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SD Realtor
ParticipantI guess I just do not understand the entire issue. I mean I am so far away from understanding the mentality that I guess I am missing the point. I have gone round and round with OC Scam on this issue many moons ago….
Why is there a sense of entitlement that people about not needing to pay rent if the landlord is in trouble with the lender?
What if the landlord got into financial ruin because of a bad investment? What if he lost everything due to a lawsuit? What if he lost everything due to credit card debt? I really believe that an agreement between a tenant and a landlord is a total orthoganol event to anything else.
If you do not want to pay rent then do not pay rent. Why should it matter if the landlord is going to lose the house or not. What argument is there to pay rent at all even if the landlord is making his mortgage payments? If the end goal is to be a squatter in the home to eventually own it then say so. That is okay by me. I mean I don’t agree with it but at least it makes some sense to me.
Anyways like I said, I guess I just don’t understand the mindset.
Am I missing something here?
SD Realtor
ParticipantI guess I just do not understand the entire issue. I mean I am so far away from understanding the mentality that I guess I am missing the point. I have gone round and round with OC Scam on this issue many moons ago….
Why is there a sense of entitlement that people about not needing to pay rent if the landlord is in trouble with the lender?
What if the landlord got into financial ruin because of a bad investment? What if he lost everything due to a lawsuit? What if he lost everything due to credit card debt? I really believe that an agreement between a tenant and a landlord is a total orthoganol event to anything else.
If you do not want to pay rent then do not pay rent. Why should it matter if the landlord is going to lose the house or not. What argument is there to pay rent at all even if the landlord is making his mortgage payments? If the end goal is to be a squatter in the home to eventually own it then say so. That is okay by me. I mean I don’t agree with it but at least it makes some sense to me.
Anyways like I said, I guess I just don’t understand the mindset.
Am I missing something here?
SD Realtor
ParticipantMarion it seems to me that new or resale should not matter…for a home that you are going to live in, find a home you really love, then drive a good deal. If you cannot afford that deal, then wait. Keep that up and eventually you will find the home you love and that you can afford. If it is new then great or if it is resale then that is great.
Given the market conditions and where you are at with your rent situation I would recommend to sit on the sidelines a few more years.
SD Realtor
ParticipantMarion it seems to me that new or resale should not matter…for a home that you are going to live in, find a home you really love, then drive a good deal. If you cannot afford that deal, then wait. Keep that up and eventually you will find the home you love and that you can afford. If it is new then great or if it is resale then that is great.
Given the market conditions and where you are at with your rent situation I would recommend to sit on the sidelines a few more years.
SD Realtor
ParticipantMarion it seems to me that new or resale should not matter…for a home that you are going to live in, find a home you really love, then drive a good deal. If you cannot afford that deal, then wait. Keep that up and eventually you will find the home you love and that you can afford. If it is new then great or if it is resale then that is great.
Given the market conditions and where you are at with your rent situation I would recommend to sit on the sidelines a few more years.
SD Realtor
ParticipantMarion it seems to me that new or resale should not matter…for a home that you are going to live in, find a home you really love, then drive a good deal. If you cannot afford that deal, then wait. Keep that up and eventually you will find the home you love and that you can afford. If it is new then great or if it is resale then that is great.
Given the market conditions and where you are at with your rent situation I would recommend to sit on the sidelines a few more years.
SD Realtor
ParticipantNewtoSD –
I would recommend to find somewhere to rent. Agreed with your analysis that over the next 2 years we will continue to drop. Actually it will last longer then that but that timeframe will help you get used to the area. Where you want to live will depend on alot of factors, school districts if that is important to you, commute, proximity to the coast, etc… You will have plenty of time to find something you like but if you rent you will really learn about the city. You cannot go wrong!
SD Realtor
ParticipantNewtoSD –
I would recommend to find somewhere to rent. Agreed with your analysis that over the next 2 years we will continue to drop. Actually it will last longer then that but that timeframe will help you get used to the area. Where you want to live will depend on alot of factors, school districts if that is important to you, commute, proximity to the coast, etc… You will have plenty of time to find something you like but if you rent you will really learn about the city. You cannot go wrong!
SD Realtor
ParticipantNewtoSD –
I would recommend to find somewhere to rent. Agreed with your analysis that over the next 2 years we will continue to drop. Actually it will last longer then that but that timeframe will help you get used to the area. Where you want to live will depend on alot of factors, school districts if that is important to you, commute, proximity to the coast, etc… You will have plenty of time to find something you like but if you rent you will really learn about the city. You cannot go wrong!
SD Realtor
ParticipantNewtoSD –
I would recommend to find somewhere to rent. Agreed with your analysis that over the next 2 years we will continue to drop. Actually it will last longer then that but that timeframe will help you get used to the area. Where you want to live will depend on alot of factors, school districts if that is important to you, commute, proximity to the coast, etc… You will have plenty of time to find something you like but if you rent you will really learn about the city. You cannot go wrong!
SD Realtor
ParticipantLostcat it sounds like you are doing really well. It is really a no lose situation. If you hold the home and continue to rent and simply keep that AG home for the long run you will do fine. If you sell your AG home you will do okay but if you do sell your AG home, sit on the cash and wait to make a purchase for a few years.
Just my two cents.
SD Realtor
ParticipantLostcat it sounds like you are doing really well. It is really a no lose situation. If you hold the home and continue to rent and simply keep that AG home for the long run you will do fine. If you sell your AG home you will do okay but if you do sell your AG home, sit on the cash and wait to make a purchase for a few years.
Just my two cents.
SD Realtor
ParticipantLostcat it sounds like you are doing really well. It is really a no lose situation. If you hold the home and continue to rent and simply keep that AG home for the long run you will do fine. If you sell your AG home you will do okay but if you do sell your AG home, sit on the cash and wait to make a purchase for a few years.
Just my two cents.
SD Realtor
ParticipantLostcat it sounds like you are doing really well. It is really a no lose situation. If you hold the home and continue to rent and simply keep that AG home for the long run you will do fine. If you sell your AG home you will do okay but if you do sell your AG home, sit on the cash and wait to make a purchase for a few years.
Just my two cents.
SD Realtor
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