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  • May 7, 2009 at 4:13 PM #395331
    SD Realtor
    Participant

    Well from a ppsf persective yeah it is not a bad deal but do you know the area? I actually like Sunrise Canyon ALOT but that is the north side of Poway Road not the south side.

    Anyways for what it is worth I called the listing agent…

    1 – The listing agent had 2-3 offers previously into the lender where those buyers walked away. Those offers were higher then the SOLD offer and he had approval for them but they walked for various reasons that included remediation needed on the home.

    2 – The buyer did end up kicking about 7k to the second note holder to get them to release the lien. Not refected in the price.

    3 – The buyer had to pay for all termite remediation, another 4k.

    4 – The home has several major problems with it in the kitchen and floor.

    Again, this is all according to the listing agent. Take it for what it is worth but IMO this agent seemed to be pretty honest over the phone. What do I know though?

    Anyways 5year, this guy seemed to be on the up and up and I think he was telling the truth. He said after the offer was accepted and they got into escrow he said he could have definitely gotten alot more considering the market conditions but this buyer came in right before the big wave hit. Sounded like he had approval in early March or late Feb and by the time he got the written lien releases from each lender it was mid March.

    May 7, 2009 at 4:41 PM #394940
    PadreBrian
    Participant

    Nice deal. Too bad honest Realtors get the shaft.

    May 7, 2009 at 4:41 PM #394686
    PadreBrian
    Participant

    Nice deal. Too bad honest Realtors get the shaft.

    May 7, 2009 at 4:41 PM #395159
    PadreBrian
    Participant

    Nice deal. Too bad honest Realtors get the shaft.

    May 7, 2009 at 4:41 PM #395212
    PadreBrian
    Participant

    Nice deal. Too bad honest Realtors get the shaft.

    May 7, 2009 at 4:41 PM #395352
    PadreBrian
    Participant

    Nice deal. Too bad honest Realtors get the shaft.

    May 8, 2009 at 7:47 AM #395417
    ocrenter
    Participant

    08/10/2004: $820,000
    06/15/2000: $474,000
    07/31/1998: $407,000

    Adjusted for inflation, the 1998 sale price of $407k would be $531k. This guy got it within $20k of inflation adjusted 1998 pricing. that is not bad at all.

    not to nip pick, but that pool is awfully close to the house, essentially they get no yard at all with that pool in there. then there’s the huge slope in the back. SDR, how much would you discount a house like this vs if it had a good lot without the giant slope?

    May 8, 2009 at 7:47 AM #395365
    ocrenter
    Participant

    08/10/2004: $820,000
    06/15/2000: $474,000
    07/31/1998: $407,000

    Adjusted for inflation, the 1998 sale price of $407k would be $531k. This guy got it within $20k of inflation adjusted 1998 pricing. that is not bad at all.

    not to nip pick, but that pool is awfully close to the house, essentially they get no yard at all with that pool in there. then there’s the huge slope in the back. SDR, how much would you discount a house like this vs if it had a good lot without the giant slope?

    May 8, 2009 at 7:47 AM #395559
    ocrenter
    Participant

    08/10/2004: $820,000
    06/15/2000: $474,000
    07/31/1998: $407,000

    Adjusted for inflation, the 1998 sale price of $407k would be $531k. This guy got it within $20k of inflation adjusted 1998 pricing. that is not bad at all.

    not to nip pick, but that pool is awfully close to the house, essentially they get no yard at all with that pool in there. then there’s the huge slope in the back. SDR, how much would you discount a house like this vs if it had a good lot without the giant slope?

    May 8, 2009 at 7:47 AM #395146
    ocrenter
    Participant

    08/10/2004: $820,000
    06/15/2000: $474,000
    07/31/1998: $407,000

    Adjusted for inflation, the 1998 sale price of $407k would be $531k. This guy got it within $20k of inflation adjusted 1998 pricing. that is not bad at all.

    not to nip pick, but that pool is awfully close to the house, essentially they get no yard at all with that pool in there. then there’s the huge slope in the back. SDR, how much would you discount a house like this vs if it had a good lot without the giant slope?

    May 8, 2009 at 7:47 AM #394893
    ocrenter
    Participant

    08/10/2004: $820,000
    06/15/2000: $474,000
    07/31/1998: $407,000

    Adjusted for inflation, the 1998 sale price of $407k would be $531k. This guy got it within $20k of inflation adjusted 1998 pricing. that is not bad at all.

    not to nip pick, but that pool is awfully close to the house, essentially they get no yard at all with that pool in there. then there’s the huge slope in the back. SDR, how much would you discount a house like this vs if it had a good lot without the giant slope?

    May 8, 2009 at 10:33 AM #395274
    SD Realtor
    Participant

    OCR like I was saying you go to the other side of the street (Poway Rd) and check out some of the homes in Sunrise Canyon and you are looking at million dollar homes. Although there are also some real clunkers in Sunrise Canyon as well, it is an odd mix. I hafta beg off giving you a ppsf quote for now as I am kind of swamped today but will return to it when I can.

    In this particular case it looks like everyone did, “okay”… The seller dumped the home, the buyer got a good price, the agent got a fat double ended deal. As much as it looks shady my ever expanding gut call is that it was on the up and up but again… you just… never…know.

    May 8, 2009 at 10:33 AM #395690
    SD Realtor
    Participant

    OCR like I was saying you go to the other side of the street (Poway Rd) and check out some of the homes in Sunrise Canyon and you are looking at million dollar homes. Although there are also some real clunkers in Sunrise Canyon as well, it is an odd mix. I hafta beg off giving you a ppsf quote for now as I am kind of swamped today but will return to it when I can.

    In this particular case it looks like everyone did, “okay”… The seller dumped the home, the buyer got a good price, the agent got a fat double ended deal. As much as it looks shady my ever expanding gut call is that it was on the up and up but again… you just… never…know.

    May 8, 2009 at 10:33 AM #395494
    SD Realtor
    Participant

    OCR like I was saying you go to the other side of the street (Poway Rd) and check out some of the homes in Sunrise Canyon and you are looking at million dollar homes. Although there are also some real clunkers in Sunrise Canyon as well, it is an odd mix. I hafta beg off giving you a ppsf quote for now as I am kind of swamped today but will return to it when I can.

    In this particular case it looks like everyone did, “okay”… The seller dumped the home, the buyer got a good price, the agent got a fat double ended deal. As much as it looks shady my ever expanding gut call is that it was on the up and up but again… you just… never…know.

    May 8, 2009 at 10:33 AM #395546
    SD Realtor
    Participant

    OCR like I was saying you go to the other side of the street (Poway Rd) and check out some of the homes in Sunrise Canyon and you are looking at million dollar homes. Although there are also some real clunkers in Sunrise Canyon as well, it is an odd mix. I hafta beg off giving you a ppsf quote for now as I am kind of swamped today but will return to it when I can.

    In this particular case it looks like everyone did, “okay”… The seller dumped the home, the buyer got a good price, the agent got a fat double ended deal. As much as it looks shady my ever expanding gut call is that it was on the up and up but again… you just… never…know.

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