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I agree with what Ex-SD said, I grew up in the same way. I got a shotgun for Christmas at 11 and my Mother bought me a 22 for my birthday when I was 13. Along with all the hand me down hunting rifles I had quite a collection that I kept in a gun cabinet in my room. My family has been into hunting and shooting since forever and gun safety is second nature. Growing up my family would have never tolerated foul play with firearms and I never once thought about settling a dispute with a gun.
I think it really boils down to upbringing and the reality of what guns really are, responsibility. I started hunting at a young age so I knew that once you pull the trigger theres no taking it back you only shoot at what you intend to kill. Kids that don’t have this type of firearm education probably don’t respect guns in this way and shouldn’t own them, this applies to adults as well. Its just responsibility, like not storing gasoline next to the gas water heater, its just dumb and could get you killed.

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I agree with what Ex-SD said, I grew up in the same way. I got a shotgun for Christmas at 11 and my Mother bought me a 22 for my birthday when I was 13. Along with all the hand me down hunting rifles I had quite a collection that I kept in a gun cabinet in my room. My family has been into hunting and shooting since forever and gun safety is second nature. Growing up my family would have never tolerated foul play with firearms and I never once thought about settling a dispute with a gun.
I think it really boils down to upbringing and the reality of what guns really are, responsibility. I started hunting at a young age so I knew that once you pull the trigger theres no taking it back you only shoot at what you intend to kill. Kids that don’t have this type of firearm education probably don’t respect guns in this way and shouldn’t own them, this applies to adults as well. Its just responsibility, like not storing gasoline next to the gas water heater, its just dumb and could get you killed.

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farbet and SD Realtor, you ain’t lying! I know a guy who just picked up a 2 bed condo in a not so desirable part of town for 300K. Said his family will help him out if he needs it…

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This is a great example of why Netbank is no more.

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Temeculaguy, I took “pain train” from one of your previous posts. Its a great analogy for this market.

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Wasn’t there an article posted on here somewhere about a woman that was leaving her husband (a once successful realtor in FL) because he lost his ass when his investments collapsed?
I know of a few women I work with that openly talk about staying with their husband only for financial reasons.
I guess thats just the reality of it.

Anyway, I see a major correction in the market coming and I don’t think 250K for a nice home will be out of the question.
You can already find descent 3 bed homes in places like Escondido for around 250k. The “Pain Train” is steaming southbound and aint nothin gonna stop it!

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I don’t know… maybe its because I’m three beers into a six pack but this sounds like really bad news. I think things are going to get really ugly much faster than we thought.

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Thanks SD Realtor, I had been wanting to see this and almost forgot about it. We actually have a Filipino friend that was in that concentration camp in PI. One of the coolest old guys you could know too, you would never know by talking to him that he endured hell many years ago.
On another note my great grandpa was in the navy then and used to drive the landing craft for the Marines although I dont know which battles he fought in. I just remember him saying that he was shot at a lot.

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Some factors I use before dropping a low-ball offer are:
1. How long has the home sat on the market?
2. Does the seller appear to be motivated?
3. Is the seller under water on their mortgage?
4. Does the offer (if accepted) make sense from an investment standpoint(ROI)? Speaking in terms of monthly rent not yearly appreciation. Also factor in the condition of the property and any repairs that may need to be done.

If all these check out than I will often go ahead and write up an offer with fair terms. This could be any type of property in any part of the city because I’m not looking for my own house at this time. In a year or so I’m sure we will all have our choice of low cost properties to choose from. As for the higher end houses and neighborhoods we may be in for a longer wait on those.

Like I said before though, lower end housing is taking a beating right now so I’m just riding this out for maybe another six months. If I can buy that 2 bed condo at 150K right now in six months it should be around 100K. Lets wait and see.

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I think the up coming RE auctions are going to set the new price trends and with thousands of homes going into forclosure
this is were we might get our lowball offer/bid accepted in the short term. Eventually the average home seller will have to stay competitive or just not sell. Like others on this thread have said once its common knowledge that homes are not going to fetch insane prices anymore will sellers begin to take a second look at a lowball offer, were not quit there yet.

As for me, I’ve stopped even submitting offers. RE is dropping so fast that I feel like I’m going to cheat myself if I buy now even at a discount. I’ll let it run its course a little longer and jump in when it feels just right.

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"would you mind sharing whether you have had any trouble finding realtors to work with you?"

About a year ago I was submitting some serious lowball offers on homes that had sat on the market way to long. The offers were much lower than they were asking but realistic at the same time taking into consideration what the home would normally rent for. I wish I had kept some of the voicemails of the venom spitting agents basically telling me to go to hell.

Come to think of it I really wish I had kept those voicemails they will be considered collectors items of a bygone area pretty soon.

 

 

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Not to mention the dirt hill shadowing the place looks ready to let go at any minute.

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My favorite is the Park Ave house. Loved the new 2×4 repair job on the front porch railing. Maybe they’ll get around to painting it one day.

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Ran into this one today, check out the kitchen counter tops.

http://www.redfin.com/stingray/do/printable-listing?listing-id=952394

I think the note taped to the cupboard says: “Timmy, clean up this mess before the realtor gets here” haha

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hehe… he’s having a good time back there.

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