Open Thread

Go out for a birthaday nooner then.

Posted by: daveinbedstuy at February 9, 2009 9:25 AM

joe....there have been a few posts over the past month or two that have dealt with what has happened at some new developments after you actually occupy. There are examples of roof leaks, heating plant failures and others.

I myself would be very leery of new construction if the developers do not have a long history of projects that come with strong accolades.

The issues that you speak of are certainly valid ones and precede those that I'm speaking of here. You definitely need a real estate attorney if and when you approach any purchase.

Posted by: daveinbedstuy at February 9, 2009 9:43 AM

You're never going to be able to predict the strngth of the condo's financials. Look at places in older established buildings first. Find out when the boiler and the roof were last replaced, when the brick was last pointed and what new special capital projects are upcoming (hallways, windows, lobby?).

Additionally, try and find a place that's got a few hundred thousand bucks in reserve. New condo developments are "buyer beware."

Posted by: daveinbedstuy at February 9, 2009 10:53 AM

mopar....I believe that interest rates will continue to rise unless we see some unexpected shock, which I hope we do not. The stock market is behaving rather well despite all the doom and gloom and that means that investors' appetite for more risk is increasing. There's a ton of money parked in US trasuries globally and as that appetite for more risk increases they will sell treasuries which will cause the rates to rise.

Posted by: daveinbedstuy at February 9, 2009 12:12 PM

THL...those pics are lovely. He's got the model eyes and chin so that face is a million dollars but the body can be found on so many gay men that you don't even have to pay for it...which I'm sure she is!!!

Posted by: daveinbedstuy at February 9, 2009 12:19 PM

I'm going to stay on topic here.

There was a line from a movie that I can't remember. There was a male hustler and he was having a conversation with his father. His father told him to "make sure you get real estate."

I hope Jesus is that smart.

Posted by: daveinbedstuy at February 9, 2009 12:23 PM

THL...it was something relatively mainstream. There's usually no dialogue in my "behind the curtain specials."

Posted by: daveinbedstuy at February 9, 2009 12:31 PM

You may be right, THL.

Posted by: daveinbedstuy at February 9, 2009 12:33 PM

I want to turn one of those HGTV yard design episodes into a porn movie. All those hot Latin laborer guys laying stone and planting shrubs!!!!

Posted by: daveinbedstuy at February 9, 2009 12:41 PM

Agree, Biff.

Posted by: daveinbedstuy at February 9, 2009 2:39 PM

Biff's in a snit because Madonna didn't choose him.

Posted by: daveinbedstuy at February 9, 2009 2:44 PM

Still, wine lover, you said some very racist thinks on that thread.

Many of us don't actually care who the band of 2009 is.

Posted by: daveinbedstuy at February 9, 2009 3:21 PM

Jesus is just alright with me, jesus is just alright, oh yeah
Jesus is just alright with me, jesus is just alright

I dont care what they may say
I dont care what they may do
I dont care what they may say
Jesus is just alright, oh yeah
Jesus is just alright

Jesus is just alright with me, jesus is just alright, oh yeah
Jesus is just alright with me, jesus is just alright

I dont care what they may know
I dont care where they may go
I dont care what they may know
Jesus is just alright, oh yeah

Jesus, hes my friend; jesus, hes my friend
He took me by the hand; led me far from this land
Jesus, hes my friend

Jesus is just alright with me, jesus is just alright, oh yeah
Jesus is just alright with me, jesus is just alright

I dont care what they may say, I dont care what they may do
I dont care what they may say, jesus is just alright, oh yeah

Posted by: daveinbedstuy at February 9, 2009 3:30 PM