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Scarlett
ParticipantJP, even though you feel so torn about buying it now, I think in a few years you will look back and see that it was a good decision. Not necessarily lowest price, but good overall decision. It’s very hard to get out of the routine of checking and following all listings and NODs etc. – but that prolonged search IS stressful. You are feeling let down, you feel like you could have done better, if you and your husband would have waited, that’s normal. Don’t let it become an issue in your marriage, it’s not worth it. try to see the positives of it and move on.
But really, I am sure it is a good purchase, after all that extensive research and following the market.
Relax. Forget about the RE market ( I know, you will have withdrawal). Don’t look back, just forward. I know you don’t want congratulations but you deserve them.
In the current market conditions which are bound to continue for a long time ( kicking the can down the road) it’s very hard to not feel you are settling no matter what you buy and when. Seems like you got a good deal. There are lot of unknowns about the future financial situation, you HAVE to hedge your bets – i.e. settle, compromise. Don’t worry about it anymore. I think maybe you are too stressed about it, and gradually you will discover how refreshing and liberating it is to put all this RE stuff behind you – and focus instead on other things more fun – having more fun, making home improvements.
BTW, LA means listing agent, right? So, you did not have a realtor agent, you went with the listing agent always?
ParticipantJP, even though you feel so torn about buying it now, I think in a few years you will look back and see that it was a good decision. Not necessarily lowest price, but good overall decision. It’s very hard to get out of the routine of checking and following all listings and NODs etc. – but that prolonged search IS stressful. You are feeling let down, you feel like you could have done better, if you and your husband would have waited, that’s normal. Don’t let it become an issue in your marriage, it’s not worth it. try to see the positives of it and move on.
But really, I am sure it is a good purchase, after all that extensive research and following the market.
Relax. Forget about the RE market ( I know, you will have withdrawal). Don’t look back, just forward. I know you don’t want congratulations but you deserve them.
In the current market conditions which are bound to continue for a long time ( kicking the can down the road) it’s very hard to not feel you are settling no matter what you buy and when. Seems like you got a good deal. There are lot of unknowns about the future financial situation, you HAVE to hedge your bets – i.e. settle, compromise. Don’t worry about it anymore. I think maybe you are too stressed about it, and gradually you will discover how refreshing and liberating it is to put all this RE stuff behind you – and focus instead on other things more fun – having more fun, making home improvements.
BTW, LA means listing agent, right? So, you did not have a realtor agent, you went with the listing agent always?
ParticipantJP, even though you feel so torn about buying it now, I think in a few years you will look back and see that it was a good decision. Not necessarily lowest price, but good overall decision. It’s very hard to get out of the routine of checking and following all listings and NODs etc. – but that prolonged search IS stressful. You are feeling let down, you feel like you could have done better, if you and your husband would have waited, that’s normal. Don’t let it become an issue in your marriage, it’s not worth it. try to see the positives of it and move on.
But really, I am sure it is a good purchase, after all that extensive research and following the market.
Relax. Forget about the RE market ( I know, you will have withdrawal). Don’t look back, just forward. I know you don’t want congratulations but you deserve them.
In the current market conditions which are bound to continue for a long time ( kicking the can down the road) it’s very hard to not feel you are settling no matter what you buy and when. Seems like you got a good deal. There are lot of unknowns about the future financial situation, you HAVE to hedge your bets – i.e. settle, compromise. Don’t worry about it anymore. I think maybe you are too stressed about it, and gradually you will discover how refreshing and liberating it is to put all this RE stuff behind you – and focus instead on other things more fun – having more fun, making home improvements.
BTW, LA means listing agent, right? So, you did not have a realtor agent, you went with the listing agent always?
ParticipantJP, even though you feel so torn about buying it now, I think in a few years you will look back and see that it was a good decision. Not necessarily lowest price, but good overall decision. It’s very hard to get out of the routine of checking and following all listings and NODs etc. – but that prolonged search IS stressful. You are feeling let down, you feel like you could have done better, if you and your husband would have waited, that’s normal. Don’t let it become an issue in your marriage, it’s not worth it. try to see the positives of it and move on.
But really, I am sure it is a good purchase, after all that extensive research and following the market.
Relax. Forget about the RE market ( I know, you will have withdrawal). Don’t look back, just forward. I know you don’t want congratulations but you deserve them.
In the current market conditions which are bound to continue for a long time ( kicking the can down the road) it’s very hard to not feel you are settling no matter what you buy and when. Seems like you got a good deal. There are lot of unknowns about the future financial situation, you HAVE to hedge your bets – i.e. settle, compromise. Don’t worry about it anymore. I think maybe you are too stressed about it, and gradually you will discover how refreshing and liberating it is to put all this RE stuff behind you – and focus instead on other things more fun – having more fun, making home improvements.
BTW, LA means listing agent, right? So, you did not have a realtor agent, you went with the listing agent always?
ParticipantJP, even though you feel so torn about buying it now, I think in a few years you will look back and see that it was a good decision. Not necessarily lowest price, but good overall decision. It’s very hard to get out of the routine of checking and following all listings and NODs etc. – but that prolonged search IS stressful. You are feeling let down, you feel like you could have done better, if you and your husband would have waited, that’s normal. Don’t let it become an issue in your marriage, it’s not worth it. try to see the positives of it and move on.
But really, I am sure it is a good purchase, after all that extensive research and following the market.
Relax. Forget about the RE market ( I know, you will have withdrawal). Don’t look back, just forward. I know you don’t want congratulations but you deserve them.
In the current market conditions which are bound to continue for a long time ( kicking the can down the road) it’s very hard to not feel you are settling no matter what you buy and when. Seems like you got a good deal. There are lot of unknowns about the future financial situation, you HAVE to hedge your bets – i.e. settle, compromise. Don’t worry about it anymore. I think maybe you are too stressed about it, and gradually you will discover how refreshing and liberating it is to put all this RE stuff behind you – and focus instead on other things more fun – having more fun, making home improvements.
BTW, LA means listing agent, right? So, you did not have a realtor agent, you went with the listing agent always?
February 12, 2011 at 1:40 PM in reply to: LA Times: Option ARMs pose threat to housing market #665353ParticipantSo, what if they end up in foreclosures? Sorry, but I am kind of skeptical at this point what it means anymore. Banks have proven that they can sit on foreclosures forever and release them ever so slowly in a trickle at pretty much “fair” market prices. So that they won’t put much pressure on home prices either in terms of price or in terms of number of inventory on the market…
Do we have any indications that those would change anytime soon? Will the banks ever be required to dump foreclosures en masse anytime soon?Foreclosure tsunami, anyone?
February 12, 2011 at 1:40 PM in reply to: LA Times: Option ARMs pose threat to housing market #665415ParticipantSo, what if they end up in foreclosures? Sorry, but I am kind of skeptical at this point what it means anymore. Banks have proven that they can sit on foreclosures forever and release them ever so slowly in a trickle at pretty much “fair” market prices. So that they won’t put much pressure on home prices either in terms of price or in terms of number of inventory on the market…
Do we have any indications that those would change anytime soon? Will the banks ever be required to dump foreclosures en masse anytime soon?Foreclosure tsunami, anyone?
February 12, 2011 at 1:40 PM in reply to: LA Times: Option ARMs pose threat to housing market #666015ParticipantSo, what if they end up in foreclosures? Sorry, but I am kind of skeptical at this point what it means anymore. Banks have proven that they can sit on foreclosures forever and release them ever so slowly in a trickle at pretty much “fair” market prices. So that they won’t put much pressure on home prices either in terms of price or in terms of number of inventory on the market…
Do we have any indications that those would change anytime soon? Will the banks ever be required to dump foreclosures en masse anytime soon?Foreclosure tsunami, anyone?
February 12, 2011 at 1:40 PM in reply to: LA Times: Option ARMs pose threat to housing market #666151ParticipantSo, what if they end up in foreclosures? Sorry, but I am kind of skeptical at this point what it means anymore. Banks have proven that they can sit on foreclosures forever and release them ever so slowly in a trickle at pretty much “fair” market prices. So that they won’t put much pressure on home prices either in terms of price or in terms of number of inventory on the market…
Do we have any indications that those would change anytime soon? Will the banks ever be required to dump foreclosures en masse anytime soon?Foreclosure tsunami, anyone?
February 12, 2011 at 1:40 PM in reply to: LA Times: Option ARMs pose threat to housing market #666485ParticipantSo, what if they end up in foreclosures? Sorry, but I am kind of skeptical at this point what it means anymore. Banks have proven that they can sit on foreclosures forever and release them ever so slowly in a trickle at pretty much “fair” market prices. So that they won’t put much pressure on home prices either in terms of price or in terms of number of inventory on the market…
Do we have any indications that those would change anytime soon? Will the banks ever be required to dump foreclosures en masse anytime soon?Foreclosure tsunami, anyone?
ParticipantThis was the one discussed by EmilyHicks in another thread
http://piggington.com/mira_mesarimridge_ln_house_sold
Apparently it was all cash on a REO.
Nobody I know saw the inside, which could have been in very bad shape.Congrats jimmyle! Was it also an REO? If that’s so, it was in great shape which justifies the price. Plus it’s significanltly larger. I almost put an offer on it myself. That’s a nice area, I like it too.
ParticipantThis was the one discussed by EmilyHicks in another thread
http://piggington.com/mira_mesarimridge_ln_house_sold
Apparently it was all cash on a REO.
Nobody I know saw the inside, which could have been in very bad shape.Congrats jimmyle! Was it also an REO? If that’s so, it was in great shape which justifies the price. Plus it’s significanltly larger. I almost put an offer on it myself. That’s a nice area, I like it too.
ParticipantThis was the one discussed by EmilyHicks in another thread
http://piggington.com/mira_mesarimridge_ln_house_sold
Apparently it was all cash on a REO.
Nobody I know saw the inside, which could have been in very bad shape.Congrats jimmyle! Was it also an REO? If that’s so, it was in great shape which justifies the price. Plus it’s significanltly larger. I almost put an offer on it myself. That’s a nice area, I like it too.
ParticipantThis was the one discussed by EmilyHicks in another thread
http://piggington.com/mira_mesarimridge_ln_house_sold
Apparently it was all cash on a REO.
Nobody I know saw the inside, which could have been in very bad shape.Congrats jimmyle! Was it also an REO? If that’s so, it was in great shape which justifies the price. Plus it’s significanltly larger. I almost put an offer on it myself. That’s a nice area, I like it too.
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