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  • January 13, 2008 at 3:14 PM #135459
    not-so-average-joe
    Participant

    The sold prices from builders are not trustable sometimes. I have a friend who just bought a 2600sf house from a small builder at carmel valley with 50k discount off the lower range. However, the builder required to set the transaction price at 20k above the lower range, with a 70k cash back to my friend…

    That’s an interesting story. That builder had a really
    hard time selling the unit and when I saw the closing price,
    I was a little surprised to see the number over the lower range. So 855k it was.

    January 13, 2008 at 4:12 PM #135173
    dejams
    Participant

    sdhome, can you disclose the name of the builder? I am currently a renter but don’t mind making a purchase if the price is right. Thanks.

    January 13, 2008 at 4:12 PM #135369
    dejams
    Participant

    sdhome, can you disclose the name of the builder? I am currently a renter but don’t mind making a purchase if the price is right. Thanks.

    January 13, 2008 at 4:12 PM #135371
    dejams
    Participant

    sdhome, can you disclose the name of the builder? I am currently a renter but don’t mind making a purchase if the price is right. Thanks.

    January 13, 2008 at 4:12 PM #135426
    dejams
    Participant

    sdhome, can you disclose the name of the builder? I am currently a renter but don’t mind making a purchase if the price is right. Thanks.

    January 13, 2008 at 4:12 PM #135469
    dejams
    Participant

    sdhome, can you disclose the name of the builder? I am currently a renter but don’t mind making a purchase if the price is right. Thanks.

    January 13, 2008 at 4:56 PM #135200
    SD Realtor
    Participant

    I am sorry but I am more then a little skeptical that the lender will allow 70k in cash to come back to anybody. I can see upgrades and incentives but again, if 70k came back in cash…. well… I just don’t see it. Like I said, I am skeptical.

    SD Realtor

    January 13, 2008 at 4:56 PM #135398
    SD Realtor
    Participant

    I am sorry but I am more then a little skeptical that the lender will allow 70k in cash to come back to anybody. I can see upgrades and incentives but again, if 70k came back in cash…. well… I just don’t see it. Like I said, I am skeptical.

    SD Realtor

    January 13, 2008 at 4:56 PM #135401
    SD Realtor
    Participant

    I am sorry but I am more then a little skeptical that the lender will allow 70k in cash to come back to anybody. I can see upgrades and incentives but again, if 70k came back in cash…. well… I just don’t see it. Like I said, I am skeptical.

    SD Realtor

    January 13, 2008 at 4:56 PM #135456
    SD Realtor
    Participant

    I am sorry but I am more then a little skeptical that the lender will allow 70k in cash to come back to anybody. I can see upgrades and incentives but again, if 70k came back in cash…. well… I just don’t see it. Like I said, I am skeptical.

    SD Realtor

    January 13, 2008 at 4:56 PM #135498
    SD Realtor
    Participant

    I am sorry but I am more then a little skeptical that the lender will allow 70k in cash to come back to anybody. I can see upgrades and incentives but again, if 70k came back in cash…. well… I just don’t see it. Like I said, I am skeptical.

    SD Realtor

    January 13, 2008 at 6:41 PM #135237
    CVFanGirl
    Participant

    I have a friend in Saratoga who just got their automated value back on their equity loan. It isn’t what they paid for the home and all it’s accoutrements, that’s for sure. in fact it’s about 140k below purchase (including landscaping)

    My question is, what IS an automated value? Is the quote they were given going to stick or is there a chance that a live person appraisal will come in at a higher number?

    That could tell us something useful perhaps about the state of CCHighlands

    January 13, 2008 at 6:41 PM #135433
    CVFanGirl
    Participant

    I have a friend in Saratoga who just got their automated value back on their equity loan. It isn’t what they paid for the home and all it’s accoutrements, that’s for sure. in fact it’s about 140k below purchase (including landscaping)

    My question is, what IS an automated value? Is the quote they were given going to stick or is there a chance that a live person appraisal will come in at a higher number?

    That could tell us something useful perhaps about the state of CCHighlands

    January 13, 2008 at 6:41 PM #135436
    CVFanGirl
    Participant

    I have a friend in Saratoga who just got their automated value back on their equity loan. It isn’t what they paid for the home and all it’s accoutrements, that’s for sure. in fact it’s about 140k below purchase (including landscaping)

    My question is, what IS an automated value? Is the quote they were given going to stick or is there a chance that a live person appraisal will come in at a higher number?

    That could tell us something useful perhaps about the state of CCHighlands

    January 13, 2008 at 6:41 PM #135491
    CVFanGirl
    Participant

    I have a friend in Saratoga who just got their automated value back on their equity loan. It isn’t what they paid for the home and all it’s accoutrements, that’s for sure. in fact it’s about 140k below purchase (including landscaping)

    My question is, what IS an automated value? Is the quote they were given going to stick or is there a chance that a live person appraisal will come in at a higher number?

    That could tell us something useful perhaps about the state of CCHighlands

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