Home › Forums › Closed Forums › Properties or Areas › Mira Mesa–11366-Alvarez-Meadow-Ct-92126
- This topic has 15 replies, 11 voices, and was last updated 12 years ago by
an.
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May 9, 2012 at 8:16 AM #19779May 9, 2012 at 8:30 AM #743348
sdrealtor
ParticipantSource says Crmls. That means not in local MLS and out of area agent that doesn’t know the local market
May 9, 2012 at 8:32 AM #743349UCGal
ParticipantIt says right on the link you gave that it’s a short sale (look to the right of the pictures.
And it looks like, other than price, they’re not really marketing it… Pictures of toilets and of junk piled on top of washing machines? C’mon….
I suspect they already have a buyer picked out. Nothing to base that on other than crappy photos.
May 9, 2012 at 9:08 AM #743351briansd1
GuestIf you know the market better than the agent, why not submit an offer?
I was able to buy a buy at about 15% under market. I believe that I got a good deal. The listing agent was from out of town.
May 9, 2012 at 10:19 AM #743355enron_by_the_sea
ParticipantAssuming there is no structural flaw in the house, definitely under the market!
Maybe a little short sale fraud in progress?
May 9, 2012 at 10:49 AM #743358an
ParticipantIt’s not always that easy brian. I know, I’ve tried MANY times.
May 9, 2012 at 11:26 AM #743364GuestYeah, not easy, but it doesn’t hurt to make an offer. There’s no cost to that, and you might get lucky.
On my deal, a traditional organic sale where the listing agent was from out of town, I was the first offer and it was promptly accepted. I believe the seller accepted too soon.
On another deal, a short sale, I was the backup offer and I got that one too. It took about 4 months to close.
I didn’t get my hopes up, but I got lucky.
May 10, 2012 at 12:06 PM #743474Wah-Wah
Participantlook like somebody needs to learn how to use the camera.
May 10, 2012 at 3:47 PM #743501
CoronitaParticipant[quote=Wah-Wah]look like somebody needs to learn how to use the camera.[/quote]
No they don’t because chances are the property itself sells itself and I bet it goes contingent already.
May 11, 2012 at 4:21 PM #743624poorgradstudent
Participant[quote=Wah-Wah]look like somebody needs to learn how to use the camera.[/quote]
This is true of a lot of MLS listings I’ve seen online. I’ve seen plenty of properties with nothing but camera phone pictures.May 11, 2012 at 4:26 PM #743626ParticipantFWIW I checked the comps and the price is about $100K too low. They can list it for whatever they want but any lender with half a brain will demand around 450K if not more.
May 11, 2012 at 4:37 PM #743630SD Realtor
Participantpipecleaner
May 11, 2012 at 7:18 PM #743638ltsddd
Participantdel
May 12, 2012 at 9:42 PM #743631Participant[quote=sdrealtor]FWIW I checked the comps and the price is about $100K too low. They can list it for whatever they want but any lender with half a brain will demand around 450K if not more.[/quote]
Yep, the comps is around $450k. I’d be very surprised if the closing price is anywhere near the list price. Here’s a good comp that just closed today. http://www.sdlookup.com/MLS-120018197-11361_Dennig_Pl_San_Diego_CA_92126May 14, 2012 at 12:15 PM #743771Participant[quote=AN][quote=sdrealtor]FWIW I checked the comps and the price is about $100K too low. They can list it for whatever they want but any lender with half a brain will demand around 450K if not more.[/quote]
Yep, the comps is around $450k. I’d be very surprised if the closing price is anywhere near the list price. Here’s a good comp that just closed today. http://www.sdlookup.com/MLS-120018197-11361_Dennig_Pl_San_Diego_CA_92126%5B/quote%5Dhi AN,
do you have the listing price history of this short sale. Look like the owner tried to sell this since june last year, and it was in pending twice before it sold.
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