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  • December 31, 2008 at 11:57 AM #322457
    sdrealtor
    Participant

    pemiliza
    Thats a beautiful home with lots of upgrades and very nice landscaping/hardscaping. Its a short sale so it would likely take at least 3 or 4 months to actually close escrow. That looks a good price for that home and they should ahve no problem generating offers on it at that price.

    Seller paid 1.2M and likely put $100K plus into it after closing outside and inside. Buyer put about $350K down and then heloc’d out 250K a month later to finish upgardes and exterior improvements. Buyer looks like they owe about $1.1M. There are comps in the last 6 months in the $1.1M range. This looks like an attempt to generate a quick offer and its questionable as to whether the bank would go for this.

    December 31, 2008 at 12:47 PM #321978
    pemeliza
    Participant

    Thanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.

    December 31, 2008 at 12:47 PM #322321
    pemeliza
    Participant

    Thanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.

    December 31, 2008 at 12:47 PM #322380
    pemeliza
    Participant

    Thanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.

    December 31, 2008 at 12:47 PM #322397
    pemeliza
    Participant

    Thanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.

    December 31, 2008 at 12:47 PM #322478
    pemeliza
    Participant

    Thanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.

    December 31, 2008 at 12:59 PM #321983
    sdrealtor
    Participant

    I could see the bank taking 950K. At that price the 1st TD comes out whole and the 2nd gets about 20 cents on the dollar.

    BTW, current owner is a RE Licensee

    December 31, 2008 at 12:59 PM #322326
    sdrealtor
    Participant

    I could see the bank taking 950K. At that price the 1st TD comes out whole and the 2nd gets about 20 cents on the dollar.

    BTW, current owner is a RE Licensee

    December 31, 2008 at 12:59 PM #322385
    sdrealtor
    Participant

    I could see the bank taking 950K. At that price the 1st TD comes out whole and the 2nd gets about 20 cents on the dollar.

    BTW, current owner is a RE Licensee

    December 31, 2008 at 12:59 PM #322402
    sdrealtor
    Participant

    I could see the bank taking 950K. At that price the 1st TD comes out whole and the 2nd gets about 20 cents on the dollar.

    BTW, current owner is a RE Licensee

    December 31, 2008 at 12:59 PM #322483
    sdrealtor
    Participant

    I could see the bank taking 950K. At that price the 1st TD comes out whole and the 2nd gets about 20 cents on the dollar.

    BTW, current owner is a RE Licensee

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