No it's not my offer. I drove past the property on Friday, and it looked to be in a nice area. The yard etc were in very bad shape, a non-working fountain which seemed to be physically broken, littered with cigarette buts. But it seemed like it could be easily fixed up.
I didn't realize it had an offer accepted. Looks like there is a new category called "contingent". Very helpful, there have been so many occasions when I have contacted the seller's agent, only to find out that an offer has already been accepted.
Any opinions on whether I should try to pursue it anyway? I guess accepted offer doesn't necessarily mean it's a done deal.
Submitted by SD Realtor on May 31, 2009 - 12:11pm.
Actually the short sale listing does not have to have an offer accepted to be put into contingent status. There are some cases, one in pq right now, where they have several offers but none are accepted, and the agent has put the home into contingent status. None of them have been accepted however the agent has submitted the highest and best offer into the lender for review.
I have been in the Alonda home and have had dealings with the listing agent. My advice would be to have your agent call him up and check the situation out.
Actually the short sale listing does not have to have an offer accepted to be put into contingent status. There are some cases, one in pq right now, where they have several offers but none are accepted, and the agent has put the home into contingent status. None of them have been accepted however the agent has submitted the highest and best offer into the lender for review.
I have been in the Alonda home and have had dealings with the listing agent. My advice would be to have your agent call him up and check the situation out.
Thanks, SDRealtor. Any advice on a price point I should try and hit if they are taking backup offers? Since you have already been inside the home maybe you can give me some pointers.
Honestly I could not tell you where to shoot for in the price point. It is like the wild west out there these days. Many short sale listing have lots of offers but many of them also go away. Even though it is contingent you should be able to go view the home unless the sellers do not want any more showings.
Short sale at $447,000. So much for paying off the mortgage and passing on the house to the kids.
The owner's name is HA PHONG. Didn't someone say that Asians will always be able to pay the mortgage by renting out all the rooms to friends and relatives?
Short sale at $447,000. So much for paying off the mortgage and passing on the house to the kids.
The owner's name is HA PHONG. Didn't someone say that Asians will always be able to pay the mortgage by renting out all the rooms to friends and relatives?
You know, if you're talking about stereotypes, some would say he doesn't fit the definition of "asian" that fits the model you're talking about. Not that I believe that, but just saying....Lol...
The power of the HELOC has been known to erase stereotypes.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
The power of the HELOC has been known to erase stereotypes.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
Short sale at $447,000. So much for paying off the mortgage and passing on the house to the kids.
The owner's name is HA PHONG. Didn't someone say that Asians will always be able to pay the mortgage by renting out all the rooms to friends and relatives?
The power of the HELOC has been known to erase stereotypes.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
LOL!!!
BTW this is asia
http://upload.wikimedia.org/wikipedia/commons/7/7f/Location_Asia.svg
Technically, correct. In practice, certain ethnicities tend to think that term to be reserved more exclusively end up classifying others as "pacific islanders,etc"...
Here's another Asian (all in good fun here :))
He's got only one room so not much to rent out.
I guess he could close off the living room and rent it out. If he moved back to his parents, he could rent out the bedroom and the living-room separately.
Technically, correct. In practice, certain ethnicities tend to think that term to be reserved more exclusively end up classifying others as "pacific islanders,etc"...
I have a friend from Hong Kong and to him "Asians" are only those of Confucian culture -- Chinese, Taiwanese, Korean, Japanese, Singaporeans and Vietnamese.
Southeast Asians would include, Vietnamese (overlap), Thais, Malaysians, Burmese, Laos.
Pacific Islanders would be Filipinos and Indonesians.
South Asians would be Indians, Pakistanis, Bangladeshis. (I know that in UK, "Asian" refers generally to a person from the Indian subcontinent because of the colonial and immigration history)
To my HK friend, when referring to Asians of non-confucian inclination, you would refer to them by the name of country they are from.
It's like the term American. The United States doesn't own the word either. Technically, Mexicans, Canadians, El Salvadoreans, etc... are all Americans.
Here's another Asian (all in good fun here :))
He's got only one room so not much to rent out.
I guess he could close off the living room and rent it out. If he moved back to his parents, he could rent out the bedroom and the living-room separately.
And again, if I were an ass, some would question if this fits into the definition of "asian" (again). In good fun of course :) You're limited data is fitting into this stereotype frankly
Find me a long list of short sales/REO with first/last names with 1 syllables or a last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto, and let's talk again.
Frankly, my theory is this has very little to do with ethnicity and very much so has to do with social/economical backgrounds, regardless of ethnicity....Coincidently, it just so happens that in certain in some cases, some of "them" that fit the stereotype happen to be in the U.S. because they came for educational/professional reasons are in those enginerd, techie positions. Also inherently culturally, some tend to value the dollar more. Credit/being in debt is foreign (pun intended). On the other hand, you have some who aren't from the same social/economic background...Yes, I know it's shitty for me to say this.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
hahaha, at first, I didn't get it but now I do, thanks to your recent reminder. ;)
I have "Asian dude" friends and I do get some of the cultural aspects by osmosis.
Find me a long list of short sales/REO with first/last names with 1 syllables or a last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto, and let's talk again.
It wouldn't be a long list, rather a short list, but I did find several of those downtown (area I follow).
I think that it depends on the area. Downtown is a new area full of flippers. There more of "first/last names with 1 syllables or last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto" than otherwise.
As far as Asians downtown, there are more Persians who geographically (based on the map provided above) are Asians but define themselves as Caucasians.
Find me a long list of short sales/REO with first/last names with 1 syllables or a last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto, and let's talk again.
It wouldn't be a long list, rather a short list, but I did find several of those downtown (area I follow).
I think that it depends on the area. Downtown is a new area full of flippers. There more of "first/last names with 1 syllables or last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto" than otherwise.
As far as Asians downtown, there are more Persians who geographically (base the map provided above) are Asians but define themselves as Caucasians.
Ok, hold on....Secondary homes don't count. You drew the analogy to AN's statement of holding onto a primary and passing that to children. I can tell you the mind set for a secondary (flip home) mentality is different. So... in your list, cross reference with homes that are only owner occupied, and let's talk again :)
BTW: i hope you or anyone else isn't taking me seriously. I'm just giving you shit because it's Friday.
Frankly, my theory is this has very little to do with ethnicity and very much so has to do with social/economical backgrounds, regardless of ethnicity....Coincidently, it just so happens that in certain in some cases, some of "them" that fit the stereotype happen to be in the U.S. because they came for educational/professional reasons are in those enginerd, techie positions. Also inherently culturally, some tend to value the dollar more. Credit/being in debt is foreign (pun intended). On the other hand, you have some who aren't from the same social/economic background...Yes, I know it's shitty for me to say this.
No, it's not shitty. It's the truth. And the truth hurts sometimes.
People who came to America by choice for professional or education reasons would have more wherewithal, education and upbringing than those who came as refugees, or cooks on ships, or across the border.
Similarly, the peasants (and their descendants) who lived in the jungle with Mao would not have the same upbringing and manners than the bourgeois who fled to Taiwan or Hong Kong or the United States. After all, it will only be 60 years this October.
About your "rhymes with Yamamoto" statement, that population is either executives at corporations or have had many generations of wealth building through hard work.
FLU, I would however caution to not always trust the stereotypes. If you go to Flushing, NY, you may want to reassess you "first/last names with 1 syllable" theory.
I'm a student of history and it was the same with the Irish, Italians, Poles, etc... who came to America before.
The world changes yet it remains the same.
If you haven't read it yet, I recommend
The Good Earth for summer reading. The book was banned in China but it's now being studied in China as representative of life at the end of the Qin dynasty.
It's a story about love, work, family and, of course, REAL ESTATE (what we are most concerned with here).
Change the settings, the time and the names, and the story could have been in Italy.
Looks like a nice place. Most neighborhoods off Calle Cristobal are decent.
The house is a 'short sale' with an offer accepted. Is that your offer?
No it's not my offer. I drove past the property on Friday, and it looked to be in a nice area. The yard etc were in very bad shape, a non-working fountain which seemed to be physically broken, littered with cigarette buts. But it seemed like it could be easily fixed up.
I didn't realize it had an offer accepted. Looks like there is a new category called "contingent". Very helpful, there have been so many occasions when I have contacted the seller's agent, only to find out that an offer has already been accepted.
Any opinions on whether I should try to pursue it anyway? I guess accepted offer doesn't necessarily mean it's a done deal.
From what I understand, "contingent" means:
1. short sale
2. offer accepted
3. waiting for lender approval.
Most lenders want multiple offers on a 'short sale.' Talk with your agent and/or the listing agent.
Short sales can be a waste of time. Lenders don't like to approve them. Especially when there are multiple lenders on the same property.
If you're willing to 'roll the dice' and wait a few months, go for it. The best deals aren't always the easiest deals.
OK, thanks for the advice. I will get in touch with my agent on Monday.
Actually the short sale listing does not have to have an offer accepted to be put into contingent status. There are some cases, one in pq right now, where they have several offers but none are accepted, and the agent has put the home into contingent status. None of them have been accepted however the agent has submitted the highest and best offer into the lender for review.
I have been in the Alonda home and have had dealings with the listing agent. My advice would be to have your agent call him up and check the situation out.
I have been in the Alonda home and have had dealings with the listing agent. My advice would be to have your agent call him up and check the situation out.
Thanks, SDRealtor. Any advice on a price point I should try and hit if they are taking backup offers? Since you have already been inside the home maybe you can give me some pointers.
Thanks
Zak
Honestly I could not tell you where to shoot for in the price point. It is like the wild west out there these days. Many short sale listing have lots of offers but many of them also go away. Even though it is contingent you should be able to go view the home unless the sellers do not want any more showings.
It came back on the market but seems to have gone pending already.
http://www.sdlookup.com/MLS-090007712
Sales history.
01/26/1988 $164,000
10/18/1985 $132,490
Short sale at $447,000. So much for paying off the mortgage and passing on the house to the kids.
The owner's name is HA PHONG. Didn't someone say that Asians will always be able to pay the mortgage by renting out all the rooms to friends and relatives?
01/26/1988 $164,000
10/18/1985 $132,490
Short sale at $447,000. So much for paying off the mortgage and passing on the house to the kids.
The owner's name is HA PHONG. Didn't someone say that Asians will always be able to pay the mortgage by renting out all the rooms to friends and relatives?
You know, if you're talking about stereotypes, some would say he doesn't fit the definition of "asian" that fits the model you're talking about. Not that I believe that, but just saying....Lol...
The power of the HELOC has been known to erase stereotypes.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
LOL!!!
BTW this is asia
http://upload.wikimedia.org/wikipedia/co...
01/26/1988 $164,000
10/18/1985 $132,490
Short sale at $447,000. So much for paying off the mortgage and passing on the house to the kids.
The owner's name is HA PHONG. Didn't someone say that Asians will always be able to pay the mortgage by renting out all the rooms to friends and relatives?
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
LOL!!!
BTW this is asia
http://upload.wikimedia.org/wikipedia/commons/7/7f/Location_Asia.svg
Technically, correct. In practice, certain ethnicities tend to think that term to be reserved more exclusively end up classifying others as "pacific islanders,etc"...
Here's another Asian (all in good fun here :))
He's got only one room so not much to rent out.
I guess he could close off the living room and rent it out. If he moved back to his parents, he could rent out the bedroom and the living-room separately.
NGUYEN GIANG
425_W_Beech_St_526_San_Diego_CA_92101
Technically, correct. In practice, certain ethnicities tend to think that term to be reserved more exclusively end up classifying others as "pacific islanders,etc"...
I have a friend from Hong Kong and to him "Asians" are only those of Confucian culture -- Chinese, Taiwanese, Korean, Japanese, Singaporeans and Vietnamese.
Southeast Asians would include, Vietnamese (overlap), Thais, Malaysians, Burmese, Laos.
Pacific Islanders would be Filipinos and Indonesians.
South Asians would be Indians, Pakistanis, Bangladeshis. (I know that in UK, "Asian" refers generally to a person from the Indian subcontinent because of the colonial and immigration history)
To my HK friend, when referring to Asians of non-confucian inclination, you would refer to them by the name of country they are from.
It's like the term American. The United States doesn't own the word either. Technically, Mexicans, Canadians, El Salvadoreans, etc... are all Americans.
He's got only one room so not much to rent out.
I guess he could close off the living room and rent it out. If he moved back to his parents, he could rent out the bedroom and the living-room separately.
NGUYEN GIANG
425_W_Beech_St_526_San_Diego_CA_92101
And again, if I were an ass, some would question if this fits into the definition of "asian" (again). In good fun of course :) You're limited data is fitting into this stereotype frankly
Find me a long list of short sales/REO with first/last names with 1 syllables or a last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto, and let's talk again.
Frankly, my theory is this has very little to do with ethnicity and very much so has to do with social/economical backgrounds, regardless of ethnicity....Coincidently, it just so happens that in certain in some cases, some of "them" that fit the stereotype happen to be in the U.S. because they came for educational/professional reasons are in those enginerd, techie positions. Also inherently culturally, some tend to value the dollar more. Credit/being in debt is foreign (pun intended). On the other hand, you have some who aren't from the same social/economic background...Yes, I know it's shitty for me to say this.
I was referring to something else. But if you don't get it never mind. I won't bother to explain it, otherwise I would sound like a shithead. I'll let some other asian dude explain it.
hahaha, at first, I didn't get it but now I do, thanks to your recent reminder. ;)
I have "Asian dude" friends and I do get some of the cultural aspects by osmosis.
Find me a long list of short sales/REO with first/last names with 1 syllables or a last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto, and let's talk again.
It wouldn't be a long list, rather a short list, but I did find several of those downtown (area I follow).
I think that it depends on the area. Downtown is a new area full of flippers. There more of "first/last names with 1 syllables or last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto" than otherwise.
As far as Asians downtown, there are more Persians who geographically (based on the map provided above) are Asians but define themselves as Caucasians.
Find me a long list of short sales/REO with first/last names with 1 syllables or a last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto, and let's talk again.
It wouldn't be a long list, rather a short list, but I did find several of those downtown (area I follow).
I think that it depends on the area. Downtown is a new area full of flippers. There more of "first/last names with 1 syllables or last name with multiple syllables that sound like a hiaku or rhymes with Yamamoto" than otherwise.
As far as Asians downtown, there are more Persians who geographically (base the map provided above) are Asians but define themselves as Caucasians.
Ok, hold on....Secondary homes don't count. You drew the analogy to AN's statement of holding onto a primary and passing that to children. I can tell you the mind set for a secondary (flip home) mentality is different. So... in your list, cross reference with homes that are only owner occupied, and let's talk again :)
BTW: i hope you or anyone else isn't taking me seriously. I'm just giving you shit because it's Friday.
BTW: i hope you or anyone else isn't taking me seriously. I'm just giving you shit because it's Friday.
We should all have a good sense of humor. Makes watching the slow moving ship of real estate a lot more fun.
BTW, I'm going to watch Bruno this weekend. I'm already LMAO.
Frankly, my theory is this has very little to do with ethnicity and very much so has to do with social/economical backgrounds, regardless of ethnicity....Coincidently, it just so happens that in certain in some cases, some of "them" that fit the stereotype happen to be in the U.S. because they came for educational/professional reasons are in those enginerd, techie positions. Also inherently culturally, some tend to value the dollar more. Credit/being in debt is foreign (pun intended). On the other hand, you have some who aren't from the same social/economic background...Yes, I know it's shitty for me to say this.
No, it's not shitty. It's the truth. And the truth hurts sometimes.
People who came to America by choice for professional or education reasons would have more wherewithal, education and upbringing than those who came as refugees, or cooks on ships, or across the border.
Similarly, the peasants (and their descendants) who lived in the jungle with Mao would not have the same upbringing and manners than the bourgeois who fled to Taiwan or Hong Kong or the United States. After all, it will only be 60 years this October.
About your "rhymes with Yamamoto" statement, that population is either executives at corporations or have had many generations of wealth building through hard work.
FLU, I would however caution to not always trust the stereotypes. If you go to Flushing, NY, you may want to reassess you "first/last names with 1 syllable" theory.
I'm a student of history and it was the same with the Irish, Italians, Poles, etc... who came to America before.
The world changes yet it remains the same.
If you haven't read it yet, I recommend
The Good Earth for summer reading. The book was banned in China but it's now being studied in China as representative of life at the end of the Qin dynasty.
It's a story about love, work, family and, of course, REAL ESTATE (what we are most concerned with here).
Change the settings, the time and the names, and the story could have been in Italy.
I've been looking at Mira Mesa just for heck of it.
FLU, here's one for you. All in good fun, of course. ;)
When I saw the piano, I immediately thought Chinese.
I took one semester of Chinese but I forgot my Pin Yin.
Is the last name
transliteration Taiwan/Hong Kong, otherwise overseas Chinese transliteration, or current Mainland China Pin Yin standard?
I know you can tell about a Chinese person by the way the Chinese characters are transliterated to Latin script.
CHENG YU D&QUN
http://www.sdlookup.com/MLS-090025220-11...
Assumed to be primary residence because $7,000 HO Exemption.
I bet you'd say that it's also about neighborhood. But wouldn't that apply to all ethnicities?
Now, I need to find you one that rhymes with Yamamoto. ;)
FLU, here's one for you. All in good fun, of course. ;)
When I saw the piano, I immediately thought Chinese.
I took one semester of Chinese but I forgot my Pin Yin.
Is the last name
transliteration Taiwan/Hong Kong, otherwise overseas Chinese transliteration, or current Mainland China Pin Yin standard?
I know you can tell about a Chinese person by the way the Chinese characters are transliterated to Latin script.
CHENG YU D&QUN
http://www.sdlookup.com/MLS-090025220-11...
Assumed to be primary residence because $7,000 HO Exemption.
I bet you'd say that it's also about neighborhood. But wouldn't that apply to all ethnicities?
Now, I need to find you one that rhymes with Yamamoto. ;)
You win :)