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Subject: PB / MB Forum Devoted to Development / Issues / General News

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Author Messages
cubbie1
Posts:56

08/23/2008 3:50 AM Alert 
1121 Felspar did officially close for 620k on Friday 10k off list with no price reductions along the way.
jpinpb
Posts:1476

08/23/2008 9:29 AM Alert 
Hopefully no buyer's remorse by next year.
jpinpb
Posts:1476

10/19/2008 3:15 PM Alert 
Quick check on defaulted/delinquent property taxes. It appears there are taxes due on 1545-1551 Felspar, 5131-5137 Cass and 1015-1021 Sapphire. Not counting what's upcoming in December.
wilson
Posts:569

10/19/2008 4:18 PM Alert 
"Hopefully no buyer's remorse by next year"
Translation: Boy this stupid knifecatcher is going to lose bigtime. I look forward to making fun of them in the future. I can hardly wait.
Joke4Today
Posts:56

10/19/2008 4:55 PM Alert 
[quote]Posted By jpinpb on 08/23/2008 9:29 AM

Hopefully no buyer's remorse by next year.[/quote]

Salivating at the thought of being able to call them a KCF? The colonel's chicken is finger-lickin good! ;)
jpinpb
Posts:1476

10/19/2008 5:11 PM Alert 
If someone is foolish enough to buy overpriced properties w/the way the market is, then IMO they are taking a risk w/their money.

On thread 4878 Mission thought they were getting a deal at 7% off 2004 price for 750k. I did not think that was a wise purchase.

803 Wilbur on the corner of Mission, 2 blocks away from 4878 Mission just sold for 595k.

If people want to continue to gamble w/their money, then Tusser's rule applies. I'm not going to be in denial about what is happening in the market. Posting on this board will alert others and perhaps someone more conservative would not want to risk losing 155k in 7 months. I do not advocate not buying, just exercise care and caution and be prudent. Deals are out there. Study the area you want to purchase in. I consider those who gamble are fools and shall be parted from their money. My bad for calling them such, but appropriate nontheless.
jpinpb
Posts:1476

10/19/2008 5:15 PM Alert 
Link to thread Monster price drop

4878 Mission

Maybe others think that losing 155k in 7 months is no big deal.
Joke4Today
Posts:56

10/19/2008 5:56 PM Alert 
IMHO some people will continue to buy because the property meets their needs in other tangible ways, regardless of today's market. Money is not everyone's bottom line when making a real estate purchase. {gasp!} Until some people get that, they will continue to resort to name-calling and insulting remarks toward's today's buyers and sellers. Not everyone shares your views or your values, and most certainly not your judgement calls. Save those comments for the loved ones in your life that can't or won't live up to your expectations.
jpinpb
Posts:1476

10/19/2008 6:10 PM Alert 
Ah, Joke. You are living up to your name. Yes, you are right. Wrongly, I expect people to have a sense of value for their hard-earned money, but as I said, maybe some people don't mind losing 155k in 7 months. Kudos for them, then. I am sure that some people do not share my views or values. If more did, we wouldn't be in these economically challenging times requiring government intervention. Lack of adequate judgment certainly played a hand in our housing bubble. Thank you for mentioning that.
NCgirl
Posts:208

10/19/2008 6:28 PM Alert 
It's not just jokes opinion..it is absolutely true. People continue to buy homes because they want a home. Some of you just spin out on this issue. It's kind of amusing.
Joke4Today
Posts:56

10/19/2008 6:37 PM Alert 
You might want to check your glasses, honey ;) Where in my post did I say that the people buying today are taking out the silly no-doc loans with little or no downpayment that was but ONE component that led to the credit crisis? In case you haven't noticed, those loans are not even available today. Don't muddy the waters. Lets focus here on your expectations of today's buyers and sellers and your snarky remarks towards them. You'd have much better success posting the facts, rather than becoming the subject of the post itself.
jpinpb
Posts:1476

10/19/2008 6:40 PM Alert 
Where in my post did I say no-doc loans with little or no downpayment? Hmmm. I didn't say that either, did I? Maybe you are the one in need of vision checking.
Joke4Today
Posts:56

10/19/2008 7:23 PM Alert 
Holy cow, I do need new glasses! These old ones somehow read between the lines. I will make an appointment with the optometrist tomorrow. ;) Now back to my point about buyers and sellers today apparently not living up to your expectations. Buyers have a whole new set of (old) rules before they can qualify for a mortgage today. Sellers have varied reasons why they are selling and asking a certain price. Who are you to say that they are fools (KCF) for living their life the way that they choose?
jpinpb
Posts:1476

10/19/2008 7:36 PM Alert 
Who am I to say they are foolish? Just someone w/an opinion living in a free country that allows me to state that. IMO, someone who loses 155k in 7 months earns the title of being foolish. Of course, maybe you have so much money that losing 155k has no value. Certainly you can disagree. I did not even suggest anything between the lines, so perhaps you shouldn't attempt to read something that isn't there.
Joke4Today
Posts:56

10/19/2008 8:07 PM Alert 
You are correct, our great country gives you the right to call anyone a fool, for whatever reason, right or wrong. This same right allows me to say that your posts will always appear to be bitter and judgmental whenever you run across a buyer/seller who does not live up to your expectations.
jpinpb
Posts:1476

10/19/2008 8:15 PM Alert 
I already agreed w/you on that. My wrong for expecting people to have a sense of value for their hard-earned money. You can certainly opine that my posts are bitter. Most of my posts indicate listings of properties, sales, reductions, relistings, NODs, foreclosure dates, news articles regarding economy and an occasional comment when someone purchases something that I think will be a loss. If that is considered bitter, then I resemble that comment. I certainly don't feel bitter. But I am upset about having to bail people out of their stupidity w/my tax dollars, so I guess you would be correct in that respect.
Waiting
Posts:38

10/19/2008 11:14 PM Alert 
In general, the buyers today did not cause the problems of yesterday. If they are willing and able to shell out the mortgage payments every month for a piece of their American dream, then good for them. I don't see them as fools. I see them as part of the solution. The economy needs to get back to doing business.
jpinpb
Posts:1476

10/24/2008 9:19 AM Alert 
1163 OliverStatus: Not Active Price: $1,129,000
1165 Oliver Status: Not Active Price: $1,149,000
jpinpb
Posts:1476

10/24/2008 12:29 PM Alert 
Both 1163 and 1165 Oliver relisted for $1,099,000.
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