Carmel Valley Distress ?

[Anonymous]

The following Seabreeze Farms home is a good buy. Lowest price per square foot for home in DMUSD district in 92130 zip.

http://www.sdlookup.com/MLS-100036606-12867_Seabreeze_Farms_Dr_San_Diego_CA_92130

[cvrentguy]

Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130

[cvrentguy]

Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130

[cvrentguy]

Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130

[cvrentguy]

Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130

[cvrentguy]

Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130

[Coronita]

[quote=cvrentguy]Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130%5B/quote%5D

Just went contingent today. I looked. At $790, it would be a pretty good deal.. However, comps I think it would command $850k. I’m sure it’s a multiple offer scenario.

[Coronita]

[quote=cvrentguy]Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130%5B/quote%5D

Just went contingent today. I looked. At $790, it would be a pretty good deal.. However, comps I think it would command $850k. I’m sure it’s a multiple offer scenario.

[Coronita]

[quote=cvrentguy]Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130%5B/quote%5D

Just went contingent today. I looked. At $790, it would be a pretty good deal.. However, comps I think it would command $850k. I’m sure it’s a multiple offer scenario.

[Coronita]

[quote=cvrentguy]Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130%5B/quote%5D

Just went contingent today. I looked. At $790, it would be a pretty good deal.. However, comps I think it would command $850k. I’m sure it’s a multiple offer scenario.

[Coronita]

[quote=cvrentguy]Here is another one. Any inputs would be appreciated.

Couple of things to note :

– Sold for $960000 in 2004 and listing range
now is $789000 – $849000. Possibly to attract
many offers

– Property description says “Owners would like
to rent back”. So is the price contigent on
them staying in as tenants after the sale ?

Am trying to think of scenarios where owners
would like to sell the home for a loss, but
are willing to rent it back, instead of paying
that money towards the mortgage. Only rationale
I can think of is they expect prices to go down
and hence, want to cash in, but what do I know.

http://www.sdlookup.com/MLS-100062752-10979_Cloverhurst_Way_San_Diego_CA_92130%5B/quote%5D

Just went contingent today. I looked. At $790, it would be a pretty good deal.. However, comps I think it would command $850k. I’m sure it’s a multiple offer scenario.

[Author]

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