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| 11:30 PM | ||
| Users Online Now: 2,109 (Who's On?) | Visitors Today: 2,246,965 | |
| Pageviews Today: 3,122,864 | Threads Today: 735 | Posts Today: 14,768 |
| 11:30 PM | ||
"It's Just Crazy" (Again): 2-Bedroom LA House Sells 40% Above Asking | |
| TheToolMan Offer Upgrade  User ID: 71489331  United States04/30/2017 09:12 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74157500 United States04/30/2017 09:16 AM Report Abusive Post Report Copyright Violation | |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:20 AM Report Abusive Post Report Copyright Violation | I know lots of Indian people on H1B visas with double income are buying 2 or 3 houses in California, Seattle, Oregon, Denver. Quoting: Anonymous Coward 74157500 Yeah, in my area they are buying million dollars homes like a fat kid at a candy store. Who is financing them? "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
| Anonymous Coward User ID: 74157500 United States04/30/2017 09:24 AM Report Abusive Post Report Copyright Violation | I know lots of Indian people on H1B visas with double income are buying 2 or 3 houses in California, Seattle, Oregon, Denver. Quoting: Anonymous Coward 74157500 Yeah, in my area they are buying million dollars homes like a fat kid at a candy store. Who is financing them? They are using their credit cards and left over money to make 30-40% down payment or sometimes above the limit to win the bidding war. It is only going to get worse if we can't stop these dot heads from working in this country. |
| glp-smilies User ID: 72206663 United States04/30/2017 09:26 AM Report Abusive Post Report Copyright Violation | Meanwhile, markets like Denver and Dallas that didn't participate as much in the 2007 mania are now surging to all-time highs, with Dallas prices up 55% over the past 5 years." Quoting: TheToolMan Just got my property tax "assessment". Guess what....they want to raise my house value AGAIN by exactly 10% (to the dollar)...the legal limit they can raise each year. It's a fucking goldmine for the government! I love how the document says my houses value has gone up 40% in the last 4 years and I'm the one that has to go up to the courthouse and prove it's not true. They just get to make up arbitrary numbers and it's me that has to defend something I have never claimed. Last Edited by glp-smilies on 04/30/2017 09:27 AM |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:29 AM Report Abusive Post Report Copyright Violation | Meanwhile, markets like Denver and Dallas that didn't participate as much in the 2007 mania are now surging to all-time highs, with Dallas prices up 55% over the past 5 years." Quoting: TheToolMan Just got my property tax "assessment". Guess what....they want to raise my house value AGAIN by exactly 10% (to the dollar)...the legal limit they can raise each year. It's a fucking goldmine for the government! I love how the document says my houses value has gone up 40% in the last 4 years and I'm the one that has to go up to the courthouse and prove it's not true. They just get to make up arbitrary numbers and it's me that has to defend something I have never claimed. Hummmm,I think that was my amount too... ugh! "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:29 AM Report Abusive Post Report Copyright Violation | My buddy sold his house in April for 50k above asking. (asked 499, sold in 1 week for 549k). This gives the impression that there were several bids as our hot property RE agents on the local TV would make you believe. The truth is, there was ONE SINGLE BID. So you ask – how did this happen? The RE selling agent informed all buying agents that they will only take bids 1 week after the property is listed. Of course if you are the buyer, your agent tells you that you have to come in much higher than the asking price, cause you know – things are going fast! The only bidder came in 50k higher. If he had bid 499k, my buddy would have accepted it because he needed to sell in a hurry. (house is empty with a big mortgage) "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:31 AM Report Abusive Post Report Copyright Violation | |
| Solid Soul User ID: 74743960 United States04/30/2017 09:39 AM Report Abusive Post Report Copyright Violation | We just sold our home. Placed it on the market on a Saturday and had a showing on Sunday. Monday afternoon we had and offer and buy Tuesday we had a signed contract. Our escrow closes in 2 weeks. A good friend of mine had over 200 people in 3 hours come through his home during an open house. He got many offers and ended up selling 27K over asking. Nuts. Last Edited by Solid Soul on 04/30/2017 09:41 AM "Our prime purpose in this life is to help others. And if you can't help them, at least don't hurt them". ~ Dalai Lama |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:40 AM Report Abusive Post Report Copyright Violation | We just sold our home. Placed it on the market on a Saturday and had a showing on Sunday. Monday afternoon we had and offer and buy Tuesday we had a signed contract. Our escrow closes in 2 weeks. Quoting: Solid Soul What are you going to do next? Wait and see or enter the twilight zone? "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
| Solid Soul User ID: 74743960 United States04/30/2017 09:42 AM Report Abusive Post Report Copyright Violation | We just sold our home. Placed it on the market on a Saturday and had a showing on Sunday. Monday afternoon we had and offer and buy Tuesday we had a signed contract. Our escrow closes in 2 weeks. Quoting: Solid Soul What are you going to do next? Wait and see or enter the twilight zone? My wife and I bought land a while back and are going to build in a home. We're going to rent for a year or so while it's being constructed. Last Edited by Solid Soul on 04/30/2017 09:43 AM "Our prime purpose in this life is to help others. And if you can't help them, at least don't hurt them". ~ Dalai Lama |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:44 AM Report Abusive Post Report Copyright Violation | Good idea, costs a little more but you get exactly what you want. We have built our last 3 places. All special to us and unlike the McHappyMeals everywhere else. Have fun. "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
| Anonymous Coward User ID: 73438976 United States04/30/2017 09:45 AM Report Abusive Post Report Copyright Violation | We sold our house in the Boston area last year when we moved to SC. We had 4 offers on the day of the open house. Our realtor listed it the week before and said no showings until the open house. We ended up getting just over 40K more than asking. |
| Weyoun User ID: 22927243 United States04/30/2017 09:45 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74157500 United States04/30/2017 09:46 AM Report Abusive Post Report Copyright Violation | We just sold our home. Placed it on the market on a Saturday and had a showing on Sunday. Monday afternoon we had and offer and buy Tuesday we had a signed contract. Our escrow closes in 2 weeks. Quoting: Solid Soul A good friend of mine had over 200 people in 3 hours come through his home during an open house. He got many offers and ended up selling 27K over asking. Nuts. Where do you live ? I live in Midwest and there is nothing like here you've mentioned in your post. |
| *<3sugar&spice<3* User ID: 74793019 United States04/30/2017 09:46 AM Report Abusive Post Report Copyright Violation | "Live each day like it's your last, love like you've never been hurt, and dance like no one is watching." GO PATS!! :Go Patriots!: |
| Anonymous Coward User ID: 60379968 United States04/30/2017 09:48 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 60379968 United States04/30/2017 09:51 AM Report Abusive Post Report Copyright Violation | We just sold our home. Placed it on the market on a Saturday and had a showing on Sunday. Monday afternoon we had and offer and buy Tuesday we had a signed contract. Our escrow closes in 2 weeks. Quoting: Solid Soul A good friend of mine had over 200 people in 3 hours come through his home during an open house. He got many offers and ended up selling 27K over asking. Nuts. Houses on my street are selling in one day |
| Weyoun User ID: 22927243 United States04/30/2017 09:55 AM Report Abusive Post Report Copyright Violation | I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Last Edited by Weyoun on 04/30/2017 09:55 AM |
| Anonymous Coward User ID: 60379968 United States04/30/2017 09:57 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74157500 United States04/30/2017 09:57 AM Report Abusive Post Report Copyright Violation | |
| Solid Soul User ID: 74743960 United States04/30/2017 09:58 AM Report Abusive Post Report Copyright Violation | We just sold our home. Placed it on the market on a Saturday and had a showing on Sunday. Monday afternoon we had and offer and buy Tuesday we had a signed contract. Our escrow closes in 2 weeks. Quoting: Solid Soul A good friend of mine had over 200 people in 3 hours come through his home during an open house. He got many offers and ended up selling 27K over asking. Nuts. Where do you live ? I live in Midwest and there is nothing like here you've mentioned in your post. I live in the central valley in CA, (nice "Mayberry" type community), very Conservative by CA standards. My buddy lives in Modesto and is moving to Croatia. On a side note: I have seen a lot of Texas license plates lately....I thought Texans hated CA? Last Edited by Solid Soul on 04/30/2017 09:59 AM "Our prime purpose in this life is to help others. And if you can't help them, at least don't hurt them". ~ Dalai Lama |
| Anonymous Coward User ID: 60379968 United States04/30/2017 09:58 AM Report Abusive Post Report Copyright Violation | I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun What was the house price you were trying to buy ? In this economy, I wouldn't spend more than $250k on a 3-4 bedroom house. I like the little cheap houses |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 09:59 AM Report Abusive Post Report Copyright Violation | |
| TheToolMan (OP) User ID: 71489331 United States04/30/2017 10:00 AM Report Abusive Post Report Copyright Violation | I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun What was the house price you were trying to buy ? In this economy, I wouldn't spend more than $250k on a 3-4 bedroom house. Where I live east of Seattle that house is $1 million "My mom said the only reason men are alive is for lawn care and vehicle maintenance." |
| Anonymous Coward User ID: 61793825 United States04/30/2017 10:02 AM Report Abusive Post Report Copyright Violation | 125 homes for sale in my area. All but 30 are under contract. It's not unusual for a home to go under contract within a couple of days after going on the market. |
| Anonymous Coward User ID: 74157500 United States04/30/2017 10:04 AM Report Abusive Post Report Copyright Violation | I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun What was the house price you were trying to buy ? In this economy, I wouldn't spend more than $250k on a 3-4 bedroom house. Where I live east of Seattle that house is $1 million Chinese and Indians are pouring cash to buy homes all over the west coast. Most of the jobs in the west coast are tech jobs and if another recession kicks off this year, the prices will be 50% down and we will see lot of foreclosures. |
| Weyoun User ID: 22927243 United States04/30/2017 10:06 AM Report Abusive Post Report Copyright Violation | I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun That's a bunch a crap There's a lot of BAD realitors I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun What was the house price you were trying to buy ? In this economy, I wouldn't spend more than $250k on a 3-4 bedroom house. I just wanted a cheap one. Cheapest listed around here is $500k. I also went to a loan officer who also said I'm too poor. I have really good > 700 credit score. My apartment rent has increased ~8% a year for past few years. Each time I try to find a cheaper apartment but all even more expensive. My area used to be white but now my neighbors all immigrants. I blame them. |
| Anonymous Coward User ID: 72884621 United States04/30/2017 10:08 AM Report Abusive Post Report Copyright Violation | I have been looking into selling but there's hardly any houses on the market where I want to move too. My house has went up $84k in value since it was new in 2003. Now summer is almost here & there will be even less homes available to buy. They go fast. |
| Anonymous Coward User ID: 74157500 United States04/30/2017 10:10 AM Report Abusive Post Report Copyright Violation | I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun That's a bunch a crap There's a lot of BAD realitors I tried to buy a house last year, with $100k available for down payment and a $70k/yr income and the real estate agent said I'm too poor. Quoting: Weyoun What was the house price you were trying to buy ? In this economy, I wouldn't spend more than $250k on a 3-4 bedroom house. I just wanted a cheap one. Cheapest listed around here is $500k. I also went to a loan officer who also said I'm too poor. I have really good > 700 credit score. My apartment rent has increased ~8% a year for past few years. Each time I try to find a cheaper apartment but all even more expensive. My area used to be white but now my neighbors all immigrants. I blame them. Do you live in the west coast or east coast? If I were you, I would try to live 30-40 miles away from the work place, so I can afford the home. |
| Weyoun User ID: 22927243 United States04/30/2017 10:11 AM Report Abusive Post Report Copyright Violation | |
