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- This topic has 1,005 replies, 28 voices, and was last updated 15 years, 8 months ago by poway_seller.
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May 8, 2008 at 10:40 PM #201717May 9, 2008 at 11:00 AM #201773poway_sellerParticipant
5915 new status went to CANCELLED today (maybe they are getting ready to change it to pending or sold?)
The house on Norman Ln is still pending, but rumor is bank accepted short sale of $950,000… and original homeowner walked away with extra $400,000 from cash out mortgage they gave him (original purchase was $865,000, refinanced $1.3M+, so he kept the extra cash). Supposedly when the house next door (on Norman) closed the bank had no choice but to accept the significantly reduced short sale.
May 9, 2008 at 11:00 AM #201819poway_sellerParticipant5915 new status went to CANCELLED today (maybe they are getting ready to change it to pending or sold?)
The house on Norman Ln is still pending, but rumor is bank accepted short sale of $950,000… and original homeowner walked away with extra $400,000 from cash out mortgage they gave him (original purchase was $865,000, refinanced $1.3M+, so he kept the extra cash). Supposedly when the house next door (on Norman) closed the bank had no choice but to accept the significantly reduced short sale.
May 9, 2008 at 11:00 AM #201845poway_sellerParticipant5915 new status went to CANCELLED today (maybe they are getting ready to change it to pending or sold?)
The house on Norman Ln is still pending, but rumor is bank accepted short sale of $950,000… and original homeowner walked away with extra $400,000 from cash out mortgage they gave him (original purchase was $865,000, refinanced $1.3M+, so he kept the extra cash). Supposedly when the house next door (on Norman) closed the bank had no choice but to accept the significantly reduced short sale.
May 9, 2008 at 11:00 AM #201870poway_sellerParticipant5915 new status went to CANCELLED today (maybe they are getting ready to change it to pending or sold?)
The house on Norman Ln is still pending, but rumor is bank accepted short sale of $950,000… and original homeowner walked away with extra $400,000 from cash out mortgage they gave him (original purchase was $865,000, refinanced $1.3M+, so he kept the extra cash). Supposedly when the house next door (on Norman) closed the bank had no choice but to accept the significantly reduced short sale.
May 9, 2008 at 11:00 AM #201905poway_sellerParticipant5915 new status went to CANCELLED today (maybe they are getting ready to change it to pending or sold?)
The house on Norman Ln is still pending, but rumor is bank accepted short sale of $950,000… and original homeowner walked away with extra $400,000 from cash out mortgage they gave him (original purchase was $865,000, refinanced $1.3M+, so he kept the extra cash). Supposedly when the house next door (on Norman) closed the bank had no choice but to accept the significantly reduced short sale.
May 10, 2008 at 10:45 AM #202053AnonymousGuestJust saw that it (5915 Madra) is no longer listed in MLS.
May 10, 2008 at 10:45 AM #202099AnonymousGuestJust saw that it (5915 Madra) is no longer listed in MLS.
May 10, 2008 at 10:45 AM #202127AnonymousGuestJust saw that it (5915 Madra) is no longer listed in MLS.
May 10, 2008 at 10:45 AM #202151AnonymousGuestJust saw that it (5915 Madra) is no longer listed in MLS.
May 10, 2008 at 10:45 AM #202184AnonymousGuestJust saw that it (5915 Madra) is no longer listed in MLS.
May 12, 2008 at 11:11 PM #203186macmichaelParticipant“Koolaid drinking Realtard lists her own house.” What has she been toking? I couldn’t help but comment on this one.
5918 Madra 3102 sq ft bought 7/05 for $ 799 just listed for get this $ 1.3 – $ 1.375 M. Most expensive listing in DC.
Remodeled yes, probably put in about $ 200K maybe 250K, maybe less because apparently hubby is in contracting. So lets say cost basis is $ 1.0 M and they have enjoyed living in it for about 1 1/2 years after the remodel so there is some wear and tear.
Now as we all know houses have declined in value even in DC. So lets say today in original condition it would go for $ 725 – $ 750. Then add in the remodel and reduce for wear. Maybe $ 950 – 1.0 M. Even $ 1.025 – 1.05 pushing it, but $ 1.3m +. Talk about delusional and wanting to make profit.
For those familiar with DC and compared to houses on Norman, Dwayne, Overlook streets. What is she thinking. Her house is on the worst part of Madra, not far from the REO special at 5825 Madra, but luckily on the opposite side. Oh well lets wish her the best.
May 12, 2008 at 11:11 PM #203235macmichaelParticipant“Koolaid drinking Realtard lists her own house.” What has she been toking? I couldn’t help but comment on this one.
5918 Madra 3102 sq ft bought 7/05 for $ 799 just listed for get this $ 1.3 – $ 1.375 M. Most expensive listing in DC.
Remodeled yes, probably put in about $ 200K maybe 250K, maybe less because apparently hubby is in contracting. So lets say cost basis is $ 1.0 M and they have enjoyed living in it for about 1 1/2 years after the remodel so there is some wear and tear.
Now as we all know houses have declined in value even in DC. So lets say today in original condition it would go for $ 725 – $ 750. Then add in the remodel and reduce for wear. Maybe $ 950 – 1.0 M. Even $ 1.025 – 1.05 pushing it, but $ 1.3m +. Talk about delusional and wanting to make profit.
For those familiar with DC and compared to houses on Norman, Dwayne, Overlook streets. What is she thinking. Her house is on the worst part of Madra, not far from the REO special at 5825 Madra, but luckily on the opposite side. Oh well lets wish her the best.
May 12, 2008 at 11:11 PM #203261macmichaelParticipant“Koolaid drinking Realtard lists her own house.” What has she been toking? I couldn’t help but comment on this one.
5918 Madra 3102 sq ft bought 7/05 for $ 799 just listed for get this $ 1.3 – $ 1.375 M. Most expensive listing in DC.
Remodeled yes, probably put in about $ 200K maybe 250K, maybe less because apparently hubby is in contracting. So lets say cost basis is $ 1.0 M and they have enjoyed living in it for about 1 1/2 years after the remodel so there is some wear and tear.
Now as we all know houses have declined in value even in DC. So lets say today in original condition it would go for $ 725 – $ 750. Then add in the remodel and reduce for wear. Maybe $ 950 – 1.0 M. Even $ 1.025 – 1.05 pushing it, but $ 1.3m +. Talk about delusional and wanting to make profit.
For those familiar with DC and compared to houses on Norman, Dwayne, Overlook streets. What is she thinking. Her house is on the worst part of Madra, not far from the REO special at 5825 Madra, but luckily on the opposite side. Oh well lets wish her the best.
May 12, 2008 at 11:11 PM #203284macmichaelParticipant“Koolaid drinking Realtard lists her own house.” What has she been toking? I couldn’t help but comment on this one.
5918 Madra 3102 sq ft bought 7/05 for $ 799 just listed for get this $ 1.3 – $ 1.375 M. Most expensive listing in DC.
Remodeled yes, probably put in about $ 200K maybe 250K, maybe less because apparently hubby is in contracting. So lets say cost basis is $ 1.0 M and they have enjoyed living in it for about 1 1/2 years after the remodel so there is some wear and tear.
Now as we all know houses have declined in value even in DC. So lets say today in original condition it would go for $ 725 – $ 750. Then add in the remodel and reduce for wear. Maybe $ 950 – 1.0 M. Even $ 1.025 – 1.05 pushing it, but $ 1.3m +. Talk about delusional and wanting to make profit.
For those familiar with DC and compared to houses on Norman, Dwayne, Overlook streets. What is she thinking. Her house is on the worst part of Madra, not far from the REO special at 5825 Madra, but luckily on the opposite side. Oh well lets wish her the best.
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