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temeculaguy
ParticipantIt’s a combination of things, banks are overworked, repos don’t mimmic the selling season and most importantly, we are at the tail end of the selling season, so the pressure is on for those who want to close in time for school. And it could be a glitch for the exact search you ran but i am seeing dwindling inventory in my neck of the woods which is supposed to be foreclosure wasteland. People are buying the well priced onesand the ones that turn my head have not survived their first day listed, I was pissed but then started to realize as the pool of fence sitters dries up, seasonal demand falls, the repos will still hit the market at the same or an increased rate, so look for the tables to turn in the fall.
In a normal market the sellers want to sell during the spring/summer so the inventory rises along with demand, banks aren’t switching schools and their employees take more vacations this time of year so it’s creating an unusual scenario that the R/E crowd is trying to hype and it is actually factual but wont be long lived. Things will start tapering off any day now, we are 45-60 days until school starts.
ParticipantIt’s a combination of things, banks are overworked, repos don’t mimmic the selling season and most importantly, we are at the tail end of the selling season, so the pressure is on for those who want to close in time for school. And it could be a glitch for the exact search you ran but i am seeing dwindling inventory in my neck of the woods which is supposed to be foreclosure wasteland. People are buying the well priced onesand the ones that turn my head have not survived their first day listed, I was pissed but then started to realize as the pool of fence sitters dries up, seasonal demand falls, the repos will still hit the market at the same or an increased rate, so look for the tables to turn in the fall.
In a normal market the sellers want to sell during the spring/summer so the inventory rises along with demand, banks aren’t switching schools and their employees take more vacations this time of year so it’s creating an unusual scenario that the R/E crowd is trying to hype and it is actually factual but wont be long lived. Things will start tapering off any day now, we are 45-60 days until school starts.
ParticipantIt’s a combination of things, banks are overworked, repos don’t mimmic the selling season and most importantly, we are at the tail end of the selling season, so the pressure is on for those who want to close in time for school. And it could be a glitch for the exact search you ran but i am seeing dwindling inventory in my neck of the woods which is supposed to be foreclosure wasteland. People are buying the well priced onesand the ones that turn my head have not survived their first day listed, I was pissed but then started to realize as the pool of fence sitters dries up, seasonal demand falls, the repos will still hit the market at the same or an increased rate, so look for the tables to turn in the fall.
In a normal market the sellers want to sell during the spring/summer so the inventory rises along with demand, banks aren’t switching schools and their employees take more vacations this time of year so it’s creating an unusual scenario that the R/E crowd is trying to hype and it is actually factual but wont be long lived. Things will start tapering off any day now, we are 45-60 days until school starts.
ParticipantHow do you get a mortgage if you can’t get fire insurance? Speaking of that how do you keep your mortgage without fire insurance? I remember once I switched fire insurance companies and forget to tell my mortgage company, they just about lost their minds thinking my house was uninsured for one day.
ParticipantHow do you get a mortgage if you can’t get fire insurance? Speaking of that how do you keep your mortgage without fire insurance? I remember once I switched fire insurance companies and forget to tell my mortgage company, they just about lost their minds thinking my house was uninsured for one day.
ParticipantHow do you get a mortgage if you can’t get fire insurance? Speaking of that how do you keep your mortgage without fire insurance? I remember once I switched fire insurance companies and forget to tell my mortgage company, they just about lost their minds thinking my house was uninsured for one day.
ParticipantHow do you get a mortgage if you can’t get fire insurance? Speaking of that how do you keep your mortgage without fire insurance? I remember once I switched fire insurance companies and forget to tell my mortgage company, they just about lost their minds thinking my house was uninsured for one day.
ParticipantHow do you get a mortgage if you can’t get fire insurance? Speaking of that how do you keep your mortgage without fire insurance? I remember once I switched fire insurance companies and forget to tell my mortgage company, they just about lost their minds thinking my house was uninsured for one day.
ParticipantI think it has a lot to do with definition and design. My last rental was a townhome and it was cleverly designed. For the most part the shared walls were the garage walls, the actually living areas were behind and not shared, in the backyard you has side yards on both sides and most the windows went to the rear which didn’t have another unit there, the complex was long and skinny as opposed to a square so most of the units had a view. I was told that the minimal wall share on the second floor above the garage was actually two seperate walls stucco’d over to look like a single wall because I never heard that neighbor and thought that the unit was empty or they were dead. When I finally met them, they said they never heard me, not even a thump or anything.
For the landlords, it had it’s conveneiences in that the association cleaned all the common areas, gardners there every weekday so all landscaping was handled and sprinklers repaired, maintenance handled on the exterior, painting, pest control, pool guy, etc. From a landlord standpoint, there were less hassles and the rents were comparable to single family and rarely vacant. It also was a strict Hoa and had limited parking beyond the garage and driveway so it had a way of self screening tennants that intended on expressing their individuality, moving a bunch of big dogs (it had a weight limit on dogs) or lots of roommates. While I was there I never saw anyone unruly or monster truck rally headquarters, so to buy one as a rental compared to an sfr it had it’s disadvantages and advantages but I’d do it because it’s rent multiplier was lower than sfr’s in the area. Cheaper or smaller places often pencil out better as rentals, things can vary so you have to do the math in each scenario.
ParticipantI think it has a lot to do with definition and design. My last rental was a townhome and it was cleverly designed. For the most part the shared walls were the garage walls, the actually living areas were behind and not shared, in the backyard you has side yards on both sides and most the windows went to the rear which didn’t have another unit there, the complex was long and skinny as opposed to a square so most of the units had a view. I was told that the minimal wall share on the second floor above the garage was actually two seperate walls stucco’d over to look like a single wall because I never heard that neighbor and thought that the unit was empty or they were dead. When I finally met them, they said they never heard me, not even a thump or anything.
For the landlords, it had it’s conveneiences in that the association cleaned all the common areas, gardners there every weekday so all landscaping was handled and sprinklers repaired, maintenance handled on the exterior, painting, pest control, pool guy, etc. From a landlord standpoint, there were less hassles and the rents were comparable to single family and rarely vacant. It also was a strict Hoa and had limited parking beyond the garage and driveway so it had a way of self screening tennants that intended on expressing their individuality, moving a bunch of big dogs (it had a weight limit on dogs) or lots of roommates. While I was there I never saw anyone unruly or monster truck rally headquarters, so to buy one as a rental compared to an sfr it had it’s disadvantages and advantages but I’d do it because it’s rent multiplier was lower than sfr’s in the area. Cheaper or smaller places often pencil out better as rentals, things can vary so you have to do the math in each scenario.
ParticipantI think it has a lot to do with definition and design. My last rental was a townhome and it was cleverly designed. For the most part the shared walls were the garage walls, the actually living areas were behind and not shared, in the backyard you has side yards on both sides and most the windows went to the rear which didn’t have another unit there, the complex was long and skinny as opposed to a square so most of the units had a view. I was told that the minimal wall share on the second floor above the garage was actually two seperate walls stucco’d over to look like a single wall because I never heard that neighbor and thought that the unit was empty or they were dead. When I finally met them, they said they never heard me, not even a thump or anything.
For the landlords, it had it’s conveneiences in that the association cleaned all the common areas, gardners there every weekday so all landscaping was handled and sprinklers repaired, maintenance handled on the exterior, painting, pest control, pool guy, etc. From a landlord standpoint, there were less hassles and the rents were comparable to single family and rarely vacant. It also was a strict Hoa and had limited parking beyond the garage and driveway so it had a way of self screening tennants that intended on expressing their individuality, moving a bunch of big dogs (it had a weight limit on dogs) or lots of roommates. While I was there I never saw anyone unruly or monster truck rally headquarters, so to buy one as a rental compared to an sfr it had it’s disadvantages and advantages but I’d do it because it’s rent multiplier was lower than sfr’s in the area. Cheaper or smaller places often pencil out better as rentals, things can vary so you have to do the math in each scenario.
ParticipantI think it has a lot to do with definition and design. My last rental was a townhome and it was cleverly designed. For the most part the shared walls were the garage walls, the actually living areas were behind and not shared, in the backyard you has side yards on both sides and most the windows went to the rear which didn’t have another unit there, the complex was long and skinny as opposed to a square so most of the units had a view. I was told that the minimal wall share on the second floor above the garage was actually two seperate walls stucco’d over to look like a single wall because I never heard that neighbor and thought that the unit was empty or they were dead. When I finally met them, they said they never heard me, not even a thump or anything.
For the landlords, it had it’s conveneiences in that the association cleaned all the common areas, gardners there every weekday so all landscaping was handled and sprinklers repaired, maintenance handled on the exterior, painting, pest control, pool guy, etc. From a landlord standpoint, there were less hassles and the rents were comparable to single family and rarely vacant. It also was a strict Hoa and had limited parking beyond the garage and driveway so it had a way of self screening tennants that intended on expressing their individuality, moving a bunch of big dogs (it had a weight limit on dogs) or lots of roommates. While I was there I never saw anyone unruly or monster truck rally headquarters, so to buy one as a rental compared to an sfr it had it’s disadvantages and advantages but I’d do it because it’s rent multiplier was lower than sfr’s in the area. Cheaper or smaller places often pencil out better as rentals, things can vary so you have to do the math in each scenario.
ParticipantI think it has a lot to do with definition and design. My last rental was a townhome and it was cleverly designed. For the most part the shared walls were the garage walls, the actually living areas were behind and not shared, in the backyard you has side yards on both sides and most the windows went to the rear which didn’t have another unit there, the complex was long and skinny as opposed to a square so most of the units had a view. I was told that the minimal wall share on the second floor above the garage was actually two seperate walls stucco’d over to look like a single wall because I never heard that neighbor and thought that the unit was empty or they were dead. When I finally met them, they said they never heard me, not even a thump or anything.
For the landlords, it had it’s conveneiences in that the association cleaned all the common areas, gardners there every weekday so all landscaping was handled and sprinklers repaired, maintenance handled on the exterior, painting, pest control, pool guy, etc. From a landlord standpoint, there were less hassles and the rents were comparable to single family and rarely vacant. It also was a strict Hoa and had limited parking beyond the garage and driveway so it had a way of self screening tennants that intended on expressing their individuality, moving a bunch of big dogs (it had a weight limit on dogs) or lots of roommates. While I was there I never saw anyone unruly or monster truck rally headquarters, so to buy one as a rental compared to an sfr it had it’s disadvantages and advantages but I’d do it because it’s rent multiplier was lower than sfr’s in the area. Cheaper or smaller places often pencil out better as rentals, things can vary so you have to do the math in each scenario.
Participantkewp, I hope they get those into production soon, even with $4 or $5 gas they would sell like hotcakes and they look cool. Sometimes I think about $10 gas and how it would change much more than real estate, it will change travel, destroy industries (rv’s, boats, remote recreation like skiing or camping) and make all shipped goods cost more. But before the doom and gloom sets it, I have to admit I have faith in the inventors, in this country and abroad. I think a few years ago if the 3 wheeler came out, people would be afraid of being out on the road with all the suv’s and getting in an accident but now they would dominate the road if they hit the market. I see tiny cars all day, yaris, fit, smart, the teeny cars are taking over and I would buy one of those three wheelers because they look fun. $5 gas or even $10 gas may be the kick in the butt we needed, if everyone got 100 mpg I’m not sure if we would even need to import oil, so in the end it may turn out to be a good thing.
I also think that if the Venture one is successful there will be copycats and they will leapfrog into even higher mpg, 20 years from now you may be looking at apple’s new icar. When i see the gadgets that apple comes out with it blows me away and I always think they need to get into the car business. And how nice will the air smell and look when the internal combustion engine is a thing of the past.
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