[temeculaguy]

I’m with Kev, it’s an edge. It may not be the driving factor but it is a factor especially if there are comparable nearby homes listed. In a way it has a price factor because I have my minimums and anything lacking those, I back out the cost of those when determining the price. For instance, I hate honey oak cabinets and tile countertops with grout because I’m lazy and granite or corian is easy to clean. I also want stainless or at least new and higher end appliances (a quiet dishwasher with a built in disposal). I also hate carpet, laminate flooring, vinyl flooring, and glossy tile. Wood, tile or some other natural flooring or I will put it in before moving in and my offer will reflect my cost of doing so. Putting in flooring, counters or cabinets is a pain in the butt while you live there. So is there a value to places that are already “dialed in” and modern? YES. Will they get back every nickel they put into it? NO!! That is why I would prefer to buy the one that has the upgrades, because it’s easier and cheaper to get it the way you want when there is so much out there to choose from and if a place lacks these things, they have to lower their price to compensate. It’s like buying a car without air conditioning, right off the bat, you’ve lost half the potential clients and of those that are left, they will want a price reduction commensurate to the lack of air.

[temeculaguy]

I’m with Kev, it’s an edge. It may not be the driving factor but it is a factor especially if there are comparable nearby homes listed. In a way it has a price factor because I have my minimums and anything lacking those, I back out the cost of those when determining the price. For instance, I hate honey oak cabinets and tile countertops with grout because I’m lazy and granite or corian is easy to clean. I also want stainless or at least new and higher end appliances (a quiet dishwasher with a built in disposal). I also hate carpet, laminate flooring, vinyl flooring, and glossy tile. Wood, tile or some other natural flooring or I will put it in before moving in and my offer will reflect my cost of doing so. Putting in flooring, counters or cabinets is a pain in the butt while you live there. So is there a value to places that are already “dialed in” and modern? YES. Will they get back every nickel they put into it? NO!! That is why I would prefer to buy the one that has the upgrades, because it’s easier and cheaper to get it the way you want when there is so much out there to choose from and if a place lacks these things, they have to lower their price to compensate. It’s like buying a car without air conditioning, right off the bat, you’ve lost half the potential clients and of those that are left, they will want a price reduction commensurate to the lack of air.

[temeculaguy]

I’m with Kev, it’s an edge. It may not be the driving factor but it is a factor especially if there are comparable nearby homes listed. In a way it has a price factor because I have my minimums and anything lacking those, I back out the cost of those when determining the price. For instance, I hate honey oak cabinets and tile countertops with grout because I’m lazy and granite or corian is easy to clean. I also want stainless or at least new and higher end appliances (a quiet dishwasher with a built in disposal). I also hate carpet, laminate flooring, vinyl flooring, and glossy tile. Wood, tile or some other natural flooring or I will put it in before moving in and my offer will reflect my cost of doing so. Putting in flooring, counters or cabinets is a pain in the butt while you live there. So is there a value to places that are already “dialed in” and modern? YES. Will they get back every nickel they put into it? NO!! That is why I would prefer to buy the one that has the upgrades, because it’s easier and cheaper to get it the way you want when there is so much out there to choose from and if a place lacks these things, they have to lower their price to compensate. It’s like buying a car without air conditioning, right off the bat, you’ve lost half the potential clients and of those that are left, they will want a price reduction commensurate to the lack of air.

[temeculaguy]

I’m with Kev, it’s an edge. It may not be the driving factor but it is a factor especially if there are comparable nearby homes listed. In a way it has a price factor because I have my minimums and anything lacking those, I back out the cost of those when determining the price. For instance, I hate honey oak cabinets and tile countertops with grout because I’m lazy and granite or corian is easy to clean. I also want stainless or at least new and higher end appliances (a quiet dishwasher with a built in disposal). I also hate carpet, laminate flooring, vinyl flooring, and glossy tile. Wood, tile or some other natural flooring or I will put it in before moving in and my offer will reflect my cost of doing so. Putting in flooring, counters or cabinets is a pain in the butt while you live there. So is there a value to places that are already “dialed in” and modern? YES. Will they get back every nickel they put into it? NO!! That is why I would prefer to buy the one that has the upgrades, because it’s easier and cheaper to get it the way you want when there is so much out there to choose from and if a place lacks these things, they have to lower their price to compensate. It’s like buying a car without air conditioning, right off the bat, you’ve lost half the potential clients and of those that are left, they will want a price reduction commensurate to the lack of air.

[temeculaguy]

Alan, I am a little unfamiliar with that bill and always skeptical of any bill actually having the intended result but it is interesting. How good is the info that banks are holding back inventory? I see a lot of brown lawns but no signs, I just figured it was a long legal process to get a repo to market. I can’t see the logic in hundreds of financial institutions conspiring together, they are competitors, why wouldn’t they just try to save themselves.

Patient, I am here for many reasons but primarily because I am raising a couple of teenagers who have always lived here and have family here, plus I wan’t a three care garage, Downtown isn’t an option. And of course divorcees in their 40’s is my chosen demographic so I’m right where I need to be at this stage in my life. When I hit my sixties I’ll retire and and relocate to the palm springs area, home of the hot grandmas.

[temeculaguy]

Alan, I am a little unfamiliar with that bill and always skeptical of any bill actually having the intended result but it is interesting. How good is the info that banks are holding back inventory? I see a lot of brown lawns but no signs, I just figured it was a long legal process to get a repo to market. I can’t see the logic in hundreds of financial institutions conspiring together, they are competitors, why wouldn’t they just try to save themselves.

Patient, I am here for many reasons but primarily because I am raising a couple of teenagers who have always lived here and have family here, plus I wan’t a three care garage, Downtown isn’t an option. And of course divorcees in their 40’s is my chosen demographic so I’m right where I need to be at this stage in my life. When I hit my sixties I’ll retire and and relocate to the palm springs area, home of the hot grandmas.

[temeculaguy]

Alan, I am a little unfamiliar with that bill and always skeptical of any bill actually having the intended result but it is interesting. How good is the info that banks are holding back inventory? I see a lot of brown lawns but no signs, I just figured it was a long legal process to get a repo to market. I can’t see the logic in hundreds of financial institutions conspiring together, they are competitors, why wouldn’t they just try to save themselves.

Patient, I am here for many reasons but primarily because I am raising a couple of teenagers who have always lived here and have family here, plus I wan’t a three care garage, Downtown isn’t an option. And of course divorcees in their 40’s is my chosen demographic so I’m right where I need to be at this stage in my life. When I hit my sixties I’ll retire and and relocate to the palm springs area, home of the hot grandmas.

[temeculaguy]

Alan, I am a little unfamiliar with that bill and always skeptical of any bill actually having the intended result but it is interesting. How good is the info that banks are holding back inventory? I see a lot of brown lawns but no signs, I just figured it was a long legal process to get a repo to market. I can’t see the logic in hundreds of financial institutions conspiring together, they are competitors, why wouldn’t they just try to save themselves.

Patient, I am here for many reasons but primarily because I am raising a couple of teenagers who have always lived here and have family here, plus I wan’t a three care garage, Downtown isn’t an option. And of course divorcees in their 40’s is my chosen demographic so I’m right where I need to be at this stage in my life. When I hit my sixties I’ll retire and and relocate to the palm springs area, home of the hot grandmas.

[temeculaguy]

Great comments, Yes I broke down and got a low end flat panel T.V. and there was a moment I was looking at a nice slimfit samsung that was dirt cheap but thought to myself that I am a hobo and I may move more than once in the next year, so no more tubes. In fact I started getting rid of the bedroom t.v’s and going with light, sub $400 flats Bear, excellent advice but no matter what happens I don’t want a ranch in Santiago, I hate yardwork, I like people and prefer tract home living and walking to cocktail parties on the block. Plus when you are the only Bachelor in a family neighborhood, all the wives try to set you up with their freinds, something you don’t get on multi-acre estates.

OC, that is an excellent plan and I bet it would work, at 350k it would be at about $110 per square, if I do go that route, I’m going with your plan. SD, yes, I plan to try and get close to what I wan’t as far as the house, lot and cabinets go, flooring and landscaping are things I know I will have to change and are easy fixes.

Bugs and Alan, all great points, I am going to watch December very closely to see what it does to the prices and psyche of the market. I had figured that as spring approached and sales still wen’t down, panic would set in locally, 300k was my lofty goal for a ball park 3,000 sq ft in one of the premeire neighborhoods. They were all above 6, then 5 and now 4, what the hell, I can still count backwards despite the brutal hangover I’m nursing, 3 is next. In fact I can find it now in the right area but not the specific tracts I want and with more “dated” interiors.

Here is case in point

http://www.redfin.com/stingray/do/printable-listing?listing-id=1122936

I’d love to thank everyone but to be honest I am probably more confused now. If I can find a month to month rental in Dec or Jan, I’ll probably do it, if at the time the liklihood of sub 350k for the right property comes along, I’ll probably start throwing those 300k offers out, the timing is going to be tight but I love excitement.

[temeculaguy]

Great comments, Yes I broke down and got a low end flat panel T.V. and there was a moment I was looking at a nice slimfit samsung that was dirt cheap but thought to myself that I am a hobo and I may move more than once in the next year, so no more tubes. In fact I started getting rid of the bedroom t.v’s and going with light, sub $400 flats Bear, excellent advice but no matter what happens I don’t want a ranch in Santiago, I hate yardwork, I like people and prefer tract home living and walking to cocktail parties on the block. Plus when you are the only Bachelor in a family neighborhood, all the wives try to set you up with their freinds, something you don’t get on multi-acre estates.

OC, that is an excellent plan and I bet it would work, at 350k it would be at about $110 per square, if I do go that route, I’m going with your plan. SD, yes, I plan to try and get close to what I wan’t as far as the house, lot and cabinets go, flooring and landscaping are things I know I will have to change and are easy fixes.

Bugs and Alan, all great points, I am going to watch December very closely to see what it does to the prices and psyche of the market. I had figured that as spring approached and sales still wen’t down, panic would set in locally, 300k was my lofty goal for a ball park 3,000 sq ft in one of the premeire neighborhoods. They were all above 6, then 5 and now 4, what the hell, I can still count backwards despite the brutal hangover I’m nursing, 3 is next. In fact I can find it now in the right area but not the specific tracts I want and with more “dated” interiors.

Here is case in point

http://www.redfin.com/stingray/do/printable-listing?listing-id=1122936

I’d love to thank everyone but to be honest I am probably more confused now. If I can find a month to month rental in Dec or Jan, I’ll probably do it, if at the time the liklihood of sub 350k for the right property comes along, I’ll probably start throwing those 300k offers out, the timing is going to be tight but I love excitement.

[temeculaguy]

Great comments, Yes I broke down and got a low end flat panel T.V. and there was a moment I was looking at a nice slimfit samsung that was dirt cheap but thought to myself that I am a hobo and I may move more than once in the next year, so no more tubes. In fact I started getting rid of the bedroom t.v’s and going with light, sub $400 flats Bear, excellent advice but no matter what happens I don’t want a ranch in Santiago, I hate yardwork, I like people and prefer tract home living and walking to cocktail parties on the block. Plus when you are the only Bachelor in a family neighborhood, all the wives try to set you up with their freinds, something you don’t get on multi-acre estates.

OC, that is an excellent plan and I bet it would work, at 350k it would be at about $110 per square, if I do go that route, I’m going with your plan. SD, yes, I plan to try and get close to what I wan’t as far as the house, lot and cabinets go, flooring and landscaping are things I know I will have to change and are easy fixes.

Bugs and Alan, all great points, I am going to watch December very closely to see what it does to the prices and psyche of the market. I had figured that as spring approached and sales still wen’t down, panic would set in locally, 300k was my lofty goal for a ball park 3,000 sq ft in one of the premeire neighborhoods. They were all above 6, then 5 and now 4, what the hell, I can still count backwards despite the brutal hangover I’m nursing, 3 is next. In fact I can find it now in the right area but not the specific tracts I want and with more “dated” interiors.

Here is case in point

http://www.redfin.com/stingray/do/printable-listing?listing-id=1122936

I’d love to thank everyone but to be honest I am probably more confused now. If I can find a month to month rental in Dec or Jan, I’ll probably do it, if at the time the liklihood of sub 350k for the right property comes along, I’ll probably start throwing those 300k offers out, the timing is going to be tight but I love excitement.

[temeculaguy]

Great comments, Yes I broke down and got a low end flat panel T.V. and there was a moment I was looking at a nice slimfit samsung that was dirt cheap but thought to myself that I am a hobo and I may move more than once in the next year, so no more tubes. In fact I started getting rid of the bedroom t.v’s and going with light, sub $400 flats Bear, excellent advice but no matter what happens I don’t want a ranch in Santiago, I hate yardwork, I like people and prefer tract home living and walking to cocktail parties on the block. Plus when you are the only Bachelor in a family neighborhood, all the wives try to set you up with their freinds, something you don’t get on multi-acre estates.

OC, that is an excellent plan and I bet it would work, at 350k it would be at about $110 per square, if I do go that route, I’m going with your plan. SD, yes, I plan to try and get close to what I wan’t as far as the house, lot and cabinets go, flooring and landscaping are things I know I will have to change and are easy fixes.

Bugs and Alan, all great points, I am going to watch December very closely to see what it does to the prices and psyche of the market. I had figured that as spring approached and sales still wen’t down, panic would set in locally, 300k was my lofty goal for a ball park 3,000 sq ft in one of the premeire neighborhoods. They were all above 6, then 5 and now 4, what the hell, I can still count backwards despite the brutal hangover I’m nursing, 3 is next. In fact I can find it now in the right area but not the specific tracts I want and with more “dated” interiors.

Here is case in point

http://www.redfin.com/stingray/do/printable-listing?listing-id=1122936

I’d love to thank everyone but to be honest I am probably more confused now. If I can find a month to month rental in Dec or Jan, I’ll probably do it, if at the time the liklihood of sub 350k for the right property comes along, I’ll probably start throwing those 300k offers out, the timing is going to be tight but I love excitement.

[temeculaguy]

Flu, squatting is out but a nice idea, I’m a running water kind of guy.

Snail, I kinda like the castle thingy, I plan on getting a paper crown from burger king and putting it on to answer the door.

Bear, I’m with you but affordability isn’t the issue, 400k isn’t a stretch, but 300k would allow me even more discretionary income to invest (or spend on drinking, gambling and women of ill repute, o.k maybe not ill repute but below standard repute for sure). I actually laugh at my own frugality because I already did what you suggested, lived like a pauper on a kings salary and eventually gave in and rented something reasonable, my pauper days are over but it is still good advice. Realistically I can afford suitable housing, I’m just a cheap bastard who’s little bubble theory is getting to the point of insanity. I’m well into the six figures, no debt, loads of cash in money market accounts and stocks and I’m hemming and hawing over another 50k drop in prices, I feel almost petty. I agree that the the uber bears hoping for $75 houses are dreaming but is 300k out of line for the properties I listed? It’s no longer about money, my strategy has paid off thus far and have saved 200k, now it’s about winning, no matter where I buy I wan’t to have paid the least, dammit. It’s all about respect at the block party. Respected by men, desired by women, you get the picture, it’s down to ego now.

[temeculaguy]

Flu, squatting is out but a nice idea, I’m a running water kind of guy.

Snail, I kinda like the castle thingy, I plan on getting a paper crown from burger king and putting it on to answer the door.

Bear, I’m with you but affordability isn’t the issue, 400k isn’t a stretch, but 300k would allow me even more discretionary income to invest (or spend on drinking, gambling and women of ill repute, o.k maybe not ill repute but below standard repute for sure). I actually laugh at my own frugality because I already did what you suggested, lived like a pauper on a kings salary and eventually gave in and rented something reasonable, my pauper days are over but it is still good advice. Realistically I can afford suitable housing, I’m just a cheap bastard who’s little bubble theory is getting to the point of insanity. I’m well into the six figures, no debt, loads of cash in money market accounts and stocks and I’m hemming and hawing over another 50k drop in prices, I feel almost petty. I agree that the the uber bears hoping for $75 houses are dreaming but is 300k out of line for the properties I listed? It’s no longer about money, my strategy has paid off thus far and have saved 200k, now it’s about winning, no matter where I buy I wan’t to have paid the least, dammit. It’s all about respect at the block party. Respected by men, desired by women, you get the picture, it’s down to ego now.

[temeculaguy]

Flu, squatting is out but a nice idea, I’m a running water kind of guy.

Snail, I kinda like the castle thingy, I plan on getting a paper crown from burger king and putting it on to answer the door.

Bear, I’m with you but affordability isn’t the issue, 400k isn’t a stretch, but 300k would allow me even more discretionary income to invest (or spend on drinking, gambling and women of ill repute, o.k maybe not ill repute but below standard repute for sure). I actually laugh at my own frugality because I already did what you suggested, lived like a pauper on a kings salary and eventually gave in and rented something reasonable, my pauper days are over but it is still good advice. Realistically I can afford suitable housing, I’m just a cheap bastard who’s little bubble theory is getting to the point of insanity. I’m well into the six figures, no debt, loads of cash in money market accounts and stocks and I’m hemming and hawing over another 50k drop in prices, I feel almost petty. I agree that the the uber bears hoping for $75 houses are dreaming but is 300k out of line for the properties I listed? It’s no longer about money, my strategy has paid off thus far and have saved 200k, now it’s about winning, no matter where I buy I wan’t to have paid the least, dammit. It’s all about respect at the block party. Respected by men, desired by women, you get the picture, it’s down to ego now.

[Author]

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