Forum Replies Created
-
AuthorPosts
-
unbiasedobserverParticipant
Actually even in a normal slowly-appreciating market you are underwater from day 1 considering the 6% realtor fee you would need to pony up to sell. Hence the age-old rule of thumb not to buy unless you plan to be there 5-7 years. This is something most buyers of today seem to have completely forgotten about.
unbiasedobserverParticipantActually even in a normal slowly-appreciating market you are underwater from day 1 considering the 6% realtor fee you would need to pony up to sell. Hence the age-old rule of thumb not to buy unless you plan to be there 5-7 years. This is something most buyers of today seem to have completely forgotten about.
unbiasedobserverParticipantActually even in a normal slowly-appreciating market you are underwater from day 1 considering the 6% realtor fee you would need to pony up to sell. Hence the age-old rule of thumb not to buy unless you plan to be there 5-7 years. This is something most buyers of today seem to have completely forgotten about.
unbiasedobserverParticipantActually even in a normal slowly-appreciating market you are underwater from day 1 considering the 6% realtor fee you would need to pony up to sell. Hence the age-old rule of thumb not to buy unless you plan to be there 5-7 years. This is something most buyers of today seem to have completely forgotten about.
December 5, 2007 at 8:52 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109190unbiasedobserverParticipantI have been looking in the very areas you mention. If you have excellent credit, then rent is very negotiable (also helps if you don’t have pets or very small ones anyway). You will be competing with people with atrocious credit but are willing to pay more. Any landlord with any sense will take lower rent for a better renter. Bring a copy of your credit report with you, and maybe a copy of your offer letter if you have a good salary. About half the people on craigslist are complete dreamers as far as rent they are asking. Even in CV I saw similar 2500 sft houses ask anywhere from 3000 to 6000! Look at the lowest priced ones and knock off 10% from there after you go look. When you go look, act very friendly, responsible, and dress well. If you don’t think you present yourself well, hire a body double. Good luck
December 5, 2007 at 8:52 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109301unbiasedobserverParticipantI have been looking in the very areas you mention. If you have excellent credit, then rent is very negotiable (also helps if you don’t have pets or very small ones anyway). You will be competing with people with atrocious credit but are willing to pay more. Any landlord with any sense will take lower rent for a better renter. Bring a copy of your credit report with you, and maybe a copy of your offer letter if you have a good salary. About half the people on craigslist are complete dreamers as far as rent they are asking. Even in CV I saw similar 2500 sft houses ask anywhere from 3000 to 6000! Look at the lowest priced ones and knock off 10% from there after you go look. When you go look, act very friendly, responsible, and dress well. If you don’t think you present yourself well, hire a body double. Good luck
December 5, 2007 at 8:52 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109333unbiasedobserverParticipantI have been looking in the very areas you mention. If you have excellent credit, then rent is very negotiable (also helps if you don’t have pets or very small ones anyway). You will be competing with people with atrocious credit but are willing to pay more. Any landlord with any sense will take lower rent for a better renter. Bring a copy of your credit report with you, and maybe a copy of your offer letter if you have a good salary. About half the people on craigslist are complete dreamers as far as rent they are asking. Even in CV I saw similar 2500 sft houses ask anywhere from 3000 to 6000! Look at the lowest priced ones and knock off 10% from there after you go look. When you go look, act very friendly, responsible, and dress well. If you don’t think you present yourself well, hire a body double. Good luck
December 5, 2007 at 8:52 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109340unbiasedobserverParticipantI have been looking in the very areas you mention. If you have excellent credit, then rent is very negotiable (also helps if you don’t have pets or very small ones anyway). You will be competing with people with atrocious credit but are willing to pay more. Any landlord with any sense will take lower rent for a better renter. Bring a copy of your credit report with you, and maybe a copy of your offer letter if you have a good salary. About half the people on craigslist are complete dreamers as far as rent they are asking. Even in CV I saw similar 2500 sft houses ask anywhere from 3000 to 6000! Look at the lowest priced ones and knock off 10% from there after you go look. When you go look, act very friendly, responsible, and dress well. If you don’t think you present yourself well, hire a body double. Good luck
December 5, 2007 at 8:52 AM in reply to: Moving bank to San Diego; Reasonable price for rental? #109349unbiasedobserverParticipantI have been looking in the very areas you mention. If you have excellent credit, then rent is very negotiable (also helps if you don’t have pets or very small ones anyway). You will be competing with people with atrocious credit but are willing to pay more. Any landlord with any sense will take lower rent for a better renter. Bring a copy of your credit report with you, and maybe a copy of your offer letter if you have a good salary. About half the people on craigslist are complete dreamers as far as rent they are asking. Even in CV I saw similar 2500 sft houses ask anywhere from 3000 to 6000! Look at the lowest priced ones and knock off 10% from there after you go look. When you go look, act very friendly, responsible, and dress well. If you don’t think you present yourself well, hire a body double. Good luck
unbiasedobserverParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
unbiasedobserverParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
unbiasedobserverParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
unbiasedobserverParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
November 11, 2007 at 10:33 AM in reply to: Anyone else see problems here? $30,000 income buys $316,000 house? #98382unbiasedobserverParticipantI remember when I took my first job out of college earning 32,000 my realtor told me the highest price home I could afford with 5% down was 98,000. I found a house I really liked listed at 102,000 and he strongly urged against me buying it (which I did anyway). How times have changed, now the govt of all people encourages people with that income level to buy in the 300,000s. WTF. Our government evidently wants its citizens to be as broke as it is. Shameful.
-
AuthorPosts