Page 603 of 1076 FirstFirst ... 598 599 600 601 602 603 604 605 606 607 608 ... LastLast
Results 15,051 to 15,075 of 26884
  1. #15051
    Join Date
    Oct 2002
    Location
    my own little world
    Posts
    5,838
    Quote Originally Posted by shirk View Post
    It's finally a buyers market here in Vancouver.

    Nice little starter home here built in 1949 on a 55ft lot.

    https://www.realtor.ca/real-estate/2...enue-vancouver

    All yours for just $9,800,000 cad (that's $8,069,000 for our US friends).
    Zoned for towers? How would you like the little old lady’s house next door to be bought up by a developer when her kids put her in a home, and they proceeded to put up a fucking 18 story tower?? Wtf? Is that real?
    focus.

  2. #15052
    Join Date
    Oct 2002
    Location
    my own little world
    Posts
    5,838
    Quote Originally Posted by Mustonen View Post
    We’ve put in an offer on a house. It feels like it’s a pretty strong offer, but I guess we’ll see. I’ve about rationalized myself to the conclusion that even if this is a bubble, it’s very likely it isn’t mitigating for a couple years which doesn’t work for me, and chances are excellent that prices just plateau rather than actually decline.

    I dunno. Fingers crossed, though.
    And we got the fucking house!

    Should have lowballed.
    focus.

  3. #15053
    Join Date
    Dec 2004
    Location
    Where the sheets have no stains
    Posts
    22,061
    Congrats on your new home and the millstone.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  4. #15054
    Join Date
    Oct 2003
    Location
    9,300ft
    Posts
    21,938
    Quote Originally Posted by Mustonen View Post
    Zoned for towers? How would you like the little old lady’s house next door to be bought up by a developer when her kids put her in a home, and they proceeded to put up a fucking 18 story tower?? Wtf? Is that real?
    Well that is the density preached as the savior gospel by the city-living-for-all-affordable-environmentalists. You should rejoice when an 18 story tower went up next you... and also you should sell you SFH to a developer who will build a tower where your SFH was because anything else is selfish. Do you hate poor people or something? Perhaps, if you are bougie enough you will sell for enough to get the penthouse in the new tower.
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.

  5. #15055
    Join Date
    Jan 2004
    Location
    North Vancouver
    Posts
    6,457
    Yes that house is in a specific area now zoned for towers and major density increase. Part of the Cambie Corridor Plan along the Canada Line. The Canada Line is our North / South transit line that links Vancouver to Richmond / YVR airport. It was semi fast tracked to finish for the 2010 Olympics. I'd have to go dig further to see the history on the Cambie Corridor Plan but it's not new news that there would eventually be towers surrounding the Kid Ed, Langara, Oakridge, Marine transit stops.

  6. #15056
    Join Date
    Mar 2006
    Location
    Beaverton, OR
    Posts
    1,337
    Equitable Laws....putting the Large Equity Firms and Developers on equal footing with the residential home buyer?

    https://katu.com/news/local/oregon-l...ing-home-sales

  7. #15057
    Join Date
    Oct 2002
    Location
    my own little world
    Posts
    5,838
    Quote Originally Posted by sirbumpsalot View Post
    Equitable Laws....putting the Large Equity Firms and Developers on equal footing with the residential home buyer?

    https://katu.com/news/local/oregon-l...ing-home-sales
    I wrote letters on my last two home purchases and I’m certain that it played a significant factor in both. Wooley will tell you that sales is an emotional and irrational business.

    As a seller I’d rather take the offer from the family than the investor.

    There were a couple times during the process that the realtors actively ran interference, and in a situation where I wasn’t equipped to have those discussions they would be serving me well, maybe, but their goal isn’t exactly to keep prices low, so I’m skeptical of more or less anything that they do.
    focus.

  8. #15058
    Join Date
    Oct 2003
    Location
    9,300ft
    Posts
    21,938
    Quote Originally Posted by sirbumpsalot View Post
    Equitable Laws....putting the Large Equity Firms and Developers on equal footing with the residential home buyer?

    https://katu.com/news/local/oregon-l...ing-home-sales
    Letters from the average buyer are RACIST against all cash buyers and corporations!!!!

    Way to go Blackrock for using a deranged application of racialism based equity to actually strike against the economically disadvantage buyer.
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.

  9. #15059
    Join Date
    Mar 2006
    Location
    Beaverton, OR
    Posts
    1,337
    Quote Originally Posted by Summit View Post
    Letters from the average buyer are RACIST against all cash buyers and corporations!!!!

    Way to go Blackrock for using a deranged application of racialism based equity to actually strike against the economically disadvantage buyer.
    I find it odd that the national realtor assoc backs this....every realtor I've used has encouraged me to write a letter.

  10. #15060
    Join Date
    Aug 2020
    Posts
    1,218
    Sellers and selling agents have reportedly become wary of these letters recently for fear of running afoul of discrimination laws and have been stripping them out of the offer package even if the buyer includes them.

  11. #15061
    Join Date
    Oct 2003
    Location
    9,300ft
    Posts
    21,938
    Quote Originally Posted by sirbumpsalot View Post
    I find it odd that the national realtor assoc backs this....every realtor I've used has encouraged me to write a letter.
    A small donation from Blackrock probably changed their minds...
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.

  12. #15062
    Join Date
    Nov 2011
    Location
    Missoula
    Posts
    408
    Quote Originally Posted by Mustonen View Post
    Zoned for towers? How would you like the little old lady’s house next door to be bought up by a developer when her kids put her in a home, and they proceeded to put up a fucking 18 story tower?? Wtf? Is that real?
    It would mean you're living in a winning lottery ticket. Like I have said many times on here, development INCREASES property values. I love my house, but for a sum of cash that means I would never have to work another day in my life... I'd be out. I could easily find a half mil place around here, buy a fucking sprinter and never kiss ass on another TEAMS call as long as I live.

  13. #15063
    Join Date
    Oct 2002
    Location
    my own little world
    Posts
    5,838
    Quote Originally Posted by RoooR View Post
    It would mean you're living in a winning lottery ticket. Like I have said many times on here, development INCREASES property values. I love my house, but for a sum of cash that means I would never have to work another day in my life... I'd be out. I could easily find a half mil place around here, buy a fucking sprinter and never kiss ass on another TEAMS call as long as I live.
    Good point is good.
    focus.

  14. #15064
    Join Date
    Mar 2005
    Location
    Dystopia
    Posts
    21,053
    How do you build 18 stories on 6,000 foot lot?

    #PenisBuildingsMatter

  15. #15065
    Join Date
    Oct 2003
    Location
    slc
    Posts
    17,889
    Quote Originally Posted by RoooR View Post
    It would mean you're living in a winning lottery ticket. Like I have said many times on here, development INCREASES property values. I love my house, but for a sum of cash that means I would never have to work another day in my life... I'd be out. I could easily find a half mil place around here, buy a fucking sprinter and never kiss ass on another TEAMS call as long as I live.
    Yep

  16. #15066
    Join Date
    Jan 2010
    Location
    2 hours from anything
    Posts
    10,732
    Quote Originally Posted by Core Shot View Post
    How do you build 18 stories on 6,000 foot lot?

    #PenisBuildingsMatter
    You have to buy more than 1.

  17. #15067
    Join Date
    Mar 2006
    Location
    Beaverton, OR
    Posts
    1,337
    Quote Originally Posted by neufox47 View Post
    You have to buy more than 1.
    It looked like all the houses around it were $3-4M....wonder why this one was special

  18. #15068
    Join Date
    Jan 2008
    Location
    livin the dream
    Posts
    5,761
    Quote Originally Posted by Core Shot View Post
    How do you build 18 stories on 6,000 foot lot?

    #PenisBuildingsMatter
    https://en.m.wikipedia.org/wiki/111_West_57th_Street

    84 stories on 20k sf...


    Sent from my iPhone using TGR Forums
    Best Skier on the Mountain
    Self-Certified
    1992 - 2012
    Squaw Valley, USA

  19. #15069
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    13,370
    Quote Originally Posted by old_newguy View Post
    Sellers and selling agents have reportedly become wary of these letters recently for fear of running afoul of discrimination laws and have been stripping them out of the offer package even if the buyer includes them.
    Not in this state. Listing agents are legally obligated to bring everything to the sellers. But you're right about the agencies not liking the sob story letters.

    For starters, let's say there are two offers with letters, one from the Joneses, and one from the Singhs. Without any other information race is already in play. Or one of the letters says something about church. Or "my husband is so excited about being able to walk to his new job at Dewey, Cheatham & Howe" implying that their offer is less likely to fall apart. Plus, people just straight up lie.

  20. #15070
    Join Date
    Jan 2005
    Location
    cb, co
    Posts
    5,034
    "Love letters" sound good and all, but they are definitely problematic and I have not advised clients to use them or read them.

    "Our family looks forward to many Christmas mornings spent by the fire". That may sound innocent but that little sentence is problematic. Family status is protected- someone shouldn't pick this buyer because they have a family over someone who is single. And then religion is in the mix, too. This buyer isn't supposed to get the house just because they're Christians who celebrate Christmas, and not atheist/Buddhist/Islamic etc. That's why our legal counsel have advised against them...

  21. #15071
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    13,370
    Quote Originally Posted by Mustonen View Post
    And we got the fucking house!

    Should have lowballed.
    ha ha, congrats!

  22. #15072
    Join Date
    Aug 2020
    Posts
    1,218
    Quote Originally Posted by Ted Striker View Post
    Not in this state. Listing agents are legally obligated to bring everything to the sellers. But you're right about the agencies not liking the sob story letters.

    For starters, let's say there are two offers with letters, one from the Joneses, and one from the Singhs. Without any other information race is already in play. Or one of the letters says something about church. Or "my husband is so excited about being able to walk to his new job at Dewey, Cheatham & Howe" implying that their offer is less likely to fall apart. Plus, people just straight up lie.
    My understanding is that the selling agent will hold off on presenting the letters to the sellers until after they decide on the offer they are going to accept. I’m assuming the sellers have to be in on this arrangement.

    Honestly at this point I don’t understand why they don’t just prequalify buyers and hold an auction instead of this escalating offer game that is going on now.

  23. #15073
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    13,370
    RE: the prequal & auction, I'm not 100% on this, but I have a relative in Australia, and I think that does happen there.

  24. #15074
    Join Date
    Mar 2006
    Posts
    19,810
    Quote Originally Posted by old_newguy View Post
    Honestly at this point I don’t understand why they don’t just prequalify buyers and hold an auction instead of this escalating offer game that is going on now.
    Good idea. Declare multiple offers and open the bidding.

  25. #15075
    Join Date
    Dec 2020
    Location
    Idaho
    Posts
    1,724
    Quote Originally Posted by Mustonen View Post
    Zoned for towers? How would you like the little old lady’s house next door to be bought up by a developer when her kids put her in a home, and they proceeded to put up a fucking 18 story tower?? Wtf? Is that real?

    The round Macy's and a stubborn old lady.

    https://gothamist.com/arts-entertain...-land-to-macys


    Good luck w your new home!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •