[quote=spdrun]I’m posting numbers, you’re quacking “sure if you say so” repeatedly like an 4 year old in need of sleep. Got any more persuasive arguments?
I’m saying that there seem to be a number that DIDN’T change hands and gave one example. What makes $200k the right price vs $140k, BTW? $240,000 sure wasn’t right with the rent you quoted. That would represent about a 4% return, which is good for parts of Manhattan, not for a secondary part of San Diego.[/quote]
Sure, if you say so. Seems to me, the person isn’t in a hurry to sell, otherwise it would have been a short or REO a long time ago.
$200k price isn’t “right or wrong”. It’s what the market commands. Keeping trying to rationalize it…If it floats your boat.
