I seen the Bottom in Temecula

[garysears]

I don’t think a lot of those people are really motivated. I see allegedly motivated sellers listing 50K above identical untits in the same complex. “Motivated” may mean “desperate without equity but I’m still hoping to not lose real dollars”. Also I have noticed some listings that jack the listing price up and down by 100 bucks to keep a fresh “reduced” listing price. I think “motivated” and “price reduced” are only marketing ploys. Ziprealty has created a new search function for the general public for “short sale”. Having said that, I do the same thing.

[bsrsharma]

Well In this case he was motivated enough to respond to a email in 5 minutes.

“Asking price is 498k. We are the lowest priced house in the 3000 sqft range in the area. The appraised value is 565-580k.

What price range are you looking in?”

$167/Sq Ft. Not yet a steal. It may be a good deal @ 400K?

[bsrsharma]

Well In this case he was motivated enough to respond to a email in 5 minutes.

“Asking price is 498k. We are the lowest priced house in the 3000 sqft range in the area. The appraised value is 565-580k.

What price range are you looking in?”

$167/Sq Ft. Not yet a steal. It may be a good deal @ 400K?

[bsrsharma]

Well In this case he was motivated enough to respond to a email in 5 minutes.

“Asking price is 498k. We are the lowest priced house in the 3000 sqft range in the area. The appraised value is 565-580k.

What price range are you looking in?”

$167/Sq Ft. Not yet a steal. It may be a good deal @ 400K?

[Navydoc]

Wow, offered at $0? I think I can actually afford this one. Now if only the commute to downtown wasn’t so long. Oh well, at that price I can charter a helicopter to work.

[Navydoc]

Wow, offered at $0? I think I can actually afford this one. Now if only the commute to downtown wasn’t so long. Oh well, at that price I can charter a helicopter to work.

[Navydoc]

Wow, offered at $0? I think I can actually afford this one. Now if only the commute to downtown wasn’t so long. Oh well, at that price I can charter a helicopter to work.

[bsrsharma]

How about this gem 5 minutes later? (I didn’t reply to the first one)

“Sorry, disregard the last price I sent, it is a typo. The asking price is 489K not 498K”

I feel I may get a 479K or 469K email soon! Anyone still doubting the meltdown?

[bsrsharma]

How about this gem 5 minutes later? (I didn’t reply to the first one)

“Sorry, disregard the last price I sent, it is a typo. The asking price is 489K not 498K”

I feel I may get a 479K or 469K email soon! Anyone still doubting the meltdown?

[bsrsharma]

How about this gem 5 minutes later? (I didn’t reply to the first one)

“Sorry, disregard the last price I sent, it is a typo. The asking price is 489K not 498K”

I feel I may get a 479K or 469K email soon! Anyone still doubting the meltdown?

[gn]

By the time the dust settles, this house or houses equivalent to it will go for a lot less than $400k.

[gn]

By the time the dust settles, this house or houses equivalent to it will go for a lot less than $400k.

[gn]

By the time the dust settles, this house or houses equivalent to it will go for a lot less than $400k.

[bsrsharma]

“lot less than $400k”

Yes; Aug ’07: $400K, By Aug ’08, about $300K. If it goes below $300K, the cancer has spread beyond housing.

[bsrsharma]

“lot less than $400k”

Yes; Aug ’07: $400K, By Aug ’08, about $300K. If it goes below $300K, the cancer has spread beyond housing.

[Author]

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