Record price drop?

[sdrealtor]

Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.

[an]

[quote=sdrealtor]Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.[/quote]
Good info. We’ll see where it closes at. Even if it close at the original listing price, that’s still below 1999 price. I would have assumed there are more multi-millionaire today than in 1996.

[an]

[quote=sdrealtor]Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.[/quote]
Good info. We’ll see where it closes at. Even if it close at the original listing price, that’s still below 1999 price. I would have assumed there are more multi-millionaire today than in 1996.

[an]

[quote=sdrealtor]Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.[/quote]
Good info. We’ll see where it closes at. Even if it close at the original listing price, that’s still below 1999 price. I would have assumed there are more multi-millionaire today than in 1996.

[an]

[quote=sdrealtor]Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.[/quote]
Good info. We’ll see where it closes at. Even if it close at the original listing price, that’s still below 1999 price. I would have assumed there are more multi-millionaire today than in 1996.

[an]

[quote=sdrealtor]Its a short sale so there is no way of knowing if thats a real price or if the lender would accept that. The asking price means very little in this case. Wait until it closes and then we can get excited.[/quote]
Good info. We’ll see where it closes at. Even if it close at the original listing price, that’s still below 1999 price. I would have assumed there are more multi-millionaire today than in 1996.

[sdrealtor]

Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.

[sdrealtor]

Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.

[sdrealtor]

Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.

[sdrealtor]

Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.

[sdrealtor]

Just checked and its a bit odd. Sold in 1999 for 2.7M. In 1997 there were sales on the same street for smaller homes at $850 and $1.1M. Not sure whats going on but $2.45M seems way too high for a 1996 price in that area. My guess is 2.45M is a real price today but not a real price for 1996. Either way its looks like a bit of an outlier relative to other homes in the area.

[SD Realtor]

Actually I have a client who wanted to see this home 2 weeks ago. We were going to visit it and that day were told no more showings. On paper it does appear to be a good deal. The listing agent told us they have a cash offer into the lender at that time with another solid backup. He could be bsing us. Not sure.

[SD Realtor]

Actually I have a client who wanted to see this home 2 weeks ago. We were going to visit it and that day were told no more showings. On paper it does appear to be a good deal. The listing agent told us they have a cash offer into the lender at that time with another solid backup. He could be bsing us. Not sure.

[SD Realtor]

Actually I have a client who wanted to see this home 2 weeks ago. We were going to visit it and that day were told no more showings. On paper it does appear to be a good deal. The listing agent told us they have a cash offer into the lender at that time with another solid backup. He could be bsing us. Not sure.

[SD Realtor]

Actually I have a client who wanted to see this home 2 weeks ago. We were going to visit it and that day were told no more showings. On paper it does appear to be a good deal. The listing agent told us they have a cash offer into the lender at that time with another solid backup. He could be bsing us. Not sure.

[Author]

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