[Oxford]

I can see that street from my home. Do yourself a favor and stand on the sidewalk on Barcelona behind that house at 7:00 am and 5:30 pm before you buy. If road noise is not a concern, yer golden.

😉

ox

[Oxford]

[quote]Excellent oxford. Do the banks cleanup the mess by Nov and bring all the inventory? Why not so early – so the Fed givingaway 8K amount sale is over by November and I believe it could be bit rush in sales by that timeframe.[/quote]

The bank dumping of inventory was mentioned to me by my agent who is one of the main contributors on this site. My plan was also recommended to me by him.

The Fed’s $8k tax credit applies if you and spouse have not owned a home in the past three years. Plus a ton of other fine print..

http://www.federalhousingtaxcredit.com/2009/faq.php#3

I am not too concerned about that deal affecting the homes I am considering.

There is also concern of investor groups buying up foreclosures and thinning the herd.

But… I am still gambling on the massive amount of foreclosures and trashed economy to push prices down. Abundant distressed property is going to the norm for a long time in my opinion. Nothing is going to change the fact that many people got loans they could not afford in 2005/06 and bought homes insanely overpriced.

ox
…crawling from the wreckage

[Oxford]

[quote]Excellent oxford. Do the banks cleanup the mess by Nov and bring all the inventory? Why not so early – so the Fed givingaway 8K amount sale is over by November and I believe it could be bit rush in sales by that timeframe.[/quote]

The bank dumping of inventory was mentioned to me by my agent who is one of the main contributors on this site. My plan was also recommended to me by him.

The Fed’s $8k tax credit applies if you and spouse have not owned a home in the past three years. Plus a ton of other fine print..

http://www.federalhousingtaxcredit.com/2009/faq.php#3

I am not too concerned about that deal affecting the homes I am considering.

There is also concern of investor groups buying up foreclosures and thinning the herd.

But… I am still gambling on the massive amount of foreclosures and trashed economy to push prices down. Abundant distressed property is going to the norm for a long time in my opinion. Nothing is going to change the fact that many people got loans they could not afford in 2005/06 and bought homes insanely overpriced.

ox
…crawling from the wreckage

[Oxford]

[quote]Excellent oxford. Do the banks cleanup the mess by Nov and bring all the inventory? Why not so early – so the Fed givingaway 8K amount sale is over by November and I believe it could be bit rush in sales by that timeframe.[/quote]

The bank dumping of inventory was mentioned to me by my agent who is one of the main contributors on this site. My plan was also recommended to me by him.

The Fed’s $8k tax credit applies if you and spouse have not owned a home in the past three years. Plus a ton of other fine print..

http://www.federalhousingtaxcredit.com/2009/faq.php#3

I am not too concerned about that deal affecting the homes I am considering.

There is also concern of investor groups buying up foreclosures and thinning the herd.

But… I am still gambling on the massive amount of foreclosures and trashed economy to push prices down. Abundant distressed property is going to the norm for a long time in my opinion. Nothing is going to change the fact that many people got loans they could not afford in 2005/06 and bought homes insanely overpriced.

ox
…crawling from the wreckage

[Oxford]

[quote]Excellent oxford. Do the banks cleanup the mess by Nov and bring all the inventory? Why not so early – so the Fed givingaway 8K amount sale is over by November and I believe it could be bit rush in sales by that timeframe.[/quote]

The bank dumping of inventory was mentioned to me by my agent who is one of the main contributors on this site. My plan was also recommended to me by him.

The Fed’s $8k tax credit applies if you and spouse have not owned a home in the past three years. Plus a ton of other fine print..

http://www.federalhousingtaxcredit.com/2009/faq.php#3

I am not too concerned about that deal affecting the homes I am considering.

There is also concern of investor groups buying up foreclosures and thinning the herd.

But… I am still gambling on the massive amount of foreclosures and trashed economy to push prices down. Abundant distressed property is going to the norm for a long time in my opinion. Nothing is going to change the fact that many people got loans they could not afford in 2005/06 and bought homes insanely overpriced.

ox
…crawling from the wreckage

[Oxford]

[quote]Excellent oxford. Do the banks cleanup the mess by Nov and bring all the inventory? Why not so early – so the Fed givingaway 8K amount sale is over by November and I believe it could be bit rush in sales by that timeframe.[/quote]

The bank dumping of inventory was mentioned to me by my agent who is one of the main contributors on this site. My plan was also recommended to me by him.

The Fed’s $8k tax credit applies if you and spouse have not owned a home in the past three years. Plus a ton of other fine print..

http://www.federalhousingtaxcredit.com/2009/faq.php#3

I am not too concerned about that deal affecting the homes I am considering.

There is also concern of investor groups buying up foreclosures and thinning the herd.

But… I am still gambling on the massive amount of foreclosures and trashed economy to push prices down. Abundant distressed property is going to the norm for a long time in my opinion. Nothing is going to change the fact that many people got loans they could not afford in 2005/06 and bought homes insanely overpriced.

ox
…crawling from the wreckage

[Oxford]

[quote=Tsilatipac][quote=Oxford]I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market.[/quote]

This sounded interesting so I checked our sandicor.com I assume this is “the” agent listing page for San Diego and it is fee for service. Are there any good feeds free to buyers?[/quote]

I had my agent set this up for me with an email feed to me. I also use realtor.com but the sandicor feed offers more and seems more up to date.

ox

[Oxford]

[quote=Tsilatipac][quote=Oxford]I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market.[/quote]

This sounded interesting so I checked our sandicor.com I assume this is “the” agent listing page for San Diego and it is fee for service. Are there any good feeds free to buyers?[/quote]

I had my agent set this up for me with an email feed to me. I also use realtor.com but the sandicor feed offers more and seems more up to date.

ox

[Oxford]

[quote=Tsilatipac][quote=Oxford]I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market.[/quote]

This sounded interesting so I checked our sandicor.com I assume this is “the” agent listing page for San Diego and it is fee for service. Are there any good feeds free to buyers?[/quote]

I had my agent set this up for me with an email feed to me. I also use realtor.com but the sandicor feed offers more and seems more up to date.

ox

[Oxford]

[quote=Tsilatipac][quote=Oxford]I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market.[/quote]

This sounded interesting so I checked our sandicor.com I assume this is “the” agent listing page for San Diego and it is fee for service. Are there any good feeds free to buyers?[/quote]

I had my agent set this up for me with an email feed to me. I also use realtor.com but the sandicor feed offers more and seems more up to date.

ox

[Oxford]

[quote=Tsilatipac][quote=Oxford]I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market.[/quote]

This sounded interesting so I checked our sandicor.com I assume this is “the” agent listing page for San Diego and it is fee for service. Are there any good feeds free to buyers?[/quote]

I had my agent set this up for me with an email feed to me. I also use realtor.com but the sandicor feed offers more and seems more up to date.

ox

[Oxford]

I am waiting about 6 to 8 months (renting) before I buy in east county. (Fallbrook/Escondido)

I am not sure if the bottom has been found yet but believe that a lot more foreclosures are coming on and will be comp killing along the way. Plus, banks will be trying to dump inventory in Oct/Nov to clean up books.

However, it is hard to pass on some amazing cherry homes showing up that fit my needs, but I am sticking to my strategy on this. (my GF is going bonkers but that’s another story). Most of the “cherry” bargin homes are pending in 5 days on market.

To answer your question… it depends. There are GREAT Deals out there NOW and loan rates are insane. There are also economic elements pushing housing prices down farther (I believe).

I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market. (read: be a shark) and you would do very well. Or you could hold up until November and perhaps do GREAT.

ox
…knows when to hold’em

[Oxford]

I am waiting about 6 to 8 months (renting) before I buy in east county. (Fallbrook/Escondido)

I am not sure if the bottom has been found yet but believe that a lot more foreclosures are coming on and will be comp killing along the way. Plus, banks will be trying to dump inventory in Oct/Nov to clean up books.

However, it is hard to pass on some amazing cherry homes showing up that fit my needs, but I am sticking to my strategy on this. (my GF is going bonkers but that’s another story). Most of the “cherry” bargin homes are pending in 5 days on market.

To answer your question… it depends. There are GREAT Deals out there NOW and loan rates are insane. There are also economic elements pushing housing prices down farther (I believe).

I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market. (read: be a shark) and you would do very well. Or you could hold up until November and perhaps do GREAT.

ox
…knows when to hold’em

[Oxford]

I am waiting about 6 to 8 months (renting) before I buy in east county. (Fallbrook/Escondido)

I am not sure if the bottom has been found yet but believe that a lot more foreclosures are coming on and will be comp killing along the way. Plus, banks will be trying to dump inventory in Oct/Nov to clean up books.

However, it is hard to pass on some amazing cherry homes showing up that fit my needs, but I am sticking to my strategy on this. (my GF is going bonkers but that’s another story). Most of the “cherry” bargin homes are pending in 5 days on market.

To answer your question… it depends. There are GREAT Deals out there NOW and loan rates are insane. There are also economic elements pushing housing prices down farther (I believe).

I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market. (read: be a shark) and you would do very well. Or you could hold up until November and perhaps do GREAT.

ox
…knows when to hold’em

[Oxford]

I am waiting about 6 to 8 months (renting) before I buy in east county. (Fallbrook/Escondido)

I am not sure if the bottom has been found yet but believe that a lot more foreclosures are coming on and will be comp killing along the way. Plus, banks will be trying to dump inventory in Oct/Nov to clean up books.

However, it is hard to pass on some amazing cherry homes showing up that fit my needs, but I am sticking to my strategy on this. (my GF is going bonkers but that’s another story). Most of the “cherry” bargin homes are pending in 5 days on market.

To answer your question… it depends. There are GREAT Deals out there NOW and loan rates are insane. There are also economic elements pushing housing prices down farther (I believe).

I think if your temperament is impatient, you could monitor a Sandicor Feed of your specs and snag a bargain as soon as it came on the market. (read: be a shark) and you would do very well. Or you could hold up until November and perhaps do GREAT.

ox
…knows when to hold’em

[Author]

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