[ocrenter]

[quote=briansd1][quote=ocrenter]

that sums up the bubble.
[/quote]

I’d really took a bubble mentality to buy those houses in 2007 and then sink $100-200k into them for improvements.

Buyers today, are not only getting lower prices, but they are getting the pool, landscaping and improvements for “free”.

[quote=ocrenter]
now head out and take full advantage of the situation! =)[/quote]

I’m trying. ;)[/quote]

In the case of Cobble Creek, the house was purchased for nearly $1.2 mil. $200k in improvements on these homes inside and out is doable, but only if the homeowner is quite savvy. If someone bought at the peak, most likely they went on to put another $300-400k inside and out. So basically possibly getting $600k in discount if you are the successful short sale buyer.

[ocrenter]

[quote=briansd1][quote=ocrenter]

that sums up the bubble.
[/quote]

I’d really took a bubble mentality to buy those houses in 2007 and then sink $100-200k into them for improvements.

Buyers today, are not only getting lower prices, but they are getting the pool, landscaping and improvements for “free”.

[quote=ocrenter]
now head out and take full advantage of the situation! =)[/quote]

I’m trying. ;)[/quote]

In the case of Cobble Creek, the house was purchased for nearly $1.2 mil. $200k in improvements on these homes inside and out is doable, but only if the homeowner is quite savvy. If someone bought at the peak, most likely they went on to put another $300-400k inside and out. So basically possibly getting $600k in discount if you are the successful short sale buyer.

[ocrenter]

[quote=briansd1]Speaking of wherewithal, it’s hard for me to understand people buying million dollar houses, then spending the money to put in pool and improvements, without the wherewithal to hang on.

It confirms my theory that buyers max-out on what they can afford, then when they can’t refinance and kick the can down the road, they default.[/quote]

that sums up the bubble.

now head out and take full advantage of the situation! =)

[ocrenter]

[quote=briansd1]Speaking of wherewithal, it’s hard for me to understand people buying million dollar houses, then spending the money to put in pool and improvements, without the wherewithal to hang on.

It confirms my theory that buyers max-out on what they can afford, then when they can’t refinance and kick the can down the road, they default.[/quote]

that sums up the bubble.

now head out and take full advantage of the situation! =)

[ocrenter]

[quote=briansd1]Speaking of wherewithal, it’s hard for me to understand people buying million dollar houses, then spending the money to put in pool and improvements, without the wherewithal to hang on.

It confirms my theory that buyers max-out on what they can afford, then when they can’t refinance and kick the can down the road, they default.[/quote]

that sums up the bubble.

now head out and take full advantage of the situation! =)

[ocrenter]

[quote=briansd1]Speaking of wherewithal, it’s hard for me to understand people buying million dollar houses, then spending the money to put in pool and improvements, without the wherewithal to hang on.

It confirms my theory that buyers max-out on what they can afford, then when they can’t refinance and kick the can down the road, they default.[/quote]

that sums up the bubble.

now head out and take full advantage of the situation! =)

[ocrenter]

[quote=briansd1]Speaking of wherewithal, it’s hard for me to understand people buying million dollar houses, then spending the money to put in pool and improvements, without the wherewithal to hang on.

It confirms my theory that buyers max-out on what they can afford, then when they can’t refinance and kick the can down the road, they default.[/quote]

that sums up the bubble.

now head out and take full advantage of the situation! =)

[ocrenter]

[quote=walterwhite]the amount of your electric usage isnt really the determinative factor. you can buy as many panels as you want and any extra energy you produce goes back to the grid. [/quote]

the added panels also add to your cost. which then push back when you can break even.

[ocrenter]

[quote=walterwhite]the amount of your electric usage isnt really the determinative factor. you can buy as many panels as you want and any extra energy you produce goes back to the grid. [/quote]

the added panels also add to your cost. which then push back when you can break even.

[ocrenter]

[quote=walterwhite]the amount of your electric usage isnt really the determinative factor. you can buy as many panels as you want and any extra energy you produce goes back to the grid. [/quote]

the added panels also add to your cost. which then push back when you can break even.

[ocrenter]

[quote=walterwhite]the amount of your electric usage isnt really the determinative factor. you can buy as many panels as you want and any extra energy you produce goes back to the grid. [/quote]

the added panels also add to your cost. which then push back when you can break even.

[ocrenter]

[quote=walterwhite]the amount of your electric usage isnt really the determinative factor. you can buy as many panels as you want and any extra energy you produce goes back to the grid. [/quote]

the added panels also add to your cost. which then push back when you can break even.

[ocrenter]

[quote=Aecetia]The rebates are pretty good and if you use a lot of electricity, it is probably worth it. Beats burning up in the summer. Definitely worth having someone give you an estimate and have a free energy audit done on your home. We have had solar for a year and it cut the bills in half. Last high bill during the summer was for over 600. due to running the air conditioner. Next improvement will be new insulation. I know that SDG&E will probably figure out a way to raise rates anyway, but this was a solution for now. Love that free sun energy.[/quote]

Ok, if you get bills up to $600 per month I think solar is a no brainer. We max out at roughly $200 per month. Which makes it a lot harder the pencil out. Especially with the concern that there might be significant leap forward in regard to the technology.

For us the real no brainer was the artificial grass. Figuring $200 in monthly saving from the water and gardener, the $8000 cost would take less than 3.5 years to break even. The drop in price compared to just five yrs ago was incredible as well. We are a lot better off waiting for the price drop and “miss” the rebates offered a few yrs ago. I
think solar will likely head down the same path.

[ocrenter]

[quote=Aecetia]The rebates are pretty good and if you use a lot of electricity, it is probably worth it. Beats burning up in the summer. Definitely worth having someone give you an estimate and have a free energy audit done on your home. We have had solar for a year and it cut the bills in half. Last high bill during the summer was for over 600. due to running the air conditioner. Next improvement will be new insulation. I know that SDG&E will probably figure out a way to raise rates anyway, but this was a solution for now. Love that free sun energy.[/quote]

Ok, if you get bills up to $600 per month I think solar is a no brainer. We max out at roughly $200 per month. Which makes it a lot harder the pencil out. Especially with the concern that there might be significant leap forward in regard to the technology.

For us the real no brainer was the artificial grass. Figuring $200 in monthly saving from the water and gardener, the $8000 cost would take less than 3.5 years to break even. The drop in price compared to just five yrs ago was incredible as well. We are a lot better off waiting for the price drop and “miss” the rebates offered a few yrs ago. I
think solar will likely head down the same path.

[ocrenter]

[quote=Aecetia]The rebates are pretty good and if you use a lot of electricity, it is probably worth it. Beats burning up in the summer. Definitely worth having someone give you an estimate and have a free energy audit done on your home. We have had solar for a year and it cut the bills in half. Last high bill during the summer was for over 600. due to running the air conditioner. Next improvement will be new insulation. I know that SDG&E will probably figure out a way to raise rates anyway, but this was a solution for now. Love that free sun energy.[/quote]

Ok, if you get bills up to $600 per month I think solar is a no brainer. We max out at roughly $200 per month. Which makes it a lot harder the pencil out. Especially with the concern that there might be significant leap forward in regard to the technology.

For us the real no brainer was the artificial grass. Figuring $200 in monthly saving from the water and gardener, the $8000 cost would take less than 3.5 years to break even. The drop in price compared to just five yrs ago was incredible as well. We are a lot better off waiting for the price drop and “miss” the rebates offered a few yrs ago. I
think solar will likely head down the same path.

[Author]

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