the 250 60+ yo homes around me (no HOAs), I know of ONE bright green one! The rest are light, muted colors and earth tones. And HOAs DO exist in older neighborhoods as well.
Perhaps the REAL reason for the knee-jerk preference for new construction in this demographic is builder-assisted financing. I can’t imagine that it is completely about schools, since there are many GREAT schools in non-MR attendance areas. The “builder-assist” may very well eliminate the need for a percentage of the downpayment wherein the buyer won’t be subject to PMI underwriting or PMI. But the costly (often VERY costly) MR encumbrance is NOT a fair tradeoff for this buyer assistance, IMHO.
bearishgurl
ParticipantTed, it is jurisdictional, but in SD County, I believe all small rooms (except off master suite) could be included in the bdrm count but there should be a notation in the comment section of the listing that one of the bedrooms is currently a study and does not have a built-in closet. It is simple to add a closet so it could be used as a bedroom.
Conversely, the assessor could state that a property has 3-4 bedrooms when it only currently has 2-3 because a former owner knocked down a wall between two bdrms to obtain a bigger bdrm. Lots of people do this without permits so the assessor would never learn of it. A new buyer is free to turn the big bdrm back into two bdrms.
I wouldn’t worry too much about the exact number of rooms the assessor states a property should have. A red flag on the assessment roll would be if it states the property is substantially smaller than what it currently appears to be (>=300 sf). This likely indicates a non-permitted room addition was built at some point in time for which the new buyer could have to get thoroughly inspected and pay back fees for (or possibly have to tear down) if he/she brings it to the attention of the planning dept while seeking permits to upgrade or change it.
Many houses built prior to 1933 do not have closets in all of the bdrms. In SF, only about 10% of all bedrooms there have built-in closets but yet they are ALL referred to as “bedrooms.” Ikea does a brisk business there selling various size “closets” (complete with drawers and organizers) :=]
bearishgurl
Participant[quote=flyer] . . . We happen to have some very strong beliefs about eternity, so this short lifetime we spend on earth is really just a moment in time anyway.[/quote]
Agree that this is a “good plan,” flyer. Having lost all but one of my (original) immediate family to death, I understand … completely.
We all need to make whatever time we have on this planet count and pursue our dreams with vengeance!
bearishgurl
Participant[quote=spdrun]Hope you used the wine to drink a toast to the meter maid who originally wrote the ticket getting hit by a truck.
So basically, the Californicator way is to bend over and take it, even if undeserved?[/quote]
LOL . . .
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