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svelteParticipantI was at least one of the people who mentioned the freeway and train.
Like all developments built in the 04-06 time frame, Silvercrest will likely be hit hard with foreclosures and short sales.
Being just a few hundred feet from the freeway, the noise will definitely be a negative.
As for the commuter train, it has not turned out to be as much of an issue as I would have thought now that it is actually running. Since the train moves slower than a freight train, it has a much softer horn – I would equate it to the whimpy sound of Japanese car horns. Not very intrusive, unless maybe your house backs up to the tracks. For all other homes in the area, I bet it blends right in with the freeway noise. I haven’t spent time listening in Silvercrest, so that’s just a guess.
I have also noted that asking prices in Silvercrest are just about even with the 2004 purchase prices, so another factor could be that, on top of the short sales and foreclosures, some people are bailing out before they become underwater.
svelteParticipantI was at least one of the people who mentioned the freeway and train.
Like all developments built in the 04-06 time frame, Silvercrest will likely be hit hard with foreclosures and short sales.
Being just a few hundred feet from the freeway, the noise will definitely be a negative.
As for the commuter train, it has not turned out to be as much of an issue as I would have thought now that it is actually running. Since the train moves slower than a freight train, it has a much softer horn – I would equate it to the whimpy sound of Japanese car horns. Not very intrusive, unless maybe your house backs up to the tracks. For all other homes in the area, I bet it blends right in with the freeway noise. I haven’t spent time listening in Silvercrest, so that’s just a guess.
I have also noted that asking prices in Silvercrest are just about even with the 2004 purchase prices, so another factor could be that, on top of the short sales and foreclosures, some people are bailing out before they become underwater.
March 21, 2008 at 4:43 PM in reply to: HELP! Landlord asking if we want to buy our rental as “short sale” #174441svelteParticipantYeesh, having to deal with the foreclosure on a house you’re just renting, living in constant fear that you’ll be forced to find a new abode at any time (searching for an acceptable unit, new deposit, utility hookups, change of address, packing all your breakables), not knowing if you’re landlord is going to screw you out of rent and/or deposit.
How would you be able to relax or even plan out a vacation in advance?
That would get old real quick.
March 21, 2008 at 4:43 PM in reply to: HELP! Landlord asking if we want to buy our rental as “short sale” #174788svelteParticipantYeesh, having to deal with the foreclosure on a house you’re just renting, living in constant fear that you’ll be forced to find a new abode at any time (searching for an acceptable unit, new deposit, utility hookups, change of address, packing all your breakables), not knowing if you’re landlord is going to screw you out of rent and/or deposit.
How would you be able to relax or even plan out a vacation in advance?
That would get old real quick.
March 21, 2008 at 4:43 PM in reply to: HELP! Landlord asking if we want to buy our rental as “short sale” #174793svelteParticipantYeesh, having to deal with the foreclosure on a house you’re just renting, living in constant fear that you’ll be forced to find a new abode at any time (searching for an acceptable unit, new deposit, utility hookups, change of address, packing all your breakables), not knowing if you’re landlord is going to screw you out of rent and/or deposit.
How would you be able to relax or even plan out a vacation in advance?
That would get old real quick.
March 21, 2008 at 4:43 PM in reply to: HELP! Landlord asking if we want to buy our rental as “short sale” #174803svelteParticipantYeesh, having to deal with the foreclosure on a house you’re just renting, living in constant fear that you’ll be forced to find a new abode at any time (searching for an acceptable unit, new deposit, utility hookups, change of address, packing all your breakables), not knowing if you’re landlord is going to screw you out of rent and/or deposit.
How would you be able to relax or even plan out a vacation in advance?
That would get old real quick.
March 21, 2008 at 4:43 PM in reply to: HELP! Landlord asking if we want to buy our rental as “short sale” #174888svelteParticipantYeesh, having to deal with the foreclosure on a house you’re just renting, living in constant fear that you’ll be forced to find a new abode at any time (searching for an acceptable unit, new deposit, utility hookups, change of address, packing all your breakables), not knowing if you’re landlord is going to screw you out of rent and/or deposit.
How would you be able to relax or even plan out a vacation in advance?
That would get old real quick.
svelteParticipantYou are aware that’s a paired home, right?
svelteParticipantYou are aware that’s a paired home, right?
svelteParticipantYou are aware that’s a paired home, right?
svelteParticipantYou are aware that’s a paired home, right?
svelteParticipantYou are aware that’s a paired home, right?
svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
svelteParticipantWe’re goin off the rails on this crazy train.
That’s not the figure that caught my eye the most…it was this one:
Clayton reported that subprime first lien average loss severity increased to 45.80 percent in February, up from 42.56 percent in January
Lenders are getting back only about 54 cents on the dollar when taking back a subprime home! (if I read that right)
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