Forum Replies Created
-
AuthorPosts
-
SD Realtor
ParticipantDid you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.
Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.
ParticipantDid you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.
Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.
ParticipantDid you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.
Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.
ParticipantThis is bank owned. UCG the trustee deed was back in 2008 so this is an old one. As indicated it has gone pending a few times, bounced in and out of withdrawn as well… No harm in lobbing a lowball at it. I think the area will continue to depreciate.
ParticipantThis is bank owned. UCG the trustee deed was back in 2008 so this is an old one. As indicated it has gone pending a few times, bounced in and out of withdrawn as well… No harm in lobbing a lowball at it. I think the area will continue to depreciate.
ParticipantThis is bank owned. UCG the trustee deed was back in 2008 so this is an old one. As indicated it has gone pending a few times, bounced in and out of withdrawn as well… No harm in lobbing a lowball at it. I think the area will continue to depreciate.
ParticipantThis is bank owned. UCG the trustee deed was back in 2008 so this is an old one. As indicated it has gone pending a few times, bounced in and out of withdrawn as well… No harm in lobbing a lowball at it. I think the area will continue to depreciate.
ParticipantThis is bank owned. UCG the trustee deed was back in 2008 so this is an old one. As indicated it has gone pending a few times, bounced in and out of withdrawn as well… No harm in lobbing a lowball at it. I think the area will continue to depreciate.
ParticipantMy story is very similar to FSD. My first purchase was a condo in Crown Point and I lived there many years before buying a larger home and simply keeping the condo as a rental. Then I ended up moving out of the larger home and kept that as a rental as well. Along the way I bought a condo in Mission Valley strictly as a rental and that worked out okay for a few years and let it go in 07. I don’t do great on the rentals but do not get squashed either. I keep them more for in laws to live in many years down the road or maybe even kids. Who knows. My wife is pretty bearish and wants to sell them because she thinks a bigger crash ala arrayas posts may happen. We will see.
As for trying to do it for cash flow or appreciation like you are thinking I would agree that out of Cali you will have better opportunities but DO YOUR HOMEWORK. Lots of pitfalls and the guys who make money on this do a heck of alot of demographic studies for where they will buy.
ParticipantMy story is very similar to FSD. My first purchase was a condo in Crown Point and I lived there many years before buying a larger home and simply keeping the condo as a rental. Then I ended up moving out of the larger home and kept that as a rental as well. Along the way I bought a condo in Mission Valley strictly as a rental and that worked out okay for a few years and let it go in 07. I don’t do great on the rentals but do not get squashed either. I keep them more for in laws to live in many years down the road or maybe even kids. Who knows. My wife is pretty bearish and wants to sell them because she thinks a bigger crash ala arrayas posts may happen. We will see.
As for trying to do it for cash flow or appreciation like you are thinking I would agree that out of Cali you will have better opportunities but DO YOUR HOMEWORK. Lots of pitfalls and the guys who make money on this do a heck of alot of demographic studies for where they will buy.
ParticipantMy story is very similar to FSD. My first purchase was a condo in Crown Point and I lived there many years before buying a larger home and simply keeping the condo as a rental. Then I ended up moving out of the larger home and kept that as a rental as well. Along the way I bought a condo in Mission Valley strictly as a rental and that worked out okay for a few years and let it go in 07. I don’t do great on the rentals but do not get squashed either. I keep them more for in laws to live in many years down the road or maybe even kids. Who knows. My wife is pretty bearish and wants to sell them because she thinks a bigger crash ala arrayas posts may happen. We will see.
As for trying to do it for cash flow or appreciation like you are thinking I would agree that out of Cali you will have better opportunities but DO YOUR HOMEWORK. Lots of pitfalls and the guys who make money on this do a heck of alot of demographic studies for where they will buy.
ParticipantMy story is very similar to FSD. My first purchase was a condo in Crown Point and I lived there many years before buying a larger home and simply keeping the condo as a rental. Then I ended up moving out of the larger home and kept that as a rental as well. Along the way I bought a condo in Mission Valley strictly as a rental and that worked out okay for a few years and let it go in 07. I don’t do great on the rentals but do not get squashed either. I keep them more for in laws to live in many years down the road or maybe even kids. Who knows. My wife is pretty bearish and wants to sell them because she thinks a bigger crash ala arrayas posts may happen. We will see.
As for trying to do it for cash flow or appreciation like you are thinking I would agree that out of Cali you will have better opportunities but DO YOUR HOMEWORK. Lots of pitfalls and the guys who make money on this do a heck of alot of demographic studies for where they will buy.
ParticipantMy story is very similar to FSD. My first purchase was a condo in Crown Point and I lived there many years before buying a larger home and simply keeping the condo as a rental. Then I ended up moving out of the larger home and kept that as a rental as well. Along the way I bought a condo in Mission Valley strictly as a rental and that worked out okay for a few years and let it go in 07. I don’t do great on the rentals but do not get squashed either. I keep them more for in laws to live in many years down the road or maybe even kids. Who knows. My wife is pretty bearish and wants to sell them because she thinks a bigger crash ala arrayas posts may happen. We will see.
As for trying to do it for cash flow or appreciation like you are thinking I would agree that out of Cali you will have better opportunities but DO YOUR HOMEWORK. Lots of pitfalls and the guys who make money on this do a heck of alot of demographic studies for where they will buy.
ParticipantThere is a spot near (but not at) Kate Sessions park which is nice because you can see Sea World, the Pops and downtown all from that one place. I forgot exactly where as we went there last year. It was like on a neighborhood street and we got out and walked and there was this trail between homes that you could walk between. Seems like all of the neighbors knew of it. Sorry for the not so precise info.
-
AuthorPosts
