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November 16, 2009 at 8:20 PM in reply to: When does it make financial sense to just dump your house??? #483461November 16, 2009 at 8:20 PM in reply to: When does it make financial sense to just dump your house??? #483625
jameswenn
Participant[quote=j]What’s the problem? With an income of $120K/year you should be able to afford the payments. If you wanted to pay less you should have waited.[/quote]
I don’t understand either, 380K for a person making 120K seems very reasonable. Alot of people that bought stuff they couldn’t afford bought 700K making 120K
November 16, 2009 at 8:20 PM in reply to: When does it make financial sense to just dump your house??? #483999Participant[quote=j]What’s the problem? With an income of $120K/year you should be able to afford the payments. If you wanted to pay less you should have waited.[/quote]
I don’t understand either, 380K for a person making 120K seems very reasonable. Alot of people that bought stuff they couldn’t afford bought 700K making 120K
November 16, 2009 at 8:20 PM in reply to: When does it make financial sense to just dump your house??? #484083Participant[quote=j]What’s the problem? With an income of $120K/year you should be able to afford the payments. If you wanted to pay less you should have waited.[/quote]
I don’t understand either, 380K for a person making 120K seems very reasonable. Alot of people that bought stuff they couldn’t afford bought 700K making 120K
November 16, 2009 at 8:20 PM in reply to: When does it make financial sense to just dump your house??? #484311Participant[quote=j]What’s the problem? With an income of $120K/year you should be able to afford the payments. If you wanted to pay less you should have waited.[/quote]
I don’t understand either, 380K for a person making 120K seems very reasonable. Alot of people that bought stuff they couldn’t afford bought 700K making 120K
November 11, 2009 at 12:51 PM in reply to: Wells Fargo has reduced mortgage balances on 43,500 option ARM’s and counting #480587Participant[quote=Nor-LA-SD-guy][quote=denverite]I sold my house in Denver and moved to Camarillo, now rent a small granny flat in the foothills on one acre. It looks like that will be home for quite some time![/quote]
Camarillo and the North L.A. area are still quite expensive, you can pay 400K easy for a place in an area you would be somewhat scared drive through.[/quote]
Camarillo is not LA, it’s Ventura County. When i worked at Countrywide, there were alot of middle managers moving to all the new homes there. It’s basically like living in Vista, it’s pretty much in the middle of nowhere and there’s not alot of jobs in the area there unless you work for Amgen or BofA.
November 11, 2009 at 12:51 PM in reply to: Wells Fargo has reduced mortgage balances on 43,500 option ARM’s and counting #480759Participant[quote=Nor-LA-SD-guy][quote=denverite]I sold my house in Denver and moved to Camarillo, now rent a small granny flat in the foothills on one acre. It looks like that will be home for quite some time![/quote]
Camarillo and the North L.A. area are still quite expensive, you can pay 400K easy for a place in an area you would be somewhat scared drive through.[/quote]
Camarillo is not LA, it’s Ventura County. When i worked at Countrywide, there were alot of middle managers moving to all the new homes there. It’s basically like living in Vista, it’s pretty much in the middle of nowhere and there’s not alot of jobs in the area there unless you work for Amgen or BofA.
November 11, 2009 at 12:51 PM in reply to: Wells Fargo has reduced mortgage balances on 43,500 option ARM’s and counting #481120Participant[quote=Nor-LA-SD-guy][quote=denverite]I sold my house in Denver and moved to Camarillo, now rent a small granny flat in the foothills on one acre. It looks like that will be home for quite some time![/quote]
Camarillo and the North L.A. area are still quite expensive, you can pay 400K easy for a place in an area you would be somewhat scared drive through.[/quote]
Camarillo is not LA, it’s Ventura County. When i worked at Countrywide, there were alot of middle managers moving to all the new homes there. It’s basically like living in Vista, it’s pretty much in the middle of nowhere and there’s not alot of jobs in the area there unless you work for Amgen or BofA.
November 11, 2009 at 12:51 PM in reply to: Wells Fargo has reduced mortgage balances on 43,500 option ARM’s and counting #481200Participant[quote=Nor-LA-SD-guy][quote=denverite]I sold my house in Denver and moved to Camarillo, now rent a small granny flat in the foothills on one acre. It looks like that will be home for quite some time![/quote]
Camarillo and the North L.A. area are still quite expensive, you can pay 400K easy for a place in an area you would be somewhat scared drive through.[/quote]
Camarillo is not LA, it’s Ventura County. When i worked at Countrywide, there were alot of middle managers moving to all the new homes there. It’s basically like living in Vista, it’s pretty much in the middle of nowhere and there’s not alot of jobs in the area there unless you work for Amgen or BofA.
November 11, 2009 at 12:51 PM in reply to: Wells Fargo has reduced mortgage balances on 43,500 option ARM’s and counting #481420Participant[quote=Nor-LA-SD-guy][quote=denverite]I sold my house in Denver and moved to Camarillo, now rent a small granny flat in the foothills on one acre. It looks like that will be home for quite some time![/quote]
Camarillo and the North L.A. area are still quite expensive, you can pay 400K easy for a place in an area you would be somewhat scared drive through.[/quote]
Camarillo is not LA, it’s Ventura County. When i worked at Countrywide, there were alot of middle managers moving to all the new homes there. It’s basically like living in Vista, it’s pretty much in the middle of nowhere and there’s not alot of jobs in the area there unless you work for Amgen or BofA.
Participant[quote=mikemn]I saw the house after upgrade and it worth every penny, I don’t know why it was sold so cheap at 340k, I don’t think it is overpriced now at 440k when compared to similar houses with nice views and such a large footage and nice lot.
Shown photos are so bad, you need to see the house to appreciate.[/quote]
Yeah, if this was 2007. I’m sure you have an interest, so good luck flipping it.
Participant[quote=mikemn]I saw the house after upgrade and it worth every penny, I don’t know why it was sold so cheap at 340k, I don’t think it is overpriced now at 440k when compared to similar houses with nice views and such a large footage and nice lot.
Shown photos are so bad, you need to see the house to appreciate.[/quote]
Yeah, if this was 2007. I’m sure you have an interest, so good luck flipping it.
Participant[quote=mikemn]I saw the house after upgrade and it worth every penny, I don’t know why it was sold so cheap at 340k, I don’t think it is overpriced now at 440k when compared to similar houses with nice views and such a large footage and nice lot.
Shown photos are so bad, you need to see the house to appreciate.[/quote]
Yeah, if this was 2007. I’m sure you have an interest, so good luck flipping it.
Participant[quote=mikemn]I saw the house after upgrade and it worth every penny, I don’t know why it was sold so cheap at 340k, I don’t think it is overpriced now at 440k when compared to similar houses with nice views and such a large footage and nice lot.
Shown photos are so bad, you need to see the house to appreciate.[/quote]
Yeah, if this was 2007. I’m sure you have an interest, so good luck flipping it.
Participant[quote=mikemn]I saw the house after upgrade and it worth every penny, I don’t know why it was sold so cheap at 340k, I don’t think it is overpriced now at 440k when compared to similar houses with nice views and such a large footage and nice lot.
Shown photos are so bad, you need to see the house to appreciate.[/quote]
Yeah, if this was 2007. I’m sure you have an interest, so good luck flipping it.
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