[temeculaguy]

11 blows to the head? That sounds more like anger than robbery. I’d be suprised if it ends up being a home invasion murder and not a domestic. We will have to wait and see.

Here’s a little clue (I also watched a couple of law and order episodes), no release about the suspects yet they are diving in the lake. If a witness saw someone throw an item in the lake or if they think the weapon was disposed of nearby, or if a strange vehicle was seen at the house, that’s good info to release, more witnesses may come forward. The less they tell, the more they already know.

[temeculaguy]

11 blows to the head? That sounds more like anger than robbery. I’d be suprised if it ends up being a home invasion murder and not a domestic. We will have to wait and see.

Here’s a little clue (I also watched a couple of law and order episodes), no release about the suspects yet they are diving in the lake. If a witness saw someone throw an item in the lake or if they think the weapon was disposed of nearby, or if a strange vehicle was seen at the house, that’s good info to release, more witnesses may come forward. The less they tell, the more they already know.

[temeculaguy]

11 blows to the head? That sounds more like anger than robbery. I’d be suprised if it ends up being a home invasion murder and not a domestic. We will have to wait and see.

Here’s a little clue (I also watched a couple of law and order episodes), no release about the suspects yet they are diving in the lake. If a witness saw someone throw an item in the lake or if they think the weapon was disposed of nearby, or if a strange vehicle was seen at the house, that’s good info to release, more witnesses may come forward. The less they tell, the more they already know.

[temeculaguy]

11 blows to the head? That sounds more like anger than robbery. I’d be suprised if it ends up being a home invasion murder and not a domestic. We will have to wait and see.

Here’s a little clue (I also watched a couple of law and order episodes), no release about the suspects yet they are diving in the lake. If a witness saw someone throw an item in the lake or if they think the weapon was disposed of nearby, or if a strange vehicle was seen at the house, that’s good info to release, more witnesses may come forward. The less they tell, the more they already know.

[temeculaguy]

Matt of course you can find examples of high asking prices, the only thing that matters is what they are selling at. Ignore those stories of the 30 offers, agents exaggerate anyway. The best priced on I posted two months ago, 269k list for a 2500 sq 3 car, newer redhawk in one of the better locations, it was one of those “30 offers places” and got all the offers within 24 hours of being listed, was only on the mls for a day. It closed at ony 279k, so those offers don’t scare me and 279k was it’s 2001 value, model matches went for over 600k at peak, there is still a model match listed for 575k, but it’s not selling.

I’m not calling bottom, just think that the next chunk is about to come out, not all over but there are a few examples popping up, popcorn machine is warming up, by the fall it will be more widespread at the next level and will be the only thing selling, this has happened at each level, a few examples and then a tidal wave of drops. The two properties I linked represented uncharted listing territory, more than 100k or 25% lower than anything matching to date, 25% drops in a month on top of 25% Y over Y drops. clear 50% drops on premium properties, with many more model matches in the reo pipeline for each. What will the next bank price be at when their model match needs to be priced after those close for low 300’s, at that level or lower.

Paramount is right, most every house in the valley is worth roughly half of what is was at peak, if it’s priced higher it wont sell, will it get cut in half again, I doubt it, I think the masses will fall to join the lowest prices that sell quickly today, and maybe another 10-15% lower from there at best. Not 10-15% from the overpriced listings but that 339k 4000 sq fter, 290 is as low as I see that going for, I just can’t see sub $75 a square in nicer areas or much below $100 a square for houses under 2000 square ft.

Here’s one you’d never live in but as rentals they go for about 1300 (cheapest I’ve seen is 1200, highest 1500, listed at 142k,($74 a square) only 52k more than it’s 1989 price almost 20 years ago, as an investment with 28k down, P&I is $701 a month, hard to imagine it drops too much more since it is $851 a month with zero down. I cant see more than 20k downside risk when rent is more than owning.

http://www.redfin.com/CA/Temecula/44615-La-Paz-Rd-92592/home/6326858/mrmls-T08062559

There are ten or so for sale in the complex, ranging from 119k to 270k, they don’t make sense as rentals for 270k, but at 119k, they kinda do, no matter how bearish or bullish you are. Rent multipliers below 100 cannot be ignored forever.

[temeculaguy]

Matt of course you can find examples of high asking prices, the only thing that matters is what they are selling at. Ignore those stories of the 30 offers, agents exaggerate anyway. The best priced on I posted two months ago, 269k list for a 2500 sq 3 car, newer redhawk in one of the better locations, it was one of those “30 offers places” and got all the offers within 24 hours of being listed, was only on the mls for a day. It closed at ony 279k, so those offers don’t scare me and 279k was it’s 2001 value, model matches went for over 600k at peak, there is still a model match listed for 575k, but it’s not selling.

I’m not calling bottom, just think that the next chunk is about to come out, not all over but there are a few examples popping up, popcorn machine is warming up, by the fall it will be more widespread at the next level and will be the only thing selling, this has happened at each level, a few examples and then a tidal wave of drops. The two properties I linked represented uncharted listing territory, more than 100k or 25% lower than anything matching to date, 25% drops in a month on top of 25% Y over Y drops. clear 50% drops on premium properties, with many more model matches in the reo pipeline for each. What will the next bank price be at when their model match needs to be priced after those close for low 300’s, at that level or lower.

Paramount is right, most every house in the valley is worth roughly half of what is was at peak, if it’s priced higher it wont sell, will it get cut in half again, I doubt it, I think the masses will fall to join the lowest prices that sell quickly today, and maybe another 10-15% lower from there at best. Not 10-15% from the overpriced listings but that 339k 4000 sq fter, 290 is as low as I see that going for, I just can’t see sub $75 a square in nicer areas or much below $100 a square for houses under 2000 square ft.

Here’s one you’d never live in but as rentals they go for about 1300 (cheapest I’ve seen is 1200, highest 1500, listed at 142k,($74 a square) only 52k more than it’s 1989 price almost 20 years ago, as an investment with 28k down, P&I is $701 a month, hard to imagine it drops too much more since it is $851 a month with zero down. I cant see more than 20k downside risk when rent is more than owning.

http://www.redfin.com/CA/Temecula/44615-La-Paz-Rd-92592/home/6326858/mrmls-T08062559

There are ten or so for sale in the complex, ranging from 119k to 270k, they don’t make sense as rentals for 270k, but at 119k, they kinda do, no matter how bearish or bullish you are. Rent multipliers below 100 cannot be ignored forever.

[temeculaguy]

Matt of course you can find examples of high asking prices, the only thing that matters is what they are selling at. Ignore those stories of the 30 offers, agents exaggerate anyway. The best priced on I posted two months ago, 269k list for a 2500 sq 3 car, newer redhawk in one of the better locations, it was one of those “30 offers places” and got all the offers within 24 hours of being listed, was only on the mls for a day. It closed at ony 279k, so those offers don’t scare me and 279k was it’s 2001 value, model matches went for over 600k at peak, there is still a model match listed for 575k, but it’s not selling.

I’m not calling bottom, just think that the next chunk is about to come out, not all over but there are a few examples popping up, popcorn machine is warming up, by the fall it will be more widespread at the next level and will be the only thing selling, this has happened at each level, a few examples and then a tidal wave of drops. The two properties I linked represented uncharted listing territory, more than 100k or 25% lower than anything matching to date, 25% drops in a month on top of 25% Y over Y drops. clear 50% drops on premium properties, with many more model matches in the reo pipeline for each. What will the next bank price be at when their model match needs to be priced after those close for low 300’s, at that level or lower.

Paramount is right, most every house in the valley is worth roughly half of what is was at peak, if it’s priced higher it wont sell, will it get cut in half again, I doubt it, I think the masses will fall to join the lowest prices that sell quickly today, and maybe another 10-15% lower from there at best. Not 10-15% from the overpriced listings but that 339k 4000 sq fter, 290 is as low as I see that going for, I just can’t see sub $75 a square in nicer areas or much below $100 a square for houses under 2000 square ft.

Here’s one you’d never live in but as rentals they go for about 1300 (cheapest I’ve seen is 1200, highest 1500, listed at 142k,($74 a square) only 52k more than it’s 1989 price almost 20 years ago, as an investment with 28k down, P&I is $701 a month, hard to imagine it drops too much more since it is $851 a month with zero down. I cant see more than 20k downside risk when rent is more than owning.

http://www.redfin.com/CA/Temecula/44615-La-Paz-Rd-92592/home/6326858/mrmls-T08062559

There are ten or so for sale in the complex, ranging from 119k to 270k, they don’t make sense as rentals for 270k, but at 119k, they kinda do, no matter how bearish or bullish you are. Rent multipliers below 100 cannot be ignored forever.

[temeculaguy]

Matt of course you can find examples of high asking prices, the only thing that matters is what they are selling at. Ignore those stories of the 30 offers, agents exaggerate anyway. The best priced on I posted two months ago, 269k list for a 2500 sq 3 car, newer redhawk in one of the better locations, it was one of those “30 offers places” and got all the offers within 24 hours of being listed, was only on the mls for a day. It closed at ony 279k, so those offers don’t scare me and 279k was it’s 2001 value, model matches went for over 600k at peak, there is still a model match listed for 575k, but it’s not selling.

I’m not calling bottom, just think that the next chunk is about to come out, not all over but there are a few examples popping up, popcorn machine is warming up, by the fall it will be more widespread at the next level and will be the only thing selling, this has happened at each level, a few examples and then a tidal wave of drops. The two properties I linked represented uncharted listing territory, more than 100k or 25% lower than anything matching to date, 25% drops in a month on top of 25% Y over Y drops. clear 50% drops on premium properties, with many more model matches in the reo pipeline for each. What will the next bank price be at when their model match needs to be priced after those close for low 300’s, at that level or lower.

Paramount is right, most every house in the valley is worth roughly half of what is was at peak, if it’s priced higher it wont sell, will it get cut in half again, I doubt it, I think the masses will fall to join the lowest prices that sell quickly today, and maybe another 10-15% lower from there at best. Not 10-15% from the overpriced listings but that 339k 4000 sq fter, 290 is as low as I see that going for, I just can’t see sub $75 a square in nicer areas or much below $100 a square for houses under 2000 square ft.

Here’s one you’d never live in but as rentals they go for about 1300 (cheapest I’ve seen is 1200, highest 1500, listed at 142k,($74 a square) only 52k more than it’s 1989 price almost 20 years ago, as an investment with 28k down, P&I is $701 a month, hard to imagine it drops too much more since it is $851 a month with zero down. I cant see more than 20k downside risk when rent is more than owning.

http://www.redfin.com/CA/Temecula/44615-La-Paz-Rd-92592/home/6326858/mrmls-T08062559

There are ten or so for sale in the complex, ranging from 119k to 270k, they don’t make sense as rentals for 270k, but at 119k, they kinda do, no matter how bearish or bullish you are. Rent multipliers below 100 cannot be ignored forever.

[temeculaguy]

Matt of course you can find examples of high asking prices, the only thing that matters is what they are selling at. Ignore those stories of the 30 offers, agents exaggerate anyway. The best priced on I posted two months ago, 269k list for a 2500 sq 3 car, newer redhawk in one of the better locations, it was one of those “30 offers places” and got all the offers within 24 hours of being listed, was only on the mls for a day. It closed at ony 279k, so those offers don’t scare me and 279k was it’s 2001 value, model matches went for over 600k at peak, there is still a model match listed for 575k, but it’s not selling.

I’m not calling bottom, just think that the next chunk is about to come out, not all over but there are a few examples popping up, popcorn machine is warming up, by the fall it will be more widespread at the next level and will be the only thing selling, this has happened at each level, a few examples and then a tidal wave of drops. The two properties I linked represented uncharted listing territory, more than 100k or 25% lower than anything matching to date, 25% drops in a month on top of 25% Y over Y drops. clear 50% drops on premium properties, with many more model matches in the reo pipeline for each. What will the next bank price be at when their model match needs to be priced after those close for low 300’s, at that level or lower.

Paramount is right, most every house in the valley is worth roughly half of what is was at peak, if it’s priced higher it wont sell, will it get cut in half again, I doubt it, I think the masses will fall to join the lowest prices that sell quickly today, and maybe another 10-15% lower from there at best. Not 10-15% from the overpriced listings but that 339k 4000 sq fter, 290 is as low as I see that going for, I just can’t see sub $75 a square in nicer areas or much below $100 a square for houses under 2000 square ft.

Here’s one you’d never live in but as rentals they go for about 1300 (cheapest I’ve seen is 1200, highest 1500, listed at 142k,($74 a square) only 52k more than it’s 1989 price almost 20 years ago, as an investment with 28k down, P&I is $701 a month, hard to imagine it drops too much more since it is $851 a month with zero down. I cant see more than 20k downside risk when rent is more than owning.

http://www.redfin.com/CA/Temecula/44615-La-Paz-Rd-92592/home/6326858/mrmls-T08062559

There are ten or so for sale in the complex, ranging from 119k to 270k, they don’t make sense as rentals for 270k, but at 119k, they kinda do, no matter how bearish or bullish you are. Rent multipliers below 100 cannot be ignored forever.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

Typo in the link to the builders site, extra “p” in the http

try this one

http://www.standardpacificinland.com/bestdeals-detail.php?id=193

I guess their “best deal” isn’t going to be the best anymore. Repo’s are firmly in the driver’s seat.

[temeculaguy]

If you don’t like the deal, go to a bank and borrow the same amount of the debt remaining and pay it off. If that doesn’t make sense because it is a higher interest rate or some other drawback, then deal with whatever the terms are. More than likely the terms are still better borrowing from the relative, term life insurance is cheap and banks don’t die so assigning a beneficiary if something were to happen to him is logical.

Remember the lesson learned, never borrow money from relatives or friends.

[Author]

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