- This topic has 15 replies, 6 voices, and was last updated 17 years, 3 months ago by
temeculaguy.
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AuthorPosts
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August 10, 2007 at 2:12 PM #9796August 10, 2007 at 2:23 PM #72875
bsrsharma
Participant“when this does sell”
Some one should tell such sellers: there is this magic number called $417,000. Price it below, you may have a (slim) chance; else it will be your estate to your heirs. Obviously, this house has to go through REO route before that happens.
August 10, 2007 at 2:23 PM #72995Participant“when this does sell”
Some one should tell such sellers: there is this magic number called $417,000. Price it below, you may have a (slim) chance; else it will be your estate to your heirs. Obviously, this house has to go through REO route before that happens.
August 10, 2007 at 2:23 PM #73000Participant“when this does sell”
Some one should tell such sellers: there is this magic number called $417,000. Price it below, you may have a (slim) chance; else it will be your estate to your heirs. Obviously, this house has to go through REO route before that happens.
August 10, 2007 at 2:32 PM #72882SD Realtor
ParticipantIMO I think the 912,913,914, and 915 zips could see some of the biggest drops percentage wise in the entire county… Right up there with downtown.
SD Realtor
August 10, 2007 at 2:32 PM #73002ParticipantIMO I think the 912,913,914, and 915 zips could see some of the biggest drops percentage wise in the entire county… Right up there with downtown.
SD Realtor
August 10, 2007 at 2:32 PM #73009ParticipantIMO I think the 912,913,914, and 915 zips could see some of the biggest drops percentage wise in the entire county… Right up there with downtown.
SD Realtor
August 10, 2007 at 3:02 PM #72918lonestar2000
Participantbsrsharma,
That number can be higher if the buyer puts in skin (his own money, i.e. down payment). It is the actual loan amount that counts.
August 10, 2007 at 3:02 PM #73039Participantbsrsharma,
That number can be higher if the buyer puts in skin (his own money, i.e. down payment). It is the actual loan amount that counts.
August 10, 2007 at 3:02 PM #73044Participantbsrsharma,
That number can be higher if the buyer puts in skin (his own money, i.e. down payment). It is the actual loan amount that counts.
August 10, 2007 at 3:04 PM #72929GoUSC
ParticipantI could not imagine losing $200k of my wealth like that. Holy crap. And yes SD, Chula Vista is going to be one of the hardest hit by far if not THE hardest hit. It will most likely go down as one of the hardest hit in the country.
I do like that $221psf sales price….Now if only that would transfer to houses in Mission Hills/Hillcrest/etc.
🙂
August 10, 2007 at 3:04 PM #73048ParticipantI could not imagine losing $200k of my wealth like that. Holy crap. And yes SD, Chula Vista is going to be one of the hardest hit by far if not THE hardest hit. It will most likely go down as one of the hardest hit in the country.
I do like that $221psf sales price….Now if only that would transfer to houses in Mission Hills/Hillcrest/etc.
🙂
August 10, 2007 at 3:04 PM #73053ParticipantI could not imagine losing $200k of my wealth like that. Holy crap. And yes SD, Chula Vista is going to be one of the hardest hit by far if not THE hardest hit. It will most likely go down as one of the hardest hit in the country.
I do like that $221psf sales price….Now if only that would transfer to houses in Mission Hills/Hillcrest/etc.
🙂
August 10, 2007 at 6:46 PM #73084temeculaguy
ParticipantThis one is already a bank owned, the 200k+ loss is the lender’s loss, we don’t know if the buyer had any skin in the game. 80 days on the market and still no buyer, good thing the banks are made of money and can ride us out. I looked at the pictures and it is a nice place, someone will buy it when they get the price right. In the last downturn I remember lener owned properties always advertised better than market rates and 0 down just to get someone in the house paying, I’m not seeing that this time around, guess they have had their fill of that particular dish.
August 10, 2007 at 6:46 PM #73206ParticipantThis one is already a bank owned, the 200k+ loss is the lender’s loss, we don’t know if the buyer had any skin in the game. 80 days on the market and still no buyer, good thing the banks are made of money and can ride us out. I looked at the pictures and it is a nice place, someone will buy it when they get the price right. In the last downturn I remember lener owned properties always advertised better than market rates and 0 down just to get someone in the house paying, I’m not seeing that this time around, guess they have had their fill of that particular dish.
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