General Californians how do feel about this

[Mr. Wright]

like, i've heard of people passing on a home because they didn't like the paint colors in the bedrooms/bathrooms.

or passing on a house because they didn't like the landscaping in the backyard.

or one of my absolute favorites I've been hearing a lot lately from contractors and RE Agents....

they're getting calls from new home owners asking how much it's going to cost to put walls BACK when the house was converted to an open floor plan.

they see that shit all over HG TV or whatever chip and joanna gaines are hustling and think they want it.

then they actually live in it for a few months and realize with hardwood/tile floors and an open floorplan the house is loud as fuck. double so if you have small kids and pets.

so they looked and looked for an open floor plan house because it was all the rage, in some cases paying more for it.

only to live in it for a few months and fucking hate it.

 

[HARLEM]

part of the problem is a LOT of people do NOT want to put sweat equity into their homes.

they shop and shop and shop looking for the house that is EXACTLY what they think they want.

except they never find it and continue to get priced out of the market.

instead of buying something that hits 50-60% of the goals, they shop endlessly looking for something that fits 95%.

i don't know if it's social media, home flipping shows on cable, etc, but people are fucking stupid when it comes to housing.

My wife and I are looking to buy a house next summer. We've got a short list of what we want in the house, and we're going to buy the first one we find in one of the 3 cities we're looking in. We have a plan that we're going to execute, and that's it.

Yea. We always expect to have something we want done to the house like we did with this home. Split the front room in half with a wall and created an office. Put a back patio in that just got inspected. Can’t wait to dial in the yard and put in the new grill this weekend.

 

[Mr. Wright]

Yea. We always expect to have something we want done to the house like we did with this home. Split the front room in half with a wall and created an office. Put a back patio in that just got inspected. Can’t wait to dial in the yard and put in the new grill this weekend.

EXACTLY.

you bought the house knowing that in the future you would add touches that will make you happy and fit your lifestyle. that's how it works.

the house across the street from mine sold around 6 months ago. the guy then went in and dumped 100k to make MAJOR changes before living one fucking day in the house.

they've now been in it for around 90 days. they are moderately unhappy with some of the changes they made because they hadn't lived in the house and didn't realize how the changes would affect day-to-day living.

 

[NiteProwleR]

I know how I feel about, ees boolsheet


View: https://twitter.com/Bubblebathgirl/status/1828578140932972549

What's even crazier is 150k for a DOWNPAYMENT. A mexiCANT could barely dream up a 150k home/property much less a downpayment of 150k on what? A million dollar shack?!

 

[Mr. Wright]

What's even crazier is 150k for a DOWNPAYMENT. A mexiCANT could barely dream up a 150k home/property much less a downpayment of 150k on what? A million dollar shack?!

there are plenty of homes available in socal that can be bought for under 1m. for example, 150k is 20% of 750k. which means their loan is around 600k. if they don't mind living a bit inland their are plenty of homes in that price range.


here you go, whittier, plenty of Mexicans there.

 

[NiteProwleR]

Oh, I knew it was fact it just seems insane coming from where I live(TX). That's a decent apartment here and not even close to 4k a month.

 

[Mr. Wright]

Oh, I knew it was fact it just seems insane coming from where I live(TX). That's a decent apartment here and not even close to 4k a month.

gotcha, my bad.

 

[NiteProwleR]

I know its a huge waste of tax dollars but I doubt they are doing the illegals any favors in that scenario. Putting them in households they clearly can't afford.

 

[kvr28]

I can honestly say I have never paid over 50000 for a home, I bought dumps and invested sweat equity. I did spend more for building our house 68,000 and 85,000 for our cabin but these prices are insane to me.

 

[Mr. Wright]

I can honestly say I have never paid over 50000 for a home, I bought dumps and invested sweat equity. I did spend more for building our house 68,000 and 85,000 for our cabin but these prices are insane to me.

well, you've made a decision in your life to live where you live and invest heavily in your family, your community and your environment. luckily for you that community/environment that you live in housing is insanely cheap. not to sound like a dick, but people aren't bending over backwards and moving heaven and earth to live there. if they were property values would skyrocket.

the problem/benefit of living in socal is it truly is one of the few places in the world where you can make no money one month and in 90 days make 250-300k if you meet the right people. I've seen it happen time and time and time again.

so when said person clocks 300k in 3 months, then 500k in another 3, dropping 500k on a house just goes with the territory.

however, not everyone gets "lucky" and they spend years trying to strike it rich, only to move after 10-15 years back to where they came from talking about how it's impossible to make it in socal.

there's a middle ground in socal, but no one wants to put in the time and effort like they did up until the 2010s.

 

[kvr28]

well, you've made a decision in your life to live where you live and invest heavily in your family, your community and your environment. luckily for you that community/environment that you live in housing is insanely cheap. not to sound like a dick, but people aren't bending over backwards and moving heaven and earth to live there. if they were property values would skyrocket.

the problem/benefit of living in socal is it truly is one of the few places in the world where you can make no money one month and in 90 days make 250-300k if you meet the right people. I've seen it happen time and time and time again.

so when said person clocks 300k in 3 months, then 500k in another 3, dropping 500k on a house just goes with the territory.

however, not everyone gets "lucky" and they spend years trying to strike it rich, only to move after 10-15 years back to where they came from talking about how it's impossible to make it in socal.

there's a middle ground in socal, but no one wants to put in the time and effort like they did up until the 2010s.

I get that brother, just saying the prices are so foreign to me, I can't wrap my brain around paying that. Obviously the life we led is not the norm.

 

[HARLEM]

ahh. sweet whittier. Memories of the first time I heard bullets fly near my head…

 

[Mr. Wright]

ahh. sweet whittier. Memories of the first time I heard bullets fly near my head…

that was long beach down off of anaheim and Atlantic for me back in the early 90s. wild shit lol

 

[Mr. Wright]

I get that brother, just saying the prices are so foreign to me, I can't wrap my brain around paying that. Obviously the life we led is not the norm.

honestly, you'd find success wherever you lived. i have no doubt if you moved to CA you'd be a millionaire multiple times over in a few years out here. then you'd be saying the same about socal...lol

 

[HARLEM]

that was long beach down off of anaheim and Atlantic for me back in the early 90s. wild shit lol

LOL. That was my second time getting shot at. LB for a white boy….Used to get pulled over for driving while white in Compton.

 

[Mr. Wright]

LOL. That was my second time getting shot at. LB for a white boy….Used to get pulled over for driving while white in Compton.

LOL BRO

i graduated high school in 1996. the crane and rigging company company my dad worked for the entire time i went to school was in paramount, on the border with compton.

i think the second time i drove there to pick something up for him, using a thomas guide, i ended up missing my turn and ended up on alondra and long beach blvd.

i stopped at a gas station to ask for directions and a very nice old black man said "son, get back in that car and go back the way you came, this ain't the place for you..."

and that was first experience as a peckerwood from HB making a wrong turn and ending up in compton. didn't go back for probably a decade. never missed my turn again...lol

 

[Jamie999]

they also passed on this house in la mirada, about 10 minutes away from where they currently rent. it needs some sweat equity, but it's a solid deal and they're approved for this too.

View attachment 116126

This home is a tear down but the neighborhood is probably too shitty to justify the costs of building.

 

[spam909]

they also passed on this house in la mirada, about 10 minutes away from where they currently rent. it needs some sweat equity, but it's a solid deal and they're approved for this too.

View attachment 116126

That's insanity. I'm not sure if you can even live comfortably if you made 125K out there and be a first time homebuyer buying that POS. For the majority of folks out there, that home is going to be a multi-family home and you'll see like 8 cars parked outside.

 

[kvr28]

LOL BRO

i graduated high school in 1996. the crane and rigging company company my dad worked for the entire time i went to school was in paramount, on the border with compton.

i think the second time i drove there to pick something up for him, using a thomas guide, i ended up missing my turn and ended up on alondra and long beach blvd.

i stopped at a gas station to ask for directions and a very nice old black man said "son, get back in that car and go back the way you came, this ain't the place for you..."

and that was first experience as a peckerwood from HB making a wrong turn and ending up in compton. didn't go back for probably a decade. never missed my turn again...lol

Lol, awesome

 

[Mr. Wright]

That's insanity. I'm not sure if you can even live comfortably if you made 125K out there and be a first time homebuyer buying that POS. For the majority of folks out there, that home is going to be a multi-family home and you'll see like 8 cars parked outside.

all of the information available says you're wrong, but ok.

it's fascinating reading comments from people that don't eat, sleep and breath a particular industry comment on it as if they know what they're talking about.

people are comfortably buying these homes, literally every day. and when rates drop they'll refi and save a ton of money and gain the equity from the increased sales prices in their neighborhood.

 

[spam909]

all of the information available says you're wrong, but ok.

it's fascinating reading comments from people that don't eat, sleep and breath a particular industry comment on it as if they know what they're talking about.

people are comfortably buying these homes, literally every day. and when rates drop they'll refi and save a ton of money and gain the equity from the increased sales prices in their neighborhood.

About how much would it cost monthly to own a 625K home as a first time home buyer? Assuming you put down the minimum amount required and have to pay PMI.

 

[HARLEM]

LOL BRO

i graduated high school in 1996. the crane and rigging company company my dad worked for the entire time i went to school was in paramount, on the border with compton.

i think the second time i drove there to pick something up for him, using a thomas guide, i ended up missing my turn and ended up on alondra and long beach blvd.

i stopped at a gas station to ask for directions and a very nice old black man said "son, get back in that car and go back the way you came, this ain't the place for you..."

and that was first experience as a peckerwood from HB making a wrong turn and ending up in compton. didn't go back for probably a decade. never missed my turn again...lol

Sounds oddly familiar. It’s always the old people who watch out for things that don’t belong.

Sounds like we are near the same age. I graduated in 97. I even went to sowers in 6th grade. I also lived by the wave behind Olive Garden on Beach and Warner. Still remember that arcade. I remember the fights across the street at that park. HB Hardcore.LOL

Such a different time to grow up.

 

[Mr. Wright]

Sounds oddly familiar. It’s always the old people who watch out for things that don’t belong.

Sounds like we are near the same age. I graduated in 97. I even went to sowers in 6th grade. I also lived by the wave behind Olive Garden on Beach and Warner. Still remember that arcade. I remember the fights across the street at that park. HB Hardcore.LOL

Such a different time to grow up.

lol yep. went to moffett/sowers/edison as a kid.

completely different world compared to today.

 

[Mr. Wright]

About how much would it cost monthly to own a 625K home as a first time home buyer? Assuming you put down the minimum amount required and have to pay PMI.

no pmi if you put 20% or use a VA loan. it would be around 3100/month

 

[Mr. Wright]

rarely, if ever, are people putting down the minimum.

besides, most sellers agents don't recommend those offers. if you have 5 offers on a home they're going to recommend their client take the most solid offer. and 9 times out of 10 it's the offer with the largest down payment.