Wed, 16 Jan 2013, 10:09am PST
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Overwhelmingly, these are people using a buyers agent which is kiss of death in bidding war except sometimes they get lucky.
The best way to beat a feed the squirles letter offer from a buyers agent is use the listing agent to double dip- they will pour scorn upon any and all letters and slam your offer to the top o pile.
Wed, 16 Jan 2013, 5:30pm PST
the bubble in Santa Clara hasnt corrected.. yet!
its a funny article... of course spilling the same nonsense...
tech jobs and highly desirable area...
and the same question back to the buyers...
so why didnt we see such behavior in prior decades pre 2000.
Thu, 17 Jan 2013, 4:22am PST
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It is my keen observation that East coast software engineers are more prudent with their money than West coast developers. I don't know one single SW developer that would ever live in a million dollar house, unless they just came from money and had it. But that would mean that weren't depending on a 100-150K salary to make mortgage payments on a 750K-1M spread.
Fri, 18 Jan 2013, 2:22am PST
In scenarios like that I think short sellers usually are waiting for a letter telling them they are getting a financial incentive under the table. No one really cares about the rodents anyway.
Sun, 20 Jan 2013, 9:54am PST
Mt View, Palo Alto, down to Saratoga and Los Gatos..
they are not squirrels.. they are rats.. BIG ones too.
suggest you get a pellet gun with a laser scope.
and not dont feed the neighbors cat.. because its a possum.
Debt Is Slavery