Great Clairemont deal! LOL

[fm]

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.

[nostradamus]

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.

[nostradamus]

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.

[nostradamus]

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.

[nostradamus]

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.

[nostradamus]

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.

[(former)FormerSanDiegan]

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 ?

[(former)FormerSanDiegan]

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 ?

[(former)FormerSanDiegan]

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 ?

[(former)FormerSanDiegan]

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 ?

[(former)FormerSanDiegan]

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 ?

[Author]

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