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NotCranky
ParticipantI absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.
ParticipantI absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.
ParticipantI absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.
ParticipantJP find a rent vs own caluclator on the web and play with numbers. Or just find a payment calculator and look at payment and add other costs vs. rent with different interest rates. I just suggest doing this because even if rents stay flat there is downward pressure on houses If rates go up FROM HISTORICAl LOWS. I think this would say don’t take “same as rent” idea too lightly.
ParticipantJP find a rent vs own caluclator on the web and play with numbers. Or just find a payment calculator and look at payment and add other costs vs. rent with different interest rates. I just suggest doing this because even if rents stay flat there is downward pressure on houses If rates go up FROM HISTORICAl LOWS. I think this would say don’t take “same as rent” idea too lightly.
ParticipantJP find a rent vs own caluclator on the web and play with numbers. Or just find a payment calculator and look at payment and add other costs vs. rent with different interest rates. I just suggest doing this because even if rents stay flat there is downward pressure on houses If rates go up FROM HISTORICAl LOWS. I think this would say don’t take “same as rent” idea too lightly.
ParticipantJP find a rent vs own caluclator on the web and play with numbers. Or just find a payment calculator and look at payment and add other costs vs. rent with different interest rates. I just suggest doing this because even if rents stay flat there is downward pressure on houses If rates go up FROM HISTORICAl LOWS. I think this would say don’t take “same as rent” idea too lightly.
ParticipantJP find a rent vs own caluclator on the web and play with numbers. Or just find a payment calculator and look at payment and add other costs vs. rent with different interest rates. I just suggest doing this because even if rents stay flat there is downward pressure on houses If rates go up FROM HISTORICAl LOWS. I think this would say don’t take “same as rent” idea too lightly.
ParticipantAn & Jp this is fine if you want to be an owner and ride out more possible correction ant that’s it. As we talked about before this scenario isn’t necessarily to be disaster.
I suggest calculating rent to own at 8 or 9 percent or more. To get an idea about what that might look like a few years down the road. Just as an excercise because we don’t really know. Too bad you can’t take out an option on today’s rates unless you have equity.
ParticipantAn & Jp this is fine if you want to be an owner and ride out more possible correction ant that’s it. As we talked about before this scenario isn’t necessarily to be disaster.
I suggest calculating rent to own at 8 or 9 percent or more. To get an idea about what that might look like a few years down the road. Just as an excercise because we don’t really know. Too bad you can’t take out an option on today’s rates unless you have equity.
ParticipantAn & Jp this is fine if you want to be an owner and ride out more possible correction ant that’s it. As we talked about before this scenario isn’t necessarily to be disaster.
I suggest calculating rent to own at 8 or 9 percent or more. To get an idea about what that might look like a few years down the road. Just as an excercise because we don’t really know. Too bad you can’t take out an option on today’s rates unless you have equity.
ParticipantAn & Jp this is fine if you want to be an owner and ride out more possible correction ant that’s it. As we talked about before this scenario isn’t necessarily to be disaster.
I suggest calculating rent to own at 8 or 9 percent or more. To get an idea about what that might look like a few years down the road. Just as an excercise because we don’t really know. Too bad you can’t take out an option on today’s rates unless you have equity.
ParticipantAn & Jp this is fine if you want to be an owner and ride out more possible correction ant that’s it. As we talked about before this scenario isn’t necessarily to be disaster.
I suggest calculating rent to own at 8 or 9 percent or more. To get an idea about what that might look like a few years down the road. Just as an excercise because we don’t really know. Too bad you can’t take out an option on today’s rates unless you have equity.
ParticipantMaybe AN is right. I think it should be worth not much more than a much smaller one in the same area is worth. This condition is establishing itself in Chula Vista and Temecula. I think it should be a smaller premium to those around it,especially single story with bigger lots, since they enjoy the same location ammenities. $800k could be a good floor if the smaller homes are done falling,not likely. I like Poway and RP for holding power of more average houses, not absolute but relative.
This one might get bid up but I think it could go for 700k, or less, in the future re-adjsuted for future evidence of course(next 6 to 12 months). I want to say 500K but I might be imposing my value perceptions a little much! -
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