08-16-2017, 12:13 PM | #391 | |
Zilvia Junkie
|
Quote:
|
|
Sponsored Links |
08-16-2017, 01:44 PM | #392 |
Zilvia Junkie
Join Date: Jan 2013
Location: Indianapolis, IN
Age: 29
Posts: 508
Trader Rating: (7)
Feedback Score: 7 reviews
|
So glad I read this thread, very interesting.
Was wanting/planning on moving to Socal next year once I get my degree since I saw more job opportunities there and love the car scene. Was planning on renting a apartment and saving up for 3 years to own a home. I don't know now. Can easily buy a house now where I live haha. |
08-16-2017, 10:17 PM | #393 |
Zilvia Addict
|
|
08-16-2017, 11:14 PM | #394 | |
Zilvia FREAK!
Join Date: Oct 2005
Location: Banning, CA
Posts: 1,428
Trader Rating: (11)
Feedback Score: 11 reviews
|
Quote:
__________________
1989 240sx XE|2002 Frontier SC CC LB 4wd|2011 Pathfinder LE V8 4wd |
|
08-17-2017, 09:20 AM | #395 | |
Zilvia Addict
|
Quote:
I think I have to wait six months or so from purchase & I've already met that. |
|
08-17-2017, 09:34 AM | #396 |
Zilvia Junkie
|
|
08-17-2017, 11:03 AM | #397 | |
Post Whore!
Join Date: Mar 2008
Location: San Diego, CA
Posts: 4,203
Trader Rating: (27)
Feedback Score: 27 reviews
|
Quote:
Sent from my SM-G935T using Tapatalk |
|
08-17-2017, 11:25 AM | #398 | |
Post Whore!
|
Quote:
$600 sounds like just the "title transfer" fee |
|
08-17-2017, 11:39 AM | #399 | |
Zilvia Junkie
|
Quote:
- Lender fees/broker fees - 3rd party fees (title insurance, escrow, notary, recording) - Points (optional to buy the rate down) The $600 flat fee is probably the lender or brokers' fee. The 3rd party fees will be additional |
|
08-17-2017, 11:51 AM | #400 | |
Post Whore!
|
Quote:
gbabay: $600 gets your name on the list at the club. If you want to get to the bar to buy a drink and enjoy the crowd, that will be a few more thousands. I would ask your broker for a full breakdown of the "fees" involved in refinancing. |
|
11-28-2017, 05:44 PM | #405 |
Zilvia Junkie
Join Date: Oct 2007
Location: Los Angeles
Age: 38
Posts: 503
Trader Rating: (-1)
Feedback Score: -1 reviews
|
You want a house near LA? Be prepared to go up against Chinese cash buyers. If you need a L then you'll always be at the end of the line, window shopping.
|
11-28-2017, 06:16 PM | #406 |
Post Whore!
Join Date: Apr 2003
Location: Socal (323)
Age: 38
Posts: 3,500
Trader Rating: (14)
Feedback Score: 14 reviews
|
That's actually what I'm experiencing right now. Sellers obviously want the "cleanest" transaction. Our offer always gets outbid even if the winning cash offer was the same amount. I'm shopping between Pasadena and Covina, so them Chineses are scoopin them up from us!
__________________
Pignose, biaaatch. |
11-28-2017, 07:57 PM | #407 |
aWingThing.com
Join Date: Mar 2003
Location: Milwaukee, WI
Age: 44
Posts: 20,900
Trader Rating: (1)
Feedback Score: 1 reviews
|
Wow that's crazy. Wonder if that's going to happen here with this Foxconn plant going up soon.
Update on my place. Remodeling the bathroom upstairs and finishing off the whole basement and the house will be 100% new inside...annnnnnd we're going to sell in spring. The market is too hot. Got a conservative CMA and we should GET $450 for the house. We only owe $260. Not bad for a 3 year investment. Looking at something in the $600-$700 range now.
__________________
What I do for a living...www.mhrussell.com |
11-29-2017, 07:38 AM | #408 |
Post Whore!
|
You want a house in Dallas or Austin? Be prepared to go up against California cash buyers. If you need a L then you'll always be at the end of the line, window shopping.
__________________
"Simplicity is the key to brilliance." - Bruce Lee |
11-29-2017, 11:12 AM | #409 | |
Post Whore!
Join Date: Mar 2008
Location: San Diego, CA
Posts: 4,203
Trader Rating: (27)
Feedback Score: 27 reviews
|
Quote:
Sent from my SM-G935T using Tapatalk |
|
06-07-2018, 04:53 AM | #410 |
Post Whore!
Join Date: Nov 2005
Location: Nowhere
Age: 34
Posts: 3,285
Trader Rating: (9)
Feedback Score: 9 reviews
|
Came REALLY close to getting the ball rolling on buying a townhome in a newly developed area here in San Diego until I realized that HOA and MeloRoos adds about $1k to the mortgage.
So much for that.
__________________
http://www.nissanroadracing.com/ |
06-07-2018, 05:50 AM | #411 | |
aWingThing.com
Join Date: Mar 2003
Location: Milwaukee, WI
Age: 44
Posts: 20,900
Trader Rating: (1)
Feedback Score: 1 reviews
|
Quote:
Update on our crib. We’ve been on the fence about selling and buying or doing and even more extensive remodel at our current home. It’s tempting to want to sell with the equity we have in the home (owe $280 and value is around $425-$450, probably closer to the latter) but that puts us in the position of having to buy a $600-$800 house to get something better than our house. Plus NONE of the homes over $600 have an 1.25 acre lot. They’re all on little half acre or less lots. So looks like the big remodel is going to happen. Commissioned Ann architect And he comes back tomorrow with initial drawings. We went through the full loan approval process and have a budget of $300k for the remodel. Makes me nervous but house should be a solid $700k when we’re done. Stay tuned.
__________________
What I do for a living...www.mhrussell.com |
|
06-07-2018, 08:17 AM | #413 |
I won out over a multi-offer when I was trying to buy my current house. The seller eventually said that while our offer was lower, she picked me because of the letter I wrote her depicting why I wanted the house and what it would mean to me as it was my first house and blah blah blah. I also was extremely responsive to all of her questions, schedule, and other misc needs. I think the lesson here is that there is a human being selling the house, connect with them in a way that the way that the money is acquired doesn't matter as much. This was someone else's home, they have memories with it and have likely developed a bond with it and they likely want it left in good hands, just like any of our cars. Also, get pre-approved for a loan before making any offers, because then its essentially no different that having cash.
__________________
My Simple S14 Build |
|
06-07-2018, 10:24 AM | #414 | |
aWingThing.com
Join Date: Mar 2003
Location: Milwaukee, WI
Age: 44
Posts: 20,900
Trader Rating: (1)
Feedback Score: 1 reviews
|
Quote:
Also, this is a long term decision for us. IF we do this we’re staying out for 20 years until the kids get out of school. So really it doesn’t matter. By that time the house will probably be closer to a million. And I agree, there will be a correction (I don’t expect a full crash like in 08) in the market within the next 5 years. I think we’ll be in good shape though even if it does.
__________________
What I do for a living...www.mhrussell.com |
|
06-07-2018, 01:16 PM | #415 | |
Zilvia Addict
Join Date: Jul 2008
Location: Canada
Age: 37
Posts: 721
Trader Rating: (0)
Feedback Score: 0 reviews
|
Quote:
They started demo the other week, its been a scary process. As you can tell from the pictures. our neighbors did the same thing and rebuilt their place. Best of luck with your project. -Jordie
__________________
-Jordie Lewis '93 Skyline Type M |
|
06-07-2018, 01:31 PM | #416 | |
Post Whore!
|
Quote:
That's how we got our first house! There were no fewer than 8 bids. We were close to the top, but the letter from my wife and I is what bowled them over It's the details that count |
|
06-07-2018, 03:09 PM | #417 | |
Post Whore!
Join Date: Apr 2003
Location: Socal (323)
Age: 38
Posts: 3,500
Trader Rating: (14)
Feedback Score: 14 reviews
|
Quote:
Speaking of garage. Is there another thread here for home improvements? Or is this pretty much it?
__________________
Pignose, biaaatch. |
|
06-07-2018, 03:31 PM | #418 |
Post Whore!
|
Visit Garage Journal. I promise you, you think cars are a money pits!?! It pales in comparison to house reno options!! From rock soil type color for your garden, to driveway cement color,to size, shape or light output of light bulbs,to how large and what covers for recessed lights, to how many elements you want for your heated floors (and which switch to turn it on), I mean, any ggot damn thing you can think of, you can do to a house. Its effing unreal!
The only shitty part is; our house value went up tremendously BEFORE any reno even began, so now we are on the hook for the taxes based off home value (NOT what we payed due to pay taxes for property.........also know as property tax) Apart from slight nuances like this, I wouldn't change it for the world! Garage, driveway to fit two cars in a major metropolitan area which we can walk to most places. Literally found a needle in the haystack of row houses, condos and apartments. |
06-07-2018, 03:38 PM | #419 | |
aWingThing.com
Join Date: Mar 2003
Location: Milwaukee, WI
Age: 44
Posts: 20,900
Trader Rating: (1)
Feedback Score: 1 reviews
|
Quote:
Edit: nope. We should change the name of the thread. Let me send a message and see if anyone will do it. Edit Edit: thanks mr mod.
__________________
What I do for a living...www.mhrussell.com Last edited by exitspeed; 06-08-2018 at 05:55 AM.. |
|
06-08-2018, 10:10 AM | #420 |
Post Whore!
Join Date: Nov 2005
Location: Nowhere
Age: 34
Posts: 3,285
Trader Rating: (9)
Feedback Score: 9 reviews
|
Youre telling me. My Fiancee and I were bummed once we crunched the numbers and realized it. We probably woudlve been able to make it work but it wouldve been tight. $3100/month for a townhome seems outrageous. California is extremely unobtainable for the middle class. Im 2 months away from turning 29 and I cant even move out of my parents house. The idea of leaving the state is becoming more and more of a reality. Im just glad that if me and the fiancee do stick around and tough it out for 1 more year that the new governor coming in is going to work towards putting a stop to all of this madness. You know things are bad when a tech giant like Apple is slowly starting to grow and move its development out of California to the PNW.
__________________
http://www.nissanroadracing.com/ |
Bookmarks |
|
|