Realtor and the sad story about one of her buyers

By jvolstad   follow   Sat, 24 Mar 2012, 7:04am PDT   ↑ Like   ↓ Dislike   1,738 views   9 comments   Watch (0)   Share   Quote  

http://www.zillow.com/homedetails/18335-Branson-Fls-San-Antonio-TX-78255/89611478_zpid/

The story behind this property was that it was a young couple that had ordered this new house built. For some reason however, they were unable to secure financing when the time came to close, so now it's on the market.

The sad (?) story the agent gave me was that this couple had even written their names on the back patio as the builder was pouring the concrete. Lady Realtard even showed me the names.

Janie and Dennis 2-14-08 (married)

I told the Realtor that this should not be a sad story, but a happy story. This couple now realizes they are in debt over their heads and that if the bank had approved the mortgage, more then likely they would have lost the house to foreclosure within a year.

Renting is cheaper and will help them get out of debt.

Realtard was not amused by what I was saying. She said that "You are a funny guy".

I may be funny, but am debt free!!!

BTW, her Realtormobile was a new Land Rover SUV. That must have cost a pretty penny.

#housing

Comments 1-9 of 9     Last »

xenogear3   befriend (0)   ignore (0)   Sat, 24 Mar 2012, 7:57am PDT   Like   Dislike     Share   Quote   Comment 1

$335,000 for a 2,568 sq ft house
What is the problem here?

thomas.wong1986   befriend (0)   ignore (4)   Sat, 24 Mar 2012, 11:19am PDT   Like   Dislike     Share   Quote   Comment 2

xenogear3 says

$335,000 for a 2,568 sq ft house
What is the problem here?

It should be under $250K

xenogear3   befriend (0)   ignore (0)   Sat, 24 Mar 2012, 12:43pm PDT   Like   Dislike     Share   Quote   Comment 3

If I buy the land and build a brand new house NOW, how much does it cost? 250k or 335k

How much did this young couple spend to build it?

Back in 2004, it is cheaper to build than buy an old one.

thomas.wong1986   befriend (0)   ignore (4)   Sat, 24 Mar 2012, 1:01pm PDT   Like   Dislike     Share   Quote   Comment 4

xenogear3 says

If I buy the land and build a brand new house NOW, how much does it cost? 250k or 335k
How much did this young couple spend to build it?
Back in 2004, it is cheaper to build than buy an old one.

http://www.zillow.com/homedetails/8250-Cruiseship-Bay-UNIT-902-San-Antonio-TX-78255/102528795_zpid/

3500 sq ft home for $350K .. sure..

http://www.zillow.com/homedetails/18023-Maui-Sands-San-Antonio-TX-78255/83987499_zpid/

joshuatrio   befriend (0)   ignore (1)   Sat, 24 Mar 2012, 1:17pm PDT   Like   Dislike     Share   Quote   Comment 5

xenogear3 says

$335,000 for a 2,568 sq ft house

What is the problem here?

It's a lot for Texas - especially San Antonio.

Not sure what property tax is in San Antonio, but in Fort Worth it was 1/3 of my monthly mortgage payment. Ridiculous.

xenogear3   befriend (0)   ignore (0)   Sat, 24 Mar 2012, 1:25pm PDT   Like   Dislike     Share   Quote   Comment 6

Shouldn't oil boom make the house price skyrocketing in TX?

jvolstad   befriend (4)   ignore (3)   Sat, 24 Mar 2012, 1:28pm PDT   Like   Dislike     Share   Quote   Comment 7

joshuatrio says

Not sure what property tax is in San Antonio, but in Fort Worth it was 1/3 of my monthly mortgage payment. Ridiculous.

This is in the northside school district area. Taxes are high. Also, this is a gated area. Add $95 per month for HOA fees.

B.A.C.A.H.   befriend (6)   ignore (5)   Sat, 24 Mar 2012, 4:09pm PDT   Like   Dislike     Share   Quote   Comment 8

Texas.
PBS news hr had a piece a couple of days ago about the wells running dry there. That'd be the water wells. Some crazy number of municipalities are expected to completely run out of water this year.
http://www.pbs.org/newshour/multimedia/texaswater/index.html

But many Texans say that Climate Change is a hoax.

zzyzzx   befriend (10)   ignore (6)   Mon, 26 Mar 2012, 4:40am PDT   Like   Dislike     Share   Quote   Comment 9

thomas.wong1986 says

xenogear3 says

$335,000 for a 2,568 sq ft house
What is the problem here?

It should be under $250K

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