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PadreBrian
ParticipantIt’s 2 to 3 years, depending on lender.
PadreBrian
ParticipantWell, there goes the dollar. So in a few months the dollar will only be worth 50% of the euro? wow, just wow. The US dollar was worth 1.15 times the euro when Clinton was in office.
This Saudi change also means higher gas prices. But, we already knew that.
PadreBrian
Participantoil
Gas was 1.05 in San Diego when Clinton left the oval office.
September 14, 2007 at 12:46 PM in reply to: Outstanding housing market analysis at National City bank #84567PadreBrian
ParticipantThey are creaping down. 4th quarter should be down to 10% overvalued.
PadreBrian
ParticipantIn order to submit an offer, you have to have a pre-approval from you bank anyway. So I have no clue what you are talking about.
With bank owned reo’s be sure to keep at them. Their computer won’t let them take your low-ball offer too early. BUT, when the comps start rolling in with around the same PPSF, then the bank will take it. It also helps to run comps yourself (or your broker), do a 5 mile radius and only include sales in the last month. THEN submit that with your offer. The great thing is that will pick up the short sales, and that will get bank motivated.
GL
PadreBrian
ParticipantOkay, we have a winner. It’s all there. Nasty rat hole, dishes, unlit rooms, unmade beds, mirrored living room, bad dry wall through-out, exposed wires, tile job from hell, “curtains” from TJ cathouse, dead back yard with our barrio fence, and paved front yard. All yours for $430,000.
It’s going to be hard to top that.
PadreBrian
Participant$430k???!!!! hahahahaha
PadreBrian
ParticipantWhat is San Diego’s 125% median?
PadreBrian
Participanthahaha, only if returning GI can buy a 800k+ home!
lol
PadreBrian
Participant2 years worth or living for 24 bucks. lol, now that’s one hell of a deal.
PadreBrian
ParticipantI have been making 2002price offers. No budge yet. Sellerss are down to 2004 prices, but needs another few years of flipping knocked off.
PadreBrian
ParticipantThis won’t help people who took out the liar loans for 800k, and can only dti qualify for 400k. So, in that since, this ain’t too bad. It also looks like not too much tax payer money will be use…since it’s so hard to qualify.
PadreBrian
ParticipantIf you go visit Carriage Run or Arabella you’ll find they LOADED thier “starter family” homes up to the 820’s! Starting families can’t buy those houses without liar loans…so thus they aren’t selling. Note to Pardee: Stop reduce your prices and stop overloading ALL your houses with every option in the book.
PadreBrian
ParticipantIf you go visit Carriage Run or Arabella you’ll find they LOADED there “starter family” homes up to the 820’s! Starting families can’t buy those houses without liar loans…so thus they aren’t selling. Note to Pardee: Stop reduce your prices and stop overloading ALL your houses with every option in the book.
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