13348 Shadetree Ct

[jpinpb]

ucodegen – I think that fireplace is actually in the courtyard between the 2 garages. You can’t see the courtyard from the from of the house. I am not so impressed w/that kind of layout. Seems like the courtyard wouldn’t get much sunlight.

Even the exterior is not so stunning. I’ve seen much nicer exteriors in 4S Ranch, some that look like villas in Tuscany. But I don’t have a million to spend right now. Close, but not quite. Nevertheless, if I had a million right now, I doubt I’d get this place, regardless of their view on top of the hill in the middle of nowhere.

From what I understand, builders in that area are selling homes for under that amount they’re asking for this place. Some sod and trees doesn’t amount to 300k more than other properties in the area. Builders are willing to deal.

[Navydoc]

I first noticed this property a month or two ago, and I think it will be a nice barometer of what the market will do over the next couple of months/years. I find it very amusing that someone thought they could turn a quick 200-300K profit on this flip. The thing is, I kind of like this place, and I would consider buying it in the 800’s. I think it has a real chance to get there as a REO. What will be interesting to see is what else will be available in a similar price range if the value falls to that level. Personally I want a pool.

[Navydoc]

I first noticed this property a month or two ago, and I think it will be a nice barometer of what the market will do over the next couple of months/years. I find it very amusing that someone thought they could turn a quick 200-300K profit on this flip. The thing is, I kind of like this place, and I would consider buying it in the 800’s. I think it has a real chance to get there as a REO. What will be interesting to see is what else will be available in a similar price range if the value falls to that level. Personally I want a pool.

[Navydoc]

I first noticed this property a month or two ago, and I think it will be a nice barometer of what the market will do over the next couple of months/years. I find it very amusing that someone thought they could turn a quick 200-300K profit on this flip. The thing is, I kind of like this place, and I would consider buying it in the 800’s. I think it has a real chance to get there as a REO. What will be interesting to see is what else will be available in a similar price range if the value falls to that level. Personally I want a pool.

[Navydoc]

I first noticed this property a month or two ago, and I think it will be a nice barometer of what the market will do over the next couple of months/years. I find it very amusing that someone thought they could turn a quick 200-300K profit on this flip. The thing is, I kind of like this place, and I would consider buying it in the 800’s. I think it has a real chance to get there as a REO. What will be interesting to see is what else will be available in a similar price range if the value falls to that level. Personally I want a pool.

[Navydoc]

I first noticed this property a month or two ago, and I think it will be a nice barometer of what the market will do over the next couple of months/years. I find it very amusing that someone thought they could turn a quick 200-300K profit on this flip. The thing is, I kind of like this place, and I would consider buying it in the 800’s. I think it has a real chance to get there as a REO. What will be interesting to see is what else will be available in a similar price range if the value falls to that level. Personally I want a pool.

[jpinpb]

That lot sure is big enough for a pool in the backyard, and quite private w/that endless canyon behind you. But I think you’re right. If you like that area, it seems 800k would be a very good price. I am not in love w/the area or the house. Probably the people who bought it aren’t either, or they’d be living in it. Clearly they bought it for investment purposes only.

I just keep thinking if in 2006 it sold for nearly 1.5 mil, then picking it up for a mil was a good deal. But I agree w/you. It is amusing that someone actually believes they can flip it in today’s market for a quick 300k profit. Very bold. I’m just surprised and rather stunned. When I see that, I start questioning whether what I’m hearing about the market is accurate, if these kinds of transactions are still occurring. And if builders are selling for the same amount or less in that area, hard to compete w/builders. Builders are dealing and throwing in xtras and even willing to pay HOAs or buy-downs. Can’t justify 300k for some grass and trees, especially if you want a pool anyway.

[jpinpb]

That lot sure is big enough for a pool in the backyard, and quite private w/that endless canyon behind you. But I think you’re right. If you like that area, it seems 800k would be a very good price. I am not in love w/the area or the house. Probably the people who bought it aren’t either, or they’d be living in it. Clearly they bought it for investment purposes only.

I just keep thinking if in 2006 it sold for nearly 1.5 mil, then picking it up for a mil was a good deal. But I agree w/you. It is amusing that someone actually believes they can flip it in today’s market for a quick 300k profit. Very bold. I’m just surprised and rather stunned. When I see that, I start questioning whether what I’m hearing about the market is accurate, if these kinds of transactions are still occurring. And if builders are selling for the same amount or less in that area, hard to compete w/builders. Builders are dealing and throwing in xtras and even willing to pay HOAs or buy-downs. Can’t justify 300k for some grass and trees, especially if you want a pool anyway.

[jpinpb]

That lot sure is big enough for a pool in the backyard, and quite private w/that endless canyon behind you. But I think you’re right. If you like that area, it seems 800k would be a very good price. I am not in love w/the area or the house. Probably the people who bought it aren’t either, or they’d be living in it. Clearly they bought it for investment purposes only.

I just keep thinking if in 2006 it sold for nearly 1.5 mil, then picking it up for a mil was a good deal. But I agree w/you. It is amusing that someone actually believes they can flip it in today’s market for a quick 300k profit. Very bold. I’m just surprised and rather stunned. When I see that, I start questioning whether what I’m hearing about the market is accurate, if these kinds of transactions are still occurring. And if builders are selling for the same amount or less in that area, hard to compete w/builders. Builders are dealing and throwing in xtras and even willing to pay HOAs or buy-downs. Can’t justify 300k for some grass and trees, especially if you want a pool anyway.

[jpinpb]

That lot sure is big enough for a pool in the backyard, and quite private w/that endless canyon behind you. But I think you’re right. If you like that area, it seems 800k would be a very good price. I am not in love w/the area or the house. Probably the people who bought it aren’t either, or they’d be living in it. Clearly they bought it for investment purposes only.

I just keep thinking if in 2006 it sold for nearly 1.5 mil, then picking it up for a mil was a good deal. But I agree w/you. It is amusing that someone actually believes they can flip it in today’s market for a quick 300k profit. Very bold. I’m just surprised and rather stunned. When I see that, I start questioning whether what I’m hearing about the market is accurate, if these kinds of transactions are still occurring. And if builders are selling for the same amount or less in that area, hard to compete w/builders. Builders are dealing and throwing in xtras and even willing to pay HOAs or buy-downs. Can’t justify 300k for some grass and trees, especially if you want a pool anyway.

[jpinpb]

That lot sure is big enough for a pool in the backyard, and quite private w/that endless canyon behind you. But I think you’re right. If you like that area, it seems 800k would be a very good price. I am not in love w/the area or the house. Probably the people who bought it aren’t either, or they’d be living in it. Clearly they bought it for investment purposes only.

I just keep thinking if in 2006 it sold for nearly 1.5 mil, then picking it up for a mil was a good deal. But I agree w/you. It is amusing that someone actually believes they can flip it in today’s market for a quick 300k profit. Very bold. I’m just surprised and rather stunned. When I see that, I start questioning whether what I’m hearing about the market is accurate, if these kinds of transactions are still occurring. And if builders are selling for the same amount or less in that area, hard to compete w/builders. Builders are dealing and throwing in xtras and even willing to pay HOAs or buy-downs. Can’t justify 300k for some grass and trees, especially if you want a pool anyway.

[Navydoc]

Yard is definitely big enough for the pool, but for 800 large I want somebody else to build it. Or I’ll offer 60K less for the house and then put it in myself.

[Navydoc]

Yard is definitely big enough for the pool, but for 800 large I want somebody else to build it. Or I’ll offer 60K less for the house and then put it in myself.

[Navydoc]

Yard is definitely big enough for the pool, but for 800 large I want somebody else to build it. Or I’ll offer 60K less for the house and then put it in myself.

[Navydoc]

Yard is definitely big enough for the pool, but for 800 large I want somebody else to build it. Or I’ll offer 60K less for the house and then put it in myself.

[Author]

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