Forum Replies Created
-
AuthorPosts
-
john67elco
ParticipantDamn Chris we think alike 100%. I pay cash on wifes and my car. I try tellin my wife that u pay 3 times the price of a home and so far save of 90k just renting. I really want that sucker to be low or paid for within 10-15 years. I have not 1 dollar on a visa or any kind of credit and save 4k a month (3 in savings and 1 in 401k). At this rate we should be way above most in buying a home. I guess people have 200k plus jobs to support thier high ARM’s and interest only loans (I’LL PAY ANYTHING TO GET INTO A HOUSE, syndrome). I really would like to save 100k more and then see interest rates at 15% and gas at $5 a gallon (company pays all gas). Then I would get a home extremly cheaper and pay 0 interest. That would be awesome. …….I’ll buy someones bad ARM home that forclosed on the court house steps 🙂
ParticipantLOL I remember those days. Good analogy…
ParticipantLOL
but true!!!!!
Participantchris send me the chart to [email protected] and ill place on my site and post a link 🙂
ParticipantParticipantI access the MLS through here http://www.sharonmorrow.com/f-properties.html
I spent a full day going to KB homes and all the other new areas around Murrieta and found a huge resemblance to Moreno Valley back in the 90’s. If there is a down shift in the market, I would believe the market to be worse in that area over Carlsbad hands down. The amount of homes in that area is huge and people are begging in their listings (free TV, pay closing cost, plz buy my over priced home), I scroll through the listings just for that.ParticipantI did have one but he no longer works for the company and the company is like “um who are you?”. I’m goin to leave it in escrow a bit longer until the escrow company realalizews that its a 30 day escrow and somethigng should click for buyer to pull out or something to be done when it hits 90. If buyer backs out I wont put back on the market cause it is 14000 lot directly on the main blvd and zoned multi residenial and its paid off. So they dont buy I will just keep it.
ParticipantThe escrow company told me to contact the realtor. Like the realtor contacts the buyer to hold their hand to sign papers and pay escrow. Weird.
ParticipantIm using my friends house as a benchmark. So far he is down 3% off listing price ($15,000) from $515,000 to $499,999 and still no offers, 1 person walked through the home in 3 weeks. Inland Empire area.
ParticipantAgree 100%. I remember 10 years ago when I started my job at the age of 20. I saw this 5.0 convertible mustang. While negotiating price, I didn’t care due to me having the “I’LL DO ANYTHING AND PAY AYTHING TO GET INTO THIS” attitude. People barley in a position to buy a house still have the same mentality and they say “I’ll pay more on principle and pay it off in 30 or less”. SURE you will>>>
ParticipantYa it will always go up. Just like the 90’s. History never repeats itself.
ParticipantNorth County Jim is 100% right. My best friend is using sellers.net to squeeze the other 3% out of the way.
Results in 1 month of trying to sell:
1 person walked through the home (probably a to show why to buy another home close in that area)0 offers.
ParticipantOnly sold signs seen may be from investors that dont pay attention to newspapers, news, or any other souce that says selling is down?
ParticipantI say at least 2 years and with that rental option you have (if stable), I would. Unless you don’t mind not living in your current house for very long time. Why not?
-
AuthorPosts