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LostCat
ParticipantSD, can people use these kick backs for closing costs?
LostCat
ParticipantThe 20k was done within the escrow agreement, all was legal. I am not sure what the person used it for. In hindsight, I am sure they spent it on crap and didn’t roll it back into the place. Once again, this was done prior to the recent bubble bomb and before brokers and lenders started to realize there was as much termoil in the industry as originally thought.
When my wife and I left our place, we left flowers and a card welcoming the person to their new home. We even left our phone number so that if they had any questions they could contact us. We never heard from them.
Who knows, the point is: If you want to sell in this market, I believe you have to be willing to stop thinking of your home as an investment or a cash cow. You have to be willing to get out in practical terms. Lowering the price a great deal is practical in many ways.
LostCat
ParticipantThe 20k was done within the escrow agreement, all was legal. I am not sure what the person used it for. In hindsight, I am sure they spent it on crap and didn’t roll it back into the place. Once again, this was done prior to the recent bubble bomb and before brokers and lenders started to realize there was as much termoil in the industry as originally thought.
When my wife and I left our place, we left flowers and a card welcoming the person to their new home. We even left our phone number so that if they had any questions they could contact us. We never heard from them.
Who knows, the point is: If you want to sell in this market, I believe you have to be willing to stop thinking of your home as an investment or a cash cow. You have to be willing to get out in practical terms. Lowering the price a great deal is practical in many ways.
LostCat
ParticipantThe 20k was done within the escrow agreement, all was legal. I am not sure what the person used it for. In hindsight, I am sure they spent it on crap and didn’t roll it back into the place. Once again, this was done prior to the recent bubble bomb and before brokers and lenders started to realize there was as much termoil in the industry as originally thought.
When my wife and I left our place, we left flowers and a card welcoming the person to their new home. We even left our phone number so that if they had any questions they could contact us. We never heard from them.
Who knows, the point is: If you want to sell in this market, I believe you have to be willing to stop thinking of your home as an investment or a cash cow. You have to be willing to get out in practical terms. Lowering the price a great deal is practical in many ways.
LostCat
ParticipantThe 20k was done within the escrow agreement, all was legal. I am not sure what the person used it for. In hindsight, I am sure they spent it on crap and didn’t roll it back into the place. Once again, this was done prior to the recent bubble bomb and before brokers and lenders started to realize there was as much termoil in the industry as originally thought.
When my wife and I left our place, we left flowers and a card welcoming the person to their new home. We even left our phone number so that if they had any questions they could contact us. We never heard from them.
Who knows, the point is: If you want to sell in this market, I believe you have to be willing to stop thinking of your home as an investment or a cash cow. You have to be willing to get out in practical terms. Lowering the price a great deal is practical in many ways.
LostCat
ParticipantYeah, we could put our little in at Hearst and might just do that after hearing all you out. Makes more financial sense and I’ll still be able to travel and enjoy life.
One cost CV will add is gas. It’s about 10-miles further away from Downtown than I am now. Over the next few years, I am sure we’ll see a significant increase in fuel costs.
Allied Gardens, as run down as you are, you make a life easy. There is no sense in moving now and bailing out someone in CV that paid too much for a cookie cutter home.
Just wish my equity was real money.
LostCat
ParticipantYeah, we could put our little in at Hearst and might just do that after hearing all you out. Makes more financial sense and I’ll still be able to travel and enjoy life.
One cost CV will add is gas. It’s about 10-miles further away from Downtown than I am now. Over the next few years, I am sure we’ll see a significant increase in fuel costs.
Allied Gardens, as run down as you are, you make a life easy. There is no sense in moving now and bailing out someone in CV that paid too much for a cookie cutter home.
Just wish my equity was real money.
LostCat
ParticipantYeah, we could put our little in at Hearst and might just do that after hearing all you out. Makes more financial sense and I’ll still be able to travel and enjoy life.
One cost CV will add is gas. It’s about 10-miles further away from Downtown than I am now. Over the next few years, I am sure we’ll see a significant increase in fuel costs.
Allied Gardens, as run down as you are, you make a life easy. There is no sense in moving now and bailing out someone in CV that paid too much for a cookie cutter home.
Just wish my equity was real money.
LostCat
ParticipantYeah, we could put our little in at Hearst and might just do that after hearing all you out. Makes more financial sense and I’ll still be able to travel and enjoy life.
One cost CV will add is gas. It’s about 10-miles further away from Downtown than I am now. Over the next few years, I am sure we’ll see a significant increase in fuel costs.
Allied Gardens, as run down as you are, you make a life easy. There is no sense in moving now and bailing out someone in CV that paid too much for a cookie cutter home.
Just wish my equity was real money.
LostCat
ParticipantLife’s biggest mistake = thinking that a woman, not matter how smart they are, can think rationally about investment especially when its a house. First they’ll get you in the door saying that it’s worth it and they love it. Then they’ll want to buy all kinds of crap for it, then they’ll want to move because its not as big as her friends or it doesn’t have what the kids friends parents houses have.
It’s going to crash, don’t buy.
LostCat
ParticipantLife’s biggest mistake = thinking that a woman, not matter how smart they are, can think rationally about investment especially when its a house. First they’ll get you in the door saying that it’s worth it and they love it. Then they’ll want to buy all kinds of crap for it, then they’ll want to move because its not as big as her friends or it doesn’t have what the kids friends parents houses have.
It’s going to crash, don’t buy.
LostCat
ParticipantLife’s biggest mistake = thinking that a woman, not matter how smart they are, can think rationally about investment especially when its a house. First they’ll get you in the door saying that it’s worth it and they love it. Then they’ll want to buy all kinds of crap for it, then they’ll want to move because its not as big as her friends or it doesn’t have what the kids friends parents houses have.
It’s going to crash, don’t buy.
LostCat
ParticipantLife’s biggest mistake = thinking that a woman, not matter how smart they are, can think rationally about investment especially when its a house. First they’ll get you in the door saying that it’s worth it and they love it. Then they’ll want to buy all kinds of crap for it, then they’ll want to move because its not as big as her friends or it doesn’t have what the kids friends parents houses have.
It’s going to crash, don’t buy.
LostCat
ParticipantYeah, WTF…. Is our country ran by a bunch of monkeys?
If we creat a World War and bomb the crap out of everyone, will it eliminate our debt obligations?
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