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Home Ownership Made Easy

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Jan 14, 2004 7:41 am Thank you, Allan!
Jo Miller
Thank you, Allan, for the warm welcome to Ryze and for inviting me to join your group!

My dream is to own a home. I put an offer on a home two years ago, a 3 bedroom condo, it was listed for $370,000 but I was only pre-qualed for $350,000 so I offered $340,000 ... well, they didn't even counter and now, I rent a home RIGHT NEXT DOOR. It's depressing! But, that same model condo is now selling for $560,000 - $590,000.

Tell me ... what do you do in a situation like that? These condos are NOT worth half a million dollars. They aren't worth $350,000 ... but that's what people are paying for these thirty-year old cracker boxes.

If someone can tell me how this happened, I'd sure like to know. Is this balloon going to pop or am I just out of luck?

Confused in Newport Beach,

Joanne
:: Joanne Miller :: Third Stone Media ::

Private Reply to Jo Miller (new win)





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