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pemeliza
ParticipantSeems early for them to have already reassessed if it closed in October. I don’t think the county is working that fast at the moment. Its possible the bill reflects a previous reassessment. Check with the county.
pemeliza
ParticipantSeems early for them to have already reassessed if it closed in October. I don’t think the county is working that fast at the moment. Its possible the bill reflects a previous reassessment. Check with the county.
pemeliza
ParticipantSDR: Last year, I bailed out on a short sale in Helix because something came up on my favorite street in Carlsbad (Obelisco Pl). The house in Carlsbad was perfect and priced at 799k which seemed like a great deal. Problem was it was too good a deal and the house sold for high 8’s and we could not go above 825k. Went back to the short sale in Helix and another buyer had already jumped in to take our place. We waited 6 months to get that short sale approved in Helix at our price. The house was perfect for us but we still had reservations about living in Helix so we were tempted by the Carlsbad REO. I was cursing myself all this year until we found our new house in MH.
I think you too will find the right deal to make you forget about Pudregal and I think it will happen sooner than you think!
pemeliza
ParticipantSDR: Last year, I bailed out on a short sale in Helix because something came up on my favorite street in Carlsbad (Obelisco Pl). The house in Carlsbad was perfect and priced at 799k which seemed like a great deal. Problem was it was too good a deal and the house sold for high 8’s and we could not go above 825k. Went back to the short sale in Helix and another buyer had already jumped in to take our place. We waited 6 months to get that short sale approved in Helix at our price. The house was perfect for us but we still had reservations about living in Helix so we were tempted by the Carlsbad REO. I was cursing myself all this year until we found our new house in MH.
I think you too will find the right deal to make you forget about Pudregal and I think it will happen sooner than you think!
pemeliza
ParticipantSDR: Last year, I bailed out on a short sale in Helix because something came up on my favorite street in Carlsbad (Obelisco Pl). The house in Carlsbad was perfect and priced at 799k which seemed like a great deal. Problem was it was too good a deal and the house sold for high 8’s and we could not go above 825k. Went back to the short sale in Helix and another buyer had already jumped in to take our place. We waited 6 months to get that short sale approved in Helix at our price. The house was perfect for us but we still had reservations about living in Helix so we were tempted by the Carlsbad REO. I was cursing myself all this year until we found our new house in MH.
I think you too will find the right deal to make you forget about Pudregal and I think it will happen sooner than you think!
pemeliza
ParticipantSDR: Last year, I bailed out on a short sale in Helix because something came up on my favorite street in Carlsbad (Obelisco Pl). The house in Carlsbad was perfect and priced at 799k which seemed like a great deal. Problem was it was too good a deal and the house sold for high 8’s and we could not go above 825k. Went back to the short sale in Helix and another buyer had already jumped in to take our place. We waited 6 months to get that short sale approved in Helix at our price. The house was perfect for us but we still had reservations about living in Helix so we were tempted by the Carlsbad REO. I was cursing myself all this year until we found our new house in MH.
I think you too will find the right deal to make you forget about Pudregal and I think it will happen sooner than you think!
pemeliza
ParticipantSDR: Last year, I bailed out on a short sale in Helix because something came up on my favorite street in Carlsbad (Obelisco Pl). The house in Carlsbad was perfect and priced at 799k which seemed like a great deal. Problem was it was too good a deal and the house sold for high 8’s and we could not go above 825k. Went back to the short sale in Helix and another buyer had already jumped in to take our place. We waited 6 months to get that short sale approved in Helix at our price. The house was perfect for us but we still had reservations about living in Helix so we were tempted by the Carlsbad REO. I was cursing myself all this year until we found our new house in MH.
I think you too will find the right deal to make you forget about Pudregal and I think it will happen sooner than you think!
pemeliza
ParticipantSD Realtor, did you give up on Scripps Ranch?
pemeliza
ParticipantSD Realtor, did you give up on Scripps Ranch?
pemeliza
ParticipantSD Realtor, did you give up on Scripps Ranch?
pemeliza
ParticipantSD Realtor, did you give up on Scripps Ranch?
pemeliza
ParticipantSD Realtor, did you give up on Scripps Ranch?
November 15, 2009 at 4:54 PM in reply to: When does it make financial sense to just dump your house??? #483668pemeliza
ParticipantMany factors to consider. I would consider proximity to work for example. If you have a long commute that would be something that you could improve by renting.
Sounds like to me you are looking to a strategic default. Good thing you didn’t put any money down.
I would check with an attorney and see if there are any ramifications of doing the loan mod on your ability to walk away from the loans non-recourse. I know purchase loans are non-recourse but the mod might be viewed as a re-fi.
November 15, 2009 at 4:54 PM in reply to: When does it make financial sense to just dump your house??? #483750pemeliza
ParticipantMany factors to consider. I would consider proximity to work for example. If you have a long commute that would be something that you could improve by renting.
Sounds like to me you are looking to a strategic default. Good thing you didn’t put any money down.
I would check with an attorney and see if there are any ramifications of doing the loan mod on your ability to walk away from the loans non-recourse. I know purchase loans are non-recourse but the mod might be viewed as a re-fi.
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