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CAwireman
Participant[quote=Whawk] I am pretty happy we can roll out from here with living on 1 income.
[/quote]Yeah, we are doing the same. But, its a bit on the tight side budget-wise. My wife may begin working PT later on after our baby gets into school.
Just because you could get by on one income, I’m guessing rightly or wrongly, that you are still rolling with 2, which is great if it doesn’t cause you all any grief. All the best on your place.
Participant[quote=Whawk] I am pretty happy we can roll out from here with living on 1 income.
[/quote]Yeah, we are doing the same. But, its a bit on the tight side budget-wise. My wife may begin working PT later on after our baby gets into school.
Just because you could get by on one income, I’m guessing rightly or wrongly, that you are still rolling with 2, which is great if it doesn’t cause you all any grief. All the best on your place.
Participant[quote=Whawk] I am pretty happy we can roll out from here with living on 1 income.
[/quote]Yeah, we are doing the same. But, its a bit on the tight side budget-wise. My wife may begin working PT later on after our baby gets into school.
Just because you could get by on one income, I’m guessing rightly or wrongly, that you are still rolling with 2, which is great if it doesn’t cause you all any grief. All the best on your place.
ParticipantThanks for the well wishes.
Masayako congrats. Our stats were a little different, but is sounds like we bagged comparable homes. I will brag (if you can call paying the points required to pull it off bragging.)that we have an interest rate of 4.25 %, and paid dearly for it. But, regardless of what we paid to get that rate just a short time ago, to get the same rate today, would cost another $2k in points since the rates have ratched up in the last couple of weeks since we locked. But, it was an REO, and needs work up front before we move in, and ongoing TLC thereafter. We went over there last night
with Pizza, used a laptop as a campfire to eat by as the utilites had been turned off at noon, and spent a few hours in our new place. Our 18 year old son hadn’t seen it yet, so it was his first time checking it out. He digs it!CAR – for me, I had a house up in LA, bought it in 92, and left it in 98 (owing slightly more that it was worth due to deflation). So, we’ve been sitting on the sidelines, trying to pick up valuable insights to allow us to make a good decision. Since leaving the other property, its been about 13 years (not difficult to do the math, I know). Hard to believe the waiting is over. Without sites like Piggington, calc risk, and all the RE sites, etc, I dare say, we would probably be in a more expensive home which would be more of a financial burden than it should.
JP – thanks. We have a ways to go before we are there. We have to paint, re-carpet, etc. And, oh, by the way, my wife’s scheduled to deliver on Feb 28th. (no pressure or anyting….)
As this point, I SHOULD stop looking at the RE market, and count my blessings. But, with the potential in to some, certainty, for more RE deflation, there’s ample opportunity for second guessing myself. Maybe we need some capable webmaster to create a blog for emotional and pschological support for recovering home buyers….
Or, home moaners…ParticipantThanks for the well wishes.
Masayako congrats. Our stats were a little different, but is sounds like we bagged comparable homes. I will brag (if you can call paying the points required to pull it off bragging.)that we have an interest rate of 4.25 %, and paid dearly for it. But, regardless of what we paid to get that rate just a short time ago, to get the same rate today, would cost another $2k in points since the rates have ratched up in the last couple of weeks since we locked. But, it was an REO, and needs work up front before we move in, and ongoing TLC thereafter. We went over there last night
with Pizza, used a laptop as a campfire to eat by as the utilites had been turned off at noon, and spent a few hours in our new place. Our 18 year old son hadn’t seen it yet, so it was his first time checking it out. He digs it!CAR – for me, I had a house up in LA, bought it in 92, and left it in 98 (owing slightly more that it was worth due to deflation). So, we’ve been sitting on the sidelines, trying to pick up valuable insights to allow us to make a good decision. Since leaving the other property, its been about 13 years (not difficult to do the math, I know). Hard to believe the waiting is over. Without sites like Piggington, calc risk, and all the RE sites, etc, I dare say, we would probably be in a more expensive home which would be more of a financial burden than it should.
JP – thanks. We have a ways to go before we are there. We have to paint, re-carpet, etc. And, oh, by the way, my wife’s scheduled to deliver on Feb 28th. (no pressure or anyting….)
As this point, I SHOULD stop looking at the RE market, and count my blessings. But, with the potential in to some, certainty, for more RE deflation, there’s ample opportunity for second guessing myself. Maybe we need some capable webmaster to create a blog for emotional and pschological support for recovering home buyers….
Or, home moaners…ParticipantThanks for the well wishes.
Masayako congrats. Our stats were a little different, but is sounds like we bagged comparable homes. I will brag (if you can call paying the points required to pull it off bragging.)that we have an interest rate of 4.25 %, and paid dearly for it. But, regardless of what we paid to get that rate just a short time ago, to get the same rate today, would cost another $2k in points since the rates have ratched up in the last couple of weeks since we locked. But, it was an REO, and needs work up front before we move in, and ongoing TLC thereafter. We went over there last night
with Pizza, used a laptop as a campfire to eat by as the utilites had been turned off at noon, and spent a few hours in our new place. Our 18 year old son hadn’t seen it yet, so it was his first time checking it out. He digs it!CAR – for me, I had a house up in LA, bought it in 92, and left it in 98 (owing slightly more that it was worth due to deflation). So, we’ve been sitting on the sidelines, trying to pick up valuable insights to allow us to make a good decision. Since leaving the other property, its been about 13 years (not difficult to do the math, I know). Hard to believe the waiting is over. Without sites like Piggington, calc risk, and all the RE sites, etc, I dare say, we would probably be in a more expensive home which would be more of a financial burden than it should.
JP – thanks. We have a ways to go before we are there. We have to paint, re-carpet, etc. And, oh, by the way, my wife’s scheduled to deliver on Feb 28th. (no pressure or anyting….)
As this point, I SHOULD stop looking at the RE market, and count my blessings. But, with the potential in to some, certainty, for more RE deflation, there’s ample opportunity for second guessing myself. Maybe we need some capable webmaster to create a blog for emotional and pschological support for recovering home buyers….
Or, home moaners…ParticipantThanks for the well wishes.
Masayako congrats. Our stats were a little different, but is sounds like we bagged comparable homes. I will brag (if you can call paying the points required to pull it off bragging.)that we have an interest rate of 4.25 %, and paid dearly for it. But, regardless of what we paid to get that rate just a short time ago, to get the same rate today, would cost another $2k in points since the rates have ratched up in the last couple of weeks since we locked. But, it was an REO, and needs work up front before we move in, and ongoing TLC thereafter. We went over there last night
with Pizza, used a laptop as a campfire to eat by as the utilites had been turned off at noon, and spent a few hours in our new place. Our 18 year old son hadn’t seen it yet, so it was his first time checking it out. He digs it!CAR – for me, I had a house up in LA, bought it in 92, and left it in 98 (owing slightly more that it was worth due to deflation). So, we’ve been sitting on the sidelines, trying to pick up valuable insights to allow us to make a good decision. Since leaving the other property, its been about 13 years (not difficult to do the math, I know). Hard to believe the waiting is over. Without sites like Piggington, calc risk, and all the RE sites, etc, I dare say, we would probably be in a more expensive home which would be more of a financial burden than it should.
JP – thanks. We have a ways to go before we are there. We have to paint, re-carpet, etc. And, oh, by the way, my wife’s scheduled to deliver on Feb 28th. (no pressure or anyting….)
As this point, I SHOULD stop looking at the RE market, and count my blessings. But, with the potential in to some, certainty, for more RE deflation, there’s ample opportunity for second guessing myself. Maybe we need some capable webmaster to create a blog for emotional and pschological support for recovering home buyers….
Or, home moaners…ParticipantThanks for the well wishes.
Masayako congrats. Our stats were a little different, but is sounds like we bagged comparable homes. I will brag (if you can call paying the points required to pull it off bragging.)that we have an interest rate of 4.25 %, and paid dearly for it. But, regardless of what we paid to get that rate just a short time ago, to get the same rate today, would cost another $2k in points since the rates have ratched up in the last couple of weeks since we locked. But, it was an REO, and needs work up front before we move in, and ongoing TLC thereafter. We went over there last night
with Pizza, used a laptop as a campfire to eat by as the utilites had been turned off at noon, and spent a few hours in our new place. Our 18 year old son hadn’t seen it yet, so it was his first time checking it out. He digs it!CAR – for me, I had a house up in LA, bought it in 92, and left it in 98 (owing slightly more that it was worth due to deflation). So, we’ve been sitting on the sidelines, trying to pick up valuable insights to allow us to make a good decision. Since leaving the other property, its been about 13 years (not difficult to do the math, I know). Hard to believe the waiting is over. Without sites like Piggington, calc risk, and all the RE sites, etc, I dare say, we would probably be in a more expensive home which would be more of a financial burden than it should.
JP – thanks. We have a ways to go before we are there. We have to paint, re-carpet, etc. And, oh, by the way, my wife’s scheduled to deliver on Feb 28th. (no pressure or anyting….)
As this point, I SHOULD stop looking at the RE market, and count my blessings. But, with the potential in to some, certainty, for more RE deflation, there’s ample opportunity for second guessing myself. Maybe we need some capable webmaster to create a blog for emotional and pschological support for recovering home buyers….
Or, home moaners…ParticipantTG,
I was lucky enough to go to the SDSU/UNLV game recently. Also had the pleasure of being on the invitation list for a private intro to the new FB coach, Ricky Long, the night of the game. I believe, Sept 24th is the first SDSU/Michigan game, so we’ll see how Long does against Brady Hoke and his new team.
The Aztec’s played a great Basketball game and took UNLV.
I’m not an alumni, but had a great time and my son is planning to go to SDSU.
ParticipantTG,
I was lucky enough to go to the SDSU/UNLV game recently. Also had the pleasure of being on the invitation list for a private intro to the new FB coach, Ricky Long, the night of the game. I believe, Sept 24th is the first SDSU/Michigan game, so we’ll see how Long does against Brady Hoke and his new team.
The Aztec’s played a great Basketball game and took UNLV.
I’m not an alumni, but had a great time and my son is planning to go to SDSU.
ParticipantTG,
I was lucky enough to go to the SDSU/UNLV game recently. Also had the pleasure of being on the invitation list for a private intro to the new FB coach, Ricky Long, the night of the game. I believe, Sept 24th is the first SDSU/Michigan game, so we’ll see how Long does against Brady Hoke and his new team.
The Aztec’s played a great Basketball game and took UNLV.
I’m not an alumni, but had a great time and my son is planning to go to SDSU.
ParticipantTG,
I was lucky enough to go to the SDSU/UNLV game recently. Also had the pleasure of being on the invitation list for a private intro to the new FB coach, Ricky Long, the night of the game. I believe, Sept 24th is the first SDSU/Michigan game, so we’ll see how Long does against Brady Hoke and his new team.
The Aztec’s played a great Basketball game and took UNLV.
I’m not an alumni, but had a great time and my son is planning to go to SDSU.
ParticipantTG,
I was lucky enough to go to the SDSU/UNLV game recently. Also had the pleasure of being on the invitation list for a private intro to the new FB coach, Ricky Long, the night of the game. I believe, Sept 24th is the first SDSU/Michigan game, so we’ll see how Long does against Brady Hoke and his new team.
The Aztec’s played a great Basketball game and took UNLV.
I’m not an alumni, but had a great time and my son is planning to go to SDSU.
December 31, 2010 at 11:19 AM in reply to: This news is good for those who haven’t bought, yet. #646655ParticipantShorting opportunities for builders/banks…
http://seekingalpha.com/article/94640-great-shorting-opportunities-ahead-in-home-builders-banks
Despite rising mortgage rates and tightening credit, the share prices of US House Builders soared Tuesday. Some of the gains were of the nose-bleed variety, such as Meritage Homes (MTH) (+18.1%), KB Homes (KBH) (+14.2%), Beazer Homes (BZH) (+13.3%) and DR Horton (DHI) (+12.2%).
Traders are being told that rates will now come down (despite inflation and the crowding out in the capital markets as banks scramble to recapitalize) and credit will ease (despite special loan departments at the banks working overtime to squeeze their clients).
I think the market is setting up a terrific shorting opportunity in the residential construction companies, and in the weakest banks and dealers.
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I remember when there were a lot of folks on this panel shorting lenders and I think builders. Is that time again upon us? -
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