[SD Realtor]

During the late 80’s I lived in various places in MB. I spent most of my time at Cohasset because I played alot of volleyball. Hung out at the comber or penant on thursday nites. Through the early 90’s I lived in PB but still hung out at Cohasset until marriage number 1 in 94. It was all downhill from there.

SD Realtor

[SD Realtor]

During the late 80’s I lived in various places in MB. I spent most of my time at Cohasset because I played alot of volleyball. Hung out at the comber or penant on thursday nites. Through the early 90’s I lived in PB but still hung out at Cohasset until marriage number 1 in 94. It was all downhill from there.

SD Realtor

[SD Realtor]

During the late 80’s I lived in various places in MB. I spent most of my time at Cohasset because I played alot of volleyball. Hung out at the comber or penant on thursday nites. Through the early 90’s I lived in PB but still hung out at Cohasset until marriage number 1 in 94. It was all downhill from there.

SD Realtor

[SD Realtor]

I know this area very well and used to live on Buckwheat which is not to far away. These homes are basically twin homes, they are attached homes that share a common wall. The area backs up to 56. I do see these homes depreciating over the long haul as well. I am not going to call where I see a bottom for these though. I think that for the money, it is worth paying a little bit more to get a true detached home. The HOA for these is about 30 bucks a month as well.

SD Realtor

[SD Realtor]

I know this area very well and used to live on Buckwheat which is not to far away. These homes are basically twin homes, they are attached homes that share a common wall. The area backs up to 56. I do see these homes depreciating over the long haul as well. I am not going to call where I see a bottom for these though. I think that for the money, it is worth paying a little bit more to get a true detached home. The HOA for these is about 30 bucks a month as well.

SD Realtor

[SD Realtor]

I know this area very well and used to live on Buckwheat which is not to far away. These homes are basically twin homes, they are attached homes that share a common wall. The area backs up to 56. I do see these homes depreciating over the long haul as well. I am not going to call where I see a bottom for these though. I think that for the money, it is worth paying a little bit more to get a true detached home. The HOA for these is about 30 bucks a month as well.

SD Realtor

[SD Realtor]

I know this area very well and used to live on Buckwheat which is not to far away. These homes are basically twin homes, they are attached homes that share a common wall. The area backs up to 56. I do see these homes depreciating over the long haul as well. I am not going to call where I see a bottom for these though. I think that for the money, it is worth paying a little bit more to get a true detached home. The HOA for these is about 30 bucks a month as well.

SD Realtor

[SD Realtor]

I know this area very well and used to live on Buckwheat which is not to far away. These homes are basically twin homes, they are attached homes that share a common wall. The area backs up to 56. I do see these homes depreciating over the long haul as well. I am not going to call where I see a bottom for these though. I think that for the money, it is worth paying a little bit more to get a true detached home. The HOA for these is about 30 bucks a month as well.

SD Realtor

[SD Realtor]

Mixx I spent the majority of my 20’s in south mission. Pretty much it is unbeatable. Your strategy is sound my friend.

To others…. it really is not worth your time getting all foamy at the mouth trying to figure out why people buy and why certain areas have not come down yet. Trying to figure out why people do what you would not do just is not worth the time. Check back in a few years and you should see some good results as long as we haven’t totally socialized housing.

SD Realtor

[SD Realtor]

Mixx I spent the majority of my 20’s in south mission. Pretty much it is unbeatable. Your strategy is sound my friend.

To others…. it really is not worth your time getting all foamy at the mouth trying to figure out why people buy and why certain areas have not come down yet. Trying to figure out why people do what you would not do just is not worth the time. Check back in a few years and you should see some good results as long as we haven’t totally socialized housing.

SD Realtor

[SD Realtor]

Mixx I spent the majority of my 20’s in south mission. Pretty much it is unbeatable. Your strategy is sound my friend.

To others…. it really is not worth your time getting all foamy at the mouth trying to figure out why people buy and why certain areas have not come down yet. Trying to figure out why people do what you would not do just is not worth the time. Check back in a few years and you should see some good results as long as we haven’t totally socialized housing.

SD Realtor

[SD Realtor]

Mixx I spent the majority of my 20’s in south mission. Pretty much it is unbeatable. Your strategy is sound my friend.

To others…. it really is not worth your time getting all foamy at the mouth trying to figure out why people buy and why certain areas have not come down yet. Trying to figure out why people do what you would not do just is not worth the time. Check back in a few years and you should see some good results as long as we haven’t totally socialized housing.

SD Realtor

[SD Realtor]

Mixx I spent the majority of my 20’s in south mission. Pretty much it is unbeatable. Your strategy is sound my friend.

To others…. it really is not worth your time getting all foamy at the mouth trying to figure out why people buy and why certain areas have not come down yet. Trying to figure out why people do what you would not do just is not worth the time. Check back in a few years and you should see some good results as long as we haven’t totally socialized housing.

SD Realtor

[SD Realtor]

Hi Rustico –

I had 2 similar situation actually occur in the past few weeks. In the first one my buyer was concerned about the loan contingency so on page 1 of the RPA we marked that the loan contingency shall remain in place until the close of escrow. That was air tight and although the seller didn’t like it we kept it in place and we did successfully close. That was a short sale in Mira Mesa believe it or not. In the second case this was exactly like the case described above here. We hit the contingency removal time and my buyer simply did not have his financing locked in because he had a crappy mortgage broker/lender. I told the listing agent we could not remove contingencies… They kept pressing and pressing and we kept telling them we could not. We told them if they wanted to cancel escrow they could but that in no way could we remove the contingencies. I kept it all documented and 2 weeks after the supposed contingency removal date we did indeed have to cancel because this person could not obtain the financing he needed. The seller did indeed return the deposit. I agree with what you are saying and there could indeed be cases that I am not considering. Luckily I have not run into them and I think if your agent is good, documents everything and such, you should be able to see your deposit come home.

SD Realtor

[SD Realtor]

Hi Rustico –

I had 2 similar situation actually occur in the past few weeks. In the first one my buyer was concerned about the loan contingency so on page 1 of the RPA we marked that the loan contingency shall remain in place until the close of escrow. That was air tight and although the seller didn’t like it we kept it in place and we did successfully close. That was a short sale in Mira Mesa believe it or not. In the second case this was exactly like the case described above here. We hit the contingency removal time and my buyer simply did not have his financing locked in because he had a crappy mortgage broker/lender. I told the listing agent we could not remove contingencies… They kept pressing and pressing and we kept telling them we could not. We told them if they wanted to cancel escrow they could but that in no way could we remove the contingencies. I kept it all documented and 2 weeks after the supposed contingency removal date we did indeed have to cancel because this person could not obtain the financing he needed. The seller did indeed return the deposit. I agree with what you are saying and there could indeed be cases that I am not considering. Luckily I have not run into them and I think if your agent is good, documents everything and such, you should be able to see your deposit come home.

SD Realtor

[Author]

Posts