Menu

Home › Forums › Housing › Poway house – dropping over at least 20% already

Viewing 15 posts - 1 through 15 (of 16 total)
1 2
  • Author
    Posts
  • November 25, 2007 at 3:50 PM #10987
    masayako
    Participant

    We have physically visited this house back in 2006. We did not make an offer because the location and neighborhood is not very attractive.

    15355 VIA LA GITANO, Poway, CA 92064

    Sold price: $625,000

    Price Reduced: 09/01/07 — $625,000 to $590,000
    Price Reduced: 09/08/07 — $590,000 to $570,000
    Price Reduced: 09/21/07 — $570,000 to $525,000
    Price Reduced: 09/26/07 — $525,000 to $495,000

    In the market for over 146 days and, still, no one interested even after 20% dropped. Bad luck to the flipper losing over $130,000 already.

    At the end, I think the seller will be luck to get $350,000 for this crap which translates to $275,000 loss.

    Masayako

    November 25, 2007 at 4:00 PM #103437
    SD Realtor
    Participant

    You pegged it masakayo. The sale in spring of 06 was for 625k and I bet the sellers were laughing all the way to the bank. The current owner financed it 100% and this is gonna be a whopper of a short sale… or shall I say REO…

    SD Realtor

    November 25, 2007 at 4:00 PM #103521
    SD Realtor
    Participant

    You pegged it masakayo. The sale in spring of 06 was for 625k and I bet the sellers were laughing all the way to the bank. The current owner financed it 100% and this is gonna be a whopper of a short sale… or shall I say REO…

    SD Realtor

    November 25, 2007 at 4:00 PM #103534
    SD Realtor
    Participant

    You pegged it masakayo. The sale in spring of 06 was for 625k and I bet the sellers were laughing all the way to the bank. The current owner financed it 100% and this is gonna be a whopper of a short sale… or shall I say REO…

    SD Realtor

    November 25, 2007 at 4:00 PM #103557
    SD Realtor
    Participant

    You pegged it masakayo. The sale in spring of 06 was for 625k and I bet the sellers were laughing all the way to the bank. The current owner financed it 100% and this is gonna be a whopper of a short sale… or shall I say REO…

    SD Realtor

    November 25, 2007 at 4:00 PM #103584
    SD Realtor
    Participant

    You pegged it masakayo. The sale in spring of 06 was for 625k and I bet the sellers were laughing all the way to the bank. The current owner financed it 100% and this is gonna be a whopper of a short sale… or shall I say REO…

    SD Realtor

    November 26, 2007 at 10:10 AM #103577
    gold_dredger_phd
    Participant

    I love it when a plan comes together!

    I sold my house in April 2005. OOPS! Too early!

    November 26, 2007 at 10:10 AM #103659
    gold_dredger_phd
    Participant

    I love it when a plan comes together!

    I sold my house in April 2005. OOPS! Too early!

    November 26, 2007 at 10:10 AM #103672
    gold_dredger_phd
    Participant

    I love it when a plan comes together!

    I sold my house in April 2005. OOPS! Too early!

    November 26, 2007 at 10:10 AM #103699
    gold_dredger_phd
    Participant

    I love it when a plan comes together!

    I sold my house in April 2005. OOPS! Too early!

    November 26, 2007 at 10:10 AM #103721
    gold_dredger_phd
    Participant

    I love it when a plan comes together!

    I sold my house in April 2005. OOPS! Too early!

    November 26, 2007 at 3:07 PM #103718
    Ash Housewares
    Participant

    Bad luck to the flipper losing over $130,000 already

    More like bad luck to the bank that loaned the guy 100% purchase money. All the flipper has lost is his credit.

    November 26, 2007 at 3:07 PM #103800
    Ash Housewares
    Participant

    Bad luck to the flipper losing over $130,000 already

    More like bad luck to the bank that loaned the guy 100% purchase money. All the flipper has lost is his credit.

    November 26, 2007 at 3:07 PM #103813
    Ash Housewares
    Participant

    Bad luck to the flipper losing over $130,000 already

    More like bad luck to the bank that loaned the guy 100% purchase money. All the flipper has lost is his credit.

    November 26, 2007 at 3:07 PM #103839
    Ash Housewares
    Participant

    Bad luck to the flipper losing over $130,000 already

    More like bad luck to the bank that loaned the guy 100% purchase money. All the flipper has lost is his credit.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 16 total)
1 2
  • You must be logged in to reply to this topic.