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-   -   Home and Auto Family can't move into house they bought (https://chiefsplanet.com/BB/showthread.php?t=337589)

htismaqe 03-23-2021 10:42 PM

Quote:

Originally Posted by dmahurin (Post 15599912)
I got really lucky recently. Got my pre-approval letter on a Thursday. Looked at 2 houses on Saturday, 2 on Sunday, made on offer on the second one for 5k over asking, it was accepted within 2 hours. Everything is good to go and I close on april 15th. It went surprisingly smooth and easy with all the horror stories of the market right now.

Are you buying in the same market in which you live now?

cooper barrett 03-23-2021 11:37 PM

Have you been to a full service building center recently? Can’t buy shit. Can’t manufacture it no employees to make them.

dmahurin 03-24-2021 06:38 PM

Quote:

Originally Posted by htismaqe (Post 15600677)
Are you buying in the same market in which you live now?

I am. I was able to see homes. I wasn't the first viewer of the one I bought but I was the first offer. Kind of a perfect storm. They were 'desperate' to sell so they could move on to their new purchase. My realtor and their realtor work in the same office, so had an inside track on ease of discussion and a good working relationship between our respective realtors.

TLO 03-24-2021 06:42 PM

https://www.nbc4i.com/wp-content/upl...368_ver1.0.jpg

Chief Pagan 03-24-2021 09:28 PM

Quote:

Originally Posted by DaneMcCloud (Post 15599782)
In most cases, the real estate prices in California (outside of the $2+ million homes) aren't reflective of the quality or size of the home at all. You're paying for the "privilege" of living in California or in simple terms, the land.

My home is worth 2-3 times that of family that lives in Leawood but our home is nowhere near 2-3 times as nice or even "nicer" at all, nor do we have an HOA nor modern conveniences of those that live in that area.

I've never understood why people that don't need to live in California, live in California. There's a freaking surcharge for every aspect of life on top of the highest taxes in the union. And while sure, Disneyland and the beach are great, unless you can afford to live at the beach, it means nothing. The nearest beach is 45 minutes from my home and I'm lucky if I make it down there 4 times a year and many years, that number has been zero.

I guess a lot of it all depends on your particular situation and what you are looking for. So I live in a modest 3 bed/2 bath house that would sell for well north of a half million. Yes, most of that is the lot. That really hit home when I found out my home owners replacement policy only covers ~$150k or so for the house because you don't have to rebuild the lot if everything burns down in a fire.

Sure, I could probably buy something twice as big in KC, but what would I do with that? I'm not sure I need twice as nice either. And I don't want a HOA.

I'm not sure what modern convenience I'm missing.

I live in a pleasant University town and work ten minutes from my office when I'm not working remotely. It has nice parks, nice green belts, nice schools, no crime.

No snow, no ice. Nine months of constant sunshine. The town is surrounded by farmland so I'm at minimal risk of the fires, although it was pretty smoky last fall.

Yes, the cost of living is higher. If I was struggling to raise a family living paycheck to paycheck, I would certainly be looking for some place cheaper.

Before a bad back sidelined me, I spent a huge number of hours rock climbing in Yosemite and other locations in northern California. No McMansion in Leawood/Overland park is going to make up for that, for me. I was also fortunate to have a flexible schedule so I mostly avoided weekend traffic.

And again before I slowed down, I enjoyed that I could drive down to SF in only 90 minutes (if I left in the afternoon), have dinner, have a couple of cocktails, see a live show, and then make it back home in 90 minutes. SF is a really cool place to visit.

Your mileage may vary.

Cntrygal 04-03-2021 06:24 PM

Well... they finally got in. I still think that they should have offered up the house has a temporary meeting place for their local Hells Angels Chapter.

Link

Halfcan 04-03-2021 07:08 PM

Quote:

Originally Posted by dmahurin (Post 15602210)
I am. I was able to see homes. I wasn't the first viewer of the one I bought but I was the first offer. Kind of a perfect storm. They were 'desperate' to sell so they could move on to their new purchase. My realtor and their realtor work in the same office, so had an inside track on ease of discussion and a good working relationship between our respective realtors.

If they were desperate to sell- why did you pay 5 k over list? :hmmm:

Halfcan 04-03-2021 07:13 PM

Quote:

Originally Posted by Cntrygal (Post 15614509)
Well... they finally got in. I still think that they should have offered up the house has a temporary meeting place for their local Hells Angels Chapter.

Link

How is this pos fraudster not in jail?

T-post Tom 04-03-2021 07:13 PM

Quote:

Originally Posted by Cntrygal (Post 15614509)
Well... they finally got in. I still think that they should have offered up the house has a temporary meeting place for their local Hells Angels Chapter.

Link


That house needs to be inspected thoroughly from top to bottom. No telling what the squatters did before they left. Looks like the squatter has a history with the legal system: tax evasion and assault.

tredadda 04-03-2021 07:50 PM

Quote:

Originally Posted by DaneMcCloud (Post 15599782)
In most cases, the real estate prices in California (outside of the $2+ million homes) aren't reflective of the quality or size of the home at all. You're paying for the "privilege" of living in California or in simple terms, the land.

My home is worth 2-3 times that of family that lives in Leawood but our home is nowhere near 2-3 times as nice or even "nicer" at all, nor do we have an HOA nor modern conveniences of those that live in that area.

I've never understood why people that don't need to live in California, live in California. There's a freaking surcharge for every aspect of life on top of the highest taxes in the union. And while sure, Disneyland and the beach are great, unless you can afford to live at the beach, it means nothing. The nearest beach is 45 minutes from my home and I'm lucky if I make it down there 4 times a year and many years, that number has been zero.



There are houses in my neighborhood and others that are going same-day for $100k over asking price. It's insanity right now because investors are looking to take advantage of these super-low interest rates before they disappear.



Cash deals are extremely common in California. I had a friend that was looking recently that lost out on more than a dozen homes that were $1+ million because buyers stepped in with cash.

This is having effects across the country. Those who can't afford to stay in California or are tired of it are cashing out and moving eastward causing housing and cost of living to skyrocket in places like Oregon, Montana, Idaho, and Utah to name a few. I am a part of that Nextdoor app for my area and I swear almost daily someone introduces themselves and mentions how they just moved from California. They aren't moving into smaller, older homes either. They are moving into new ones in new developments that "start" at $500K and up.

cooper barrett 04-04-2021 05:26 AM

I can see them buying nice houses as CA houses sell for alot but the cost of living? Did your gas bill go up because a couple moved from Compton?


Quote:

Originally Posted by tredadda (Post 15614593)
This is having effects across the country. Those who can't afford to stay in California or are tired of it are cashing out and moving eastward causing housing and cost of living to skyrocket in places like Oregon, Montana, Idaho, and Utah to name a few. I am a part of that Nextdoor app for my area and I swear almost daily someone introduces themselves and mentions how they just moved from California. They aren't moving into smaller, older homes either. They are moving into new ones in new developments that "start" at $500K and up.


neech 04-04-2021 06:21 AM

Quote:

Originally Posted by Halfcan (Post 15614560)
If they were desperate to sell- why did you pay 5 k over list? :hmmm:

Because he was desperate.

tredadda 04-04-2021 10:12 AM

Quote:

Originally Posted by cooper barrett (Post 15614811)
I can see them buying nice houses as CA houses sell for alot but the cost of living? Did your gas bill go up because a couple moved from Compton?

Property taxes are a part of it, but overall the cost of goods and services are going up rapidly as the population explodes in the area. This also puts more demand on the existing power grid which forces prices up. Fortunately our utilities are not as high as other places I have lived.

dmahurin 04-04-2021 10:47 AM

Quote:

Originally Posted by Halfcan (Post 15614560)
If they were desperate to sell- why did you pay 5 k over list? :hmmm:

Not necessarily desperate, as I had it in quotes. They were buying another house and needed to sell this one to afford the new one. The market being crazy, we wanted to make sure out offer was accepted and 5k over asking is nothing compared to the 20k+ I have heard about other people paying. The appraisal came back and I still got a good deal even paying slightly over asking.

cooper barrett 04-04-2021 05:08 PM

bullshit, cough, BULLSHIT




Quote:

Originally Posted by tredadda (Post 15614916)
Property taxes are a part of it, but overall the cost of goods and services are going up rapidly as the population explodes in the area. This also puts more demand on the existing power grid which forces prices up. Fortunately our utilities are not as high as other places I have lived.



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