4221 Mount Casas 92117, Clairemont

[Anonymous]

This house is a complete mess, unpermitted electrical, Toxic Chemicals, (Containers of nitric acid, hydrocloric acid, & contaminated oil,plus several other unidentified liquids) mold and original tile that needs to be tested for asbestos. It does have a large lot but considering it is almost a complete gut it should sell around 300. The houses in the area selling for 450 have significant upgrades.
Some first time flipper (I saw plenty of them there Saturday) will probably bid it up and end up losing his shorts when he sells.

There should be some more REO properties in Clairemont coming to the market this summer.

[jimg111]

It’s not rebid, it’s called highest and best offer and all banks do it whenever there is a multiple offer situation. Bank then looks at best offer, may not always be price, then decides which to take and that’s it. No crap.

[jimg111]

It’s not rebid, it’s called highest and best offer and all banks do it whenever there is a multiple offer situation. Bank then looks at best offer, may not always be price, then decides which to take and that’s it. No crap.

[jimg111]

It’s not rebid, it’s called highest and best offer and all banks do it whenever there is a multiple offer situation. Bank then looks at best offer, may not always be price, then decides which to take and that’s it. No crap.

[jimg111]

It’s not rebid, it’s called highest and best offer and all banks do it whenever there is a multiple offer situation. Bank then looks at best offer, may not always be price, then decides which to take and that’s it. No crap.

[jimg111]

It’s not rebid, it’s called highest and best offer and all banks do it whenever there is a multiple offer situation. Bank then looks at best offer, may not always be price, then decides which to take and that’s it. No crap.

[(former)FormerSanDiegan]

For those who don;t know what pent-up demand is, this is a demonstration. At the right price there appears to be plenty of demand.

What a bunch of crap they are pulling on this sale…
What if every house in the Clairemont Mount Streets was priced in the 350K range ? Isn’t that what you want ?

[(former)FormerSanDiegan]

For those who don;t know what pent-up demand is, this is a demonstration. At the right price there appears to be plenty of demand.

What a bunch of crap they are pulling on this sale…
What if every house in the Clairemont Mount Streets was priced in the 350K range ? Isn’t that what you want ?

[(former)FormerSanDiegan]

For those who don;t know what pent-up demand is, this is a demonstration. At the right price there appears to be plenty of demand.

What a bunch of crap they are pulling on this sale…
What if every house in the Clairemont Mount Streets was priced in the 350K range ? Isn’t that what you want ?

[(former)FormerSanDiegan]

For those who don;t know what pent-up demand is, this is a demonstration. At the right price there appears to be plenty of demand.

What a bunch of crap they are pulling on this sale…
What if every house in the Clairemont Mount Streets was priced in the 350K range ? Isn’t that what you want ?

[(former)FormerSanDiegan]

For those who don;t know what pent-up demand is, this is a demonstration. At the right price there appears to be plenty of demand.

What a bunch of crap they are pulling on this sale…
What if every house in the Clairemont Mount Streets was priced in the 350K range ? Isn’t that what you want ?

[jpinpb]

I saw this property and I think 2828 Deerpark was a better deal, in better condition (just outdated) and if you add a second story, a full on bay view. I got a letter from the realtor saying 456k was the highest bid and if I was interested in going higher to let him know b/c he was putting in the package to bank.

I was not interested in getting into a bidding war. I will let this person buy and bring down the comps. 2828 Deerpark was going to foreclosure 5/27. There are NODs in the area. Realtor/owner has one on Deerpark listed for a very long time in same condition for 615k. I think he may want to reconsider that price after this sale goes through. There is also a bank owned on that street that is not in the MLS yet.

I still think of Clairemont as median neighborhood and median should go for 350k max, maybe 400-450k for canyon – and I mean canyon, not Balboa. That’s JMO. From the inventory that is out there, I’m hoping that the decline in prices will continue to that point. Anyone who is foolish enough to get in a bidding war on this Mt. fixer deserves the punishment for it later.

As far as flipping, were the credit standards loosened? Who is going to buy? Is there a burning desire for upper income people to live in Clairemont? I thought the upper income all wanted to live in Carmel Valley/4S Ranch.

Maybe investors buying w/the intention of renting. If that’s the case, I don’t think the numbers add up on ROI.

[jpinpb]

I saw this property and I think 2828 Deerpark was a better deal, in better condition (just outdated) and if you add a second story, a full on bay view. I got a letter from the realtor saying 456k was the highest bid and if I was interested in going higher to let him know b/c he was putting in the package to bank.

I was not interested in getting into a bidding war. I will let this person buy and bring down the comps. 2828 Deerpark was going to foreclosure 5/27. There are NODs in the area. Realtor/owner has one on Deerpark listed for a very long time in same condition for 615k. I think he may want to reconsider that price after this sale goes through. There is also a bank owned on that street that is not in the MLS yet.

I still think of Clairemont as median neighborhood and median should go for 350k max, maybe 400-450k for canyon – and I mean canyon, not Balboa. That’s JMO. From the inventory that is out there, I’m hoping that the decline in prices will continue to that point. Anyone who is foolish enough to get in a bidding war on this Mt. fixer deserves the punishment for it later.

As far as flipping, were the credit standards loosened? Who is going to buy? Is there a burning desire for upper income people to live in Clairemont? I thought the upper income all wanted to live in Carmel Valley/4S Ranch.

Maybe investors buying w/the intention of renting. If that’s the case, I don’t think the numbers add up on ROI.

[jpinpb]

I saw this property and I think 2828 Deerpark was a better deal, in better condition (just outdated) and if you add a second story, a full on bay view. I got a letter from the realtor saying 456k was the highest bid and if I was interested in going higher to let him know b/c he was putting in the package to bank.

I was not interested in getting into a bidding war. I will let this person buy and bring down the comps. 2828 Deerpark was going to foreclosure 5/27. There are NODs in the area. Realtor/owner has one on Deerpark listed for a very long time in same condition for 615k. I think he may want to reconsider that price after this sale goes through. There is also a bank owned on that street that is not in the MLS yet.

I still think of Clairemont as median neighborhood and median should go for 350k max, maybe 400-450k for canyon – and I mean canyon, not Balboa. That’s JMO. From the inventory that is out there, I’m hoping that the decline in prices will continue to that point. Anyone who is foolish enough to get in a bidding war on this Mt. fixer deserves the punishment for it later.

As far as flipping, were the credit standards loosened? Who is going to buy? Is there a burning desire for upper income people to live in Clairemont? I thought the upper income all wanted to live in Carmel Valley/4S Ranch.

Maybe investors buying w/the intention of renting. If that’s the case, I don’t think the numbers add up on ROI.

[jpinpb]

I saw this property and I think 2828 Deerpark was a better deal, in better condition (just outdated) and if you add a second story, a full on bay view. I got a letter from the realtor saying 456k was the highest bid and if I was interested in going higher to let him know b/c he was putting in the package to bank.

I was not interested in getting into a bidding war. I will let this person buy and bring down the comps. 2828 Deerpark was going to foreclosure 5/27. There are NODs in the area. Realtor/owner has one on Deerpark listed for a very long time in same condition for 615k. I think he may want to reconsider that price after this sale goes through. There is also a bank owned on that street that is not in the MLS yet.

I still think of Clairemont as median neighborhood and median should go for 350k max, maybe 400-450k for canyon – and I mean canyon, not Balboa. That’s JMO. From the inventory that is out there, I’m hoping that the decline in prices will continue to that point. Anyone who is foolish enough to get in a bidding war on this Mt. fixer deserves the punishment for it later.

As far as flipping, were the credit standards loosened? Who is going to buy? Is there a burning desire for upper income people to live in Clairemont? I thought the upper income all wanted to live in Carmel Valley/4S Ranch.

Maybe investors buying w/the intention of renting. If that’s the case, I don’t think the numbers add up on ROI.

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