RP – Expecting your valuable comments on this property!

[NotCranky]

James,

I am not going to pretend to know what that property should go for. It does seem very worthwhile to wait and find out.

That might be a starter home for some or a nice place for “empty nesters” or anyone else that wants it. Many first time buyers buy much less home than that and many others buy much more. Rough guess…that is a middle of the road “starter”.

[an]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

[an]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

[an]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

[an]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

[an]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

[theasian1]

I found a Short Sale property and the price range that was quoted in the listing was 485K – 555K. My agent tells me that my offer should be something in the 520K – 530K to even get a chance for the seller to accept my offer and present it to the lender.
I am not really convinced about this. What do you guys think?
I know ultimately its up to the lender to accept/reject the offer.
BTW: I looked at the sale history and it looks like the last sale was for 420K. So I would think the lender must be happy if the offer is 420K, right????

[theasian1]

I found a Short Sale property and the price range that was quoted in the listing was 485K – 555K. My agent tells me that my offer should be something in the 520K – 530K to even get a chance for the seller to accept my offer and present it to the lender.
I am not really convinced about this. What do you guys think?
I know ultimately its up to the lender to accept/reject the offer.
BTW: I looked at the sale history and it looks like the last sale was for 420K. So I would think the lender must be happy if the offer is 420K, right????

[theasian1]

I found a Short Sale property and the price range that was quoted in the listing was 485K – 555K. My agent tells me that my offer should be something in the 520K – 530K to even get a chance for the seller to accept my offer and present it to the lender.
I am not really convinced about this. What do you guys think?
I know ultimately its up to the lender to accept/reject the offer.
BTW: I looked at the sale history and it looks like the last sale was for 420K. So I would think the lender must be happy if the offer is 420K, right????

[theasian1]

I found a Short Sale property and the price range that was quoted in the listing was 485K – 555K. My agent tells me that my offer should be something in the 520K – 530K to even get a chance for the seller to accept my offer and present it to the lender.
I am not really convinced about this. What do you guys think?
I know ultimately its up to the lender to accept/reject the offer.
BTW: I looked at the sale history and it looks like the last sale was for 420K. So I would think the lender must be happy if the offer is 420K, right????

[theasian1]

I found a Short Sale property and the price range that was quoted in the listing was 485K – 555K. My agent tells me that my offer should be something in the 520K – 530K to even get a chance for the seller to accept my offer and present it to the lender.
I am not really convinced about this. What do you guys think?
I know ultimately its up to the lender to accept/reject the offer.
BTW: I looked at the sale history and it looks like the last sale was for 420K. So I would think the lender must be happy if the offer is 420K, right????

[larrylujack]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

Not me, too much especially for a paltry 1700 sq ft with a tiny yard. this house would have gone for around 300k (max) in Scripps in 2001. My first house I bought for just over 200k in Scripps in 2001, sans pool and wood floors, was very similar to this one.

LL

[larrylujack]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

Not me, too much especially for a paltry 1700 sq ft with a tiny yard. this house would have gone for around 300k (max) in Scripps in 2001. My first house I bought for just over 200k in Scripps in 2001, sans pool and wood floors, was very similar to this one.

LL

[larrylujack]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

Not me, too much especially for a paltry 1700 sq ft with a tiny yard. this house would have gone for around 300k (max) in Scripps in 2001. My first house I bought for just over 200k in Scripps in 2001, sans pool and wood floors, was very similar to this one.

LL

[larrylujack]

I’d rather have this for $500k. Coincidentally, this will bring it back to 2003 price.

Not me, too much especially for a paltry 1700 sq ft with a tiny yard. this house would have gone for around 300k (max) in Scripps in 2001. My first house I bought for just over 200k in Scripps in 2001, sans pool and wood floors, was very similar to this one.

LL

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