Home › Forums › Closed Forums › Properties or Areas › Mira Mesa, 7424 Mason Heights Ln, $464K
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nostradamus.
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August 7, 2008 at 9:25 PM #254695August 11, 2008 at 8:53 AM #255642
jimmyle
ParticipantI 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 #255819jimmyle
ParticipantI 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 #255823jimmyle
ParticipantI 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 #255882jimmyle
ParticipantI 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 #255930jimmyle
ParticipantI 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 #255776an
Participant[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 #255954an
Participant[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 #255958an
Participant[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 #256018an
Participant[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 #256066an
Participant[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 #255961urbanrealtor
Participant[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 #256139urbanrealtor
Participant[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 #256143urbanrealtor
Participant[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 #256202urbanrealtor
Participant[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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