[NotCranky]

“Ramsey Su, an investor and former real-estate broker who attended, calculated that the high bids for the homes averaged 67% of the prices they fetched when they were last sold, mostly in 2004 or 2005. At a similar auction in San Diego in May, the average was 73%.”

For those of you who may not have noticed the broker,Ramsey, has made “guest” posts for Rich. You can type Ramsey Su into the site search and several of his contributions come up. Excuse me if this has already been noted on another thread.

[NotCranky]

“Ramsey Su, an investor and former real-estate broker who attended, calculated that the high bids for the homes averaged 67% of the prices they fetched when they were last sold, mostly in 2004 or 2005. At a similar auction in San Diego in May, the average was 73%.”

For those of you who may not have noticed the broker,Ramsey, has made “guest” posts for Rich. You can type Ramsey Su into the site search and several of his contributions come up. Excuse me if this has already been noted on another thread.

[NotCranky]

1. Home buyers
“Even “dumb” home buyers made a very conscious choice to give up renting and buy instead.”

Patient: I think they may have been sick? Shopaholic sick?

Give a shopaholic ,get and spender a chance to buy a house and they probably can’t refuse.

I just found that the people who bought my house in 2005 are selling. I sold them the best, too big for the neighborhood house at the lowest price per square foot for miles.It had a decent size yard. Paid their closing costs. They were 100% financing. The MLS pictures show that they have done at least 50k in remodeling and put in 100’s of hours(on a perfectly good house).I know they did a lot of work themselves. They also replaced a very new stove, fridge and had way nice brand new funiture,rugs etc. wall to wall.I suspect credit cards.
It’s got a NOD hanging over it (surprise).The list price has them in the hole considering the price of the work and closing costs. It is a very nice house.

Would a “dumb” person do that? I don’t even think someone who was just “dumb” would do that…It takes something else. Given easy credit, were a bunch of under-qualified people trying to compensate or fit in? I think so. People should watch “Revenge of the Nerds” a little nore often, I guess. For feeling good it sure beats the hell out of a BK.

[NotCranky]

1. Home buyers
“Even “dumb” home buyers made a very conscious choice to give up renting and buy instead.”

Patient: I think they may have been sick? Shopaholic sick?

Give a shopaholic ,get and spender a chance to buy a house and they probably can’t refuse.

I just found that the people who bought my house in 2005 are selling. I sold them the best, too big for the neighborhood house at the lowest price per square foot for miles.It had a decent size yard. Paid their closing costs. They were 100% financing. The MLS pictures show that they have done at least 50k in remodeling and put in 100’s of hours(on a perfectly good house).I know they did a lot of work themselves. They also replaced a very new stove, fridge and had way nice brand new funiture,rugs etc. wall to wall.I suspect credit cards.
It’s got a NOD hanging over it (surprise).The list price has them in the hole considering the price of the work and closing costs. It is a very nice house.

Would a “dumb” person do that? I don’t even think someone who was just “dumb” would do that…It takes something else. Given easy credit, were a bunch of under-qualified people trying to compensate or fit in? I think so. People should watch “Revenge of the Nerds” a little nore often, I guess. For feeling good it sure beats the hell out of a BK.

[NotCranky]

1. Home buyers
“Even “dumb” home buyers made a very conscious choice to give up renting and buy instead.”

Patient: I think they may have been sick? Shopaholic sick?

Give a shopaholic ,get and spender a chance to buy a house and they probably can’t refuse.

I just found that the people who bought my house in 2005 are selling. I sold them the best, too big for the neighborhood house at the lowest price per square foot for miles.It had a decent size yard. Paid their closing costs. They were 100% financing. The MLS pictures show that they have done at least 50k in remodeling and put in 100’s of hours(on a perfectly good house).I know they did a lot of work themselves. They also replaced a very new stove, fridge and had way nice brand new funiture,rugs etc. wall to wall.I suspect credit cards.
It’s got a NOD hanging over it (surprise).The list price has them in the hole considering the price of the work and closing costs. It is a very nice house.

Would a “dumb” person do that? I don’t even think someone who was just “dumb” would do that…It takes something else. Given easy credit, were a bunch of under-qualified people trying to compensate or fit in? I think so. People should watch “Revenge of the Nerds” a little nore often, I guess. For feeling good it sure beats the hell out of a BK.

[NotCranky]

Don’t know what the quickest is but here is a simple and fast way. Go to Board office.Its on Ronson Ct. in Clairmont. I will post the phone number in a few minutes. Pay for the online course with Allied Schools, which will arrive with registration numbers in a few days and take your courses that way. Take enough courses so that you can skip the first renewal period because they are really easy. Ask the person at the education desk how to do that. I think you will have to do three courses.You can take tests for all three course as soon as 18 days after receiving materials. The online school will include pratice tests for the state exam. Either sign up for the test online or go back and get a form from board office. You might as well get started from the board office because that is where you will keep your records and get lock boxes keys ect.
http://www.realtor.org/rodesign.nsf/pages/FS_FASSOC?OpenDocument&WT.cg_n=Search&WT.cg_s=Result

Enter San Diego and California in the proper fields don’t worry about a zip code.

[NotCranky]

Don’t know what the quickest is but here is a simple and fast way. Go to Board office.Its on Ronson Ct. in Clairmont. I will post the phone number in a few minutes. Pay for the online course with Allied Schools, which will arrive with registration numbers in a few days and take your courses that way. Take enough courses so that you can skip the first renewal period because they are really easy. Ask the person at the education desk how to do that. I think you will have to do three courses.You can take tests for all three course as soon as 18 days after receiving materials. The online school will include pratice tests for the state exam. Either sign up for the test online or go back and get a form from board office. You might as well get started from the board office because that is where you will keep your records and get lock boxes keys ect.
http://www.realtor.org/rodesign.nsf/pages/FS_FASSOC?OpenDocument&WT.cg_n=Search&WT.cg_s=Result

Enter San Diego and California in the proper fields don’t worry about a zip code.

[NotCranky]

Don’t know what the quickest is but here is a simple and fast way. Go to Board office.Its on Ronson Ct. in Clairmont. I will post the phone number in a few minutes. Pay for the online course with Allied Schools, which will arrive with registration numbers in a few days and take your courses that way. Take enough courses so that you can skip the first renewal period because they are really easy. Ask the person at the education desk how to do that. I think you will have to do three courses.You can take tests for all three course as soon as 18 days after receiving materials. The online school will include pratice tests for the state exam. Either sign up for the test online or go back and get a form from board office. You might as well get started from the board office because that is where you will keep your records and get lock boxes keys ect.
http://www.realtor.org/rodesign.nsf/pages/FS_FASSOC?OpenDocument&WT.cg_n=Search&WT.cg_s=Result

Enter San Diego and California in the proper fields don’t worry about a zip code.

[NotCranky]

Got it thanks SDR. Now I can’t remember why I wanted to know :(.

[NotCranky]

Got it thanks SDR. Now I can’t remember why I wanted to know :(.

[NotCranky]

Got it thanks SDR. Now I can’t remember why I wanted to know :(.

[NotCranky]

My bad I was using my memory, I think it was listed in July now it is August I rounded it off to one month.

[NotCranky]

My bad I was using my memory, I think it was listed in July now it is August I rounded it off to one month.

[NotCranky]

My bad I was using my memory, I think it was listed in July now it is August I rounded it off to one month.

[NotCranky]

Thanks, but I don’t get the same results.

[Author]

Posts