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SD Realtor
ParticipantDo you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.
SD Realtor
ParticipantDo you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.
SD Realtor
ParticipantDo you mind if I ask where you heard this information? A client of mine just closed last week with 5% down. Another client just got approved with 10% down with Wamu.
SD Realtor
ParticipantI know this area and the listing very well. My brother lives in UC. UC is a small area and the nicer homes in UC have held up fairly well. How long they will continue to do so is a good question. The lower end homes in UC (which I classify this as) have started to crack. I am always concerned when people by a 2/2 home. Even though the kids are out of state when they do come to visit it will be a tight squeeze. The other issue is if you ever do meet a significant other, you will outgrow the home quickly. Similarly 2 bedroom homes do not make for good rentals.
My advice, independent of the good post Stan made about the rent verses buy cost, would be that if you absolutely feel you have to buy now, try to stick to at least a 3/2 if you can. As always, if you can wait, I would try to wait for another few years. If you cannot then I understand, try to buy a home with a look at the big picture rather of what you will do with it if you have to move, rather then the immediate picture.
SD Realtor
ParticipantI know this area and the listing very well. My brother lives in UC. UC is a small area and the nicer homes in UC have held up fairly well. How long they will continue to do so is a good question. The lower end homes in UC (which I classify this as) have started to crack. I am always concerned when people by a 2/2 home. Even though the kids are out of state when they do come to visit it will be a tight squeeze. The other issue is if you ever do meet a significant other, you will outgrow the home quickly. Similarly 2 bedroom homes do not make for good rentals.
My advice, independent of the good post Stan made about the rent verses buy cost, would be that if you absolutely feel you have to buy now, try to stick to at least a 3/2 if you can. As always, if you can wait, I would try to wait for another few years. If you cannot then I understand, try to buy a home with a look at the big picture rather of what you will do with it if you have to move, rather then the immediate picture.
SD Realtor
ParticipantI know this area and the listing very well. My brother lives in UC. UC is a small area and the nicer homes in UC have held up fairly well. How long they will continue to do so is a good question. The lower end homes in UC (which I classify this as) have started to crack. I am always concerned when people by a 2/2 home. Even though the kids are out of state when they do come to visit it will be a tight squeeze. The other issue is if you ever do meet a significant other, you will outgrow the home quickly. Similarly 2 bedroom homes do not make for good rentals.
My advice, independent of the good post Stan made about the rent verses buy cost, would be that if you absolutely feel you have to buy now, try to stick to at least a 3/2 if you can. As always, if you can wait, I would try to wait for another few years. If you cannot then I understand, try to buy a home with a look at the big picture rather of what you will do with it if you have to move, rather then the immediate picture.
SD Realtor
ParticipantI know this area and the listing very well. My brother lives in UC. UC is a small area and the nicer homes in UC have held up fairly well. How long they will continue to do so is a good question. The lower end homes in UC (which I classify this as) have started to crack. I am always concerned when people by a 2/2 home. Even though the kids are out of state when they do come to visit it will be a tight squeeze. The other issue is if you ever do meet a significant other, you will outgrow the home quickly. Similarly 2 bedroom homes do not make for good rentals.
My advice, independent of the good post Stan made about the rent verses buy cost, would be that if you absolutely feel you have to buy now, try to stick to at least a 3/2 if you can. As always, if you can wait, I would try to wait for another few years. If you cannot then I understand, try to buy a home with a look at the big picture rather of what you will do with it if you have to move, rather then the immediate picture.
SD Realtor
ParticipantI know this area and the listing very well. My brother lives in UC. UC is a small area and the nicer homes in UC have held up fairly well. How long they will continue to do so is a good question. The lower end homes in UC (which I classify this as) have started to crack. I am always concerned when people by a 2/2 home. Even though the kids are out of state when they do come to visit it will be a tight squeeze. The other issue is if you ever do meet a significant other, you will outgrow the home quickly. Similarly 2 bedroom homes do not make for good rentals.
My advice, independent of the good post Stan made about the rent verses buy cost, would be that if you absolutely feel you have to buy now, try to stick to at least a 3/2 if you can. As always, if you can wait, I would try to wait for another few years. If you cannot then I understand, try to buy a home with a look at the big picture rather of what you will do with it if you have to move, rather then the immediate picture.
SD Realtor
ParticipantContra all of your recent posts have been dead on with the actual events I have been working on in the field. Same with your posts Counselor.
and finally…
“As far as the banks being screwed (long term), not a chance, they are the bedrock of our economy. Benny will print money for them to lend from here to the end of time…..and Georgie will pass all these laws and acts to protect them from utter failure.”
my two cents here is that whoever follows George will do the exact same thing. There really is not much of a choice.
SD Realtor
ParticipantContra all of your recent posts have been dead on with the actual events I have been working on in the field. Same with your posts Counselor.
and finally…
“As far as the banks being screwed (long term), not a chance, they are the bedrock of our economy. Benny will print money for them to lend from here to the end of time…..and Georgie will pass all these laws and acts to protect them from utter failure.”
my two cents here is that whoever follows George will do the exact same thing. There really is not much of a choice.
SD Realtor
ParticipantContra all of your recent posts have been dead on with the actual events I have been working on in the field. Same with your posts Counselor.
and finally…
“As far as the banks being screwed (long term), not a chance, they are the bedrock of our economy. Benny will print money for them to lend from here to the end of time…..and Georgie will pass all these laws and acts to protect them from utter failure.”
my two cents here is that whoever follows George will do the exact same thing. There really is not much of a choice.
SD Realtor
ParticipantContra all of your recent posts have been dead on with the actual events I have been working on in the field. Same with your posts Counselor.
and finally…
“As far as the banks being screwed (long term), not a chance, they are the bedrock of our economy. Benny will print money for them to lend from here to the end of time…..and Georgie will pass all these laws and acts to protect them from utter failure.”
my two cents here is that whoever follows George will do the exact same thing. There really is not much of a choice.
SD Realtor
ParticipantContra all of your recent posts have been dead on with the actual events I have been working on in the field. Same with your posts Counselor.
and finally…
“As far as the banks being screwed (long term), not a chance, they are the bedrock of our economy. Benny will print money for them to lend from here to the end of time…..and Georgie will pass all these laws and acts to protect them from utter failure.”
my two cents here is that whoever follows George will do the exact same thing. There really is not much of a choice.
SD Realtor
Participantdonald it is a short sale that is on the cusp of becoming an reo.
SD Realtor
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