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Ren
ParticipantTough to put a price on that one. It’s not like there are comps.
ParticipantTough to put a price on that one. It’s not like there are comps.
ParticipantTough to put a price on that one. It’s not like there are comps.
ParticipantTough to put a price on that one. It’s not like there are comps.
ParticipantI was talking with the MIL about all-cash flippers reselling for big profits, and she freaked a little, saying they should all go to “their own special level of hell”. This was a bit of a surprise, and after telling her that I would be doing exactly the same thing if I had the money, I explained that A) the flippers get their profit, B) the bank gets a loan, and C) the little guy gets a home. Everyone’s happy, so where’s the harm? She just mumbled something about “evil” and didn’t really have an answer.
I’m a little guy also, and I really don’t see the big deal in paying list price for a place, as long as it’s reasonable compared to rents. I just put in an offer on a really great Temecula place for $120/sf. That’s high compared to last year, and yeah I would be “overpaying”, but still so ridiculously affordable that there’s really no reason to bitch about it. I couldn’t rent an equivalent place in SD for $1,000/month more.
ParticipantI was talking with the MIL about all-cash flippers reselling for big profits, and she freaked a little, saying they should all go to “their own special level of hell”. This was a bit of a surprise, and after telling her that I would be doing exactly the same thing if I had the money, I explained that A) the flippers get their profit, B) the bank gets a loan, and C) the little guy gets a home. Everyone’s happy, so where’s the harm? She just mumbled something about “evil” and didn’t really have an answer.
I’m a little guy also, and I really don’t see the big deal in paying list price for a place, as long as it’s reasonable compared to rents. I just put in an offer on a really great Temecula place for $120/sf. That’s high compared to last year, and yeah I would be “overpaying”, but still so ridiculously affordable that there’s really no reason to bitch about it. I couldn’t rent an equivalent place in SD for $1,000/month more.
ParticipantI was talking with the MIL about all-cash flippers reselling for big profits, and she freaked a little, saying they should all go to “their own special level of hell”. This was a bit of a surprise, and after telling her that I would be doing exactly the same thing if I had the money, I explained that A) the flippers get their profit, B) the bank gets a loan, and C) the little guy gets a home. Everyone’s happy, so where’s the harm? She just mumbled something about “evil” and didn’t really have an answer.
I’m a little guy also, and I really don’t see the big deal in paying list price for a place, as long as it’s reasonable compared to rents. I just put in an offer on a really great Temecula place for $120/sf. That’s high compared to last year, and yeah I would be “overpaying”, but still so ridiculously affordable that there’s really no reason to bitch about it. I couldn’t rent an equivalent place in SD for $1,000/month more.
ParticipantI was talking with the MIL about all-cash flippers reselling for big profits, and she freaked a little, saying they should all go to “their own special level of hell”. This was a bit of a surprise, and after telling her that I would be doing exactly the same thing if I had the money, I explained that A) the flippers get their profit, B) the bank gets a loan, and C) the little guy gets a home. Everyone’s happy, so where’s the harm? She just mumbled something about “evil” and didn’t really have an answer.
I’m a little guy also, and I really don’t see the big deal in paying list price for a place, as long as it’s reasonable compared to rents. I just put in an offer on a really great Temecula place for $120/sf. That’s high compared to last year, and yeah I would be “overpaying”, but still so ridiculously affordable that there’s really no reason to bitch about it. I couldn’t rent an equivalent place in SD for $1,000/month more.
ParticipantI was talking with the MIL about all-cash flippers reselling for big profits, and she freaked a little, saying they should all go to “their own special level of hell”. This was a bit of a surprise, and after telling her that I would be doing exactly the same thing if I had the money, I explained that A) the flippers get their profit, B) the bank gets a loan, and C) the little guy gets a home. Everyone’s happy, so where’s the harm? She just mumbled something about “evil” and didn’t really have an answer.
I’m a little guy also, and I really don’t see the big deal in paying list price for a place, as long as it’s reasonable compared to rents. I just put in an offer on a really great Temecula place for $120/sf. That’s high compared to last year, and yeah I would be “overpaying”, but still so ridiculously affordable that there’s really no reason to bitch about it. I couldn’t rent an equivalent place in SD for $1,000/month more.
Participant[quote=JACKQLYN]
I’m curious of how my fellow hunters are doing???
[/quote]Could be better. The spring/summer bump is frustrating, because it happened even in Temecula where we’re looking. We’ve put in a few offers, but even when we love the house, there’s this queasy feeling because we know that $80/sf (and less) prices will be coming back. Not to mention that inventory just SUCKS. The nice places are $110/sf+, they’re few and far between, and there’s still (in October) too much competition.
Still, I probably can’t complain, considering the price difference will mean a $1,400 payment instead of an $1,100 payment. It’s not like it will be a hardship.
Participant[quote=JACKQLYN]
I’m curious of how my fellow hunters are doing???
[/quote]Could be better. The spring/summer bump is frustrating, because it happened even in Temecula where we’re looking. We’ve put in a few offers, but even when we love the house, there’s this queasy feeling because we know that $80/sf (and less) prices will be coming back. Not to mention that inventory just SUCKS. The nice places are $110/sf+, they’re few and far between, and there’s still (in October) too much competition.
Still, I probably can’t complain, considering the price difference will mean a $1,400 payment instead of an $1,100 payment. It’s not like it will be a hardship.
Participant[quote=JACKQLYN]
I’m curious of how my fellow hunters are doing???
[/quote]Could be better. The spring/summer bump is frustrating, because it happened even in Temecula where we’re looking. We’ve put in a few offers, but even when we love the house, there’s this queasy feeling because we know that $80/sf (and less) prices will be coming back. Not to mention that inventory just SUCKS. The nice places are $110/sf+, they’re few and far between, and there’s still (in October) too much competition.
Still, I probably can’t complain, considering the price difference will mean a $1,400 payment instead of an $1,100 payment. It’s not like it will be a hardship.
Participant[quote=JACKQLYN]
I’m curious of how my fellow hunters are doing???
[/quote]Could be better. The spring/summer bump is frustrating, because it happened even in Temecula where we’re looking. We’ve put in a few offers, but even when we love the house, there’s this queasy feeling because we know that $80/sf (and less) prices will be coming back. Not to mention that inventory just SUCKS. The nice places are $110/sf+, they’re few and far between, and there’s still (in October) too much competition.
Still, I probably can’t complain, considering the price difference will mean a $1,400 payment instead of an $1,100 payment. It’s not like it will be a hardship.
Participant[quote=JACKQLYN]
I’m curious of how my fellow hunters are doing???
[/quote]Could be better. The spring/summer bump is frustrating, because it happened even in Temecula where we’re looking. We’ve put in a few offers, but even when we love the house, there’s this queasy feeling because we know that $80/sf (and less) prices will be coming back. Not to mention that inventory just SUCKS. The nice places are $110/sf+, they’re few and far between, and there’s still (in October) too much competition.
Still, I probably can’t complain, considering the price difference will mean a $1,400 payment instead of an $1,100 payment. It’s not like it will be a hardship.
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