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Peace
ParticipantHey WTS,
This is how I feel and I think most of us bears on Piggs feel – we know how much we can / are willing to pay for a house, and if you are willing to take it, then we have a deal.
As someone who has paid CASH for two of the four houses I have bought in my lifetime, I never take into consideration how much the buyer thinks it’s worth – it’s only about what it is worth to me – take it or leave it.
I’m the same person who walks in to a car dealer with a cash limit – when the dealer tries to tell me what I could have for that cash as a down payment, I just let him know that I am a very impatient person and I only have time to see and buy in that price-range and he better get on with it.
I’m saying that the buyers probably don’t really care what you think and don’t owe you no stinkin explanation – I have a feeling that most of the buyers out there right now are us hold-outs that know what we’re doing with our money.
Peace
ParticipantHey WTS,
This is how I feel and I think most of us bears on Piggs feel – we know how much we can / are willing to pay for a house, and if you are willing to take it, then we have a deal.
As someone who has paid CASH for two of the four houses I have bought in my lifetime, I never take into consideration how much the buyer thinks it’s worth – it’s only about what it is worth to me – take it or leave it.
I’m the same person who walks in to a car dealer with a cash limit – when the dealer tries to tell me what I could have for that cash as a down payment, I just let him know that I am a very impatient person and I only have time to see and buy in that price-range and he better get on with it.
I’m saying that the buyers probably don’t really care what you think and don’t owe you no stinkin explanation – I have a feeling that most of the buyers out there right now are us hold-outs that know what we’re doing with our money.
Peace
ParticipantHey WTS,
This is how I feel and I think most of us bears on Piggs feel – we know how much we can / are willing to pay for a house, and if you are willing to take it, then we have a deal.
As someone who has paid CASH for two of the four houses I have bought in my lifetime, I never take into consideration how much the buyer thinks it’s worth – it’s only about what it is worth to me – take it or leave it.
I’m the same person who walks in to a car dealer with a cash limit – when the dealer tries to tell me what I could have for that cash as a down payment, I just let him know that I am a very impatient person and I only have time to see and buy in that price-range and he better get on with it.
I’m saying that the buyers probably don’t really care what you think and don’t owe you no stinkin explanation – I have a feeling that most of the buyers out there right now are us hold-outs that know what we’re doing with our money.
Peace
ParticipantHey WTS,
This is how I feel and I think most of us bears on Piggs feel – we know how much we can / are willing to pay for a house, and if you are willing to take it, then we have a deal.
As someone who has paid CASH for two of the four houses I have bought in my lifetime, I never take into consideration how much the buyer thinks it’s worth – it’s only about what it is worth to me – take it or leave it.
I’m the same person who walks in to a car dealer with a cash limit – when the dealer tries to tell me what I could have for that cash as a down payment, I just let him know that I am a very impatient person and I only have time to see and buy in that price-range and he better get on with it.
I’m saying that the buyers probably don’t really care what you think and don’t owe you no stinkin explanation – I have a feeling that most of the buyers out there right now are us hold-outs that know what we’re doing with our money.
Peace
ParticipantI also think that many of the baby boomers bought homes to get into the good neighborhoods and good school districts knowing full well that they did not want to “carry” the big house with big costs into retirement.
It was part of their “retirement plan” to sacrifice while raising the kids and make up for it later by cashing out.
But like I said in earlier post, many baby boomers have been cashing out all along the way (equity loans) and didn’t count on not being able to cash out.
The best thing some state could do right now is to make retirees offers they can’t refuse. This is how I see it, revive some of the dying urban areas and offer very nice small condos or cottages within walking distance to all amenities and great public transportation to and from adjacent metropolitan areas that offer state of the art medical facilities.
And, of course low, low taxesPeace
ParticipantI also think that many of the baby boomers bought homes to get into the good neighborhoods and good school districts knowing full well that they did not want to “carry” the big house with big costs into retirement.
It was part of their “retirement plan” to sacrifice while raising the kids and make up for it later by cashing out.
But like I said in earlier post, many baby boomers have been cashing out all along the way (equity loans) and didn’t count on not being able to cash out.
The best thing some state could do right now is to make retirees offers they can’t refuse. This is how I see it, revive some of the dying urban areas and offer very nice small condos or cottages within walking distance to all amenities and great public transportation to and from adjacent metropolitan areas that offer state of the art medical facilities.
And, of course low, low taxesPeace
ParticipantI also think that many of the baby boomers bought homes to get into the good neighborhoods and good school districts knowing full well that they did not want to “carry” the big house with big costs into retirement.
It was part of their “retirement plan” to sacrifice while raising the kids and make up for it later by cashing out.
But like I said in earlier post, many baby boomers have been cashing out all along the way (equity loans) and didn’t count on not being able to cash out.
The best thing some state could do right now is to make retirees offers they can’t refuse. This is how I see it, revive some of the dying urban areas and offer very nice small condos or cottages within walking distance to all amenities and great public transportation to and from adjacent metropolitan areas that offer state of the art medical facilities.
And, of course low, low taxesPeace
ParticipantI also think that many of the baby boomers bought homes to get into the good neighborhoods and good school districts knowing full well that they did not want to “carry” the big house with big costs into retirement.
It was part of their “retirement plan” to sacrifice while raising the kids and make up for it later by cashing out.
But like I said in earlier post, many baby boomers have been cashing out all along the way (equity loans) and didn’t count on not being able to cash out.
The best thing some state could do right now is to make retirees offers they can’t refuse. This is how I see it, revive some of the dying urban areas and offer very nice small condos or cottages within walking distance to all amenities and great public transportation to and from adjacent metropolitan areas that offer state of the art medical facilities.
And, of course low, low taxesPeace
ParticipantI also think that many of the baby boomers bought homes to get into the good neighborhoods and good school districts knowing full well that they did not want to “carry” the big house with big costs into retirement.
It was part of their “retirement plan” to sacrifice while raising the kids and make up for it later by cashing out.
But like I said in earlier post, many baby boomers have been cashing out all along the way (equity loans) and didn’t count on not being able to cash out.
The best thing some state could do right now is to make retirees offers they can’t refuse. This is how I see it, revive some of the dying urban areas and offer very nice small condos or cottages within walking distance to all amenities and great public transportation to and from adjacent metropolitan areas that offer state of the art medical facilities.
And, of course low, low taxesPeace
ParticipantI was listening to a hearing on C-Span a few months back about the state of the economy, one of the surprises to everyone was that in projecting the future it was assumed that there were a lot of baby boomers sitting on a lot of equity, but research proved that WRONG – much to everyone’s dismay was that baby boomers have tapped into their equity as severely as all the population. The forecast for the future state of the economy had been betting on the baby boomers having equity, and that had many of the “experts” at the hearing shaking in their boots.
Anyway, you who are whippersnappers, don’t assume that the baby boomer homeowners are sitting on a pile of equity. I personnally know many who have had to spend the bulk of it helping their adult kids – another trickle down of this insane economy.
Peace
ParticipantI was listening to a hearing on C-Span a few months back about the state of the economy, one of the surprises to everyone was that in projecting the future it was assumed that there were a lot of baby boomers sitting on a lot of equity, but research proved that WRONG – much to everyone’s dismay was that baby boomers have tapped into their equity as severely as all the population. The forecast for the future state of the economy had been betting on the baby boomers having equity, and that had many of the “experts” at the hearing shaking in their boots.
Anyway, you who are whippersnappers, don’t assume that the baby boomer homeowners are sitting on a pile of equity. I personnally know many who have had to spend the bulk of it helping their adult kids – another trickle down of this insane economy.
Peace
ParticipantI was listening to a hearing on C-Span a few months back about the state of the economy, one of the surprises to everyone was that in projecting the future it was assumed that there were a lot of baby boomers sitting on a lot of equity, but research proved that WRONG – much to everyone’s dismay was that baby boomers have tapped into their equity as severely as all the population. The forecast for the future state of the economy had been betting on the baby boomers having equity, and that had many of the “experts” at the hearing shaking in their boots.
Anyway, you who are whippersnappers, don’t assume that the baby boomer homeowners are sitting on a pile of equity. I personnally know many who have had to spend the bulk of it helping their adult kids – another trickle down of this insane economy.
Peace
ParticipantI was listening to a hearing on C-Span a few months back about the state of the economy, one of the surprises to everyone was that in projecting the future it was assumed that there were a lot of baby boomers sitting on a lot of equity, but research proved that WRONG – much to everyone’s dismay was that baby boomers have tapped into their equity as severely as all the population. The forecast for the future state of the economy had been betting on the baby boomers having equity, and that had many of the “experts” at the hearing shaking in their boots.
Anyway, you who are whippersnappers, don’t assume that the baby boomer homeowners are sitting on a pile of equity. I personnally know many who have had to spend the bulk of it helping their adult kids – another trickle down of this insane economy.
Peace
ParticipantI was listening to a hearing on C-Span a few months back about the state of the economy, one of the surprises to everyone was that in projecting the future it was assumed that there were a lot of baby boomers sitting on a lot of equity, but research proved that WRONG – much to everyone’s dismay was that baby boomers have tapped into their equity as severely as all the population. The forecast for the future state of the economy had been betting on the baby boomers having equity, and that had many of the “experts” at the hearing shaking in their boots.
Anyway, you who are whippersnappers, don’t assume that the baby boomer homeowners are sitting on a pile of equity. I personnally know many who have had to spend the bulk of it helping their adult kids – another trickle down of this insane economy.
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