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NotCranky
ParticipantI would also consider how was the house built and what kind of features does it have,although I am not sure this matters if your house takes a direct hit. I am sure it does for home not at the epicenter of a large fracture.
Just an aside: We often talk about what housing would look like if there were no mortgages. Sometimes I wonder what people would be willing to buy if there were no insurance,especially cash buyers.
NotCranky
ParticipantMake sure the Feng Shui is in working order and everything will be fine.
Did you buy a house Alex?
NotCranky
ParticipantMake sure the Feng Shui is in working order and everything will be fine.
Did you buy a house Alex?
NotCranky
ParticipantIt certainly can’t help matters. Many times the taxes are rolled into the monthly payment, so for people who have been paying that, it is not going to be the straw the breaks the camel’s back. The most vulnerable recent buyers with little or no equity probably have impounds.
NotCranky
ParticipantIt certainly can’t help matters. Many times the taxes are rolled into the monthly payment, so for people who have been paying that, it is not going to be the straw the breaks the camel’s back. The most vulnerable recent buyers with little or no equity probably have impounds.
NotCranky
ParticipantI would go with a patio cover with real roofing of some kind. The lattice is useless. It won’t provide cover from the sun or shelter for your outdoor furniture,
This is a good idea. Usually people want these things by the rear sliding glass door. It is better to actually protect this area of the house from the elements for preservation of the house,comfort and cleanliness.
If you go with lattice put a rain shield of some type over the first few feet around the door(if there is a door).NotCranky
ParticipantI would go with a patio cover with real roofing of some kind. The lattice is useless. It won’t provide cover from the sun or shelter for your outdoor furniture,
This is a good idea. Usually people want these things by the rear sliding glass door. It is better to actually protect this area of the house from the elements for preservation of the house,comfort and cleanliness.
If you go with lattice put a rain shield of some type over the first few feet around the door(if there is a door).NotCranky
ParticipantNavydoc, we don’t have a problem. I am fiesty,even so, there is only one guy I was really angry with here. He doesn’t post anymore. I didn’t want him to leave…just fight fair. Another person threw a really low blow at a suspected homosexual, one of the better posters this blog has ever had. I don’t like that. That is a big disappointment. Otherwise it is just all internet banter to me.
NotCranky
ParticipantNavydoc, we don’t have a problem. I am fiesty,even so, there is only one guy I was really angry with here. He doesn’t post anymore. I didn’t want him to leave…just fight fair. Another person threw a really low blow at a suspected homosexual, one of the better posters this blog has ever had. I don’t like that. That is a big disappointment. Otherwise it is just all internet banter to me.
NotCranky
ParticipantAt the risk of being rude, Raptorduck, I am going to say there are a few things that don’t make sense for me with the things you have posted.
First you say you want to do it right this time but you are shopping now. Yes, you can be more in the drivers seat now than when you were buying the first time but the road isn’t safe.
Now you have mentioned a few times the possibility of “stretching”. This confuses me. Why would anyone who didn’t have to stretch do so? I can see a poor person stretching to get into the most humble house they could afford. Why would some one with your kind of budget choose to stretch?
Stretching and buying in this market is a bad combo IMHO.
Stretching to buy a house sounds so 2005.NotCranky
ParticipantAt the risk of being rude, Raptorduck, I am going to say there are a few things that don’t make sense for me with the things you have posted.
First you say you want to do it right this time but you are shopping now. Yes, you can be more in the drivers seat now than when you were buying the first time but the road isn’t safe.
Now you have mentioned a few times the possibility of “stretching”. This confuses me. Why would anyone who didn’t have to stretch do so? I can see a poor person stretching to get into the most humble house they could afford. Why would some one with your kind of budget choose to stretch?
Stretching and buying in this market is a bad combo IMHO.
Stretching to buy a house sounds so 2005.NotCranky
ParticipantSDR or anyone else who is aware of it,do you like the one page letter of intent? I have brought it up a few times but nobody has given additional views on them.
NotCranky
ParticipantSDR or anyone else who is aware of it,do you like the one page letter of intent? I have brought it up a few times but nobody has given additional views on them.
NotCranky
ParticipantStan, as far as I know it doesn’t happen. It wouldn’t be proper to reveal the names of the offeror and for negotiations sake you don’t want to put out the word as to price if the offer is low.Unfortunately , some agents hide behind the reasonable expectation of privacy. The buyer’s agent should be able to give reasonable feedback as to how much sense the supposed offer makes with respect to the property and market conditions.
I think I can tell when the agent is full of beans. Like the OP, I am not usually prone to sticking around to find out but it can be a bit of a dilema. In 2003-2004 you were not going to get some of the best properties unless you played the game without knowing whether it was legit or not.(whether it was a good idea or not being another question)
For cutting to the chase, I am a big fan of the “letter of intent”. It is a one page non-binding offer to purchase at stated terms and conditions. I have at times sent as many as five of them out on properties without actually having looked at them….more if I have looked at the properties.
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