Comments on: Tour a Home - Get a Timeshare?

By: don rogers

don rogers — Mon, 14 Jul 2008 23:15:59 +0000

I am waiting for someone to contact me.

By: don rogers

don rogers — Thu, 10 Jul 2008 07:00:38 +0000

I am interested in touring the place

By: don rogers

don rogers — Thu, 10 Jul 2008 06:59:13 +0000

I will be in the arcadia area august 27th thru sept 1st.
I am interseted in touring the place. Can you offer a free vaction for these days for touring the place and entertaining an offer for the timeshare?
My number is 414-324-8588. My name is Pastor Don Rogers.

By: Arcadia vs South Pasadena - $1MM | Arcadia Housing Blog

Arcadia vs South Pasadena - $1MM | Arcadia Housing Blog — Tue, 01 Jul 2008 13:05:35 +0000

[...] and that the neighbor, 5 feet away, looms over your swimming pool. No wonder the seller is offering free vacations to anyone who tours the [...]

By: TheArcadian

TheArcadian — Sat, 14 Jun 2008 04:52:51 +0000

I wouldn’t. But the alternative is to either lose double that amount or have your credit rating trashed. The longer these sellers hold out, the more they’re paying into a depreciating asset.

Tk, that article on Tanti is great. Although I doubt he’s renting due to to a housing crisis (similar to ours), it goes to show that owning doesn’t always have to be your only option. We will look back one day and laugh at how many people became slaves to their mortgage.

By: T K Eng

T K Eng — Fri, 13 Jun 2008 23:38:57 +0000

The AP just reported today that U.S. foreclosure rates are soaring 48% YOY. These numbers are aweful, considering this is only the begining of the housing crisis as more adj loans are due to reset. Renting is definitely the smart thing to do in times like these. Check out this article about Tulsi Tanti, the Indian billionaire. ($3 Bil.) Guess what, Mr. Tanti and his wife live in a rented apartment in Pune, India-

http://www.spiegel.de/international/business/0,1518,559370,00.html

Despite all the doom and gloom, though, sellers on redfin are still sticking to their astronomical prices. I don’t blame them, who’d want to lose 100K or more on their home?

By: Kaptn Krunch

Kaptn Krunch — Fri, 13 Jun 2008 22:15:00 +0000

First, let me say your site should be required reading before any purchase [and sale for that matter] of real estate. You would think some of this would be common sense?

OK, what kind of imbecile builds a 3,200sf home on a 6,000sf lot? Hello, City of Arcadia, fire your entire planning staff. My 3rd grade daughter designs better than that!

Imagine swimming in your skimpiest bikini enjoying your pool and….what’s that, the teen age boy next door is video taping you. Soon to appear on utube…. ” Knife catching home buyer taking another bath “. Too close for comfort. Might as well get a townhome.

This listing epitomizes what can go wrong and how even SoCA RE can not go up in value. Check the Refin data, property sold in 1990 for 670k then sold again in 2001 for 555k. That’s NOT a typo. The property LOST $115k over an 11yr period. I bet that seller was pissed!

And I am afraid we are going to be looking at the same thing here in SoCA. A period of 10+yrs of no appreciation.