[DWCAP]

Id tell you to have atleast a few euros on you before you leave. You dont want to be hostage to whatever is available at the airport. Your plane is late and you get in late and the ATM is broken, you are screwed. I know people who have been there done that.

[DWCAP]

Id tell you to have atleast a few euros on you before you leave. You dont want to be hostage to whatever is available at the airport. Your plane is late and you get in late and the ATM is broken, you are screwed. I know people who have been there done that.

[DWCAP]

[quote=ctr70]DWCAP….It may be a little more than north county coastal, but I wouldn’t be so sure the areas in east county and south county are as much fha/va as you think. There are a gazillion fha/va buyers in those areas too that cannot get an offer accepted b/c they are getting beat out by cash and 20%+ down. I know some well qualified VA people with 800 credit that have literally been trying for 2 years with dozens and dozens of offers!!! Plenty of cash and 20%+ down there too.

Also, the other area I researched all the sold’s in the last 6 weeks in great depth, condo’s in metro san diego, is not North County Coastal. And there were very few fha/va loans on the closed properties the last 6 weeks in this area. Mostly all cash and 20%+ down.

I also noticed that the few fha and va closed sales are going for inflated prices. The few fha/va approved condo’s have so many buyers that want them, they have to bid way above asking to have a chance.[/quote]

Nice way of completly dismissing the entire point. yes, lots of people are buying houses, and considering that fha housing MAX is 679k and the MEDIAN house price in Del Mar was 1050000

http://www.trulia.com/real_estate/Del_Mar-California/

Most properties (SFR) dont even qualify for this type of loan.

Go ahead and tell me all about how you know lots of people trying to buy houses and it isnt working cause everyone else has lots and lots of money. I wont disagree. This market is psycho. I just wanted to point out your original post was about a loan product in an area that never utilized that particular loan product.

[DWCAP]

[quote=ctr70]DWCAP….It may be a little more than north county coastal, but I wouldn’t be so sure the areas in east county and south county are as much fha/va as you think. There are a gazillion fha/va buyers in those areas too that cannot get an offer accepted b/c they are getting beat out by cash and 20%+ down. I know some well qualified VA people with 800 credit that have literally been trying for 2 years with dozens and dozens of offers!!! Plenty of cash and 20%+ down there too.

Also, the other area I researched all the sold’s in the last 6 weeks in great depth, condo’s in metro san diego, is not North County Coastal. And there were very few fha/va loans on the closed properties the last 6 weeks in this area. Mostly all cash and 20%+ down.

I also noticed that the few fha and va closed sales are going for inflated prices. The few fha/va approved condo’s have so many buyers that want them, they have to bid way above asking to have a chance.[/quote]

Nice way of completly dismissing the entire point. yes, lots of people are buying houses, and considering that fha housing MAX is 679k and the MEDIAN house price in Del Mar was 1050000

http://www.trulia.com/real_estate/Del_Mar-California/

Most properties (SFR) dont even qualify for this type of loan.

Go ahead and tell me all about how you know lots of people trying to buy houses and it isnt working cause everyone else has lots and lots of money. I wont disagree. This market is psycho. I just wanted to point out your original post was about a loan product in an area that never utilized that particular loan product.

[DWCAP]

[quote=ctr70]DWCAP….It may be a little more than north county coastal, but I wouldn’t be so sure the areas in east county and south county are as much fha/va as you think. There are a gazillion fha/va buyers in those areas too that cannot get an offer accepted b/c they are getting beat out by cash and 20%+ down. I know some well qualified VA people with 800 credit that have literally been trying for 2 years with dozens and dozens of offers!!! Plenty of cash and 20%+ down there too.

Also, the other area I researched all the sold’s in the last 6 weeks in great depth, condo’s in metro san diego, is not North County Coastal. And there were very few fha/va loans on the closed properties the last 6 weeks in this area. Mostly all cash and 20%+ down.

I also noticed that the few fha and va closed sales are going for inflated prices. The few fha/va approved condo’s have so many buyers that want them, they have to bid way above asking to have a chance.[/quote]

Nice way of completly dismissing the entire point. yes, lots of people are buying houses, and considering that fha housing MAX is 679k and the MEDIAN house price in Del Mar was 1050000

http://www.trulia.com/real_estate/Del_Mar-California/

Most properties (SFR) dont even qualify for this type of loan.

Go ahead and tell me all about how you know lots of people trying to buy houses and it isnt working cause everyone else has lots and lots of money. I wont disagree. This market is psycho. I just wanted to point out your original post was about a loan product in an area that never utilized that particular loan product.

[DWCAP]

[quote=ctr70]DWCAP….It may be a little more than north county coastal, but I wouldn’t be so sure the areas in east county and south county are as much fha/va as you think. There are a gazillion fha/va buyers in those areas too that cannot get an offer accepted b/c they are getting beat out by cash and 20%+ down. I know some well qualified VA people with 800 credit that have literally been trying for 2 years with dozens and dozens of offers!!! Plenty of cash and 20%+ down there too.

Also, the other area I researched all the sold’s in the last 6 weeks in great depth, condo’s in metro san diego, is not North County Coastal. And there were very few fha/va loans on the closed properties the last 6 weeks in this area. Mostly all cash and 20%+ down.

I also noticed that the few fha and va closed sales are going for inflated prices. The few fha/va approved condo’s have so many buyers that want them, they have to bid way above asking to have a chance.[/quote]

Nice way of completly dismissing the entire point. yes, lots of people are buying houses, and considering that fha housing MAX is 679k and the MEDIAN house price in Del Mar was 1050000

http://www.trulia.com/real_estate/Del_Mar-California/

Most properties (SFR) dont even qualify for this type of loan.

Go ahead and tell me all about how you know lots of people trying to buy houses and it isnt working cause everyone else has lots and lots of money. I wont disagree. This market is psycho. I just wanted to point out your original post was about a loan product in an area that never utilized that particular loan product.

[DWCAP]

[quote=ctr70]DWCAP….It may be a little more than north county coastal, but I wouldn’t be so sure the areas in east county and south county are as much fha/va as you think. There are a gazillion fha/va buyers in those areas too that cannot get an offer accepted b/c they are getting beat out by cash and 20%+ down. I know some well qualified VA people with 800 credit that have literally been trying for 2 years with dozens and dozens of offers!!! Plenty of cash and 20%+ down there too.

Also, the other area I researched all the sold’s in the last 6 weeks in great depth, condo’s in metro san diego, is not North County Coastal. And there were very few fha/va loans on the closed properties the last 6 weeks in this area. Mostly all cash and 20%+ down.

I also noticed that the few fha and va closed sales are going for inflated prices. The few fha/va approved condo’s have so many buyers that want them, they have to bid way above asking to have a chance.[/quote]

Nice way of completly dismissing the entire point. yes, lots of people are buying houses, and considering that fha housing MAX is 679k and the MEDIAN house price in Del Mar was 1050000

http://www.trulia.com/real_estate/Del_Mar-California/

Most properties (SFR) dont even qualify for this type of loan.

Go ahead and tell me all about how you know lots of people trying to buy houses and it isnt working cause everyone else has lots and lots of money. I wont disagree. This market is psycho. I just wanted to point out your original post was about a loan product in an area that never utilized that particular loan product.

[DWCAP]

[quote]the last 100 SFR sales in Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar, and Carmel Valley[/quote]

You must have a narrow definition of what “San Diego” is if these are the areas you are using. This is the nicest areas, and the most in demand, of the whole county, minus maybe La Jolla and Coronado. This area never was traditional fha territory, and didnt boom like the less expensive areas did. So it really isnt supprising that these areas are selling to higher monied buyers.

I am guessing that if the relators did the same analysis on Spring Valley, El cajon, National City, and Lemon Grove they would find higher rates than these numbers. And remember that RE is priced at the margin, so those few extra sales can make all the difference in where prices are going, ESPECIALLY in a crappy, no inventory market like we have now in San Diego.

[DWCAP]

[quote]the last 100 SFR sales in Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar, and Carmel Valley[/quote]

You must have a narrow definition of what “San Diego” is if these are the areas you are using. This is the nicest areas, and the most in demand, of the whole county, minus maybe La Jolla and Coronado. This area never was traditional fha territory, and didnt boom like the less expensive areas did. So it really isnt supprising that these areas are selling to higher monied buyers.

I am guessing that if the relators did the same analysis on Spring Valley, El cajon, National City, and Lemon Grove they would find higher rates than these numbers. And remember that RE is priced at the margin, so those few extra sales can make all the difference in where prices are going, ESPECIALLY in a crappy, no inventory market like we have now in San Diego.

[DWCAP]

[quote]the last 100 SFR sales in Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar, and Carmel Valley[/quote]

You must have a narrow definition of what “San Diego” is if these are the areas you are using. This is the nicest areas, and the most in demand, of the whole county, minus maybe La Jolla and Coronado. This area never was traditional fha territory, and didnt boom like the less expensive areas did. So it really isnt supprising that these areas are selling to higher monied buyers.

I am guessing that if the relators did the same analysis on Spring Valley, El cajon, National City, and Lemon Grove they would find higher rates than these numbers. And remember that RE is priced at the margin, so those few extra sales can make all the difference in where prices are going, ESPECIALLY in a crappy, no inventory market like we have now in San Diego.

[DWCAP]

[quote]the last 100 SFR sales in Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar, and Carmel Valley[/quote]

You must have a narrow definition of what “San Diego” is if these are the areas you are using. This is the nicest areas, and the most in demand, of the whole county, minus maybe La Jolla and Coronado. This area never was traditional fha territory, and didnt boom like the less expensive areas did. So it really isnt supprising that these areas are selling to higher monied buyers.

I am guessing that if the relators did the same analysis on Spring Valley, El cajon, National City, and Lemon Grove they would find higher rates than these numbers. And remember that RE is priced at the margin, so those few extra sales can make all the difference in where prices are going, ESPECIALLY in a crappy, no inventory market like we have now in San Diego.

[DWCAP]

[quote]the last 100 SFR sales in Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar, and Carmel Valley[/quote]

You must have a narrow definition of what “San Diego” is if these are the areas you are using. This is the nicest areas, and the most in demand, of the whole county, minus maybe La Jolla and Coronado. This area never was traditional fha territory, and didnt boom like the less expensive areas did. So it really isnt supprising that these areas are selling to higher monied buyers.

I am guessing that if the relators did the same analysis on Spring Valley, El cajon, National City, and Lemon Grove they would find higher rates than these numbers. And remember that RE is priced at the margin, so those few extra sales can make all the difference in where prices are going, ESPECIALLY in a crappy, no inventory market like we have now in San Diego.

[DWCAP]

That wasnt directed at you UCgal so much as just a general comment. As you said, lay-away made sure the pants were there when there was a significant possibility that they may not be in 3 weeks. So I can understand that, especially for a teenager. But now, why put your washer and dryer, or dishes, or whatever else people are buying, on layaway? It isnt like washer model XXX #1 is gonna wash any better or worse than washer model XXX #2.

[DWCAP]

That wasnt directed at you UCgal so much as just a general comment. As you said, lay-away made sure the pants were there when there was a significant possibility that they may not be in 3 weeks. So I can understand that, especially for a teenager. But now, why put your washer and dryer, or dishes, or whatever else people are buying, on layaway? It isnt like washer model XXX #1 is gonna wash any better or worse than washer model XXX #2.

[DWCAP]

That wasnt directed at you UCgal so much as just a general comment. As you said, lay-away made sure the pants were there when there was a significant possibility that they may not be in 3 weeks. So I can understand that, especially for a teenager. But now, why put your washer and dryer, or dishes, or whatever else people are buying, on layaway? It isnt like washer model XXX #1 is gonna wash any better or worse than washer model XXX #2.

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