Ouch. Currently listed as lender-owned property at $299,900:
“Bank owned home close to all. Past owner was in middle of remodeling and bank has continued with some improvements including new carpet and paint. Finishing touches just completed. Nice sized yard, cool ocean breezes. All offers/counters subject to bank senior management final approval.”
Yeah, I know, it’s Oceanside, but the location isn’t so bad: near the 78 and College Blvd., close to schools, Mira Costa College, and Tri-City Medical Center. And don’t forget the $190K in instant equity!
Loan Officer friend told me the lenders do not care if the house sold for 445k three years ago and now listed for 299k. In today’s market they only value the home at what you are willing to pay for the home. You are not going to be able start pulling out cash because you think you got a steal!
Loan Officer friend told me the lenders do not care if the house sold for 445k three years ago and now listed for 299k. In today’s market they only value the home at what you are willing to pay for the home. You are not going to be able start pulling out cash because you think you got a steal!
Loan Officer friend told me the lenders do not care if the house sold for 445k three years ago and now listed for 299k. In today’s market they only value the home at what you are willing to pay for the home. You are not going to be able start pulling out cash because you think you got a steal!
Loan Officer friend told me the lenders do not care if the house sold for 445k three years ago and now listed for 299k. In today’s market they only value the home at what you are willing to pay for the home. You are not going to be able start pulling out cash because you think you got a steal!
Loan Officer friend told me the lenders do not care if the house sold for 445k three years ago and now listed for 299k. In today’s market they only value the home at what you are willing to pay for the home. You are not going to be able start pulling out cash because you think you got a steal!
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