House hunting in SoCal as a normie eng: feeling like NorCal
I thought house hunting would be a breeze in SoCal, since I weathered the storm when buying my first house in the Bay Area; but boy, was I wrong. Made an offer for $100k over list with no contingencies on a house that will appraise at list or lower. Got ghosted by the seller’s agent, even though they told my agent, after having already received several offers, that a competitive offer will be one $50k less than what I offered. All of the prospective buyers I’m seeing at Open Houses are Chinese (not ABC Chinese) as well as the listing agents. My agent also thinks that the seller’s agent might be a dual agent for another buyer, reason why my competitive offer was ignored. I’ve been house hunting for 4 months already and have had no luck.
TC: $250k (would be $350k if stocks didn’t drop after I joined); spouse’s TC in similar range
comments
The grandma problem doesnt explain why Im able to take the benefit when Im renting out and making a profit on my secondary unit.
Property taxes are a healthy way of taxing wealth and hit high wealth the most.