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Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.Cosmo31
ParticipantEnorah,
Very simple: find an area you would love to live in. I mean the ideal area (but within reason) for you and your spouse. Once your dream home comes on the market for a price you can comfortably pay, buy it. It’s your dream home so you can live in it for 15+ years.
Stop trying to time the market. You didn’t buy with all the other lemmings back at the height so you are golden. Stop stressing. Unless you want to make a total killing with an investment property; that I can’t help you with.July 29, 2008 at 11:41 AM in reply to: Banks making it impossible to buy their glut of properties #248674Cosmo31
ParticipantThanks to Greater and Lesser Yoda for all the input. You have eased some of my fears about this purchase addendum and you will probably make my last two days of vacation a bit less alcohol laden because my decreased stress level. Yes, I am thinking about this purchase during my vacation. It happens to fall on my Big Bear get-away, hence my late response to all the useful information.
Urban,
You were spot-on with the 3 different inspection periods listed in the same paragraph. I was under the impression that 17 days was required by law. The addendum says the buyer must inspect the property within 17 calendar days from the “Financial Terms Acknowledgement Date” but buyer must notify the seller of “objections to the condition” (dead bodies covered in mold) within 10 calendar days. However, if the seller makes repairs, 15 days after the repair is the duration of the inspection time. Can’t the hermetically sealed gnomes take an average and say 14 days is the universal inspection time? We will definitely clarify the time for inspection.I’m still not clear about the “Lending contingency period.” I have no contingencies such as buying this home is contingent upon selling another. But I am not sure if that example is one you are speaking of. Do all property purchases have contingency periods?
SD,
With all the good advice you have graciously bestowed, I have trouble calling you ‘Lesser Yoda.’ I think Urban is a gifted yet overzealous young jedi.I’m glad the examples listed from the addendum did not seem so completely out of the ordinary to you. My big question was whether this contract was as bogus as my loan agent said. You have shown me that I am possibly injecting a bit too much fear into this process. Oh, let me inject some more fear: my biggest fear is that this middleman company will string out the process and milk me for the $510.00/day penalty because they are dirty, low-down, faceless, nameless, slime-oosing, tentacle-dragging, bottom feeders. Or, maybe they are fair agents trying to unload homes in a timely fashion. There is NO way for me to know. Even though my loan agent spoke to a representative from the company and he felt more at ease after that conversation, it is still my name on that contract.
UCGal,
Your story sounds really familiar.Thanks a TON for all the info.
July 29, 2008 at 11:41 AM in reply to: Banks making it impossible to buy their glut of properties #248832Cosmo31
ParticipantThanks to Greater and Lesser Yoda for all the input. You have eased some of my fears about this purchase addendum and you will probably make my last two days of vacation a bit less alcohol laden because my decreased stress level. Yes, I am thinking about this purchase during my vacation. It happens to fall on my Big Bear get-away, hence my late response to all the useful information.
Urban,
You were spot-on with the 3 different inspection periods listed in the same paragraph. I was under the impression that 17 days was required by law. The addendum says the buyer must inspect the property within 17 calendar days from the “Financial Terms Acknowledgement Date” but buyer must notify the seller of “objections to the condition” (dead bodies covered in mold) within 10 calendar days. However, if the seller makes repairs, 15 days after the repair is the duration of the inspection time. Can’t the hermetically sealed gnomes take an average and say 14 days is the universal inspection time? We will definitely clarify the time for inspection.I’m still not clear about the “Lending contingency period.” I have no contingencies such as buying this home is contingent upon selling another. But I am not sure if that example is one you are speaking of. Do all property purchases have contingency periods?
SD,
With all the good advice you have graciously bestowed, I have trouble calling you ‘Lesser Yoda.’ I think Urban is a gifted yet overzealous young jedi.I’m glad the examples listed from the addendum did not seem so completely out of the ordinary to you. My big question was whether this contract was as bogus as my loan agent said. You have shown me that I am possibly injecting a bit too much fear into this process. Oh, let me inject some more fear: my biggest fear is that this middleman company will string out the process and milk me for the $510.00/day penalty because they are dirty, low-down, faceless, nameless, slime-oosing, tentacle-dragging, bottom feeders. Or, maybe they are fair agents trying to unload homes in a timely fashion. There is NO way for me to know. Even though my loan agent spoke to a representative from the company and he felt more at ease after that conversation, it is still my name on that contract.
UCGal,
Your story sounds really familiar.Thanks a TON for all the info.
July 29, 2008 at 11:41 AM in reply to: Banks making it impossible to buy their glut of properties #248840Cosmo31
ParticipantThanks to Greater and Lesser Yoda for all the input. You have eased some of my fears about this purchase addendum and you will probably make my last two days of vacation a bit less alcohol laden because my decreased stress level. Yes, I am thinking about this purchase during my vacation. It happens to fall on my Big Bear get-away, hence my late response to all the useful information.
Urban,
You were spot-on with the 3 different inspection periods listed in the same paragraph. I was under the impression that 17 days was required by law. The addendum says the buyer must inspect the property within 17 calendar days from the “Financial Terms Acknowledgement Date” but buyer must notify the seller of “objections to the condition” (dead bodies covered in mold) within 10 calendar days. However, if the seller makes repairs, 15 days after the repair is the duration of the inspection time. Can’t the hermetically sealed gnomes take an average and say 14 days is the universal inspection time? We will definitely clarify the time for inspection.I’m still not clear about the “Lending contingency period.” I have no contingencies such as buying this home is contingent upon selling another. But I am not sure if that example is one you are speaking of. Do all property purchases have contingency periods?
SD,
With all the good advice you have graciously bestowed, I have trouble calling you ‘Lesser Yoda.’ I think Urban is a gifted yet overzealous young jedi.I’m glad the examples listed from the addendum did not seem so completely out of the ordinary to you. My big question was whether this contract was as bogus as my loan agent said. You have shown me that I am possibly injecting a bit too much fear into this process. Oh, let me inject some more fear: my biggest fear is that this middleman company will string out the process and milk me for the $510.00/day penalty because they are dirty, low-down, faceless, nameless, slime-oosing, tentacle-dragging, bottom feeders. Or, maybe they are fair agents trying to unload homes in a timely fashion. There is NO way for me to know. Even though my loan agent spoke to a representative from the company and he felt more at ease after that conversation, it is still my name on that contract.
UCGal,
Your story sounds really familiar.Thanks a TON for all the info.
July 29, 2008 at 11:41 AM in reply to: Banks making it impossible to buy their glut of properties #248897Cosmo31
ParticipantThanks to Greater and Lesser Yoda for all the input. You have eased some of my fears about this purchase addendum and you will probably make my last two days of vacation a bit less alcohol laden because my decreased stress level. Yes, I am thinking about this purchase during my vacation. It happens to fall on my Big Bear get-away, hence my late response to all the useful information.
Urban,
You were spot-on with the 3 different inspection periods listed in the same paragraph. I was under the impression that 17 days was required by law. The addendum says the buyer must inspect the property within 17 calendar days from the “Financial Terms Acknowledgement Date” but buyer must notify the seller of “objections to the condition” (dead bodies covered in mold) within 10 calendar days. However, if the seller makes repairs, 15 days after the repair is the duration of the inspection time. Can’t the hermetically sealed gnomes take an average and say 14 days is the universal inspection time? We will definitely clarify the time for inspection.I’m still not clear about the “Lending contingency period.” I have no contingencies such as buying this home is contingent upon selling another. But I am not sure if that example is one you are speaking of. Do all property purchases have contingency periods?
SD,
With all the good advice you have graciously bestowed, I have trouble calling you ‘Lesser Yoda.’ I think Urban is a gifted yet overzealous young jedi.I’m glad the examples listed from the addendum did not seem so completely out of the ordinary to you. My big question was whether this contract was as bogus as my loan agent said. You have shown me that I am possibly injecting a bit too much fear into this process. Oh, let me inject some more fear: my biggest fear is that this middleman company will string out the process and milk me for the $510.00/day penalty because they are dirty, low-down, faceless, nameless, slime-oosing, tentacle-dragging, bottom feeders. Or, maybe they are fair agents trying to unload homes in a timely fashion. There is NO way for me to know. Even though my loan agent spoke to a representative from the company and he felt more at ease after that conversation, it is still my name on that contract.
UCGal,
Your story sounds really familiar.Thanks a TON for all the info.
July 29, 2008 at 11:41 AM in reply to: Banks making it impossible to buy their glut of properties #248906Cosmo31
ParticipantThanks to Greater and Lesser Yoda for all the input. You have eased some of my fears about this purchase addendum and you will probably make my last two days of vacation a bit less alcohol laden because my decreased stress level. Yes, I am thinking about this purchase during my vacation. It happens to fall on my Big Bear get-away, hence my late response to all the useful information.
Urban,
You were spot-on with the 3 different inspection periods listed in the same paragraph. I was under the impression that 17 days was required by law. The addendum says the buyer must inspect the property within 17 calendar days from the “Financial Terms Acknowledgement Date” but buyer must notify the seller of “objections to the condition” (dead bodies covered in mold) within 10 calendar days. However, if the seller makes repairs, 15 days after the repair is the duration of the inspection time. Can’t the hermetically sealed gnomes take an average and say 14 days is the universal inspection time? We will definitely clarify the time for inspection.I’m still not clear about the “Lending contingency period.” I have no contingencies such as buying this home is contingent upon selling another. But I am not sure if that example is one you are speaking of. Do all property purchases have contingency periods?
SD,
With all the good advice you have graciously bestowed, I have trouble calling you ‘Lesser Yoda.’ I think Urban is a gifted yet overzealous young jedi.I’m glad the examples listed from the addendum did not seem so completely out of the ordinary to you. My big question was whether this contract was as bogus as my loan agent said. You have shown me that I am possibly injecting a bit too much fear into this process. Oh, let me inject some more fear: my biggest fear is that this middleman company will string out the process and milk me for the $510.00/day penalty because they are dirty, low-down, faceless, nameless, slime-oosing, tentacle-dragging, bottom feeders. Or, maybe they are fair agents trying to unload homes in a timely fashion. There is NO way for me to know. Even though my loan agent spoke to a representative from the company and he felt more at ease after that conversation, it is still my name on that contract.
UCGal,
Your story sounds really familiar.Thanks a TON for all the info.
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