Please help! Should I buy this house in Santa Clara

[thinkcali]

I never blieve free lunch, or too good to be true. What's the catch?

[Jakeduvall]

Originally Posted by thinkcali

I never blieve free lunch, or too good to be true. What's the catch?

When an agent represents a buyer in California, the buyer does not pay the agent a fee. I collect a fee from the seller at closing. So you pay nothing. The only difference is the listing agent splits their commission with me. Call me if you need representation.
jakeduvall.com

[Manmountain]

Move now or rent,

Wait another 3 years to move back to own in Calif. by then the RE prices will be down another 40% ( and know RE prices arent coming back) and you can buy right in Placerville , Auburn, Sonora , or anywhere in the Motherlode area.



THERES NO MORE MONEY TO BORROW???? OR LENDERS!!!!

California will crash so hard it will astound anyone. Anyone holding onto any home is crazy... and for the ones holding any mortgage will get burried-- CALIFORNIA is not sustainable anymore--, The Retirees are leaving -- lower wage earners cannot pick up the slack.

How many more billion$ can the State bond out and borrow? You dont have a conundrum whether to leave but where to leave too. Good Luck and get off the Tiitanic before you lose it All......

Where to go? Focus on your employeement strengths, find that market, family, weather, practicality. But sell fast and rent NOW ,,,,
THE BUBBLE HAS BURST!!!!!!!!!

[LexusNexus]

Originally Posted by Manmountain

Move now or rent,

Wait another 3 years to move back to own in Calif. by then the RE prices will be down another 40% ( and know RE prices arent coming back) and you can buy right in Placerville , Auburn, Sonora , or anywhere in the Motherlode area.



THERES NO MORE MONEY TO BORROW???? OR LENDERS!!!!

California will crash so hard it will astound anyone. Anyone holding onto any home is crazy... and for the ones holding any mortgage will get burried-- CALIFORNIA is not sustainable anymore--, The Retirees are leaving -- lower wage earners cannot pick up the slack.

How many more billion$ can the State bond out and borrow? You dont have a conundrum whether to leave but where to leave too. Good Luck and get off the Tiitanic before you lose it All......

Where to go? Focus on your employeement strengths, find that market, family, weather, practicality. But sell fast and rent NOW ,,,,
THE BUBBLE HAS BURST!!!!!!!!!

I respectfully disagree. No State that is this beautiful is going to tank. The areas of the State that are in demand will continue to be so. For every retiree who is leaving, there is a highly skilled person who can afford to take their place. CA has always attracted skilled people to particular areas.

Those who suffer are those who can't afford to live here in the first place. I'm talking about people who don't have the skills are more importantly the education. Lack of academic achievement means they're not qualified for jobs here. Certain areas will suffer because many of the residents in those areas are hanging by a thread, dependent on some volatile index to determine what their next mortgage payment is going to be next month.

I say there is too much juice here for such a dire prediction, one that has been repeated many times before.

I say if you can buy, do so in the best location you can afford and prepare for post-Bush America. Bush has NOT been a friend of the State of CA since he's been in office.

[sonarrat]

Originally Posted by RomanInSF

I respectfully disagree. No State that is this beautiful is going to tank. The areas of the State that are in demand will continue to be so. For every retiree who is leaving, there is a highly skilled person who can afford to take their place. CA has always attracted skilled people to particular areas.

Those who suffer are those who can't afford to live here in the first place. I'm talking about people who don't have the skills are more importantly the education. Lack of academic achievement means they're not qualified for jobs here. Certain areas will suffer because many of the residents in those areas are hanging by a thread, dependent on some volatile index to determine what their next mortgage payment is going to be next month.

I say there is too much juice here for such a dire prediction, one that has been repeated many times before.

I say if you can buy, do so in the best location you can afford and prepare for post-Bush America. Bush has NOT been a friend of the State of CA since he's been in office.

That's a good one. I'm convinced that people will continue lining up to buy those $400,000 condos in South San Francisco and Daly City now!