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temeculaguy
ParticipantThe pic above is the view from my desk, you can kinda see piggington on the monitor.
sdrealtor, I didn’t call, my loss, I’ll just have to drink yours when I see you. I was so busy this week, it rained both the days I chose to rent a truck and everything took more time than expected. Whoever invented the “upstairs laundryroom” was both a genius and a lunatic. I didn’t hire movers or painters, did it all myself. Halfway up the stairs with the washing machine, my 20 year old mind was reminded that my body is over 40.
About my vocation, I am Batman, hence the secrecy.
paramount, there’s no need for your BS alarm to go off, everything was legit. I wasn’t friends with or related to the listing agent, it was a combination of luck, timing and planning. Not only have I heard of banks taking the first offer over list, they do so more often than not. Banks aren’t emotional, they don’t sit around and wait weeks for the highest offer (this applies to bank owned, not short sales). They listed my place for a little under 270k, I offered 270k and had my loan approval/proof of funds ready to go, it is all about speed. They answered within 24 hours and in that time only two other offers came in which were below list. The interest rate was high those two days, the weather was bad and it was a Monday. By the time people got around to looking at it a few days later, they had already accepted my offer. I can also verify my residency, TemekuT has already stopped by. When I throw the first party, I’ll have my deed on display.
ParticipantThe pic above is the view from my desk, you can kinda see piggington on the monitor.
sdrealtor, I didn’t call, my loss, I’ll just have to drink yours when I see you. I was so busy this week, it rained both the days I chose to rent a truck and everything took more time than expected. Whoever invented the “upstairs laundryroom” was both a genius and a lunatic. I didn’t hire movers or painters, did it all myself. Halfway up the stairs with the washing machine, my 20 year old mind was reminded that my body is over 40.
About my vocation, I am Batman, hence the secrecy.
paramount, there’s no need for your BS alarm to go off, everything was legit. I wasn’t friends with or related to the listing agent, it was a combination of luck, timing and planning. Not only have I heard of banks taking the first offer over list, they do so more often than not. Banks aren’t emotional, they don’t sit around and wait weeks for the highest offer (this applies to bank owned, not short sales). They listed my place for a little under 270k, I offered 270k and had my loan approval/proof of funds ready to go, it is all about speed. They answered within 24 hours and in that time only two other offers came in which were below list. The interest rate was high those two days, the weather was bad and it was a Monday. By the time people got around to looking at it a few days later, they had already accepted my offer. I can also verify my residency, TemekuT has already stopped by. When I throw the first party, I’ll have my deed on display.
ParticipantThe pic above is the view from my desk, you can kinda see piggington on the monitor.
sdrealtor, I didn’t call, my loss, I’ll just have to drink yours when I see you. I was so busy this week, it rained both the days I chose to rent a truck and everything took more time than expected. Whoever invented the “upstairs laundryroom” was both a genius and a lunatic. I didn’t hire movers or painters, did it all myself. Halfway up the stairs with the washing machine, my 20 year old mind was reminded that my body is over 40.
About my vocation, I am Batman, hence the secrecy.
paramount, there’s no need for your BS alarm to go off, everything was legit. I wasn’t friends with or related to the listing agent, it was a combination of luck, timing and planning. Not only have I heard of banks taking the first offer over list, they do so more often than not. Banks aren’t emotional, they don’t sit around and wait weeks for the highest offer (this applies to bank owned, not short sales). They listed my place for a little under 270k, I offered 270k and had my loan approval/proof of funds ready to go, it is all about speed. They answered within 24 hours and in that time only two other offers came in which were below list. The interest rate was high those two days, the weather was bad and it was a Monday. By the time people got around to looking at it a few days later, they had already accepted my offer. I can also verify my residency, TemekuT has already stopped by. When I throw the first party, I’ll have my deed on display.
Participant
desk viewParticipantdesk viewParticipantdesk viewParticipantdesk viewParticipantdesk viewParticipantIt is a niche market, one that I have not studied enough to make a reliable prediction. I can say that it has lagged the tract home market in town as far as price reductions go. Everytime I meet a wie country person I find they don’t always fit the typical fb, they tend to be transplants in their 40’s to 60’s, with money taken out of the O.C. and S.D. markets, while others have been there 10-20 years. They tend to be more financially stable than the fb’s from town. These are generalizations and I do know there are plenty of stable owners with few places to go (these are not the kind of folk that can move to a rental easily). I have to think there are very few buyers out there and fewer coming. I think it is wise to wait longer, even though it is only a few miles away, it is a different demographic, for the most part these are not 9-5 working stiffs, like the townies. It may take longer for economic stress to set in.
Horses and land for the recreational gentleman rancher/crazy horse lady are an incredible money drain. Logic says that in these times, people will reduce expenses, making these non income producing ranches less appealing. The problem is that horse people are different, it isn’t a hobby, it’s like a cult. I understand them no more than I understand suicide bombers, the Raiders owner Al Davis or breast reductions. Some things are just too much for my little mind to grasp.
ParticipantIt is a niche market, one that I have not studied enough to make a reliable prediction. I can say that it has lagged the tract home market in town as far as price reductions go. Everytime I meet a wie country person I find they don’t always fit the typical fb, they tend to be transplants in their 40’s to 60’s, with money taken out of the O.C. and S.D. markets, while others have been there 10-20 years. They tend to be more financially stable than the fb’s from town. These are generalizations and I do know there are plenty of stable owners with few places to go (these are not the kind of folk that can move to a rental easily). I have to think there are very few buyers out there and fewer coming. I think it is wise to wait longer, even though it is only a few miles away, it is a different demographic, for the most part these are not 9-5 working stiffs, like the townies. It may take longer for economic stress to set in.
Horses and land for the recreational gentleman rancher/crazy horse lady are an incredible money drain. Logic says that in these times, people will reduce expenses, making these non income producing ranches less appealing. The problem is that horse people are different, it isn’t a hobby, it’s like a cult. I understand them no more than I understand suicide bombers, the Raiders owner Al Davis or breast reductions. Some things are just too much for my little mind to grasp.
ParticipantIt is a niche market, one that I have not studied enough to make a reliable prediction. I can say that it has lagged the tract home market in town as far as price reductions go. Everytime I meet a wie country person I find they don’t always fit the typical fb, they tend to be transplants in their 40’s to 60’s, with money taken out of the O.C. and S.D. markets, while others have been there 10-20 years. They tend to be more financially stable than the fb’s from town. These are generalizations and I do know there are plenty of stable owners with few places to go (these are not the kind of folk that can move to a rental easily). I have to think there are very few buyers out there and fewer coming. I think it is wise to wait longer, even though it is only a few miles away, it is a different demographic, for the most part these are not 9-5 working stiffs, like the townies. It may take longer for economic stress to set in.
Horses and land for the recreational gentleman rancher/crazy horse lady are an incredible money drain. Logic says that in these times, people will reduce expenses, making these non income producing ranches less appealing. The problem is that horse people are different, it isn’t a hobby, it’s like a cult. I understand them no more than I understand suicide bombers, the Raiders owner Al Davis or breast reductions. Some things are just too much for my little mind to grasp.
ParticipantIt is a niche market, one that I have not studied enough to make a reliable prediction. I can say that it has lagged the tract home market in town as far as price reductions go. Everytime I meet a wie country person I find they don’t always fit the typical fb, they tend to be transplants in their 40’s to 60’s, with money taken out of the O.C. and S.D. markets, while others have been there 10-20 years. They tend to be more financially stable than the fb’s from town. These are generalizations and I do know there are plenty of stable owners with few places to go (these are not the kind of folk that can move to a rental easily). I have to think there are very few buyers out there and fewer coming. I think it is wise to wait longer, even though it is only a few miles away, it is a different demographic, for the most part these are not 9-5 working stiffs, like the townies. It may take longer for economic stress to set in.
Horses and land for the recreational gentleman rancher/crazy horse lady are an incredible money drain. Logic says that in these times, people will reduce expenses, making these non income producing ranches less appealing. The problem is that horse people are different, it isn’t a hobby, it’s like a cult. I understand them no more than I understand suicide bombers, the Raiders owner Al Davis or breast reductions. Some things are just too much for my little mind to grasp.
ParticipantIt is a niche market, one that I have not studied enough to make a reliable prediction. I can say that it has lagged the tract home market in town as far as price reductions go. Everytime I meet a wie country person I find they don’t always fit the typical fb, they tend to be transplants in their 40’s to 60’s, with money taken out of the O.C. and S.D. markets, while others have been there 10-20 years. They tend to be more financially stable than the fb’s from town. These are generalizations and I do know there are plenty of stable owners with few places to go (these are not the kind of folk that can move to a rental easily). I have to think there are very few buyers out there and fewer coming. I think it is wise to wait longer, even though it is only a few miles away, it is a different demographic, for the most part these are not 9-5 working stiffs, like the townies. It may take longer for economic stress to set in.
Horses and land for the recreational gentleman rancher/crazy horse lady are an incredible money drain. Logic says that in these times, people will reduce expenses, making these non income producing ranches less appealing. The problem is that horse people are different, it isn’t a hobby, it’s like a cult. I understand them no more than I understand suicide bombers, the Raiders owner Al Davis or breast reductions. Some things are just too much for my little mind to grasp.
December 17, 2008 at 6:43 AM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316646ParticipantWhere does Mr. Mortgage come up with his numbers? 40% of all homes in this country are owned outright, they have no mortgage. The number is lower out here in the West, 35%. Using the numbers he quotes, every California mortgage is underwater and every Nevada mortgage is underwater plus many of those who own outright are underwater? I think he either said or meant to say something to the effect of those homes with mortgages a percentage are underwater or of those bought within the last five years that have a mortgage are underwater. It is misleading to say that all homes with a mortgage are underwater.
Purely based on IRS data, income earners over 100k took the mortgage interest deduction 7 times that of earners under 50k. That 2% of increased unemployment is more likely from the lower echelon and not th higher. I’ll bet the majority of those who got pink slips weren’t paying mortgages anyway.
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