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  • February 25, 2008 at 8:45 AM #159857
    34f3f3f
    Participant

    I live in Pasadena. Whereabouts is the property? If it is in a nice area, that sounds like a good deal. It’s in the price range I would hope to pay for a SFH of that size. Asking prices in Pasadena have not budged significantly. I see houses just sitting there, and not many of them. CBS News interviewed someone last week on whether auctions are a place for deals, and the conclusion was that with only a marginal reduction, when you add back auction fees, it doesn’t work out a lot cheaper. And then there is the risk with the state of the home.

    February 25, 2008 at 9:15 AM #159499
    34f3f3f
    Participant

    I just did a search on Ziprealty and found a dozen 4 bed SFHs in this price range in Pasadena. One in particular was nice. When I did a search on zillow is was valued at over $800k, but apparently sold for $722K last July, so I’m not sure what to believe here.

    February 25, 2008 at 9:15 AM #159795
    34f3f3f
    Participant

    I just did a search on Ziprealty and found a dozen 4 bed SFHs in this price range in Pasadena. One in particular was nice. When I did a search on zillow is was valued at over $800k, but apparently sold for $722K last July, so I’m not sure what to believe here.

    February 25, 2008 at 9:15 AM #159809
    34f3f3f
    Participant

    I just did a search on Ziprealty and found a dozen 4 bed SFHs in this price range in Pasadena. One in particular was nice. When I did a search on zillow is was valued at over $800k, but apparently sold for $722K last July, so I’m not sure what to believe here.

    February 25, 2008 at 9:15 AM #159813
    34f3f3f
    Participant

    I just did a search on Ziprealty and found a dozen 4 bed SFHs in this price range in Pasadena. One in particular was nice. When I did a search on zillow is was valued at over $800k, but apparently sold for $722K last July, so I’m not sure what to believe here.

    February 25, 2008 at 9:15 AM #159887
    34f3f3f
    Participant

    I just did a search on Ziprealty and found a dozen 4 bed SFHs in this price range in Pasadena. One in particular was nice. When I did a search on zillow is was valued at over $800k, but apparently sold for $722K last July, so I’m not sure what to believe here.

    February 25, 2008 at 1:22 PM #159652
    5yearwaiter
    Participant

    What I understood from this is, every one knows that market would go down as much as possible like 800k houses would hit around 550k. People are wise there, they just want to throw a stone that they can get that diamond with pre prdicted price. If get have it and then slowly built the house for next sell even afer 6 years when price stablize.

    Option 2 kind of people are just waiters to check this price can equal with 2002 or 2003 price tag.

    5yearswaiter

    February 25, 2008 at 1:22 PM #159948
    5yearwaiter
    Participant

    What I understood from this is, every one knows that market would go down as much as possible like 800k houses would hit around 550k. People are wise there, they just want to throw a stone that they can get that diamond with pre prdicted price. If get have it and then slowly built the house for next sell even afer 6 years when price stablize.

    Option 2 kind of people are just waiters to check this price can equal with 2002 or 2003 price tag.

    5yearswaiter

    February 25, 2008 at 1:22 PM #159961
    5yearwaiter
    Participant

    What I understood from this is, every one knows that market would go down as much as possible like 800k houses would hit around 550k. People are wise there, they just want to throw a stone that they can get that diamond with pre prdicted price. If get have it and then slowly built the house for next sell even afer 6 years when price stablize.

    Option 2 kind of people are just waiters to check this price can equal with 2002 or 2003 price tag.

    5yearswaiter

    February 25, 2008 at 1:22 PM #159969
    5yearwaiter
    Participant

    What I understood from this is, every one knows that market would go down as much as possible like 800k houses would hit around 550k. People are wise there, they just want to throw a stone that they can get that diamond with pre prdicted price. If get have it and then slowly built the house for next sell even afer 6 years when price stablize.

    Option 2 kind of people are just waiters to check this price can equal with 2002 or 2003 price tag.

    5yearswaiter

    February 25, 2008 at 1:22 PM #160045
    5yearwaiter
    Participant

    What I understood from this is, every one knows that market would go down as much as possible like 800k houses would hit around 550k. People are wise there, they just want to throw a stone that they can get that diamond with pre prdicted price. If get have it and then slowly built the house for next sell even afer 6 years when price stablize.

    Option 2 kind of people are just waiters to check this price can equal with 2002 or 2003 price tag.

    5yearswaiter

    February 25, 2008 at 1:37 PM #159657
    Dr Kevin
    Participant

    Address was

    area was not the greatest, but also not the worst. It’s on the border of pasadena and arcadia (so east pasadena). If it was in arcadia school distrit, then it would’ve been a huge bargain.

    28 merlon ave. 4B3ba

    Auction, auction auction in the city of pasadena!!!. This gorgeous 4 bedroom, 2.75 baths, sparkling pool and spa built in 1989 will be auction on feb 23, 2008 at 4:07pm on site. Preview dates are sunday, feb 10, 2008 and saturday, feb 16, 2008 from 12:07pm-4:07pm. Special financing programs available. Broker participation welcome. Please call auctioneer for more information. Pacific auction exchange welcomes you to this special event and extends to you and your family the opportunity to own your own home in the beautiful city of pasadena!

    February 25, 2008 at 1:37 PM #159952
    Dr Kevin
    Participant

    Address was

    area was not the greatest, but also not the worst. It’s on the border of pasadena and arcadia (so east pasadena). If it was in arcadia school distrit, then it would’ve been a huge bargain.

    28 merlon ave. 4B3ba

    Auction, auction auction in the city of pasadena!!!. This gorgeous 4 bedroom, 2.75 baths, sparkling pool and spa built in 1989 will be auction on feb 23, 2008 at 4:07pm on site. Preview dates are sunday, feb 10, 2008 and saturday, feb 16, 2008 from 12:07pm-4:07pm. Special financing programs available. Broker participation welcome. Please call auctioneer for more information. Pacific auction exchange welcomes you to this special event and extends to you and your family the opportunity to own your own home in the beautiful city of pasadena!

    February 25, 2008 at 1:37 PM #159966
    Dr Kevin
    Participant

    Address was

    area was not the greatest, but also not the worst. It’s on the border of pasadena and arcadia (so east pasadena). If it was in arcadia school distrit, then it would’ve been a huge bargain.

    28 merlon ave. 4B3ba

    Auction, auction auction in the city of pasadena!!!. This gorgeous 4 bedroom, 2.75 baths, sparkling pool and spa built in 1989 will be auction on feb 23, 2008 at 4:07pm on site. Preview dates are sunday, feb 10, 2008 and saturday, feb 16, 2008 from 12:07pm-4:07pm. Special financing programs available. Broker participation welcome. Please call auctioneer for more information. Pacific auction exchange welcomes you to this special event and extends to you and your family the opportunity to own your own home in the beautiful city of pasadena!

    February 25, 2008 at 1:37 PM #159974
    Dr Kevin
    Participant

    Address was

    area was not the greatest, but also not the worst. It’s on the border of pasadena and arcadia (so east pasadena). If it was in arcadia school distrit, then it would’ve been a huge bargain.

    28 merlon ave. 4B3ba

    Auction, auction auction in the city of pasadena!!!. This gorgeous 4 bedroom, 2.75 baths, sparkling pool and spa built in 1989 will be auction on feb 23, 2008 at 4:07pm on site. Preview dates are sunday, feb 10, 2008 and saturday, feb 16, 2008 from 12:07pm-4:07pm. Special financing programs available. Broker participation welcome. Please call auctioneer for more information. Pacific auction exchange welcomes you to this special event and extends to you and your family the opportunity to own your own home in the beautiful city of pasadena!

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