RoLar, I saw your site - I'm not impressed. I don't see the countless data to back up your perspective such as those found on IHB, Dr. HB, and Hanson's.
http://mhanson.com/archives/274
It just amazes me that on mainstream media, all we hear is how the housing market has bottomed/corrected itself, and through sites like Mark's, Dr. Housing Bubble, and IHB, we hear the truth - based in facts and figures. Stop lying, NAR!
Yeah, because while we were getting prepared to look for a new home and rent out our current home, we learned about the equity requirement, signed lease in place, etc. to prevent people from walking away from the departing home. So, we'll see...
My wife just got off the phone with her sister. Apparently her husband's sister and her spouse (who live in Central CA) bought a new home at the peak of the market. They are in escrow on a brand new home which is bigger, and the mortgage will be less, walking away from their current residence in...
I live down that way and yes, the area is quite nice. I know of some people who live behind the gates and they love it. The homes are gorgeous. Yes, the power lines are a bit disconcerting - especially with so many concerns recently over electical impulses on our health. Anyway, great area -...
I was thinking that just showing them and documenting it in the lease with pics should suffice. It just means they have to use a screw driver to pry up the water main cover, but it's no big chore. Literally, 2' from where the main valve is inside the garage. Sounds great, guys! I knew you...
When we first got our home the water pressure regulator was bad. In the process of replacing it, the water shut off valve was removed. The main can be shut off just a couple feet away in the access panel in the ground.
My question is, now that we're preparing our home to rent it out...
Just spoke with a neighbor who is a broker. He said that the investors are getting unsecured loans from a bank with about a 15% interest rate (must have stellar credit score), then are able to make the all cash payment on a home and win it. Can anybody confirm? I wonder if this is an option...