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treehugger
ParticipantIf I can find my neighborhood at the right price I will buy. Six offers already, with one inspection failure, all but one I offered OVER the asking price, all I was outbid.
As of last night, working on acceptance of a short sale offer, supposedly already bank approved, but the buyer on hold for the last 135 days just dropped out.
Realtor has accepted offer and is forwarding to bank, for whatever that is worth……neighborhood I want at below current market. My decision, worth some short sale drama and losing $8000 first time homebuyer credit IF it works.
I have been watching the market for the last 4.5 years and right now believe it is a crap shoot, it really could go either way. This house (or any house I buy) must meet my affordability criteria, with that in mind, if it drops another 20% I am still ok, both mentally and financially.
I am going to turn to good ole American optimism that everything will be alright! I am financially stable (good job, low risk of losing), can afford a certain house, like the area, and ready to commit.
ParticipantIf I can find my neighborhood at the right price I will buy. Six offers already, with one inspection failure, all but one I offered OVER the asking price, all I was outbid.
As of last night, working on acceptance of a short sale offer, supposedly already bank approved, but the buyer on hold for the last 135 days just dropped out.
Realtor has accepted offer and is forwarding to bank, for whatever that is worth……neighborhood I want at below current market. My decision, worth some short sale drama and losing $8000 first time homebuyer credit IF it works.
I have been watching the market for the last 4.5 years and right now believe it is a crap shoot, it really could go either way. This house (or any house I buy) must meet my affordability criteria, with that in mind, if it drops another 20% I am still ok, both mentally and financially.
I am going to turn to good ole American optimism that everything will be alright! I am financially stable (good job, low risk of losing), can afford a certain house, like the area, and ready to commit.
ParticipantIf I can find my neighborhood at the right price I will buy. Six offers already, with one inspection failure, all but one I offered OVER the asking price, all I was outbid.
As of last night, working on acceptance of a short sale offer, supposedly already bank approved, but the buyer on hold for the last 135 days just dropped out.
Realtor has accepted offer and is forwarding to bank, for whatever that is worth……neighborhood I want at below current market. My decision, worth some short sale drama and losing $8000 first time homebuyer credit IF it works.
I have been watching the market for the last 4.5 years and right now believe it is a crap shoot, it really could go either way. This house (or any house I buy) must meet my affordability criteria, with that in mind, if it drops another 20% I am still ok, both mentally and financially.
I am going to turn to good ole American optimism that everything will be alright! I am financially stable (good job, low risk of losing), can afford a certain house, like the area, and ready to commit.
ParticipantIf I can find my neighborhood at the right price I will buy. Six offers already, with one inspection failure, all but one I offered OVER the asking price, all I was outbid.
As of last night, working on acceptance of a short sale offer, supposedly already bank approved, but the buyer on hold for the last 135 days just dropped out.
Realtor has accepted offer and is forwarding to bank, for whatever that is worth……neighborhood I want at below current market. My decision, worth some short sale drama and losing $8000 first time homebuyer credit IF it works.
I have been watching the market for the last 4.5 years and right now believe it is a crap shoot, it really could go either way. This house (or any house I buy) must meet my affordability criteria, with that in mind, if it drops another 20% I am still ok, both mentally and financially.
I am going to turn to good ole American optimism that everything will be alright! I am financially stable (good job, low risk of losing), can afford a certain house, like the area, and ready to commit.
March 2, 2010 at 10:59 AM in reply to: The Internet may not have had the impact we all thought it would on housing #519744ParticipantI am a single woman and a potential buyer:
I have an iphone and am continuously updated on the latest listings. Since I have a vested interest I know every listing that hits the mls in my target area. The way the system is set up I have to use a realtor if I want to see the inside of a house I have already walked around the outside of and scoped out the neighborhood, I do not need to discuss/or talk it over with a “full service realtor”, that is what my family/friends are for.
To the question of “Is it different now?” I am surprised that real estate has not morphed into a flat fee based business vs commission.
Why not for sale by owners? In the age of the internet take some great photos, list your house on MLS, and offer a flat fee to a realtor/broker that brings in a buyer or talk directly to me the buyer and we will use a real estate attorney at a flat fee to handle all the paper work.
Instead the for sale by owners are convinced that their home is worth more now than it was in the height and the realtor tries to tell them it is not so they refuse to use a realtor and list their home for a ridiculous amount, hold open houses, and get irate when potential female buyer walks in and laughs at price and walks out. A few weeks later potential female buyer now see said house on mls with agent for about what she told him she would pay 🙂
I have difficulty trying to navigate the world of unscrupulous realtors who like to hold “pocket listings” and are more than happy to engage my business if they think they will get both ends of the commission.
Ugh….I just want a house that fits my needs/budget, why is this so difficult!
March 2, 2010 at 10:59 AM in reply to: The Internet may not have had the impact we all thought it would on housing #519884ParticipantI am a single woman and a potential buyer:
I have an iphone and am continuously updated on the latest listings. Since I have a vested interest I know every listing that hits the mls in my target area. The way the system is set up I have to use a realtor if I want to see the inside of a house I have already walked around the outside of and scoped out the neighborhood, I do not need to discuss/or talk it over with a “full service realtor”, that is what my family/friends are for.
To the question of “Is it different now?” I am surprised that real estate has not morphed into a flat fee based business vs commission.
Why not for sale by owners? In the age of the internet take some great photos, list your house on MLS, and offer a flat fee to a realtor/broker that brings in a buyer or talk directly to me the buyer and we will use a real estate attorney at a flat fee to handle all the paper work.
Instead the for sale by owners are convinced that their home is worth more now than it was in the height and the realtor tries to tell them it is not so they refuse to use a realtor and list their home for a ridiculous amount, hold open houses, and get irate when potential female buyer walks in and laughs at price and walks out. A few weeks later potential female buyer now see said house on mls with agent for about what she told him she would pay 🙂
I have difficulty trying to navigate the world of unscrupulous realtors who like to hold “pocket listings” and are more than happy to engage my business if they think they will get both ends of the commission.
Ugh….I just want a house that fits my needs/budget, why is this so difficult!
March 2, 2010 at 10:59 AM in reply to: The Internet may not have had the impact we all thought it would on housing #520318ParticipantI am a single woman and a potential buyer:
I have an iphone and am continuously updated on the latest listings. Since I have a vested interest I know every listing that hits the mls in my target area. The way the system is set up I have to use a realtor if I want to see the inside of a house I have already walked around the outside of and scoped out the neighborhood, I do not need to discuss/or talk it over with a “full service realtor”, that is what my family/friends are for.
To the question of “Is it different now?” I am surprised that real estate has not morphed into a flat fee based business vs commission.
Why not for sale by owners? In the age of the internet take some great photos, list your house on MLS, and offer a flat fee to a realtor/broker that brings in a buyer or talk directly to me the buyer and we will use a real estate attorney at a flat fee to handle all the paper work.
Instead the for sale by owners are convinced that their home is worth more now than it was in the height and the realtor tries to tell them it is not so they refuse to use a realtor and list their home for a ridiculous amount, hold open houses, and get irate when potential female buyer walks in and laughs at price and walks out. A few weeks later potential female buyer now see said house on mls with agent for about what she told him she would pay 🙂
I have difficulty trying to navigate the world of unscrupulous realtors who like to hold “pocket listings” and are more than happy to engage my business if they think they will get both ends of the commission.
Ugh….I just want a house that fits my needs/budget, why is this so difficult!
March 2, 2010 at 10:59 AM in reply to: The Internet may not have had the impact we all thought it would on housing #520409ParticipantI am a single woman and a potential buyer:
I have an iphone and am continuously updated on the latest listings. Since I have a vested interest I know every listing that hits the mls in my target area. The way the system is set up I have to use a realtor if I want to see the inside of a house I have already walked around the outside of and scoped out the neighborhood, I do not need to discuss/or talk it over with a “full service realtor”, that is what my family/friends are for.
To the question of “Is it different now?” I am surprised that real estate has not morphed into a flat fee based business vs commission.
Why not for sale by owners? In the age of the internet take some great photos, list your house on MLS, and offer a flat fee to a realtor/broker that brings in a buyer or talk directly to me the buyer and we will use a real estate attorney at a flat fee to handle all the paper work.
Instead the for sale by owners are convinced that their home is worth more now than it was in the height and the realtor tries to tell them it is not so they refuse to use a realtor and list their home for a ridiculous amount, hold open houses, and get irate when potential female buyer walks in and laughs at price and walks out. A few weeks later potential female buyer now see said house on mls with agent for about what she told him she would pay 🙂
I have difficulty trying to navigate the world of unscrupulous realtors who like to hold “pocket listings” and are more than happy to engage my business if they think they will get both ends of the commission.
Ugh….I just want a house that fits my needs/budget, why is this so difficult!
March 2, 2010 at 10:59 AM in reply to: The Internet may not have had the impact we all thought it would on housing #520666ParticipantI am a single woman and a potential buyer:
I have an iphone and am continuously updated on the latest listings. Since I have a vested interest I know every listing that hits the mls in my target area. The way the system is set up I have to use a realtor if I want to see the inside of a house I have already walked around the outside of and scoped out the neighborhood, I do not need to discuss/or talk it over with a “full service realtor”, that is what my family/friends are for.
To the question of “Is it different now?” I am surprised that real estate has not morphed into a flat fee based business vs commission.
Why not for sale by owners? In the age of the internet take some great photos, list your house on MLS, and offer a flat fee to a realtor/broker that brings in a buyer or talk directly to me the buyer and we will use a real estate attorney at a flat fee to handle all the paper work.
Instead the for sale by owners are convinced that their home is worth more now than it was in the height and the realtor tries to tell them it is not so they refuse to use a realtor and list their home for a ridiculous amount, hold open houses, and get irate when potential female buyer walks in and laughs at price and walks out. A few weeks later potential female buyer now see said house on mls with agent for about what she told him she would pay 🙂
I have difficulty trying to navigate the world of unscrupulous realtors who like to hold “pocket listings” and are more than happy to engage my business if they think they will get both ends of the commission.
Ugh….I just want a house that fits my needs/budget, why is this so difficult!
February 25, 2010 at 4:16 PM in reply to: Mortgages in walkable areas less likely to default. #517863ParticipantWalkable to me is not desireable. I want to have a couple acres and drive my gas guzzling SUV to work everyday, by myself.
I have friends in DC and Manhatten have spent weeks visiting both. I could not live that way. Like too many rats in a cage, all those people in one place, kinda freaks me out. Fun to go visit, but to live, no thanks.
Currently I carpool and rent an attached home in Carlsbad. Very nice, plus I can wave to my neighbors from all the windows. They are very friendly and often wave back. They even call my landlord to let her know my dog barked.
February 25, 2010 at 4:16 PM in reply to: Mortgages in walkable areas less likely to default. #518004ParticipantWalkable to me is not desireable. I want to have a couple acres and drive my gas guzzling SUV to work everyday, by myself.
I have friends in DC and Manhatten have spent weeks visiting both. I could not live that way. Like too many rats in a cage, all those people in one place, kinda freaks me out. Fun to go visit, but to live, no thanks.
Currently I carpool and rent an attached home in Carlsbad. Very nice, plus I can wave to my neighbors from all the windows. They are very friendly and often wave back. They even call my landlord to let her know my dog barked.
February 25, 2010 at 4:16 PM in reply to: Mortgages in walkable areas less likely to default. #518438ParticipantWalkable to me is not desireable. I want to have a couple acres and drive my gas guzzling SUV to work everyday, by myself.
I have friends in DC and Manhatten have spent weeks visiting both. I could not live that way. Like too many rats in a cage, all those people in one place, kinda freaks me out. Fun to go visit, but to live, no thanks.
Currently I carpool and rent an attached home in Carlsbad. Very nice, plus I can wave to my neighbors from all the windows. They are very friendly and often wave back. They even call my landlord to let her know my dog barked.
February 25, 2010 at 4:16 PM in reply to: Mortgages in walkable areas less likely to default. #518532ParticipantWalkable to me is not desireable. I want to have a couple acres and drive my gas guzzling SUV to work everyday, by myself.
I have friends in DC and Manhatten have spent weeks visiting both. I could not live that way. Like too many rats in a cage, all those people in one place, kinda freaks me out. Fun to go visit, but to live, no thanks.
Currently I carpool and rent an attached home in Carlsbad. Very nice, plus I can wave to my neighbors from all the windows. They are very friendly and often wave back. They even call my landlord to let her know my dog barked.
February 25, 2010 at 4:16 PM in reply to: Mortgages in walkable areas less likely to default. #518785ParticipantWalkable to me is not desireable. I want to have a couple acres and drive my gas guzzling SUV to work everyday, by myself.
I have friends in DC and Manhatten have spent weeks visiting both. I could not live that way. Like too many rats in a cage, all those people in one place, kinda freaks me out. Fun to go visit, but to live, no thanks.
Currently I carpool and rent an attached home in Carlsbad. Very nice, plus I can wave to my neighbors from all the windows. They are very friendly and often wave back. They even call my landlord to let her know my dog barked.
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