Del Cerro View Homes

[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?

[Anonymous]

KamFongasChinHO, so what is your conclusion on the 6486
Dwane closure, who was the clear winner or loser in the deal the buyer or the seller and what are your reasons??? and with a price of $258 per square foot , is that a good benchmark for buying properties in Del Cerro ? or should we see lower prices per sq foot ? much appreciated,

Vulture

[Anonymous]

KamFongasChinHO, so what is your conclusion on the 6486
Dwane closure, who was the clear winner or loser in the deal the buyer or the seller and what are your reasons??? and with a price of $258 per square foot , is that a good benchmark for buying properties in Del Cerro ? or should we see lower prices per sq foot ? much appreciated,

Vulture

[Anonymous]

KamFongasChinHO, so what is your conclusion on the 6486
Dwane closure, who was the clear winner or loser in the deal the buyer or the seller and what are your reasons??? and with a price of $258 per square foot , is that a good benchmark for buying properties in Del Cerro ? or should we see lower prices per sq foot ? much appreciated,

Vulture

[Anonymous]

KamFongasChinHO, so what is your conclusion on the 6486
Dwane closure, who was the clear winner or loser in the deal the buyer or the seller and what are your reasons??? and with a price of $258 per square foot , is that a good benchmark for buying properties in Del Cerro ? or should we see lower prices per sq foot ? much appreciated,

Vulture

[Anonymous]

KamFongasChinHO, so what is your conclusion on the 6486
Dwane closure, who was the clear winner or loser in the deal the buyer or the seller and what are your reasons??? and with a price of $258 per square foot , is that a good benchmark for buying properties in Del Cerro ? or should we see lower prices per sq foot ? much appreciated,

Vulture

[poway_seller]

Vulture, if you ask that type of question on a Forum like this, the answer will ALWAYS be the buyer paid too much and prices should be under $200, or under $150, or under whatever price was actually paid. So, your answer from someone named KamFongasChinHO should bear no weight – whatsoever!

IMHO, the winner here was both parties. The buyer got a great home in a great neighborhood for a really fair price. Whether they underpaid or overpaid is of little consequence over the long term for this buyer who likely will live there for a long time. The seller won as well because they likely paid just a few hundred thousand for the home a long time ago, enjoyed it for many many years, raised their kids in it, and now have over $1.1m to buy a downsized home to live out their retirement. The agents won because they got 5% or more on the deal. There were no losers on this transaction.

Lastly, to take a square footage price and use that as a benchmark for other purchases is not logical (at least not on a single property). Hence the term is ‘comps’, not ‘comp’

[poway_seller]

Vulture, if you ask that type of question on a Forum like this, the answer will ALWAYS be the buyer paid too much and prices should be under $200, or under $150, or under whatever price was actually paid. So, your answer from someone named KamFongasChinHO should bear no weight – whatsoever!

IMHO, the winner here was both parties. The buyer got a great home in a great neighborhood for a really fair price. Whether they underpaid or overpaid is of little consequence over the long term for this buyer who likely will live there for a long time. The seller won as well because they likely paid just a few hundred thousand for the home a long time ago, enjoyed it for many many years, raised their kids in it, and now have over $1.1m to buy a downsized home to live out their retirement. The agents won because they got 5% or more on the deal. There were no losers on this transaction.

Lastly, to take a square footage price and use that as a benchmark for other purchases is not logical (at least not on a single property). Hence the term is ‘comps’, not ‘comp’

[poway_seller]

Vulture, if you ask that type of question on a Forum like this, the answer will ALWAYS be the buyer paid too much and prices should be under $200, or under $150, or under whatever price was actually paid. So, your answer from someone named KamFongasChinHO should bear no weight – whatsoever!

IMHO, the winner here was both parties. The buyer got a great home in a great neighborhood for a really fair price. Whether they underpaid or overpaid is of little consequence over the long term for this buyer who likely will live there for a long time. The seller won as well because they likely paid just a few hundred thousand for the home a long time ago, enjoyed it for many many years, raised their kids in it, and now have over $1.1m to buy a downsized home to live out their retirement. The agents won because they got 5% or more on the deal. There were no losers on this transaction.

Lastly, to take a square footage price and use that as a benchmark for other purchases is not logical (at least not on a single property). Hence the term is ‘comps’, not ‘comp’

[poway_seller]

Vulture, if you ask that type of question on a Forum like this, the answer will ALWAYS be the buyer paid too much and prices should be under $200, or under $150, or under whatever price was actually paid. So, your answer from someone named KamFongasChinHO should bear no weight – whatsoever!

IMHO, the winner here was both parties. The buyer got a great home in a great neighborhood for a really fair price. Whether they underpaid or overpaid is of little consequence over the long term for this buyer who likely will live there for a long time. The seller won as well because they likely paid just a few hundred thousand for the home a long time ago, enjoyed it for many many years, raised their kids in it, and now have over $1.1m to buy a downsized home to live out their retirement. The agents won because they got 5% or more on the deal. There were no losers on this transaction.

Lastly, to take a square footage price and use that as a benchmark for other purchases is not logical (at least not on a single property). Hence the term is ‘comps’, not ‘comp’

[poway_seller]

Vulture, if you ask that type of question on a Forum like this, the answer will ALWAYS be the buyer paid too much and prices should be under $200, or under $150, or under whatever price was actually paid. So, your answer from someone named KamFongasChinHO should bear no weight – whatsoever!

IMHO, the winner here was both parties. The buyer got a great home in a great neighborhood for a really fair price. Whether they underpaid or overpaid is of little consequence over the long term for this buyer who likely will live there for a long time. The seller won as well because they likely paid just a few hundred thousand for the home a long time ago, enjoyed it for many many years, raised their kids in it, and now have over $1.1m to buy a downsized home to live out their retirement. The agents won because they got 5% or more on the deal. There were no losers on this transaction.

Lastly, to take a square footage price and use that as a benchmark for other purchases is not logical (at least not on a single property). Hence the term is ‘comps’, not ‘comp’

[Anonymous]

poway_seller

thanks for your views which are logical and correct, Del Cerro seems like a lovely area worth investing in,
especially in downturn times like this.

Vulture

[Anonymous]

poway_seller

thanks for your views which are logical and correct, Del Cerro seems like a lovely area worth investing in,
especially in downturn times like this.

Vulture

[Anonymous]

poway_seller

thanks for your views which are logical and correct, Del Cerro seems like a lovely area worth investing in,
especially in downturn times like this.

Vulture

[Anonymous]

poway_seller

thanks for your views which are logical and correct, Del Cerro seems like a lovely area worth investing in,
especially in downturn times like this.

Vulture

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