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Navydoc
ParticipantThey’re very nice homes. Unfortunately I’d have to charter a helicopter to Balboa hospital for my daily commute. Either that or put up with 4 hrs of driving every day. I’d rather pay twice as much for the house!
ParticipantThey’re very nice homes. Unfortunately I’d have to charter a helicopter to Balboa hospital for my daily commute. Either that or put up with 4 hrs of driving every day. I’d rather pay twice as much for the house!
ParticipantThey’re very nice homes. Unfortunately I’d have to charter a helicopter to Balboa hospital for my daily commute. Either that or put up with 4 hrs of driving every day. I’d rather pay twice as much for the house!
ParticipantThis is going to be a really tough decision. If I were making it today there is no question we would rent, unless we found a really nice 3000 sf place in Scripps or RB in the mid $600’s. I’m thinking the climate may be different next spring, and I think that deal I proposed may be easier to find than it is now. I’m expecting this summer to be significant, just like last summer was with the siezing up of the credit markets.
When I finish my fellowship in June next year I WILL need to relocate, as the Navy has no Maternal Fetal Medicine specialist in Los Angeles. Whatever happens I will at least be seriously shopping around come March and April. Will I buy? Depends on price. Temeculaguy had some posts about six months ago where he almost pulled the trigger. I expect to feel a lot like him next year.
ParticipantThis is going to be a really tough decision. If I were making it today there is no question we would rent, unless we found a really nice 3000 sf place in Scripps or RB in the mid $600’s. I’m thinking the climate may be different next spring, and I think that deal I proposed may be easier to find than it is now. I’m expecting this summer to be significant, just like last summer was with the siezing up of the credit markets.
When I finish my fellowship in June next year I WILL need to relocate, as the Navy has no Maternal Fetal Medicine specialist in Los Angeles. Whatever happens I will at least be seriously shopping around come March and April. Will I buy? Depends on price. Temeculaguy had some posts about six months ago where he almost pulled the trigger. I expect to feel a lot like him next year.
ParticipantThis is going to be a really tough decision. If I were making it today there is no question we would rent, unless we found a really nice 3000 sf place in Scripps or RB in the mid $600’s. I’m thinking the climate may be different next spring, and I think that deal I proposed may be easier to find than it is now. I’m expecting this summer to be significant, just like last summer was with the siezing up of the credit markets.
When I finish my fellowship in June next year I WILL need to relocate, as the Navy has no Maternal Fetal Medicine specialist in Los Angeles. Whatever happens I will at least be seriously shopping around come March and April. Will I buy? Depends on price. Temeculaguy had some posts about six months ago where he almost pulled the trigger. I expect to feel a lot like him next year.
ParticipantThis is going to be a really tough decision. If I were making it today there is no question we would rent, unless we found a really nice 3000 sf place in Scripps or RB in the mid $600’s. I’m thinking the climate may be different next spring, and I think that deal I proposed may be easier to find than it is now. I’m expecting this summer to be significant, just like last summer was with the siezing up of the credit markets.
When I finish my fellowship in June next year I WILL need to relocate, as the Navy has no Maternal Fetal Medicine specialist in Los Angeles. Whatever happens I will at least be seriously shopping around come March and April. Will I buy? Depends on price. Temeculaguy had some posts about six months ago where he almost pulled the trigger. I expect to feel a lot like him next year.
ParticipantThis is going to be a really tough decision. If I were making it today there is no question we would rent, unless we found a really nice 3000 sf place in Scripps or RB in the mid $600’s. I’m thinking the climate may be different next spring, and I think that deal I proposed may be easier to find than it is now. I’m expecting this summer to be significant, just like last summer was with the siezing up of the credit markets.
When I finish my fellowship in June next year I WILL need to relocate, as the Navy has no Maternal Fetal Medicine specialist in Los Angeles. Whatever happens I will at least be seriously shopping around come March and April. Will I buy? Depends on price. Temeculaguy had some posts about six months ago where he almost pulled the trigger. I expect to feel a lot like him next year.
ParticipantI havn’t received any letters for them other than the mortgage coupon. Having lived through a foreclosure myself in the early 90’s, I kind of know what the NOD looks like. Analagous to the fat vs thin envelope in college admissions. So I don’t know for sure, just suspect. The only reason I know the balance of the mortgage is because I received an offer for mortgage insurance addressed to me, that stated the loan balance on the property. I give the landlords the coupon every month, so they would know if I opened it.
ParticipantI havn’t received any letters for them other than the mortgage coupon. Having lived through a foreclosure myself in the early 90’s, I kind of know what the NOD looks like. Analagous to the fat vs thin envelope in college admissions. So I don’t know for sure, just suspect. The only reason I know the balance of the mortgage is because I received an offer for mortgage insurance addressed to me, that stated the loan balance on the property. I give the landlords the coupon every month, so they would know if I opened it.
ParticipantI havn’t received any letters for them other than the mortgage coupon. Having lived through a foreclosure myself in the early 90’s, I kind of know what the NOD looks like. Analagous to the fat vs thin envelope in college admissions. So I don’t know for sure, just suspect. The only reason I know the balance of the mortgage is because I received an offer for mortgage insurance addressed to me, that stated the loan balance on the property. I give the landlords the coupon every month, so they would know if I opened it.
ParticipantI havn’t received any letters for them other than the mortgage coupon. Having lived through a foreclosure myself in the early 90’s, I kind of know what the NOD looks like. Analagous to the fat vs thin envelope in college admissions. So I don’t know for sure, just suspect. The only reason I know the balance of the mortgage is because I received an offer for mortgage insurance addressed to me, that stated the loan balance on the property. I give the landlords the coupon every month, so they would know if I opened it.
ParticipantI havn’t received any letters for them other than the mortgage coupon. Having lived through a foreclosure myself in the early 90’s, I kind of know what the NOD looks like. Analagous to the fat vs thin envelope in college admissions. So I don’t know for sure, just suspect. The only reason I know the balance of the mortgage is because I received an offer for mortgage insurance addressed to me, that stated the loan balance on the property. I give the landlords the coupon every month, so they would know if I opened it.
Participant“Also another common myth, especially on this forum, is that when it costs “as much to own as it does to rent” prices have bottomed.”
I see what you’re saying here Hippmatt, but I think you are misunderstanding what is meant when we talk about “as much to own as rent”. When the rent vs own calculation favors owning, it doesn’t necessarily mean the bottom, it just means that real estate isn’t the financial suicide “investment” it has been the past few years. Buying when owning costs the same as renting is not a bad idea, even if you end up with some downside depreciation, as long as your financing is stable. You may lose a bit in the first couple of years, but will likely more than make up for it eventually not having to deal with rent increases, and (someday, no idea when) appreciation.
If rent vs own is favorable next spring I plan to buy. We’re just not quite there yet.
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