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We just spent $35k over the weekend in San Diego.
Patrick, I edited at 102. Is that better? I feel handcuffed. Wookieman is hurting my feelings. :)
Don't make the mistake of integrating "new technology" in your home. Can't even buy parts to replace it.
GNL says
Patrick, I edited at 102. Is that better? I feel handcuffed. Wookieman is hurting my feelings. :)
GNL it's still pretty personal, but OK.
We took photos of a home years ago that had a very Asian influence. The center of the home opened above and the walls slid open as well. A large garden space was the focus. You could actually bring the outside in. Not my cup of tea. It was actually a rental for many years. I assume because it was too unique? I forget how the roof worked.
Government...don't get me started. As for intelligence, creativity, common sense etc, I wish I had the perfect mix of each. EE easy? I was a computer programmer for a few years. One day I woke up and said I ain't doing this for the next 30 years. One of my better decisions. I love being around people.
People honestly have no appreciation for the power they have, the access to information they have.
The critical factor is being able to understand and learn (via listening, watching, or reading) the information.
Plus even if the masses have the aptitude, they need the attention span and motivation to learn and apply the information.
We can put all the tools out there, but that does not mean they can be effectively used.
GNL says
Patrick, I edited at 102. Is that better? I feel handcuffed. Wookieman is hurting my feelings. :)
GNL it's still pretty personal, but OK.
seriously wtf with this snobbish shit of house size. none of that matters before god.
You either play the game or complain about the game
about the MLS or
I just confirmed with 3 of my agents that total square footage is adjustable on our MLS.
Both of my mother inlaws
GNL says
I just confirmed with 3 of my agents that total square footage is adjustable on our MLS.
I noticed that Zillow listings in Virginia do include total finished sqft, to include below grade finished area.
GNL says
Both of my mother inlaws
You have 2 mothers-in-law? That circumstance is a comedian's dream. And speaking of big homes falling apart, a friend of mine made a living repairing rot damage to 2-year-old homes in an upscale neighborhood. This neighborhood had lots of equity locusts from NY and CT, as indicated by the signs the builder put up in front of each home as it was being built. Apparently, these homes were built faster than the county inspector could look at them since many of the homes my friend repaired were missing code items like flashing. He replaced plenty of doors and windows that were rotted down through the 2x6 framing.
Yep, my wife's parents divorced when she was 9 and her father got remarried. Get this, she's closer to her step mother than her own mother.
GNL says
Yep, my wife's parents divorced when she was 9 and her father got remarried. Get this, she's closer to her step mother than her own mother.
Good to see a relationship work out.
I don’t know the practice elsewhere, but to be considered “living space” and included in the house square footage, the basement must have egress (minimum door and window sizes, or a ladder if there’s no 2nd door for the attic unit) for fire escape.
Basement, finished or unfinished, can be mentioned in the ad, but shouldn’t be included in the living square footage if it doesn’t meet the “living space” requirements. Otherwise, one is open his/herself up for liability. This is my understanding for CA real estate.
Wookieman,
The practice is different for different markets. I know agents/brokers didn’t use professional photographers for short sales, REOs and lower end housing.
For MY market, most people hire professional photographers for also professional stagers for their listings. For my flips, both are a must. Professional photographer costs $300-$400 including “twightlight shots”. Staging costs anywhere between $2.5-$5k depending on the size of the house. We also pay for all inspections upfront including house, termites and roof. This helps buyers putting in offers without contingencies.
Eman says
I don’t know the practice elsewhere, but to be considered “living space” and included in the house square footage, the basement must have egress (minimum door and window sizes, or a ladder if there’s no 2nd door for the attic unit) for fire escape.
Basement, finished or unfinished, can be mentioned in the ad, but shouldn’t be included in the living square footage if it doesn’t meet the “living space” requirements. Otherwise, one is open his/herself up for liability. This is my understanding for CA real estate.
In our area, egress is for bedroom legality. But, I got to tell you, this is a grey area also depending on grandfather clauses and county and/or city ordinance.
Eman says
Wookieman,
The practice is different for different markets. I know agents/brokers didn’t use professional photographers for short sales, REOs and lower end housing.
For MY market, most people hire professional photographers for also professional stagers for their listings. For my flips, both are a must. Professional photographer costs $300-$400 including “twightlight shots”. Staging costs anywhere between $2.5-$5k depending on the size of the house. We also pay for all inspections upfront including house, termites and roof. This helps buyers putting in offers without contingencies.
We did a 10,000 square foot house today. Floor plan, photos and 3D. Total hours onsite = 2.5 hours. Cost = slightly over $1,000. Of course, there are some expenses.
GNL,
Your comment on Wookie’s wife making $300k/year reminded me of this:
How do you define a successful woman? A woman who makes more money than her husband can spend.
How do you define a successful man? A man who finds such woman. Wookie is a successful man by this definition. 🤣
I don’t have any issues with my wife making a lot more money than me. In fact, I would be proud to have a wife who makes more money than me. There’s no shame to it. Interestingly, the way I phrase it when I talked to other people at real estate meetups always got them to think I married a rich wife. It’s all good.
I know agents/brokers didn’t use professional photographers for short sales, REOs and lower end housing.
Eman says
I know agents/brokers didn’t use professional photographers for short sales, REOs and lower end housing.
I think this is a mistake. We do lots of rundown listings, REOs and even some foreclosures. I've seen them all. One of my closing lines to Realtors is..."If you aren't online, you're invisible." Think about it, who do you want to purchase these homes? Flippers and Jane and John fixer uppers. They are the ones who will most likely pay the most. But they've got to see it. Floor plans help in these types of sales also. As always, these are my opinions.
It seems like floor plans are something standard for your market. Floor plans on listings are not common in our market unless it’s new construction
He is a braggert (I'm not trying to stir the pot all over again here) and some things just do not add up to me about the things he says. Who cares really. I just decided to call him out.
There's already a recession: Biden's Economic Council suddenly changed the definition
Okay 1st and 2nd quarters of 2022 had negative GDP growth, but GDP has recovered after that.
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Some mainstream economist crunched the figures and came up with a $620 billion dollar hit to the banks balance sheets if these were marked to market. That is if they needed to be sold.
We haven't even gotten to the fun part yet. That's when borrowers start to not pay back their loans because they ran out of money they could borrow on their credit lines. Credit spreads are widening especially for junk bonds. They are now over a 5% spread to treasuries. That means companies are borrowing at about a rate of 8-9%. Companies trying to roll-over their outstanding debt are gonna find that they just can't pencil in anything except for losses at these new rates. Credit is simply going to dry up for a large swath of corporations.
Good luck to all with your investments.
https://www.axios.com/2023/03/21/high-yield-bond-spreads-show-increasing-recession-jitters