一段文字，SoCal-Orange County房地产市场的一个缩影# Stock
k*8
1 楼
....I live in Orange County and have actively been trying to acquire a
rental property. My experience is even though I am a cash buyer I can not
buy a property because of the competition for entry level condo units. I
work with a realtor that puts offers in on any new listing as they get
listed on MLS before I even see the unit. Even with this quick action plan,
I have not been able to open escrow on any of the 5 units that I have tried
to get. I was bidding 5,000 less, then full price and now 5,000 over and
still no luck. Each property gets 10 or more offers first 3 days. If you
need any kind of financing at this level forget it. Everyone is a cash buyer
. The people who need financing bid 20 to 30 thousand over and they do get
the deal but appraisals become a problem. The owners are thrilled to get 20-
30 thousand over asking but from what I hear these deals blow up because the
bank won’t write the loan because the appraisal is out of whack. Maybe
appraisers are back to the same ole tricks of writing appraisals for what
ever the market will bear not what the current comps are. Really frustrating
for everyone. If you need a loan in this market the only way to get a deal
is to way over bid. Everything is out of whack again!
....
rental property. My experience is even though I am a cash buyer I can not
buy a property because of the competition for entry level condo units. I
work with a realtor that puts offers in on any new listing as they get
listed on MLS before I even see the unit. Even with this quick action plan,
I have not been able to open escrow on any of the 5 units that I have tried
to get. I was bidding 5,000 less, then full price and now 5,000 over and
still no luck. Each property gets 10 or more offers first 3 days. If you
need any kind of financing at this level forget it. Everyone is a cash buyer
. The people who need financing bid 20 to 30 thousand over and they do get
the deal but appraisals become a problem. The owners are thrilled to get 20-
30 thousand over asking but from what I hear these deals blow up because the
bank won’t write the loan because the appraisal is out of whack. Maybe
appraisers are back to the same ole tricks of writing appraisals for what
ever the market will bear not what the current comps are. Really frustrating
for everyone. If you need a loan in this market the only way to get a deal
is to way over bid. Everything is out of whack again!
....