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Discussion Boards => Off-Topic => Topic started by: potluck6 on June 01, 2018, 08:49:49 pm

Title: Can you believe this
Post by: potluck6 on June 01, 2018, 08:49:49 pm
A small house in silicon valley is 640 ft,going for 800,000 .I live in ca no where near silicon valley so my house not worth even close. Oh that house is listed as a fixer upper. Im thinking of people who work for teck companies must be making a million or more a year.
Title: Re: Can you believe this
Post by: NRAJOE on June 01, 2018, 08:53:08 pm
Holy moley....some people got more money than brains!  :o

That kinda money you could have big acreage with a decent house and out buildings and all kinds of stuff!
Title: Re: Can you believe this
Post by: sbenkoski on June 01, 2018, 10:10:34 pm
Holy moley....some people got more money than brains!  :o

That kinda money you could have big acreage with a decent house and out buildings and all kinds of stuff!

Yepper a kick ask  VAN by the river  !!  with a view !    :wave: :wave: :binkybaby:
Title: Re: Can you believe this
Post by: jwkelly on June 02, 2018, 02:59:03 am
A small house in silicon valley is 640 ft,going for 800,000 .I live in ca no where near silicon valley so my house not worth even close. Oh that house is listed as a fixer upper. Im thinking of people who work for teck companies must be making a million or more a year.
                                       That was Bill Gates starter house when he was only a  struggling millionaire
Title: Re: Can you believe this
Post by: gaylasue on June 02, 2018, 05:46:15 am
I read where a lot of people are leaving CA because of the housing cost. 
Title: Re: Can you believe this
Post by: NRAJOE on June 02, 2018, 08:23:29 am
Holy moley....some people got more money than brains!  :o

That kinda money you could have big acreage with a decent house and out buildings and all kinds of stuff!

Yepper a kick ask  VAN by the river  !!  with a view !    :wave: :wave: :binkybaby:

Easy to move.... ;)

I would NEVER live in "Commifornia"  :bad: ::)
Title: Re: Can you believe this
Post by: mrsmere on June 02, 2018, 08:47:23 am
Wow, that's a lot of money for such a small place and still needs to be fixed up.
Title: Re: Can you believe this
Post by: oldbuddy on June 02, 2018, 09:26:28 am
I saw where the house I got a $1,000 check for signing a quit claim deed when I left California in 1969 was up for sale again for just over 2 Million.
Title: Re: Can you believe this
Post by: metsrock69 on June 02, 2018, 11:58:28 am
I believe it. California is very overpriced and the person who bought this house is trying to flip it for a huge profit. I would not even think the value of the house would be that much unless  it is beverly hills :peace:
Title: Re: Can you believe this
Post by: oldbuddy on June 02, 2018, 12:04:17 pm
I believe it. California is very overpriced and the person who bought this house is trying to flip it for a huge profit. I would not even think the value of the house would be that much unless  it is beverly hills :peace:
It was in Simi Valley, so you get rural living right next to easy access to the San Fernando Valley where a lot of movie stars live.
Title: Re: Can you believe this
Post by: gaby_ro_2004 on June 02, 2018, 12:12:05 pm
This is the price you pay when you live in CA.
Title: Re: Can you believe this
Post by: countrygirl12 on June 02, 2018, 12:17:28 pm
I believe it. California is very overpriced and the person who bought this house is trying to flip it for a huge profit. I would not even think the value of the house would be that much unless  it is beverly hills :peace:

It's going to have to appraise at that or more otherwise somebody has to pay cash for it.
Title: Re: Can you believe this
Post by: oldbuddy on June 02, 2018, 12:39:14 pm
I believe it. California is very overpriced and the person who bought this house is trying to flip it for a huge profit. I would not even think the value of the house would be that much unless  it is beverly hills :peace:

It's going to have to appraise at that or more otherwise somebody has to pay cash for it.
You can sell it with owner financing no matter what the appraisal is. Remember, there are a large percentage of would be home buyers that can't come up with the huge down payments and salary requirements, but will buy anyway with owner financing. That's why I sold my house with a quit claim to a rich buyer who would sell it with owner financing.
Title: Re: Can you believe this
Post by: JaniceSW on June 03, 2018, 06:15:27 am
I don't know if we are talking about the same house or not but about 5-6 weeks ago on one of the morning magazine shows there was a house in Silicon Valley that had been in a fire and it had sold for around a million dollars.  The new owners supposedly were going to tear it down and build a completely new home.  The reason for the price was the minimal amount of homes for sale in this desirable area for tech employees. Yep, they must be making SOME money out there.  Of course, look at the cost of living, especially around the San Francisco area!
Title: Re: Can you believe this
Post by: oldbuddy on June 03, 2018, 06:38:57 am
I don't know if we are talking about the same house or not but about 5-6 weeks ago on one of the morning magazine shows there was a house in Silicon Valley that had been in a fire and it had sold for around a million dollars.  The new owners supposedly were going to tear it down and build a completely new home.  The reason for the price was the minimal amount of homes for sale in this desirable area for tech employees. Yep, they must be making SOME money out there.  Of course, look at the cost of living, especially around the San Francisco area!
When I lived in San Francisco in 1962 I had a 4th floor walk-up (no elevator) in the Tenderloin district for $90 a month. I was in the Army at the Presidio and only earned $99.37 a month, so I hustled riders from Fort Ord to Los Angeles every weekend in my 9 passenger station wagon for $8 each. It was the same price the bus charged, but I got them there in 3 1/2 hours instead of 8 hours, giving them an extra 10 hours with their girlfriend.
Title: Re: Can you believe this
Post by: makeblessed on June 04, 2018, 04:43:02 pm
I have heard that the housing market in California is out of control and that the average person finds it very hard to live there, I have a cousin that relocated there last year because of a job opportunity and while the house she is renting  is very nice the rent is off the chain and she is now working a second job just to get by in meeting daily expenses.
Title: Re: Can you believe this
Post by: mrisha on June 07, 2018, 01:55:42 pm
I know that living in CA is expensive, but that is simply asinine and ridiculous to pay prices like that for a closet.
Title: Re: Can you believe this
Post by: jkhanson on June 07, 2018, 03:43:53 pm
I know that living in CA is expensive, but that is simply asinine and ridiculous to pay prices like that for a closet.
i agree with you mrisha!  Utterly outrageous!  I can't imagine a house that small going for even $100,000. 

I live in the midwest, so our housing is much less.
Title: Re: Can you believe this
Post by: autumnsparklemom on June 07, 2018, 04:11:16 pm
My son's second grade teacher has a daughter that lives in San Francisco and stated the rent she pays is in the thousands of dollars. It's outrageous.
Title: Re: Can you believe this
Post by: nannycoe1 on June 08, 2018, 06:52:46 am
I am glad I live in the south