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ybitz
ParticipantWhat if your property was “under-water” (you owe more mortgage on it than it’s worth) when the government exercises eminent domain on your house? As far as I know, the government only has to pay the fair market share. Would you get slapped with a bill from the bank? Or would the bank just have to eat the difference for a non-recourse loan? I wonder if this has ever happened before.
ParticipantWhat if your property was “under-water” (you owe more mortgage on it than it’s worth) when the government exercises eminent domain on your house? As far as I know, the government only has to pay the fair market share. Would you get slapped with a bill from the bank? Or would the bank just have to eat the difference for a non-recourse loan? I wonder if this has ever happened before.
ParticipantWhat if your property was “under-water” (you owe more mortgage on it than it’s worth) when the government exercises eminent domain on your house? As far as I know, the government only has to pay the fair market share. Would you get slapped with a bill from the bank? Or would the bank just have to eat the difference for a non-recourse loan? I wonder if this has ever happened before.
ParticipantI agree that seller disclosure should be made available even before the offer is made. It would advantageous to the seller too, because you would get more serious offers from buyer (since they know what they’re getting into), and presumably less buyers retracting their offer because of something in the disclosure.
Can you think of reasons against sellers disclosing prior to offer acceptance? Privacy?ParticipantI agree that seller disclosure should be made available even before the offer is made. It would advantageous to the seller too, because you would get more serious offers from buyer (since they know what they’re getting into), and presumably less buyers retracting their offer because of something in the disclosure.
Can you think of reasons against sellers disclosing prior to offer acceptance? Privacy?ParticipantI agree that seller disclosure should be made available even before the offer is made. It would advantageous to the seller too, because you would get more serious offers from buyer (since they know what they’re getting into), and presumably less buyers retracting their offer because of something in the disclosure.
Can you think of reasons against sellers disclosing prior to offer acceptance? Privacy?ParticipantI agree that seller disclosure should be made available even before the offer is made. It would advantageous to the seller too, because you would get more serious offers from buyer (since they know what they’re getting into), and presumably less buyers retracting their offer because of something in the disclosure.
Can you think of reasons against sellers disclosing prior to offer acceptance? Privacy?ParticipantI agree that seller disclosure should be made available even before the offer is made. It would advantageous to the seller too, because you would get more serious offers from buyer (since they know what they’re getting into), and presumably less buyers retracting their offer because of something in the disclosure.
Can you think of reasons against sellers disclosing prior to offer acceptance? Privacy?Participant[quote=Eugene]Seems pricey, getting homeowner’s insurance may be difficult, and are you okay with 34% free lunches in elementary school? (some people aren’t).
[/quote]Can you clarify? Would it be difficult getting homeowner’s insurance because of the fire risk? If so, is there anyway to know insurability prior to close of escrow?
34% free lunch–meaning there are a lot of poor families with kids getting subsidized lunches? I thought Poway median household income was fairly high?Participant[quote=Eugene]Seems pricey, getting homeowner’s insurance may be difficult, and are you okay with 34% free lunches in elementary school? (some people aren’t).
[/quote]Can you clarify? Would it be difficult getting homeowner’s insurance because of the fire risk? If so, is there anyway to know insurability prior to close of escrow?
34% free lunch–meaning there are a lot of poor families with kids getting subsidized lunches? I thought Poway median household income was fairly high?Participant[quote=Eugene]Seems pricey, getting homeowner’s insurance may be difficult, and are you okay with 34% free lunches in elementary school? (some people aren’t).
[/quote]Can you clarify? Would it be difficult getting homeowner’s insurance because of the fire risk? If so, is there anyway to know insurability prior to close of escrow?
34% free lunch–meaning there are a lot of poor families with kids getting subsidized lunches? I thought Poway median household income was fairly high?Participant[quote=Eugene]Seems pricey, getting homeowner’s insurance may be difficult, and are you okay with 34% free lunches in elementary school? (some people aren’t).
[/quote]Can you clarify? Would it be difficult getting homeowner’s insurance because of the fire risk? If so, is there anyway to know insurability prior to close of escrow?
34% free lunch–meaning there are a lot of poor families with kids getting subsidized lunches? I thought Poway median household income was fairly high?Participant[quote=Eugene]Seems pricey, getting homeowner’s insurance may be difficult, and are you okay with 34% free lunches in elementary school? (some people aren’t).
[/quote]Can you clarify? Would it be difficult getting homeowner’s insurance because of the fire risk? If so, is there anyway to know insurability prior to close of escrow?
34% free lunch–meaning there are a lot of poor families with kids getting subsidized lunches? I thought Poway median household income was fairly high?ParticipantNot bad, considering the current market. The lot is under 5000 sq-ft, seems kind of small to me, and at about $297/sq-ft. Is there a lot of freeway noise?
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