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Topic

Real estate prices, starting to rise again ?.

Housing
#1
  • 賃貸貧乏
  • mail
  • 2020/02/21 10:50

I've been saving for a down payment for a few years to buy a house in Torrance or thereabouts.

Last year, real estate prices seemed to have leveled off a bit, so I was wondering if they would go down this year, but I've been looking at SOLD prices for the past few months and they seem to be higher than before.
And when they go on sale, they are PENDING a week later.
Maybe it will still go up?

Even if I hoard downpayments, the price goes up and I can't buy it after all~.
More and more I can only buy in remote areas ~ ( Tears ).

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#238
  • 不動産投資家
  • 2020/04/13 (Mon) 19:50
  • Report

So.
Now they need more than a down payment and credit history,
they need tax returns for the past two years and pay stubs for the past two months.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#239
  • 通りすがりの不動産屋
  • 2020/04/13 (Mon) 20:05
  • Report

Usually cash buyers or those with a large down payment have a definite advantage in purchasing real estate.
No matter how good your income has been for the past two years, it does not guarantee your future.
What is a stable profession ??

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#240
  • 不動産投資家
  • 2020/04/13 (Mon) 20:14
  • Report

Of course, it is common knowledge that cash buyers are the most advantageous.
But 236 was old before the subprime crisis.
What banks now consider important are tax returns for the past two years and pay stubs for the past two months.

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#241
  • 金貸し屋
  • 2020/04/13 (Mon) 20:21
  • Report

No matter how good your income has been for the past two years, it doesn't guarantee the future.

Well, no matter how much you think so. LOL
It's up to the money lenders.

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#242
  • 通りすがりの不動産屋
  • 2020/04/13 (Mon) 20:43
  • Report

241
who are you ? lol
to begin with, looking at your income for the past 2 years is to determine your loan limit.
And the credit score is to determine your creditworthiness, such as your past loan repayment status.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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