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  • November 20, 2007 at 4:16 PM in reply to: Falling interest rates #102009
    waiting for bottom
    Participant

    Thanks also for your reponses.

    I agree with waiting until rent=PITI, except for tax break. I factor in a $600/mth interest deduction benefit ($27K interest x 26% tax).

    It’s just frustrating waiting for prices to fall and being a renter. DO you think I would have any luck sending some “lowball” offers in the 650K range in Mariner’s point? Or is that just wasting everyone’s time?

    November 20, 2007 at 4:16 PM in reply to: Falling interest rates #102092
    waiting for bottom
    Participant

    Thanks also for your reponses.

    I agree with waiting until rent=PITI, except for tax break. I factor in a $600/mth interest deduction benefit ($27K interest x 26% tax).

    It’s just frustrating waiting for prices to fall and being a renter. DO you think I would have any luck sending some “lowball” offers in the 650K range in Mariner’s point? Or is that just wasting everyone’s time?

    November 20, 2007 at 4:16 PM in reply to: Falling interest rates #102101
    waiting for bottom
    Participant

    Thanks also for your reponses.

    I agree with waiting until rent=PITI, except for tax break. I factor in a $600/mth interest deduction benefit ($27K interest x 26% tax).

    It’s just frustrating waiting for prices to fall and being a renter. DO you think I would have any luck sending some “lowball” offers in the 650K range in Mariner’s point? Or is that just wasting everyone’s time?

    November 20, 2007 at 4:16 PM in reply to: Falling interest rates #102124
    waiting for bottom
    Participant

    Thanks also for your reponses.

    I agree with waiting until rent=PITI, except for tax break. I factor in a $600/mth interest deduction benefit ($27K interest x 26% tax).

    It’s just frustrating waiting for prices to fall and being a renter. DO you think I would have any luck sending some “lowball” offers in the 650K range in Mariner’s point? Or is that just wasting everyone’s time?

    November 20, 2007 at 4:16 PM in reply to: Falling interest rates #102153
    waiting for bottom
    Participant

    Thanks also for your reponses.

    I agree with waiting until rent=PITI, except for tax break. I factor in a $600/mth interest deduction benefit ($27K interest x 26% tax).

    It’s just frustrating waiting for prices to fall and being a renter. DO you think I would have any luck sending some “lowball” offers in the 650K range in Mariner’s point? Or is that just wasting everyone’s time?

    November 20, 2007 at 12:17 PM in reply to: Falling interest rates #101787
    waiting for bottom
    Participant

    I’m with you but Bugs is correct, you should wait until at least spring to see what happens.

    I am waiting to buy in the Mariner’s Point section of Carlsbad. There are 5 houses for sale in the 850K range. I am new to the area, renting for $2800 in SEH, sitting on six-figure cash and waiting for a bottom.

    Am I crazy to plan on buying in the spring or summer? If I could get 650-700K in my target area, I think I would…someone please set me straight.

    November 20, 2007 at 12:17 PM in reply to: Falling interest rates #101872
    waiting for bottom
    Participant

    I’m with you but Bugs is correct, you should wait until at least spring to see what happens.

    I am waiting to buy in the Mariner’s Point section of Carlsbad. There are 5 houses for sale in the 850K range. I am new to the area, renting for $2800 in SEH, sitting on six-figure cash and waiting for a bottom.

    Am I crazy to plan on buying in the spring or summer? If I could get 650-700K in my target area, I think I would…someone please set me straight.

    November 20, 2007 at 12:17 PM in reply to: Falling interest rates #101884
    waiting for bottom
    Participant

    I’m with you but Bugs is correct, you should wait until at least spring to see what happens.

    I am waiting to buy in the Mariner’s Point section of Carlsbad. There are 5 houses for sale in the 850K range. I am new to the area, renting for $2800 in SEH, sitting on six-figure cash and waiting for a bottom.

    Am I crazy to plan on buying in the spring or summer? If I could get 650-700K in my target area, I think I would…someone please set me straight.

    November 20, 2007 at 12:17 PM in reply to: Falling interest rates #101903
    waiting for bottom
    Participant

    I’m with you but Bugs is correct, you should wait until at least spring to see what happens.

    I am waiting to buy in the Mariner’s Point section of Carlsbad. There are 5 houses for sale in the 850K range. I am new to the area, renting for $2800 in SEH, sitting on six-figure cash and waiting for a bottom.

    Am I crazy to plan on buying in the spring or summer? If I could get 650-700K in my target area, I think I would…someone please set me straight.

    November 20, 2007 at 12:17 PM in reply to: Falling interest rates #101933
    waiting for bottom
    Participant

    I’m with you but Bugs is correct, you should wait until at least spring to see what happens.

    I am waiting to buy in the Mariner’s Point section of Carlsbad. There are 5 houses for sale in the 850K range. I am new to the area, renting for $2800 in SEH, sitting on six-figure cash and waiting for a bottom.

    Am I crazy to plan on buying in the spring or summer? If I could get 650-700K in my target area, I think I would…someone please set me straight.

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Viewing 10 posts - 1,111 through 1,120 (of 1,120 total)
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