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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    2. Kim-Mai Cutler‏Verified account @kimmaicutler 20 Jul 2019
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      Replying to @soopa

      Which part of the Bay Area do they represent? This sounds unusually high to me. What I see more of is people just moving or planning to move back into their parents’ homes when they have kids and doing some ADUs, expansions to accommodate.

      11 replies 0 retweets 43 likes
    3. This Tweet is unavailable.
    4. Kim-Mai Cutler‏Verified account @kimmaicutler 20 Jul 2019
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      Replying to @soopa

      Ah ok, well then.

      1 reply 0 retweets 27 likes
    5. Bronwyn Harris, One Outspoken Educator‏ @BronwynAnn 20 Jul 2019
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      Replying to @kimmaicutler @soopa

      I’m 43 and almost everyone I know who owns property (Bay Area) does so because they’re parents helped them

      3 replies 2 retweets 39 likes
    6. Bronwyn Harris, One Outspoken Educator‏ @BronwynAnn 20 Jul 2019
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      Replying to @BronwynAnn @kimmaicutler @soopa

      *their

      1 reply 0 retweets 4 likes
    7. Kim-Mai Cutler‏Verified account @kimmaicutler 20 Jul 2019
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      Replying to @BronwynAnn @soopa

      yes but all cash versus just help w/ the down payment?

      5 replies 0 retweets 2 likes
    8. Bronwyn Harris, One Outspoken Educator‏ @BronwynAnn 20 Jul 2019
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      Replying to @kimmaicutler @soopa

      Mostly down payment but depends. At this point it’s hard to get a house without all cash. My parents couldn’t even afford to buy me a nice bike so I’ll be a renter forever. (Also im a teacher)

      1 reply 0 retweets 22 likes
    9. Jason Cavett‏ @TheRealJasCav 21 Jul 2019
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      Replying to @BronwynAnn @kimmaicutler @soopa

      As a non-CA resident, why is it hard to get a house without all cash? That sort of boggles my brain a bit.

      2 replies 0 retweets 0 likes
    10. Catherine Bracy‏ @cbracy 22 Jul 2019
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      Replying to @TheRealJasCav @BronwynAnn and

      Yeah, I don't understand why an all-cash offer is more appealing? Why does the seller care where the money comes from?

      1 reply 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 22 Jul 2019
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      Replying to @cbracy @TheRealJasCav and

      Closes faster, less likely to fall through if the loan doesn’t come through.

      9:13 PM - 22 Jul 2019
      • 3 Likes
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      2 replies 0 retweets 3 likes
        1. Brady Eidson‏ @bradeeoh 22 Jul 2019
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          Replying to @kimmaicutler @cbracy and

          We were buying in 2011, near the lowest point of the housing bubble burst. Bay Area market prices were lower from 2008 peaks, but homes were still going quickly. We lost our first two offers to all cash. Lost next offer to a "traditional 20% down" as we were a 6% down FHA loan

          0 replies 0 retweets 0 likes
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        2. Luis Villa‏ @luis_in_brief 22 Jul 2019
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          Replying to @kimmaicutler @cbracy and

          A mortgage guy told me a few months that in current SF market banks almost always approve the loans (if buyer is pre-approved) so cash is not as big an advantage as it was a few years ago. What that says about bank diligence right now... 🤷🏼‍♂️

          2 replies 0 retweets 0 likes
        3. Luis Villa‏ @luis_in_brief 22 Jul 2019
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          Replying to @luis_in_brief @kimmaicutler and

          (all else being equal, cash still better for the buyer, but it apparently won't get you a discount like it used to and still does in some markets like Miami)

          0 replies 0 retweets 0 likes
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