Del Cerro View Homes

[macmichael]

It was interesting, the realtor ( Realtard ? ) was a women who was not familar with the area, nor do I believe had she ever sold anything in Del Cerro. From her appearance and attitude appeared to be more at home in La Jolla, 4S, RSF or one of those areas where if ( in the old days )you had to ask the price you shouldn’t be shopping at that store or neighborhood.

Anyone attuned to Del Cerro at the time knew she was $ 200 – 300K too high ( except her ). It is probable that she might have got her client $ 1.2 or perhaps a little more if she could have generated some early on interest. Yet, the high listing price was a total turn off. Its probable that she was a “friend” of the seller. Choosing a friend in this case may have cost the seller $ 50K or so.

[poway_seller]

the sellers have lived in that home for a very long time, kids are out of the house, likely just downsizing…probably not overly concerned with the amount left on the table by hiring a “friend”. If they didn’t get this price or higher, they very likely would have just taken it off the market and stayed in the home.

The Norman Ln place is likely to close around $950,000 soon, bank approved short sale (the current owner is Ensenada man who cashed out over $450,000 and although he never got his asking price that last few years, he did get to keep this extra $450,000+, minus the cost of ownership (mortgage and property tax). For him it was still a profitable deal – go figure!

[poway_seller]

the sellers have lived in that home for a very long time, kids are out of the house, likely just downsizing…probably not overly concerned with the amount left on the table by hiring a “friend”. If they didn’t get this price or higher, they very likely would have just taken it off the market and stayed in the home.

The Norman Ln place is likely to close around $950,000 soon, bank approved short sale (the current owner is Ensenada man who cashed out over $450,000 and although he never got his asking price that last few years, he did get to keep this extra $450,000+, minus the cost of ownership (mortgage and property tax). For him it was still a profitable deal – go figure!

[poway_seller]

the sellers have lived in that home for a very long time, kids are out of the house, likely just downsizing…probably not overly concerned with the amount left on the table by hiring a “friend”. If they didn’t get this price or higher, they very likely would have just taken it off the market and stayed in the home.

The Norman Ln place is likely to close around $950,000 soon, bank approved short sale (the current owner is Ensenada man who cashed out over $450,000 and although he never got his asking price that last few years, he did get to keep this extra $450,000+, minus the cost of ownership (mortgage and property tax). For him it was still a profitable deal – go figure!

[poway_seller]

the sellers have lived in that home for a very long time, kids are out of the house, likely just downsizing…probably not overly concerned with the amount left on the table by hiring a “friend”. If they didn’t get this price or higher, they very likely would have just taken it off the market and stayed in the home.

The Norman Ln place is likely to close around $950,000 soon, bank approved short sale (the current owner is Ensenada man who cashed out over $450,000 and although he never got his asking price that last few years, he did get to keep this extra $450,000+, minus the cost of ownership (mortgage and property tax). For him it was still a profitable deal – go figure!

[poway_seller]

the sellers have lived in that home for a very long time, kids are out of the house, likely just downsizing…probably not overly concerned with the amount left on the table by hiring a “friend”. If they didn’t get this price or higher, they very likely would have just taken it off the market and stayed in the home.

The Norman Ln place is likely to close around $950,000 soon, bank approved short sale (the current owner is Ensenada man who cashed out over $450,000 and although he never got his asking price that last few years, he did get to keep this extra $450,000+, minus the cost of ownership (mortgage and property tax). For him it was still a profitable deal – go figure!

[macmichael]

poway

hear anything on the Norman tear down rebuild steel art project special

[macmichael]

poway

hear anything on the Norman tear down rebuild steel art project special

[macmichael]

poway

hear anything on the Norman tear down rebuild steel art project special

[macmichael]

poway

hear anything on the Norman tear down rebuild steel art project special

[macmichael]

poway

hear anything on the Norman tear down rebuild steel art project special

[poway_seller]

nada, zilch, nothing… I’ve even gone so far as to lookup the owners on Google and can’t find a record of them anywhere to ask them the status. looks like no further work has taken place there for quite some time. Surely they will soon default on their loan and eventually it will be foreclosed on (???). How does it work when there is no more house?

Seems to be little incentive for them to keep it after paying nearly a million for the house, then turning it in a an art project… to get it back to a home will cost hundreds of thousands more… and they will be in over $1.5M for it, and even at that point it will only be worth $1M or less.

am i missing something?

[poway_seller]

nada, zilch, nothing… I’ve even gone so far as to lookup the owners on Google and can’t find a record of them anywhere to ask them the status. looks like no further work has taken place there for quite some time. Surely they will soon default on their loan and eventually it will be foreclosed on (???). How does it work when there is no more house?

Seems to be little incentive for them to keep it after paying nearly a million for the house, then turning it in a an art project… to get it back to a home will cost hundreds of thousands more… and they will be in over $1.5M for it, and even at that point it will only be worth $1M or less.

am i missing something?

[poway_seller]

nada, zilch, nothing… I’ve even gone so far as to lookup the owners on Google and can’t find a record of them anywhere to ask them the status. looks like no further work has taken place there for quite some time. Surely they will soon default on their loan and eventually it will be foreclosed on (???). How does it work when there is no more house?

Seems to be little incentive for them to keep it after paying nearly a million for the house, then turning it in a an art project… to get it back to a home will cost hundreds of thousands more… and they will be in over $1.5M for it, and even at that point it will only be worth $1M or less.

am i missing something?

[poway_seller]

nada, zilch, nothing… I’ve even gone so far as to lookup the owners on Google and can’t find a record of them anywhere to ask them the status. looks like no further work has taken place there for quite some time. Surely they will soon default on their loan and eventually it will be foreclosed on (???). How does it work when there is no more house?

Seems to be little incentive for them to keep it after paying nearly a million for the house, then turning it in a an art project… to get it back to a home will cost hundreds of thousands more… and they will be in over $1.5M for it, and even at that point it will only be worth $1M or less.

am i missing something?

[Author]

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