- This topic has 22 replies, 7 voices, and was last updated 17 years, 4 months ago by
pencilneck.
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June 28, 2007 at 8:56 PM #9413June 28, 2007 at 9:41 PM #62831
SD Realtor
ParticipantFat lazy I have been tracking this complex as well. Down down down…
SD Realtor
June 28, 2007 at 9:41 PM #62880ParticipantFat lazy I have been tracking this complex as well. Down down down…
SD Realtor
June 28, 2007 at 10:05 PM #62841temeculaguy
ParticipantIf they had priced at 546k on day 1, they might have had a chance. If they ask 499 right now they might get out. 1% and 2% drops is just going to chase the rabbit down the hole, they need to get agressive and fast or they will end up at 499 eventually and it won’t look like the deal it would today.
June 28, 2007 at 10:05 PM #62890ParticipantIf they had priced at 546k on day 1, they might have had a chance. If they ask 499 right now they might get out. 1% and 2% drops is just going to chase the rabbit down the hole, they need to get agressive and fast or they will end up at 499 eventually and it won’t look like the deal it would today.
June 29, 2007 at 7:03 AM #62871
CoronitaParticipantI don’t want sound mean. But I think there are probably a good portion of owners in Carmel Valley who don’t have the financial means to be living here. They are way over extended. And from it appears, most of these folks are attached home owners that bought within the 2-3 years. These folks shouldn’t have been able to afford to live here evar.
I’m considering giving a low ball offer right now of 480 (not that I would buy right now), just to see what the “mood” is.
June 29, 2007 at 7:03 AM #62919CoronitaParticipantI don’t want sound mean. But I think there are probably a good portion of owners in Carmel Valley who don’t have the financial means to be living here. They are way over extended. And from it appears, most of these folks are attached home owners that bought within the 2-3 years. These folks shouldn’t have been able to afford to live here evar.
I’m considering giving a low ball offer right now of 480 (not that I would buy right now), just to see what the “mood” is.
June 29, 2007 at 7:05 AM #62921CoronitaParticipantFat lazy I have been tracking this complex as well. Down down down… SD Realtor
Your previous propsective customer trying to sell her 2/2/2.5 in the same complex is going to have a tough time at her asking $540k-$560k. But I’m sure the fish tank in her photos makes up for the 1 less room
🙂
June 29, 2007 at 7:05 AM #62873CoronitaParticipantFat lazy I have been tracking this complex as well. Down down down… SD Realtor
Your previous propsective customer trying to sell her 2/2/2.5 in the same complex is going to have a tough time at her asking $540k-$560k. But I’m sure the fish tank in her photos makes up for the 1 less room
🙂
June 29, 2007 at 8:39 AM #62883Alex_angel
ParticipantFor $550k, they can keep it. What an ugly place.
June 29, 2007 at 8:39 AM #62931ParticipantFor $550k, they can keep it. What an ugly place.
June 29, 2007 at 8:52 AM #62889g2006
ParticipantIn 2005 the price was 640K almost 100K+ down.
03/18/2005 $640,000
09/14/2001 $345,000
01/21/1999 $258,200
04/07/1998 $230,000
01/23/1997 $194,400June 29, 2007 at 8:52 AM #62937ParticipantIn 2005 the price was 640K almost 100K+ down.
03/18/2005 $640,000
09/14/2001 $345,000
01/21/1999 $258,200
04/07/1998 $230,000
01/23/1997 $194,400June 29, 2007 at 8:57 AM #62887no_such_reality
ParticipantHow come the house rebate link says original price $749,000?
How much would this rent for? $2000?
I’m guessing to someone trying to save on rent, it’s worth $300-$350K.
To a landlord, maybe $250-$300K.
One of the things I wonder on is if buying will be perceived as being cheaper than renting if it still requires $40,000 to $80,000 down payment to make it so.
I remember the mid-90s and you’d look at townhomes like this and buy them for $150K bringing $15,000 down and $3K for closing costs. Bellying up $20,000 to get away from renting when the number flush in your favor is very different than coming up with $35,000 down and another $5000 in closing costs. That $350,000 purchase would still be a major collapst. If it holds higher, the numbers are just worse.
How many people, in the general population, are holding $40,000 to escape from apartment life?
June 29, 2007 at 8:57 AM #62935ParticipantHow come the house rebate link says original price $749,000?
How much would this rent for? $2000?
I’m guessing to someone trying to save on rent, it’s worth $300-$350K.
To a landlord, maybe $250-$300K.
One of the things I wonder on is if buying will be perceived as being cheaper than renting if it still requires $40,000 to $80,000 down payment to make it so.
I remember the mid-90s and you’d look at townhomes like this and buy them for $150K bringing $15,000 down and $3K for closing costs. Bellying up $20,000 to get away from renting when the number flush in your favor is very different than coming up with $35,000 down and another $5000 in closing costs. That $350,000 purchase would still be a major collapst. If it holds higher, the numbers are just worse.
How many people, in the general population, are holding $40,000 to escape from apartment life?
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