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temeculaguy
Participanthttp://biz.yahoo.com/ap/080905/mortgage_giants_crisis.html
After hours stock is tanking to the tune of 25%
The deal looks done, we should see it plastered all over the media in the next few days. It hard to believe that 9% of all mortgages are behind.
Fasten your seatbelts, things are going to get a little bumpy.
Participanthttp://biz.yahoo.com/ap/080905/mortgage_giants_crisis.html
After hours stock is tanking to the tune of 25%
The deal looks done, we should see it plastered all over the media in the next few days. It hard to believe that 9% of all mortgages are behind.
Fasten your seatbelts, things are going to get a little bumpy.
Participanthttp://biz.yahoo.com/ap/080905/mortgage_giants_crisis.html
After hours stock is tanking to the tune of 25%
The deal looks done, we should see it plastered all over the media in the next few days. It hard to believe that 9% of all mortgages are behind.
Fasten your seatbelts, things are going to get a little bumpy.
ParticipantI am voting on sdrealtor’s theory as the most likely reason. There is one thing that binds suburbanites and that is alcohol. If a neigbor shows up with a bottle of wine, insist on opening it right there and sharing it don’t just accept it as a gift, that is how I invite myself over. If you don’t get the welcoming comittee, become the chairman and start crashing other people’s houses with wine as a “gift.” All you need is one taker and you will be in the club and get the invites. It also lets you know who the non drinkers or religious wackos are so you can avoid them in the future, life is too short to have sober friends. Cheers!
ParticipantI am voting on sdrealtor’s theory as the most likely reason. There is one thing that binds suburbanites and that is alcohol. If a neigbor shows up with a bottle of wine, insist on opening it right there and sharing it don’t just accept it as a gift, that is how I invite myself over. If you don’t get the welcoming comittee, become the chairman and start crashing other people’s houses with wine as a “gift.” All you need is one taker and you will be in the club and get the invites. It also lets you know who the non drinkers or religious wackos are so you can avoid them in the future, life is too short to have sober friends. Cheers!
ParticipantI am voting on sdrealtor’s theory as the most likely reason. There is one thing that binds suburbanites and that is alcohol. If a neigbor shows up with a bottle of wine, insist on opening it right there and sharing it don’t just accept it as a gift, that is how I invite myself over. If you don’t get the welcoming comittee, become the chairman and start crashing other people’s houses with wine as a “gift.” All you need is one taker and you will be in the club and get the invites. It also lets you know who the non drinkers or religious wackos are so you can avoid them in the future, life is too short to have sober friends. Cheers!
ParticipantI am voting on sdrealtor’s theory as the most likely reason. There is one thing that binds suburbanites and that is alcohol. If a neigbor shows up with a bottle of wine, insist on opening it right there and sharing it don’t just accept it as a gift, that is how I invite myself over. If you don’t get the welcoming comittee, become the chairman and start crashing other people’s houses with wine as a “gift.” All you need is one taker and you will be in the club and get the invites. It also lets you know who the non drinkers or religious wackos are so you can avoid them in the future, life is too short to have sober friends. Cheers!
ParticipantI am voting on sdrealtor’s theory as the most likely reason. There is one thing that binds suburbanites and that is alcohol. If a neigbor shows up with a bottle of wine, insist on opening it right there and sharing it don’t just accept it as a gift, that is how I invite myself over. If you don’t get the welcoming comittee, become the chairman and start crashing other people’s houses with wine as a “gift.” All you need is one taker and you will be in the club and get the invites. It also lets you know who the non drinkers or religious wackos are so you can avoid them in the future, life is too short to have sober friends. Cheers!
ParticipantCan one of you guys move up here and start handling short sales. There is an art to it, but every listing agent I have encountered knows almost nothing about it, it is terribly frustrating. I made an offer on a short sale last friday, realtor didn’t get the paperwork done until Tuesday, the trustee sale is set for this Monday. She calls me today with a counter from the seller (not the bank) regarding some issues with window coverings, ceiling fans, light fixtures, shelves, etc. (all of which the resident wants to take and I had included in my offer). It was 1:45 p.m. today (friday)when she called, if it is an east coast bank it will be closed, on the west coast it is likely they are done for the day, the trustee sale is Monday morning. I was furious that the offer hadn’t been submitted to hold off the sale and even doing it Wednesday would be dicey, but with 3 business hours left before the sale, it’s a goner. We could have worked out some sort of cash side deal for the items in question but it’s too late. I was going with shorts because they are often in turnkey condition but I am so done with the frustration, I’m going bank owned. It’s not entirely the bank’s fault, the realtors need to educate themselves on the process and not lower the price to market when there is only a week left before the sale after no offers in 6 months for pete’s sake.
I had been using waiting hawks advice on not being represented by a realtor and going with the listing agent or their buddy to get preferential treatment, but it’s not panning out. I think an intelligent and experienced buyer’s agent is the only way to navigate the current sea of idiots in this line of work.
Sorry for the rant, I’m a little dissapointed that I missed it, I really dug that pad.
ParticipantCan one of you guys move up here and start handling short sales. There is an art to it, but every listing agent I have encountered knows almost nothing about it, it is terribly frustrating. I made an offer on a short sale last friday, realtor didn’t get the paperwork done until Tuesday, the trustee sale is set for this Monday. She calls me today with a counter from the seller (not the bank) regarding some issues with window coverings, ceiling fans, light fixtures, shelves, etc. (all of which the resident wants to take and I had included in my offer). It was 1:45 p.m. today (friday)when she called, if it is an east coast bank it will be closed, on the west coast it is likely they are done for the day, the trustee sale is Monday morning. I was furious that the offer hadn’t been submitted to hold off the sale and even doing it Wednesday would be dicey, but with 3 business hours left before the sale, it’s a goner. We could have worked out some sort of cash side deal for the items in question but it’s too late. I was going with shorts because they are often in turnkey condition but I am so done with the frustration, I’m going bank owned. It’s not entirely the bank’s fault, the realtors need to educate themselves on the process and not lower the price to market when there is only a week left before the sale after no offers in 6 months for pete’s sake.
I had been using waiting hawks advice on not being represented by a realtor and going with the listing agent or their buddy to get preferential treatment, but it’s not panning out. I think an intelligent and experienced buyer’s agent is the only way to navigate the current sea of idiots in this line of work.
Sorry for the rant, I’m a little dissapointed that I missed it, I really dug that pad.
ParticipantCan one of you guys move up here and start handling short sales. There is an art to it, but every listing agent I have encountered knows almost nothing about it, it is terribly frustrating. I made an offer on a short sale last friday, realtor didn’t get the paperwork done until Tuesday, the trustee sale is set for this Monday. She calls me today with a counter from the seller (not the bank) regarding some issues with window coverings, ceiling fans, light fixtures, shelves, etc. (all of which the resident wants to take and I had included in my offer). It was 1:45 p.m. today (friday)when she called, if it is an east coast bank it will be closed, on the west coast it is likely they are done for the day, the trustee sale is Monday morning. I was furious that the offer hadn’t been submitted to hold off the sale and even doing it Wednesday would be dicey, but with 3 business hours left before the sale, it’s a goner. We could have worked out some sort of cash side deal for the items in question but it’s too late. I was going with shorts because they are often in turnkey condition but I am so done with the frustration, I’m going bank owned. It’s not entirely the bank’s fault, the realtors need to educate themselves on the process and not lower the price to market when there is only a week left before the sale after no offers in 6 months for pete’s sake.
I had been using waiting hawks advice on not being represented by a realtor and going with the listing agent or their buddy to get preferential treatment, but it’s not panning out. I think an intelligent and experienced buyer’s agent is the only way to navigate the current sea of idiots in this line of work.
Sorry for the rant, I’m a little dissapointed that I missed it, I really dug that pad.
ParticipantCan one of you guys move up here and start handling short sales. There is an art to it, but every listing agent I have encountered knows almost nothing about it, it is terribly frustrating. I made an offer on a short sale last friday, realtor didn’t get the paperwork done until Tuesday, the trustee sale is set for this Monday. She calls me today with a counter from the seller (not the bank) regarding some issues with window coverings, ceiling fans, light fixtures, shelves, etc. (all of which the resident wants to take and I had included in my offer). It was 1:45 p.m. today (friday)when she called, if it is an east coast bank it will be closed, on the west coast it is likely they are done for the day, the trustee sale is Monday morning. I was furious that the offer hadn’t been submitted to hold off the sale and even doing it Wednesday would be dicey, but with 3 business hours left before the sale, it’s a goner. We could have worked out some sort of cash side deal for the items in question but it’s too late. I was going with shorts because they are often in turnkey condition but I am so done with the frustration, I’m going bank owned. It’s not entirely the bank’s fault, the realtors need to educate themselves on the process and not lower the price to market when there is only a week left before the sale after no offers in 6 months for pete’s sake.
I had been using waiting hawks advice on not being represented by a realtor and going with the listing agent or their buddy to get preferential treatment, but it’s not panning out. I think an intelligent and experienced buyer’s agent is the only way to navigate the current sea of idiots in this line of work.
Sorry for the rant, I’m a little dissapointed that I missed it, I really dug that pad.
ParticipantCan one of you guys move up here and start handling short sales. There is an art to it, but every listing agent I have encountered knows almost nothing about it, it is terribly frustrating. I made an offer on a short sale last friday, realtor didn’t get the paperwork done until Tuesday, the trustee sale is set for this Monday. She calls me today with a counter from the seller (not the bank) regarding some issues with window coverings, ceiling fans, light fixtures, shelves, etc. (all of which the resident wants to take and I had included in my offer). It was 1:45 p.m. today (friday)when she called, if it is an east coast bank it will be closed, on the west coast it is likely they are done for the day, the trustee sale is Monday morning. I was furious that the offer hadn’t been submitted to hold off the sale and even doing it Wednesday would be dicey, but with 3 business hours left before the sale, it’s a goner. We could have worked out some sort of cash side deal for the items in question but it’s too late. I was going with shorts because they are often in turnkey condition but I am so done with the frustration, I’m going bank owned. It’s not entirely the bank’s fault, the realtors need to educate themselves on the process and not lower the price to market when there is only a week left before the sale after no offers in 6 months for pete’s sake.
I had been using waiting hawks advice on not being represented by a realtor and going with the listing agent or their buddy to get preferential treatment, but it’s not panning out. I think an intelligent and experienced buyer’s agent is the only way to navigate the current sea of idiots in this line of work.
Sorry for the rant, I’m a little dissapointed that I missed it, I really dug that pad.
ParticipantHere is an example, this is stan pac’s best deal website for standing inventory or nearly done
http://www.standardpacificinland.com/bestdeals.php
2500 sq 3/3 is 300k after all incentives with no closing costs credit. That is for a less desirable location very close to the casino and the road, no flooring, no window covering and no backyard. Tandem 3 car or 2 car. The 2900 sq 4/3 is about 340k same restrictions.
but there a dumpload of bigger and cheaper ones with 5 br, over 3000 sq and 3 car non tandems with backyards and blinds and flooring for about 300k and you can still bargain and ask for closing costs.
Then you also see 2600 sq ft shorts pop up for 250-275,
The builders are dead in the water, D.R horton is in even worse shape, they want 315 for an 1800 sq ft mini lot sfr when that is the going rate for a mcmansion repo, they need to come down a 100k, I see that tract folding very soon.
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