Originally posted by joydivision
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Real Estate is going insane every where.
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Not sure of your connotation. But when I said You I wasn't saying you specifically. Just clarifying that.. Trust you?
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Originally posted by joydivision View Post
Firstly, No offense. You are more interested in perpetuating an economic society based on bebt, classism,... rather than a resource based society with an intention for abundance for all. -DONT TELL ME WE CANT-
that is simply, not true
The humans addiction to money far exceeds its own intelligence and retards its ability of true growth as a species.
Despite popular belief the Earth will not stop spinning due to the lack of human beings running a fear based economic society. Using $$ as tool to oppress mans societal growth and the actuality of well, "Life"
when the answer to guns (aka warfare) is MORE GUNS! And, the answer to Obvious- economic failures, societal depression, inflationary greed "as a necessity!", gentrification, gerrymandering etc. etc. is Obviously MORE MONEY! -
Ha Ha
I know what you're expecting right now; An advertisement for Draft Cunts or BetUrSoUls. But my promise to You, as a salesman, NAY, a Business Man,, is that there Won't be Any commercials during this broadcast. However I would like to say if you do have a "gambling" "problem" ,we would like to Thank You for your dedication and loyalty, Aaas well as inform you that a # exists that you may call. for help
- Well than No wonder we are all on this "Merry"-go-round. Snug as a'bug. Compliance is the way forward.
You know Bill Gates ,a Very brilliant man, he vocalizes that "the Rich will need to lead the way" . Well, Bless His Heart.
how can there be Rich if there isn't poor? You know what I mean!?!
SOB its right there in front of us again. The problem isn't less money. Hell, the problem, is not even not enough money. No.
The Answer is More (shm) Money
Secondly, I am sick of seeing this thread up here.
Trust me when I say, no offense taken.
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Originally posted by Drama Queen View Post... as well as equities and other investments.
"Very reasonable thought process. I could see it. Houses can sit a long time under normal circumstances."
How does this merry-go-round stop?
that is simply, not true
The humans addiction to money far exceeds its own intelligence and retards its ability of true growth as a species.
Despite popular belief the Earth will not stop spinning due to the lack of human beings running a fear based economic society. Using $$ as tool to oppress mans societal growth and the actuality of well, "Life"
when the answer to guns (aka warfare) is MORE GUNS! And, the answer to Obvious- economic failures, societal depression, inflationary greed "as a necessity!", gentrification, gerrymandering etc. etc. is Obviously MORE MONEY! -
Ha Ha
I know what you're expecting right now; An advertisement for Draft Cunts or BetUrSoUls. But my promise to You, as a salesman, NAY, a Business Man,, is that there Won't be Any commercials during this broadcast. However I would like to say if you do have a "gambling" "problem" ,we would like to Thank You for your dedication and loyalty, Aaas well as inform you that a # exists that you may call. for help
- Well than No wonder we are all on this "Merry"-go-round. Snug as a'bug. Compliance is the way forward.
You know Bill Gates ,a Very brilliant man, he vocalizes that "the Rich will need to lead the way" . Well, Bless His Heart.
how can there be Rich if there isn't poor? You know what I mean!?!
SOB its right there in front of us again. The problem isn't less money. Hell, the problem, is not even not enough money. No.
The Answer is More (shm) Money
Secondly, I am sick of seeing this thread up here.
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Originally posted by RSE View PostEven in my simple neighborhood in the God forsaken arctic wind tunnel that is Buffalo, where the housing stock is over 100 years old and built almost entirely for the families of steel workers and mill workers, the houses are flying off the shelves. We have half a mind to sell ours and just rent until I retire and we leave this place.
We have a 2.25 acre plot up in North Phoenix horse country with a shared well, electric, and septic already there... we can buy it from a friend for way (way, way, way) below market. She cares more about who builds there than cashing in. We just have to figure out where we're going to live for 9-12 months during construction. With every day that goes by, this is the only option that continues to make any sense for us. But I shudder to think of what kind of rental we're going to have to live in while the house is being built.
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Originally posted by RSE View PostEven in my simple neighborhood in the God forsaken arctic wind tunnel that is Buffalo, where the housing stock is over 100 years old and built almost entirely for the families of steel workers and mill workers, the houses are flying off the shelves. We have half a mind to sell ours and just rent until I retire and we leave this place.
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Even in my simple neighborhood in the God forsaken arctic wind tunnel that is Buffalo, where the housing stock is over 100 years old and built almost entirely for the families of steel workers and mill workers, the houses are flying off the shelves. We have half a mind to sell ours and just rent until I retire and we leave this place.
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Originally posted by The Duck View Post
We're specifically targeting back-on-the market houses now, looking for burn victims, offering a fixed amount over appraisal, closing costs, and a quick close. Preferably the ugly ones that can be transformed relatively easily with $20-$30K as soon as we get there (paint, floors, landscaping, etc)... houses the wives aren't falling in love with at first sight. Everything else is a feeding frenzy.
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Originally posted by 3rd & Inches View PostI couldn’t imagine being a young first time home buyer right now with no available equity. So this is the new math I’m witnessing:
-house is being priced at 300k
- offers flood in
- seller accepts 365k offer
- house appraises for 305k
- buyer better have 60k on hand if they want that house
-delay in closing, house back on market
* I didn’t take the highest offer on my home, I wanted a quick closing.
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Originally posted by Drama Queen View Post
Four kids and a dog puts it into perspective... and I imagine you might be limited to a specific school district.
Man, I’m pulling for you dude! I dread moving this fall and I haven’t done that in 17 years.
Fuckin' gypsies.
Last edited by The Duck; 03-05-2021, 02:42 AM.
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Originally posted by The Duck View Post
I've been saying that since we moved here in 2013. That's resulted in four moves in eight years. It's been hell on the family.
I'll suck it up if we can find something. I can't imagine apartment living again, with four kids and two dogs, but there's at least the possibility that's where this nightmare is headed.
Man, I’m pulling for you dude! I dread moving this fall and I haven’t done that in 17 years.
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Originally posted by Drama Queen View Post
Yep.
I don’t know about first time buyers, but banks want 20% down.
Also, if buyer offers to cover the difference in appraisal, that will helps them.
Edited to add: 3I's scenario above is the reason FHA loans are the first ones ruled out.Last edited by The Duck; 03-04-2021, 08:23 PM.
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Originally posted by Drama Queen View Post
Interesting take. Didn’t realize investors are cashing in like this. Didn’t know about the proposal for first time investors out there as well.
Be careful. If you aren’t in it for the long haul (AZ is not your thing). then you might want to consider renting in an apartment where the rug doesn’t get pulled from under you.
I know of a California buyer buying off the internet sight unseen here in FL. The northeast and California are part of the driving forces here as well
I'll suck it up if we can find something. I can't imagine apartment living again, with four kids and two dogs, but there's at least the possibility that's where this nightmare is headed.
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Originally posted by 3rd & Inches View PostI couldn’t imagine being a young first time home buyer right now with no available equity. So this is the new math I’m witnessing:
-house is being priced at 300k
- offers flood in
- seller accepts 365k offer
- house appraises for 305k
- buyer better have 60k on hand if they want that house
-delay in closing, house back on market
* I didn’t take the highest offer on my home, I wanted a quick closing.
I don’t know about first time buyers, but banks want 20% down.
Also, if buyer offers to cover the difference in appraisal, that will helps them.
Leave a comment:
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I couldn’t imagine being a young first time home buyer right now with no available equity. So this is the new math I’m witnessing:
-house is being priced at 300k
- offers flood in
- seller accepts 365k offer
- house appraises for 305k
- buyer better have 60k on hand if they want that house
-delay in closing, house back on market
* I didn’t take the highest offer on my home, I wanted a quick closing.
Leave a comment:
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