Home › Forums › Closed Forums › Properties or Areas › Mira Mesa dropping real fast, 10634 Kemerton Rd.
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August 3, 2011 at 10:44 AM #715842August 3, 2011 at 11:01 AM #714637sdrealtorParticipant
4% annualized return (roughly nominal inflation) since 1992 which was basically at the time of the last crash and near a prior bottom. That passes a smell check.
August 3, 2011 at 11:01 AM #714728sdrealtorParticipant4% annualized return (roughly nominal inflation) since 1992 which was basically at the time of the last crash and near a prior bottom. That passes a smell check.
August 3, 2011 at 11:01 AM #715331sdrealtorParticipant4% annualized return (roughly nominal inflation) since 1992 which was basically at the time of the last crash and near a prior bottom. That passes a smell check.
August 3, 2011 at 11:01 AM #715485sdrealtorParticipant4% annualized return (roughly nominal inflation) since 1992 which was basically at the time of the last crash and near a prior bottom. That passes a smell check.
August 3, 2011 at 11:01 AM #715847sdrealtorParticipant4% annualized return (roughly nominal inflation) since 1992 which was basically at the time of the last crash and near a prior bottom. That passes a smell check.
August 3, 2011 at 11:05 AM #714642ninaprincessParticipantBrian,
How did you find all of these info?
Why take out so much cash out of the house? there are many short sale/foreclosed houses that were bought 20 years ago. I have no sympathy for them. They probably bought vacations, expensive cars, boats. I have a coworker that made around $60,000 but refinanced in 2006 to by a 20′ fishing boat and a big Ford truck to pull it. All together it cost him around $60k for a boat that he uses two times a year. Docking for the boat is $200 a month.
[quote=briansd1][quote=ninaprincess]
http://www.sdlookup.com/MLS-110029301-10634_Kemerton_Rd_San_Diego_CA_92126
[/quote]Interesting the buyer bought through Zip Realty.
The buyer found and bought this good deal throught a discount broker. They paid $10,000 under the list price. Who said you need a full service broker?
Also interesting to note that the previous owners bought the house on 09/10/1992 for $212,958 then refied/heloc and lost the house to foreclosure.
So much for paying-off the mortgage. Only if cashing-out in a refi were not so easy, these people might have been saved from themselves.[/quote]
August 3, 2011 at 11:05 AM #714733ninaprincessParticipantBrian,
How did you find all of these info?
Why take out so much cash out of the house? there are many short sale/foreclosed houses that were bought 20 years ago. I have no sympathy for them. They probably bought vacations, expensive cars, boats. I have a coworker that made around $60,000 but refinanced in 2006 to by a 20′ fishing boat and a big Ford truck to pull it. All together it cost him around $60k for a boat that he uses two times a year. Docking for the boat is $200 a month.
[quote=briansd1][quote=ninaprincess]
http://www.sdlookup.com/MLS-110029301-10634_Kemerton_Rd_San_Diego_CA_92126
[/quote]Interesting the buyer bought through Zip Realty.
The buyer found and bought this good deal throught a discount broker. They paid $10,000 under the list price. Who said you need a full service broker?
Also interesting to note that the previous owners bought the house on 09/10/1992 for $212,958 then refied/heloc and lost the house to foreclosure.
So much for paying-off the mortgage. Only if cashing-out in a refi were not so easy, these people might have been saved from themselves.[/quote]
August 3, 2011 at 11:05 AM #715336ninaprincessParticipantBrian,
How did you find all of these info?
Why take out so much cash out of the house? there are many short sale/foreclosed houses that were bought 20 years ago. I have no sympathy for them. They probably bought vacations, expensive cars, boats. I have a coworker that made around $60,000 but refinanced in 2006 to by a 20′ fishing boat and a big Ford truck to pull it. All together it cost him around $60k for a boat that he uses two times a year. Docking for the boat is $200 a month.
[quote=briansd1][quote=ninaprincess]
http://www.sdlookup.com/MLS-110029301-10634_Kemerton_Rd_San_Diego_CA_92126
[/quote]Interesting the buyer bought through Zip Realty.
The buyer found and bought this good deal throught a discount broker. They paid $10,000 under the list price. Who said you need a full service broker?
Also interesting to note that the previous owners bought the house on 09/10/1992 for $212,958 then refied/heloc and lost the house to foreclosure.
So much for paying-off the mortgage. Only if cashing-out in a refi were not so easy, these people might have been saved from themselves.[/quote]
August 3, 2011 at 11:05 AM #715490ninaprincessParticipantBrian,
How did you find all of these info?
Why take out so much cash out of the house? there are many short sale/foreclosed houses that were bought 20 years ago. I have no sympathy for them. They probably bought vacations, expensive cars, boats. I have a coworker that made around $60,000 but refinanced in 2006 to by a 20′ fishing boat and a big Ford truck to pull it. All together it cost him around $60k for a boat that he uses two times a year. Docking for the boat is $200 a month.
[quote=briansd1][quote=ninaprincess]
http://www.sdlookup.com/MLS-110029301-10634_Kemerton_Rd_San_Diego_CA_92126
[/quote]Interesting the buyer bought through Zip Realty.
The buyer found and bought this good deal throught a discount broker. They paid $10,000 under the list price. Who said you need a full service broker?
Also interesting to note that the previous owners bought the house on 09/10/1992 for $212,958 then refied/heloc and lost the house to foreclosure.
So much for paying-off the mortgage. Only if cashing-out in a refi were not so easy, these people might have been saved from themselves.[/quote]
August 3, 2011 at 11:05 AM #715852ninaprincessParticipantBrian,
How did you find all of these info?
Why take out so much cash out of the house? there are many short sale/foreclosed houses that were bought 20 years ago. I have no sympathy for them. They probably bought vacations, expensive cars, boats. I have a coworker that made around $60,000 but refinanced in 2006 to by a 20′ fishing boat and a big Ford truck to pull it. All together it cost him around $60k for a boat that he uses two times a year. Docking for the boat is $200 a month.
[quote=briansd1][quote=ninaprincess]
http://www.sdlookup.com/MLS-110029301-10634_Kemerton_Rd_San_Diego_CA_92126
[/quote]Interesting the buyer bought through Zip Realty.
The buyer found and bought this good deal throught a discount broker. They paid $10,000 under the list price. Who said you need a full service broker?
Also interesting to note that the previous owners bought the house on 09/10/1992 for $212,958 then refied/heloc and lost the house to foreclosure.
So much for paying-off the mortgage. Only if cashing-out in a refi were not so easy, these people might have been saved from themselves.[/quote]
August 3, 2011 at 11:16 AM #714652briansd1Guest[quote=ninaprincess]Brian,
How did you find all of these info?
[/quote]All right there on the SDlookup link.
UCGal was kind enough to provide the foreclosure info in the comment portion.
August 3, 2011 at 11:16 AM #714743briansd1Guest[quote=ninaprincess]Brian,
How did you find all of these info?
[/quote]All right there on the SDlookup link.
UCGal was kind enough to provide the foreclosure info in the comment portion.
August 3, 2011 at 11:16 AM #715346briansd1Guest[quote=ninaprincess]Brian,
How did you find all of these info?
[/quote]All right there on the SDlookup link.
UCGal was kind enough to provide the foreclosure info in the comment portion.
August 3, 2011 at 11:16 AM #715500briansd1Guest[quote=ninaprincess]Brian,
How did you find all of these info?
[/quote]All right there on the SDlookup link.
UCGal was kind enough to provide the foreclosure info in the comment portion.
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