Home › Forums › Closed Forums › Properties or Areas › RP – Expecting your valuable comments on this property!
- This topic has 105 replies, 10 voices, and was last updated 16 years, 8 months ago by SD Realtor.
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March 26, 2008 at 9:52 PM #177232March 26, 2008 at 10:36 PM #176788anParticipant
I’d rather have is not the same as I’d buy it at the current price. It just means that if someone who want to buy right now in PQ, this 1700 sq-ft house w/a view for $500k is a much better deal than the 1400 sq-ft townhouse for $450k + HOA.
March 26, 2008 at 10:36 PM #177141anParticipantI’d rather have is not the same as I’d buy it at the current price. It just means that if someone who want to buy right now in PQ, this 1700 sq-ft house w/a view for $500k is a much better deal than the 1400 sq-ft townhouse for $450k + HOA.
March 26, 2008 at 10:36 PM #177150anParticipantI’d rather have is not the same as I’d buy it at the current price. It just means that if someone who want to buy right now in PQ, this 1700 sq-ft house w/a view for $500k is a much better deal than the 1400 sq-ft townhouse for $450k + HOA.
March 26, 2008 at 10:36 PM #177153anParticipantI’d rather have is not the same as I’d buy it at the current price. It just means that if someone who want to buy right now in PQ, this 1700 sq-ft house w/a view for $500k is a much better deal than the 1400 sq-ft townhouse for $450k + HOA.
March 26, 2008 at 10:36 PM #177242anParticipantI’d rather have is not the same as I’d buy it at the current price. It just means that if someone who want to buy right now in PQ, this 1700 sq-ft house w/a view for $500k is a much better deal than the 1400 sq-ft townhouse for $450k + HOA.
March 26, 2008 at 10:57 PM #176795SD RealtorParticipantTheasian why did your agent tell you that the offer needs to be in the 520-530k range? Let me ask you a few things…
How long has the home been on the market? How is it priced compared to comps? Did your agent call the other agent to get information? If the home is really priced very aggressively then it would not surprise me if that is the case. If the home has been on the market for a few months at the price you are talking about then perhaps you are right.
Unfortunately looking at the last sale is meaningless. The lender doesn’t care about that. The lender will price the home at what the lender thinks they can get for the home. The process includes thier own analysis as well as the lender ordering a BPO, brokers property opinion. So take those things into consideration.
SD Realtor
March 26, 2008 at 10:57 PM #177146SD RealtorParticipantTheasian why did your agent tell you that the offer needs to be in the 520-530k range? Let me ask you a few things…
How long has the home been on the market? How is it priced compared to comps? Did your agent call the other agent to get information? If the home is really priced very aggressively then it would not surprise me if that is the case. If the home has been on the market for a few months at the price you are talking about then perhaps you are right.
Unfortunately looking at the last sale is meaningless. The lender doesn’t care about that. The lender will price the home at what the lender thinks they can get for the home. The process includes thier own analysis as well as the lender ordering a BPO, brokers property opinion. So take those things into consideration.
SD Realtor
March 26, 2008 at 10:57 PM #177155SD RealtorParticipantTheasian why did your agent tell you that the offer needs to be in the 520-530k range? Let me ask you a few things…
How long has the home been on the market? How is it priced compared to comps? Did your agent call the other agent to get information? If the home is really priced very aggressively then it would not surprise me if that is the case. If the home has been on the market for a few months at the price you are talking about then perhaps you are right.
Unfortunately looking at the last sale is meaningless. The lender doesn’t care about that. The lender will price the home at what the lender thinks they can get for the home. The process includes thier own analysis as well as the lender ordering a BPO, brokers property opinion. So take those things into consideration.
SD Realtor
March 26, 2008 at 10:57 PM #177158SD RealtorParticipantTheasian why did your agent tell you that the offer needs to be in the 520-530k range? Let me ask you a few things…
How long has the home been on the market? How is it priced compared to comps? Did your agent call the other agent to get information? If the home is really priced very aggressively then it would not surprise me if that is the case. If the home has been on the market for a few months at the price you are talking about then perhaps you are right.
Unfortunately looking at the last sale is meaningless. The lender doesn’t care about that. The lender will price the home at what the lender thinks they can get for the home. The process includes thier own analysis as well as the lender ordering a BPO, brokers property opinion. So take those things into consideration.
SD Realtor
March 26, 2008 at 10:57 PM #177247SD RealtorParticipantTheasian why did your agent tell you that the offer needs to be in the 520-530k range? Let me ask you a few things…
How long has the home been on the market? How is it priced compared to comps? Did your agent call the other agent to get information? If the home is really priced very aggressively then it would not surprise me if that is the case. If the home has been on the market for a few months at the price you are talking about then perhaps you are right.
Unfortunately looking at the last sale is meaningless. The lender doesn’t care about that. The lender will price the home at what the lender thinks they can get for the home. The process includes thier own analysis as well as the lender ordering a BPO, brokers property opinion. So take those things into consideration.
SD Realtor
March 27, 2008 at 8:59 AM #176899theasian1ParticipantThe home has been in the market for just 30 days. A nearby home reduced its price to 450K, so these guys changed their price.
This is the one I am talking about.
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=086014712&page=2&property_type=SFR&mls=mls_sandiego&cKey=swgl054d&source=SANDICORMarch 27, 2008 at 8:59 AM #177248theasian1ParticipantThe home has been in the market for just 30 days. A nearby home reduced its price to 450K, so these guys changed their price.
This is the one I am talking about.
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=086014712&page=2&property_type=SFR&mls=mls_sandiego&cKey=swgl054d&source=SANDICORMarch 27, 2008 at 8:59 AM #177258theasian1ParticipantThe home has been in the market for just 30 days. A nearby home reduced its price to 450K, so these guys changed their price.
This is the one I am talking about.
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=086014712&page=2&property_type=SFR&mls=mls_sandiego&cKey=swgl054d&source=SANDICORMarch 27, 2008 at 8:59 AM #177263theasian1ParticipantThe home has been in the market for just 30 days. A nearby home reduced its price to 450K, so these guys changed their price.
This is the one I am talking about.
http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=086014712&page=2&property_type=SFR&mls=mls_sandiego&cKey=swgl054d&source=SANDICOR -
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