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paramount
ParticipantFrom the street level, I would say rent in and around Temecula is falling sharply.
ParticipantFrom the street level, I would say rent in and around Temecula is falling sharply.
ParticipantFrom the street level, I would say rent in and around Temecula is falling sharply.
ParticipantFrom the street level, I would say rent in and around Temecula is falling sharply.
ParticipantFrom the street level, I would say rent in and around Temecula is falling sharply.
ParticipantTG: You described my situation perfectly except for one difference: we are not rent neutral.
At best I believe we could rent our house in the 1400-1500 range.
My neighbor rented and the renters have already stopped paying rent.
Isn’t this time truly different though? In previous cycles, was there massive fraud going on – with all of these crazy loans?
Having bought in past cycles, those cycles seemed to be due to normal “natural” economic cycles.
ParticipantTG: You described my situation perfectly except for one difference: we are not rent neutral.
At best I believe we could rent our house in the 1400-1500 range.
My neighbor rented and the renters have already stopped paying rent.
Isn’t this time truly different though? In previous cycles, was there massive fraud going on – with all of these crazy loans?
Having bought in past cycles, those cycles seemed to be due to normal “natural” economic cycles.
ParticipantTG: You described my situation perfectly except for one difference: we are not rent neutral.
At best I believe we could rent our house in the 1400-1500 range.
My neighbor rented and the renters have already stopped paying rent.
Isn’t this time truly different though? In previous cycles, was there massive fraud going on – with all of these crazy loans?
Having bought in past cycles, those cycles seemed to be due to normal “natural” economic cycles.
ParticipantTG: You described my situation perfectly except for one difference: we are not rent neutral.
At best I believe we could rent our house in the 1400-1500 range.
My neighbor rented and the renters have already stopped paying rent.
Isn’t this time truly different though? In previous cycles, was there massive fraud going on – with all of these crazy loans?
Having bought in past cycles, those cycles seemed to be due to normal “natural” economic cycles.
ParticipantTG: You described my situation perfectly except for one difference: we are not rent neutral.
At best I believe we could rent our house in the 1400-1500 range.
My neighbor rented and the renters have already stopped paying rent.
Isn’t this time truly different though? In previous cycles, was there massive fraud going on – with all of these crazy loans?
Having bought in past cycles, those cycles seemed to be due to normal “natural” economic cycles.
ParticipantI am in a similiar situation: I bought my current home 6 years ago for 270k. I put about 25k down, have a 5% fixed 30 year loan, my PITI is just over 1500.
Now the problem: I estimate the value of my house at about 170k, not including selling costs. The neighborhood in those 6 years has become about 50% rentals and in general decline IMO.
Like TG, I made mistakes in the past with Real Estate (selling properties that I should have held) – now I don’t have a pot to piss in or a window to throw it out of.
I am not a Happy Camper at all.
ParticipantI am in a similiar situation: I bought my current home 6 years ago for 270k. I put about 25k down, have a 5% fixed 30 year loan, my PITI is just over 1500.
Now the problem: I estimate the value of my house at about 170k, not including selling costs. The neighborhood in those 6 years has become about 50% rentals and in general decline IMO.
Like TG, I made mistakes in the past with Real Estate (selling properties that I should have held) – now I don’t have a pot to piss in or a window to throw it out of.
I am not a Happy Camper at all.
ParticipantI am in a similiar situation: I bought my current home 6 years ago for 270k. I put about 25k down, have a 5% fixed 30 year loan, my PITI is just over 1500.
Now the problem: I estimate the value of my house at about 170k, not including selling costs. The neighborhood in those 6 years has become about 50% rentals and in general decline IMO.
Like TG, I made mistakes in the past with Real Estate (selling properties that I should have held) – now I don’t have a pot to piss in or a window to throw it out of.
I am not a Happy Camper at all.
ParticipantI am in a similiar situation: I bought my current home 6 years ago for 270k. I put about 25k down, have a 5% fixed 30 year loan, my PITI is just over 1500.
Now the problem: I estimate the value of my house at about 170k, not including selling costs. The neighborhood in those 6 years has become about 50% rentals and in general decline IMO.
Like TG, I made mistakes in the past with Real Estate (selling properties that I should have held) – now I don’t have a pot to piss in or a window to throw it out of.
I am not a Happy Camper at all.
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