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UCGal
ParticipantIt seems that she’s discouraging you from a significant portion of the market.
Downsides of short sales and foreclosures.
– both need approval from the bank… which can take more time than a traditional sale.
– with short sales you also need approval from the “seller”. Ego’s could get in the way.
– with short sales there can be 2nd lien holders that can kill the deal.
– with short sales there are often short sale negotiators mandated by the listing agent… and paid for by the buyer.That said – the market has too many foreclosures and short sales to ignore that inventory.
UCGal
ParticipantIt seems that she’s discouraging you from a significant portion of the market.
Downsides of short sales and foreclosures.
– both need approval from the bank… which can take more time than a traditional sale.
– with short sales you also need approval from the “seller”. Ego’s could get in the way.
– with short sales there can be 2nd lien holders that can kill the deal.
– with short sales there are often short sale negotiators mandated by the listing agent… and paid for by the buyer.That said – the market has too many foreclosures and short sales to ignore that inventory.
January 5, 2011 at 8:29 AM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #648037UCGal
Participant[quote=Rustico]sorry,blew that.
It was for UCGalJust something you might find interesting, UCGAL.
Code in the county jurisdiction(or at least parts of it)calls for self sealing vents. If you or your husband haven’t seen them, they have a honeycomb behind the 1/4 mesh that is suppose to melt closed in a fire.[/quote]
Interesting. I’ll definitely pass this on to him. For now we’ve just been replacing with insect size stainless steel. (Vs the bird size aluminum that was there.) When we were building the companion unit we had to get everything past the fire marshal because we’re within X feet of the fire zone. Having the smaller mesh means embers can’t get in. But having it melt close is even better.[quote=Rustico]Watch out for signs that a house has been enhanced or optimized with modification sans concern for structural integrity.
I saw a place recently where a nook was cut into the garage to expand the kitchen by sinking the fridge into the wall. It was the only ” wall below” that could possibly carry sheer strength to the second story and there was little to nothing left of it.[/quote]
I’ve seen similar – and no regard for the fact that they’d destroyed the fire rating between garage and kitchen.January 5, 2011 at 8:29 AM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #648109UCGal
Participant[quote=Rustico]sorry,blew that.
It was for UCGalJust something you might find interesting, UCGAL.
Code in the county jurisdiction(or at least parts of it)calls for self sealing vents. If you or your husband haven’t seen them, they have a honeycomb behind the 1/4 mesh that is suppose to melt closed in a fire.[/quote]
Interesting. I’ll definitely pass this on to him. For now we’ve just been replacing with insect size stainless steel. (Vs the bird size aluminum that was there.) When we were building the companion unit we had to get everything past the fire marshal because we’re within X feet of the fire zone. Having the smaller mesh means embers can’t get in. But having it melt close is even better.[quote=Rustico]Watch out for signs that a house has been enhanced or optimized with modification sans concern for structural integrity.
I saw a place recently where a nook was cut into the garage to expand the kitchen by sinking the fridge into the wall. It was the only ” wall below” that could possibly carry sheer strength to the second story and there was little to nothing left of it.[/quote]
I’ve seen similar – and no regard for the fact that they’d destroyed the fire rating between garage and kitchen.January 5, 2011 at 8:29 AM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #648694UCGal
Participant[quote=Rustico]sorry,blew that.
It was for UCGalJust something you might find interesting, UCGAL.
Code in the county jurisdiction(or at least parts of it)calls for self sealing vents. If you or your husband haven’t seen them, they have a honeycomb behind the 1/4 mesh that is suppose to melt closed in a fire.[/quote]
Interesting. I’ll definitely pass this on to him. For now we’ve just been replacing with insect size stainless steel. (Vs the bird size aluminum that was there.) When we were building the companion unit we had to get everything past the fire marshal because we’re within X feet of the fire zone. Having the smaller mesh means embers can’t get in. But having it melt close is even better.[quote=Rustico]Watch out for signs that a house has been enhanced or optimized with modification sans concern for structural integrity.
I saw a place recently where a nook was cut into the garage to expand the kitchen by sinking the fridge into the wall. It was the only ” wall below” that could possibly carry sheer strength to the second story and there was little to nothing left of it.[/quote]
I’ve seen similar – and no regard for the fact that they’d destroyed the fire rating between garage and kitchen.January 5, 2011 at 8:29 AM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #648831UCGal
Participant[quote=Rustico]sorry,blew that.
It was for UCGalJust something you might find interesting, UCGAL.
Code in the county jurisdiction(or at least parts of it)calls for self sealing vents. If you or your husband haven’t seen them, they have a honeycomb behind the 1/4 mesh that is suppose to melt closed in a fire.[/quote]
Interesting. I’ll definitely pass this on to him. For now we’ve just been replacing with insect size stainless steel. (Vs the bird size aluminum that was there.) When we were building the companion unit we had to get everything past the fire marshal because we’re within X feet of the fire zone. Having the smaller mesh means embers can’t get in. But having it melt close is even better.[quote=Rustico]Watch out for signs that a house has been enhanced or optimized with modification sans concern for structural integrity.
I saw a place recently where a nook was cut into the garage to expand the kitchen by sinking the fridge into the wall. It was the only ” wall below” that could possibly carry sheer strength to the second story and there was little to nothing left of it.[/quote]
I’ve seen similar – and no regard for the fact that they’d destroyed the fire rating between garage and kitchen.January 5, 2011 at 8:29 AM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #649155UCGal
Participant[quote=Rustico]sorry,blew that.
It was for UCGalJust something you might find interesting, UCGAL.
Code in the county jurisdiction(or at least parts of it)calls for self sealing vents. If you or your husband haven’t seen them, they have a honeycomb behind the 1/4 mesh that is suppose to melt closed in a fire.[/quote]
Interesting. I’ll definitely pass this on to him. For now we’ve just been replacing with insect size stainless steel. (Vs the bird size aluminum that was there.) When we were building the companion unit we had to get everything past the fire marshal because we’re within X feet of the fire zone. Having the smaller mesh means embers can’t get in. But having it melt close is even better.[quote=Rustico]Watch out for signs that a house has been enhanced or optimized with modification sans concern for structural integrity.
I saw a place recently where a nook was cut into the garage to expand the kitchen by sinking the fridge into the wall. It was the only ” wall below” that could possibly carry sheer strength to the second story and there was little to nothing left of it.[/quote]
I’ve seen similar – and no regard for the fact that they’d destroyed the fire rating between garage and kitchen.UCGal
Participant[quote=XBoxBoy]No surprise here. The owners have filed suit for $500,000. Welcome to California, the worlds most litigious state.
http://www.nctimes.com/news/local/sdcounty/article_7c9032a1-d35a-5901-b442-b715ab5991cc.html%5B/quote%5D
If I’d owned the house, I’d be suing also.
The county specifically didn’t do eminent domain because that would require paying the owner.The courts are there for a reason. The court will determine if the owner of the property should be compensated. My gut says they should.
UCGal
Participant[quote=XBoxBoy]No surprise here. The owners have filed suit for $500,000. Welcome to California, the worlds most litigious state.
http://www.nctimes.com/news/local/sdcounty/article_7c9032a1-d35a-5901-b442-b715ab5991cc.html%5B/quote%5D
If I’d owned the house, I’d be suing also.
The county specifically didn’t do eminent domain because that would require paying the owner.The courts are there for a reason. The court will determine if the owner of the property should be compensated. My gut says they should.
UCGal
Participant[quote=XBoxBoy]No surprise here. The owners have filed suit for $500,000. Welcome to California, the worlds most litigious state.
http://www.nctimes.com/news/local/sdcounty/article_7c9032a1-d35a-5901-b442-b715ab5991cc.html%5B/quote%5D
If I’d owned the house, I’d be suing also.
The county specifically didn’t do eminent domain because that would require paying the owner.The courts are there for a reason. The court will determine if the owner of the property should be compensated. My gut says they should.
UCGal
Participant[quote=XBoxBoy]No surprise here. The owners have filed suit for $500,000. Welcome to California, the worlds most litigious state.
http://www.nctimes.com/news/local/sdcounty/article_7c9032a1-d35a-5901-b442-b715ab5991cc.html%5B/quote%5D
If I’d owned the house, I’d be suing also.
The county specifically didn’t do eminent domain because that would require paying the owner.The courts are there for a reason. The court will determine if the owner of the property should be compensated. My gut says they should.
UCGal
Participant[quote=XBoxBoy]No surprise here. The owners have filed suit for $500,000. Welcome to California, the worlds most litigious state.
http://www.nctimes.com/news/local/sdcounty/article_7c9032a1-d35a-5901-b442-b715ab5991cc.html%5B/quote%5D
If I’d owned the house, I’d be suing also.
The county specifically didn’t do eminent domain because that would require paying the owner.The courts are there for a reason. The court will determine if the owner of the property should be compensated. My gut says they should.
January 4, 2011 at 8:20 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #647942UCGal
ParticipantScarlett –
my husband, being from the east coast (Philly), was SUPER paranoid about earthquakes when we moved here. He has since 100% changed his paranoia to fires.There are things you can do to retrofit an older house. We haven’t spent much at all… (of course Hubby is doing the work.) It’s mainly just fixing things if we open a wall for some other reason.
That said – some of the classic mid-century features are things you need to consider for seismic… walls of bricks or stone around a fireplace wall… Hubby took out a lot of our brick around the fireplace to remove the weight – and then put wire and stucco over the remainder (more tuscan than mid-60’s now)… so that if an earthquake happens that brick won’t come landing in our living room and konk someone in the head.
As I said – my husband has shifted his previous paranoia from earthquakes to fire. (We’re right above San Clemente and have a deep canyon off shoot near our house). So now it’s about fire hardening the house… smaller screens on the soffit vents, nothing flamable right next to the house…
You can ALWAYS find a reason to decide against a house or neighborhood. But a lot of the issues can be addressed.
January 4, 2011 at 8:20 PM in reply to: Let’s speculate effect of a massive earthquake on RE and CA economy. #648013UCGal
ParticipantScarlett –
my husband, being from the east coast (Philly), was SUPER paranoid about earthquakes when we moved here. He has since 100% changed his paranoia to fires.There are things you can do to retrofit an older house. We haven’t spent much at all… (of course Hubby is doing the work.) It’s mainly just fixing things if we open a wall for some other reason.
That said – some of the classic mid-century features are things you need to consider for seismic… walls of bricks or stone around a fireplace wall… Hubby took out a lot of our brick around the fireplace to remove the weight – and then put wire and stucco over the remainder (more tuscan than mid-60’s now)… so that if an earthquake happens that brick won’t come landing in our living room and konk someone in the head.
As I said – my husband has shifted his previous paranoia from earthquakes to fire. (We’re right above San Clemente and have a deep canyon off shoot near our house). So now it’s about fire hardening the house… smaller screens on the soffit vents, nothing flamable right next to the house…
You can ALWAYS find a reason to decide against a house or neighborhood. But a lot of the issues can be addressed.
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