Forum Replies Created
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Ren
Participant[quote=temeculaguy]
Ren, you are absolutely going to love the town and the low mortgage payment, especially the low payment. It’s been almost a year since I jumped back in and I have the lowest payment to income ratio of my life. For the first time in my life I wasn’t house poor during that dreaded first year after buying, I cannot find the words to express the peace of mind that biting off less than you can chew will bring. I’ve always bought what I could barely afford at a fixed rate and then allowed time and inflation to balance things out. In retrospect, that wasn’t a bad plan, it’s just not as good as going ultra affordable. Anyway, welcome to the hood, drinks on me.[/quote]Thanks tg, I might take you up on that. We were actually thinking of becoming a member of one of the wineries, maybe Ponte. Then my wife had to go and get pregnant again.
Loving the payment already and haven’t made one yet. We’ve got about a month to go before actually moving in, first need to help the Lowes folks pay for their kids’ college.
Participant[quote=temeculaguy]
Ren, you are absolutely going to love the town and the low mortgage payment, especially the low payment. It’s been almost a year since I jumped back in and I have the lowest payment to income ratio of my life. For the first time in my life I wasn’t house poor during that dreaded first year after buying, I cannot find the words to express the peace of mind that biting off less than you can chew will bring. I’ve always bought what I could barely afford at a fixed rate and then allowed time and inflation to balance things out. In retrospect, that wasn’t a bad plan, it’s just not as good as going ultra affordable. Anyway, welcome to the hood, drinks on me.[/quote]Thanks tg, I might take you up on that. We were actually thinking of becoming a member of one of the wineries, maybe Ponte. Then my wife had to go and get pregnant again.
Loving the payment already and haven’t made one yet. We’ve got about a month to go before actually moving in, first need to help the Lowes folks pay for their kids’ college.
Participant[quote=temeculaguy]
Ren, you are absolutely going to love the town and the low mortgage payment, especially the low payment. It’s been almost a year since I jumped back in and I have the lowest payment to income ratio of my life. For the first time in my life I wasn’t house poor during that dreaded first year after buying, I cannot find the words to express the peace of mind that biting off less than you can chew will bring. I’ve always bought what I could barely afford at a fixed rate and then allowed time and inflation to balance things out. In retrospect, that wasn’t a bad plan, it’s just not as good as going ultra affordable. Anyway, welcome to the hood, drinks on me.[/quote]Thanks tg, I might take you up on that. We were actually thinking of becoming a member of one of the wineries, maybe Ponte. Then my wife had to go and get pregnant again.
Loving the payment already and haven’t made one yet. We’ve got about a month to go before actually moving in, first need to help the Lowes folks pay for their kids’ college.
Participant[quote=temeculaguy]
Ren, you are absolutely going to love the town and the low mortgage payment, especially the low payment. It’s been almost a year since I jumped back in and I have the lowest payment to income ratio of my life. For the first time in my life I wasn’t house poor during that dreaded first year after buying, I cannot find the words to express the peace of mind that biting off less than you can chew will bring. I’ve always bought what I could barely afford at a fixed rate and then allowed time and inflation to balance things out. In retrospect, that wasn’t a bad plan, it’s just not as good as going ultra affordable. Anyway, welcome to the hood, drinks on me.[/quote]Thanks tg, I might take you up on that. We were actually thinking of becoming a member of one of the wineries, maybe Ponte. Then my wife had to go and get pregnant again.
Loving the payment already and haven’t made one yet. We’ve got about a month to go before actually moving in, first need to help the Lowes folks pay for their kids’ college.
ParticipantI’m with EconProf on whether to use a realtor or not. I found it very useful. We used a newbie, and while he made some mistakes, he worked very hard for us.
As for agents not working for their money, that’s true in some cases, but for the most part, the successful ones work their asses off, 60 hours/week+. It’s the pay structure that’s messed up. I can understand some disparity between realtor salaries in different areas of the country, but it’s currently really, really bad. Too dependent on price and not enough on workload.
And that’s coming from a soon-to-be licensee (warm up the flames, Rt.66! At least I’m doing it the right way, via college, not a 48-hour course). Because I plan to be up front with my opinion of the state of the market, I’ll be working in Temecula rather than the coast, so the honesty won’t adversely affect my sales.
ParticipantI’m with EconProf on whether to use a realtor or not. I found it very useful. We used a newbie, and while he made some mistakes, he worked very hard for us.
As for agents not working for their money, that’s true in some cases, but for the most part, the successful ones work their asses off, 60 hours/week+. It’s the pay structure that’s messed up. I can understand some disparity between realtor salaries in different areas of the country, but it’s currently really, really bad. Too dependent on price and not enough on workload.
And that’s coming from a soon-to-be licensee (warm up the flames, Rt.66! At least I’m doing it the right way, via college, not a 48-hour course). Because I plan to be up front with my opinion of the state of the market, I’ll be working in Temecula rather than the coast, so the honesty won’t adversely affect my sales.
ParticipantI’m with EconProf on whether to use a realtor or not. I found it very useful. We used a newbie, and while he made some mistakes, he worked very hard for us.
As for agents not working for their money, that’s true in some cases, but for the most part, the successful ones work their asses off, 60 hours/week+. It’s the pay structure that’s messed up. I can understand some disparity between realtor salaries in different areas of the country, but it’s currently really, really bad. Too dependent on price and not enough on workload.
And that’s coming from a soon-to-be licensee (warm up the flames, Rt.66! At least I’m doing it the right way, via college, not a 48-hour course). Because I plan to be up front with my opinion of the state of the market, I’ll be working in Temecula rather than the coast, so the honesty won’t adversely affect my sales.
ParticipantI’m with EconProf on whether to use a realtor or not. I found it very useful. We used a newbie, and while he made some mistakes, he worked very hard for us.
As for agents not working for their money, that’s true in some cases, but for the most part, the successful ones work their asses off, 60 hours/week+. It’s the pay structure that’s messed up. I can understand some disparity between realtor salaries in different areas of the country, but it’s currently really, really bad. Too dependent on price and not enough on workload.
And that’s coming from a soon-to-be licensee (warm up the flames, Rt.66! At least I’m doing it the right way, via college, not a 48-hour course). Because I plan to be up front with my opinion of the state of the market, I’ll be working in Temecula rather than the coast, so the honesty won’t adversely affect my sales.
ParticipantI’m with EconProf on whether to use a realtor or not. I found it very useful. We used a newbie, and while he made some mistakes, he worked very hard for us.
As for agents not working for their money, that’s true in some cases, but for the most part, the successful ones work their asses off, 60 hours/week+. It’s the pay structure that’s messed up. I can understand some disparity between realtor salaries in different areas of the country, but it’s currently really, really bad. Too dependent on price and not enough on workload.
And that’s coming from a soon-to-be licensee (warm up the flames, Rt.66! At least I’m doing it the right way, via college, not a 48-hour course). Because I plan to be up front with my opinion of the state of the market, I’ll be working in Temecula rather than the coast, so the honesty won’t adversely affect my sales.
Participant[quote=creechrr]Huh? What? How were you at his mercy? Could you please elaborate?
I don’t see how an agent could hold you hostage like you suggest. I’m sure you had options.[/quote]
Sure, we had the option of walking away. The problem is that the house is one in a thousand. I’ve been watching the market like a hawk for 2 years and haven’t seen one more perfect for our plans and price range (awesome location and condition). We didn’t let on about this, but when you want a house badly enough, the realtor’s lies do more damage. I’m sure they always claim there are other offers, but inventory has been so bad for the last year and a half that we didn’t want to pass this one up, and so had to take his claims at face value. I’m guessing he squeezed an extra $5k out of us, but in retrospect it was worth it. It appraised at the sales amount, at least.
It’s his other behavior (constant obnoxious phone calls to our agent and lender pushing for closing) that is going to get a letter written to his broker, the NAR and CAR. Not that it will do any good.
Participant[quote=creechrr]Huh? What? How were you at his mercy? Could you please elaborate?
I don’t see how an agent could hold you hostage like you suggest. I’m sure you had options.[/quote]
Sure, we had the option of walking away. The problem is that the house is one in a thousand. I’ve been watching the market like a hawk for 2 years and haven’t seen one more perfect for our plans and price range (awesome location and condition). We didn’t let on about this, but when you want a house badly enough, the realtor’s lies do more damage. I’m sure they always claim there are other offers, but inventory has been so bad for the last year and a half that we didn’t want to pass this one up, and so had to take his claims at face value. I’m guessing he squeezed an extra $5k out of us, but in retrospect it was worth it. It appraised at the sales amount, at least.
It’s his other behavior (constant obnoxious phone calls to our agent and lender pushing for closing) that is going to get a letter written to his broker, the NAR and CAR. Not that it will do any good.
Participant[quote=creechrr]Huh? What? How were you at his mercy? Could you please elaborate?
I don’t see how an agent could hold you hostage like you suggest. I’m sure you had options.[/quote]
Sure, we had the option of walking away. The problem is that the house is one in a thousand. I’ve been watching the market like a hawk for 2 years and haven’t seen one more perfect for our plans and price range (awesome location and condition). We didn’t let on about this, but when you want a house badly enough, the realtor’s lies do more damage. I’m sure they always claim there are other offers, but inventory has been so bad for the last year and a half that we didn’t want to pass this one up, and so had to take his claims at face value. I’m guessing he squeezed an extra $5k out of us, but in retrospect it was worth it. It appraised at the sales amount, at least.
It’s his other behavior (constant obnoxious phone calls to our agent and lender pushing for closing) that is going to get a letter written to his broker, the NAR and CAR. Not that it will do any good.
Participant[quote=creechrr]Huh? What? How were you at his mercy? Could you please elaborate?
I don’t see how an agent could hold you hostage like you suggest. I’m sure you had options.[/quote]
Sure, we had the option of walking away. The problem is that the house is one in a thousand. I’ve been watching the market like a hawk for 2 years and haven’t seen one more perfect for our plans and price range (awesome location and condition). We didn’t let on about this, but when you want a house badly enough, the realtor’s lies do more damage. I’m sure they always claim there are other offers, but inventory has been so bad for the last year and a half that we didn’t want to pass this one up, and so had to take his claims at face value. I’m guessing he squeezed an extra $5k out of us, but in retrospect it was worth it. It appraised at the sales amount, at least.
It’s his other behavior (constant obnoxious phone calls to our agent and lender pushing for closing) that is going to get a letter written to his broker, the NAR and CAR. Not that it will do any good.
Participant[quote=creechrr]Huh? What? How were you at his mercy? Could you please elaborate?
I don’t see how an agent could hold you hostage like you suggest. I’m sure you had options.[/quote]
Sure, we had the option of walking away. The problem is that the house is one in a thousand. I’ve been watching the market like a hawk for 2 years and haven’t seen one more perfect for our plans and price range (awesome location and condition). We didn’t let on about this, but when you want a house badly enough, the realtor’s lies do more damage. I’m sure they always claim there are other offers, but inventory has been so bad for the last year and a half that we didn’t want to pass this one up, and so had to take his claims at face value. I’m guessing he squeezed an extra $5k out of us, but in retrospect it was worth it. It appraised at the sales amount, at least.
It’s his other behavior (constant obnoxious phone calls to our agent and lender pushing for closing) that is going to get a letter written to his broker, the NAR and CAR. Not that it will do any good.
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