smupony94 wrote:LPs are what are enabling me to buy discounted notes
there are a few other factors that led to this point though.
I do have the honor of developing the subdivision with the highest foreclosure rate in Harris County. Boon doggle of epic proportion by the city of Houston giving down payment assistance to people that never should have owned a house.
smupony94 wrote:LPs are what are enabling me to buy discounted notes
there are a few other factors that led to this point though.
I do have the honor of developing the subdivision with the highest foreclosure rate in Harris County. Boon doggle of epic proportion by the city of Houston giving down payment assistance to people that never should have owned a house.
and bonus for you that they did!
Ok this is getting ridiculous...I agree with Dutch on THIS ONE POST by him totally
Another thing was builders telling buyers what their monthly payment would be x and leaving out insurance, taxes and HOA fees. Those 3 are what brought many people down. Most first time buyers have no clue about the additional costs associated with owning a home since they came from renting apartments
smupony94 wrote:Another thing was builders telling buyers what their monthly payment would be x and leaving out insurance, taxes and HOA fees. Those 3 are what brought many people down. Most first time buyers have no clue about the additional costs associated with owning a home since they came from renting apartments
Taxes? WTF.
HOA's are stealing properties right now.
Ok this is getting ridiculous...I agree with Dutch on THIS ONE POST by him totally
i know not to say never, but if there is ever a choice between a property w/ and a property w/o, the w/o will always win with regards to HOAs. I don't want anyone telling me what i can and can't do with my property.
Ok this is getting ridiculous...I agree with Dutch on THIS ONE POST by him totally
Dutch wrote:i know not to say never, but if there is ever a choice between a property w/ and a property w/o, the w/o will always win with regards to HOAs. I don't want anyone telling me what i can and can't do with my property.
Regs at my house says I can't have my dog in the front yard without a leash. I laugh when I get the complaint letters as I know they can't do anything to me.
smupony94 wrote:I have to have them with my subdivisions as we have parks and pools and that [deleted] ain't free
oh, i totally get it as a developer. i've worked on rez deals in the past, but i'm saying from the perspective of my individual house.
as a developer you just about have to have them these days to control amenities and dictate continuity in the product being built. don't need Cletus the Slack Jawed Yokel buying one of the first lots and parking his trans am on the grass when you're trying to sell the lots in phase II.
Ok this is getting ridiculous...I agree with Dutch on THIS ONE POST by him totally
