Home › Forums › Closed Forums › Properties or Areas › Mira Mesa, 7424 Mason Heights Ln, $464K
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August 7, 2008 at 9:25 PM #254695August 11, 2008 at 8:53 AM #255642jimmyleParticipant
I wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
August 11, 2008 at 8:53 AM #255819jimmyleParticipantI wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
August 11, 2008 at 8:53 AM #255823jimmyleParticipantI wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
August 11, 2008 at 8:53 AM #255882jimmyleParticipantI wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
August 11, 2008 at 8:53 AM #255930jimmyleParticipantI wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
August 11, 2008 at 2:03 PM #255776anParticipant[quote=jimmyle]I wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[/quote]
Forecast to me is futile. Personally, I think this house should be worth around 400-430k at today’s interest rate. If rate goes higher, price will have to go lower for me. Whether it’ll get down to that price by the end of 2009 is anyone’s guess.August 11, 2008 at 2:03 PM #255954anParticipant[quote=jimmyle]I wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[/quote]
Forecast to me is futile. Personally, I think this house should be worth around 400-430k at today’s interest rate. If rate goes higher, price will have to go lower for me. Whether it’ll get down to that price by the end of 2009 is anyone’s guess.August 11, 2008 at 2:03 PM #255958anParticipant[quote=jimmyle]I wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[/quote]
Forecast to me is futile. Personally, I think this house should be worth around 400-430k at today’s interest rate. If rate goes higher, price will have to go lower for me. Whether it’ll get down to that price by the end of 2009 is anyone’s guess.August 11, 2008 at 2:03 PM #256018anParticipant[quote=jimmyle]I wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[/quote]
Forecast to me is futile. Personally, I think this house should be worth around 400-430k at today’s interest rate. If rate goes higher, price will have to go lower for me. Whether it’ll get down to that price by the end of 2009 is anyone’s guess.August 11, 2008 at 2:03 PM #256066anParticipant[quote=jimmyle]I wonder what are the reasons? Realtors probably know that the buyers need 15 to 20% down and a $130K pre-tax income to buy this house.
Asianautica, do you see this house (or something similar) going to $450K near the end of 2009?
[/quote]
Forecast to me is futile. Personally, I think this house should be worth around 400-430k at today’s interest rate. If rate goes higher, price will have to go lower for me. Whether it’ll get down to that price by the end of 2009 is anyone’s guess.August 12, 2008 at 12:59 AM #255961urbanrealtorParticipant[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
In general, it is a good idea to leave a short sale active until actual signed lender approval and perhaps even contingency removal.
My opinion but those ones seem to get enough offers and actually close. Granted my area focus is the urban core. Just an observation.
August 12, 2008 at 12:59 AM #256139urbanrealtorParticipant[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
In general, it is a good idea to leave a short sale active until actual signed lender approval and perhaps even contingency removal.
My opinion but those ones seem to get enough offers and actually close. Granted my area focus is the urban core. Just an observation.
August 12, 2008 at 12:59 AM #256143urbanrealtorParticipant[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
In general, it is a good idea to leave a short sale active until actual signed lender approval and perhaps even contingency removal.
My opinion but those ones seem to get enough offers and actually close. Granted my area focus is the urban core. Just an observation.
August 12, 2008 at 12:59 AM #256202urbanrealtorParticipant[quote=asianautica]Mason is now BOM. This one has been in and out of escrow so many times, I lost count.[/quote]
In general, it is a good idea to leave a short sale active until actual signed lender approval and perhaps even contingency removal.
My opinion but those ones seem to get enough offers and actually close. Granted my area focus is the urban core. Just an observation.
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