Roy DuBose

folks, i'm a central austin fan -- live here, invested here, love the accessibility! there are several updated homes in here in our quiet neighborhood that's in the process of "turning over" -- mostly origianl owners moving on and established, affluent younger families moving in -- bump me back n i'll be happy to share more details -- personally, i can't wait to be an empy nestor again (re-married into a couple of teen-agers 2 yrs ago--whew!) ----------- roy@roydubose.com - Yesterday, 08:32

i've got a gold mine for you -- about 25 unfinished houses in differing stages of completion -- high end neighborhood in desirable area -- 512.217.6889 -- - Yesterday, 08:25

check with austin tenant council -- there's a link on the city of austin website -- while not an attorney, from experience i've come to understand that tenants have rights and landlords have responsibilities laid out in that legal document -- - Yesterday, 08:21

gee, my ears are hot from getting blistered and all i did was read the response --- wow

it's the realtor's job to get the price right the first time, resulting in the 95% list to sales price ratios -- sometimes, the realtor gets over ruled by a client that refuses to believe the facts, which a responsible realtor will have provided in the first place -- more times than not, price reductions are mandated because the owner insisted on listing at a price that was supported by nothing more than lack of knowledge -- then, the property sells at the price a true professional, someone that lives and breaths the market, told them it would go for in the first place -- getting this message, friend?

in addition, a lender isn't going to bet on the come and never has -- they are lending off facts, not opinions--the lending mess is a result of poorly qualified buyers and greedy amatuer lenders that yes, because of the demand drove the prices up -- when you've got hourly workers in california getting a mortgage for $500,000, slapping some paint on some walls and installing sod then reselling it for $600,000 because of DEMAND, then there is a problem -- and we're all dealing with it in one way or another --

tarrytown is a life-style -- that's what folks are buying -- got a magic formula to tell the rest of us what that's worth? just because it isn't to your taste doesn't make it wrong or bad -- just sometimes incredible, huh? - Wed Aug 27 2008, 14:59

"fins to the left, fins to the right, and you're the only bait in town"? j buffet ......

dude, find a mortgage banker that has some experience/knowledge and you feel like will look out for ya'lls money -- then, find a realtor that will do the same and isn't gonna sell 'ya something -- give the realtor a wish list and let 'em show you the options -- if you can buy someone else's equity and it makes sense for your lifestyle, seize the chance to invest in yourself but DO IT ON YOUR OWN TERMS AND OWN TIMELINE -- real estate is a local business -- there are parts of austin where the numbers work and areas where they don't just like there are parts of the nation that fit the same pattern --

btw--my lending sources tell me the down payment program that is ending in october is a "gifting" program called nehemiah under which the seller "gives" the $$ to a non-profit corporation in exchange for a tax write-off -- the "non-profit" in turn charges the buyer a transaction fee and contributes the "gift" from the seller to the buyer to aid with dp/closing costs -- the greatest impact (imho) will be to the national developers that need the $0 down business -- course, that doesn't buy equity does it??? - Mon Aug 11 2008, 09:55

napolean hill explained it best -- to be successful you don't need to know everything just know the people that have special expertise you can use -- please consider getting face to face with a lending pro -- the guidelines change sometimes hourly -- my experience tells me that having a 510 isn't the same as a mid-score 510 -- getting a fico for a house isn't the same as getting a fico for a car or boat -- call ben freidman @ land mortgage -- 335-5300 and GO SEE HIM -- there are too many good pieces to this puzzle to let it wait -- when you've visited with ben, bump me back @ roy@roydubose.com and let me know if he helped you at all -- - Mon Aug 25 2008, 18:45