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BuyerWillEPB
ParticipantNice work. I enjoyed it.
I was getting dizzy with all the signs left, right, left, right…
ParticipantNice work. I enjoyed it.
I was getting dizzy with all the signs left, right, left, right…
ParticipantBe Careful Not to Insult
Many buyers attempting to lowball a bid can come off insulting and ridiculous. A home carries a lot of emotional attachment for some people. An unbelievably low offer can seem disrespectful. It can also make a seller give the cold shoulder to any negotiations.
——————————————————–I call Bullshit on this one!
These sellers… actually the entire real estate industry, have colluded together and used fraud, deception, even outright theft to illegally boost house prices up to insane highs.
Now they must find the next greater fools in order to keep their Ponzi scheme going. They have declared war on my family to achieve this. They want to destroy my family financially so they can escape the scam market with fat profits stolen off the backs of the average young working families.
And I am supposed to be afraid of insulting the seller?!
No, it’s the exact opposite. They are already insulting me by trying to steal my money, and my entire financial future. I have no sympathy for every rat bastard seller who has their house priced above early 2003 levels.
Finally, the illegal market has caught up to these scammers. Now, there are more than enough foreclosures already on the market for me to ignore any individual sellers in the first place. So if you are insulted by my offer, then get your piece of shit house off the market. I will only be dealing with the most desperate of foreclosure homes sold by desperate banks going into bankruptcy. The number of those foreclosures will be increasing exponentially for the next several years. So once again, if the banks don’t want to accept a Jan 2003 price then get the f@ck out of the market.
Insult the sellers? Ha! This is financial warfare now.
And remember… you MUST sell all those foreclosures, but I don’t have to buy.
ParticipantBe Careful Not to Insult
Many buyers attempting to lowball a bid can come off insulting and ridiculous. A home carries a lot of emotional attachment for some people. An unbelievably low offer can seem disrespectful. It can also make a seller give the cold shoulder to any negotiations.
——————————————————–I call Bullshit on this one!
These sellers… actually the entire real estate industry, have colluded together and used fraud, deception, even outright theft to illegally boost house prices up to insane highs.
Now they must find the next greater fools in order to keep their Ponzi scheme going. They have declared war on my family to achieve this. They want to destroy my family financially so they can escape the scam market with fat profits stolen off the backs of the average young working families.
And I am supposed to be afraid of insulting the seller?!
No, it’s the exact opposite. They are already insulting me by trying to steal my money, and my entire financial future. I have no sympathy for every rat bastard seller who has their house priced above early 2003 levels.
Finally, the illegal market has caught up to these scammers. Now, there are more than enough foreclosures already on the market for me to ignore any individual sellers in the first place. So if you are insulted by my offer, then get your piece of shit house off the market. I will only be dealing with the most desperate of foreclosure homes sold by desperate banks going into bankruptcy. The number of those foreclosures will be increasing exponentially for the next several years. So once again, if the banks don’t want to accept a Jan 2003 price then get the f@ck out of the market.
Insult the sellers? Ha! This is financial warfare now.
And remember… you MUST sell all those foreclosures, but I don’t have to buy.
ParticipantI will buy when prices revert back to pre-bubble level.
That would be early 2003 prices at a minimum. In nominal terms that puts the price at about $300K in the average neighborhoods I’m watching (Clairemont, Linda Vista, Serra Mesa etc.).
And/Or
The other method – I will buy whenever I can purchase for 3 times my annual household income.
ParticipantI will buy when prices revert back to pre-bubble level.
That would be early 2003 prices at a minimum. In nominal terms that puts the price at about $300K in the average neighborhoods I’m watching (Clairemont, Linda Vista, Serra Mesa etc.).
And/Or
The other method – I will buy whenever I can purchase for 3 times my annual household income.
ParticipantIt bothers me too when I see a house where the listing has a price range.
I think I will submit an offer price range in response.
On the offer form I’ll just fill in that my offer will be $300K – $350K.
ParticipantIt bothers me too when I see a house where the listing has a price range.
I think I will submit an offer price range in response.
On the offer form I’ll just fill in that my offer will be $300K – $350K.
Participantbob007,
Actually, that is my Plan B.
However, my original goal has always been to stay here in SD because I like it here.
My Plan A was to get my degree, get a good job, and stay in San Diego. So, I went back to school in 1999 on the GI Bill and worked my way into UCSD. While I was finishing my engineering degree, the housing prices doubled, then tripled so that by the time I finished University at the end of 2004, and got a pretty good job mid 2005, the wife and I were COMPLETELY priced out of buying anything but a fricken 40 year old condo sh!tshack in Encanto or some such thing.
Imagine that, an engineer with a household income over 100K can’t afford an average single family house even in Clairemont. And by “afford,” I mean actually afford to pay back the loan, like a 30 year fixed, not some suicide loan like the I/O, Option ARMs, crazy money rental scams like that.
So yeah, I am pretty bitter after doing all the right things and STILL can’t buy a family home.
Anyhoo… My Plan B is Wichita, Kansas. I’ve researched it a bit, and traveled there for work a couple times. They are heavy into Aerospace companies there so should be good for engineer work. Most importantly, Wichita never participated in any fraud filled housing bubble like Southern California. Go ahead and Zillow.com the area. They have lots of great single family homes for less than $150,000. It’s pretty nice country there too, they have real seasons and everything.
The most shocking thing about Wichita is that common, average, regular people can actually afford to live there (GASP! the horror!).
Participantbob007,
Actually, that is my Plan B.
However, my original goal has always been to stay here in SD because I like it here.
My Plan A was to get my degree, get a good job, and stay in San Diego. So, I went back to school in 1999 on the GI Bill and worked my way into UCSD. While I was finishing my engineering degree, the housing prices doubled, then tripled so that by the time I finished University at the end of 2004, and got a pretty good job mid 2005, the wife and I were COMPLETELY priced out of buying anything but a fricken 40 year old condo sh!tshack in Encanto or some such thing.
Imagine that, an engineer with a household income over 100K can’t afford an average single family house even in Clairemont. And by “afford,” I mean actually afford to pay back the loan, like a 30 year fixed, not some suicide loan like the I/O, Option ARMs, crazy money rental scams like that.
So yeah, I am pretty bitter after doing all the right things and STILL can’t buy a family home.
Anyhoo… My Plan B is Wichita, Kansas. I’ve researched it a bit, and traveled there for work a couple times. They are heavy into Aerospace companies there so should be good for engineer work. Most importantly, Wichita never participated in any fraud filled housing bubble like Southern California. Go ahead and Zillow.com the area. They have lots of great single family homes for less than $150,000. It’s pretty nice country there too, they have real seasons and everything.
The most shocking thing about Wichita is that common, average, regular people can actually afford to live there (GASP! the horror!).
Participant“1st rule of defense…Blame the Victim. Duh!”
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Wrong!
You are not Victims. You willingly signed the fraudulent documents and agreed to participate in the housing Ponzi scheme for your own greedy benefit. “Investors” is a much more accurate euphemism, because you did assume great risk in exchange for the chance to get rich off the backs of the regular families looking to have a house to live in.
It is the regular families who cannot afford to buy a house thanks to the illegal run up in house prices who are the Victims.
Participant“1st rule of defense…Blame the Victim. Duh!”
————————————————
Wrong!
You are not Victims. You willingly signed the fraudulent documents and agreed to participate in the housing Ponzi scheme for your own greedy benefit. “Investors” is a much more accurate euphemism, because you did assume great risk in exchange for the chance to get rich off the backs of the regular families looking to have a house to live in.
It is the regular families who cannot afford to buy a house thanks to the illegal run up in house prices who are the Victims.
ParticipantUmm, I’m kinda scared to tell him that the foreclosures are actually up over 600%.
ParticipantUmm, I’m kinda scared to tell him that the foreclosures are actually up over 600%.
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