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  1. readytopurchase_IHB

    Mark Hanson doesn't think we're out of the woods yet

    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!
  2. readytopurchase_IHB

    How's this for justice?

    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...
  3. readytopurchase_IHB

    Water Shut Off Valve

    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...
  4. readytopurchase_IHB

    What is the intention of investors?

    What is the intention of investors? I've been up again several on different homes for bids, and they come with all cash offers. This is a legitimate question. Do they plan to rent it out and wait until years from now to try and sell? Or are they hoping something happens short term for a quick...
  5. readytopurchase_IHB

    What are investors with all cash doing?

    Okay, I understand the all cash investors are trying to put there money someplace where it'll work for them - the stock market is iffy, etc. But my question is, are they going to squat on a vacant property for years to come, hoping for profit down the line? Rent it out in the mean time and...
  6. readytopurchase_IHB

    Buy and Bail - FHA Equity

    So I'm just learning about this buy and bail occurrence, with people purchasing a new home (at a lower price than their peak purchase), then walking away from what should've been a rental. FHA is requiring 25% equity in a rental to obtain a new home loan and conventional is at 30%. What the...
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