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Viewing 11 posts - 1 through 11 (of 11 total)
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  • June 17, 2008 at 9:30 PM #13063
    fm
    Participant

    Check it out, you actually have to pay Redfin to buy this one.

    http://www.redfin.com/CA/San-Diego/6407-Chandler-Dr-92117/home/4968566

    I guess they’ll fix it soon.

    June 18, 2008 at 12:35 AM #224563
    nostradamus
    Participant

    Haha I saw that one too but I think at $53 they are being unrealistic. We haven’t reached bottom yet you know! I would only offer $25.

    June 18, 2008 at 12:35 AM #224669
    nostradamus
    Participant

    Haha I saw that one too but I think at $53 they are being unrealistic. We haven’t reached bottom yet you know! I would only offer $25.

    June 18, 2008 at 12:35 AM #224686
    nostradamus
    Participant

    Haha I saw that one too but I think at $53 they are being unrealistic. We haven’t reached bottom yet you know! I would only offer $25.

    June 18, 2008 at 12:35 AM #224717
    nostradamus
    Participant

    Haha I saw that one too but I think at $53 they are being unrealistic. We haven’t reached bottom yet you know! I would only offer $25.

    June 18, 2008 at 12:35 AM #224731
    nostradamus
    Participant

    Haha I saw that one too but I think at $53 they are being unrealistic. We haven’t reached bottom yet you know! I would only offer $25.

    June 18, 2008 at 8:34 AM #224608
    (former)FormerSanDiegan
    Participant

    AT $53 on the surface it seems like a good deal. With maintenance costs and property tax and insurance, it will cash flow after taxes, maybe $1000 per month.
    BUT, what about the opportunity cost of the $53. I could spend $50 on lottery tickets and win $20 Mil.
    Plus, prices are likely to decline another 9.43396% in this area, costing me another 5 bucks in future losses.
    Why would anyone buy this now when they would be guaranteeing themselves $5 more in losses and passing up the opportunity at $20 Million ?

    June 18, 2008 at 8:34 AM #224713
    (former)FormerSanDiegan
    Participant

    AT $53 on the surface it seems like a good deal. With maintenance costs and property tax and insurance, it will cash flow after taxes, maybe $1000 per month.
    BUT, what about the opportunity cost of the $53. I could spend $50 on lottery tickets and win $20 Mil.
    Plus, prices are likely to decline another 9.43396% in this area, costing me another 5 bucks in future losses.
    Why would anyone buy this now when they would be guaranteeing themselves $5 more in losses and passing up the opportunity at $20 Million ?

    June 18, 2008 at 8:34 AM #224730
    (former)FormerSanDiegan
    Participant

    AT $53 on the surface it seems like a good deal. With maintenance costs and property tax and insurance, it will cash flow after taxes, maybe $1000 per month.
    BUT, what about the opportunity cost of the $53. I could spend $50 on lottery tickets and win $20 Mil.
    Plus, prices are likely to decline another 9.43396% in this area, costing me another 5 bucks in future losses.
    Why would anyone buy this now when they would be guaranteeing themselves $5 more in losses and passing up the opportunity at $20 Million ?

    June 18, 2008 at 8:34 AM #224762
    (former)FormerSanDiegan
    Participant

    AT $53 on the surface it seems like a good deal. With maintenance costs and property tax and insurance, it will cash flow after taxes, maybe $1000 per month.
    BUT, what about the opportunity cost of the $53. I could spend $50 on lottery tickets and win $20 Mil.
    Plus, prices are likely to decline another 9.43396% in this area, costing me another 5 bucks in future losses.
    Why would anyone buy this now when they would be guaranteeing themselves $5 more in losses and passing up the opportunity at $20 Million ?

    June 18, 2008 at 8:34 AM #224775
    (former)FormerSanDiegan
    Participant

    AT $53 on the surface it seems like a good deal. With maintenance costs and property tax and insurance, it will cash flow after taxes, maybe $1000 per month.
    BUT, what about the opportunity cost of the $53. I could spend $50 on lottery tickets and win $20 Mil.
    Plus, prices are likely to decline another 9.43396% in this area, costing me another 5 bucks in future losses.
    Why would anyone buy this now when they would be guaranteeing themselves $5 more in losses and passing up the opportunity at $20 Million ?

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