- This topic has 512 replies, 32 voices, and was last updated 13 years, 4 months ago by
sdrealtor.
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October 30, 2007 at 4:44 PM #93344October 30, 2007 at 4:44 PM #93354
ocrenter
Participantwhat I have been finding is you get the short sale attempt approaching the true price point. but the lender rejects it and let it head to foreclosure. by the time the lender has it as a REO, guess what, it is listed at the short sale prices or a bit above.
if the prices are holding up so well, why the price reductions:
–09/2007: listed for sale at $475,000.
–Price Reduced: 09/19/07 — $475,000 to $459,000
–Price Reduced: 09/26/07 — $459,000 to $445,000
–Price Reduced: 10/03/07 — $445,000 to $435,000
–Price Reduced: 10/10/07 — $435,000 to $425,000
–Price Reduced: 10/29/07 — $425,000 to $409,000October 30, 2007 at 7:47 PM #93383JWM in SD
Participant“…if the prices are holding up so well, why the price reductions:….”
Simple, because they aren’t holding up so well. But hey, Realtors gotta eat too right??
Right sdrealtor??
October 30, 2007 at 7:47 PM #93415Participant“…if the prices are holding up so well, why the price reductions:….”
Simple, because they aren’t holding up so well. But hey, Realtors gotta eat too right??
Right sdrealtor??
October 30, 2007 at 7:47 PM #93426Participant“…if the prices are holding up so well, why the price reductions:….”
Simple, because they aren’t holding up so well. But hey, Realtors gotta eat too right??
Right sdrealtor??
October 31, 2007 at 11:13 AM #93676sdrealtor
ParticipantJWM,
The buyer of the Short Sale put down over 20% not the seller who lost the house. Cmon, buddy user your brain a little before it atrophies.sdr
October 31, 2007 at 11:13 AM #93710ParticipantJWM,
The buyer of the Short Sale put down over 20% not the seller who lost the house. Cmon, buddy user your brain a little before it atrophies.sdr
October 31, 2007 at 11:13 AM #93720ParticipantJWM,
The buyer of the Short Sale put down over 20% not the seller who lost the house. Cmon, buddy user your brain a little before it atrophies.sdr
October 31, 2007 at 11:13 AM #93679Participantdupe
October 31, 2007 at 11:13 AM #93713Participantdupe
October 31, 2007 at 11:13 AM #93723Participantdupe
October 31, 2007 at 11:17 AM #93685ParticipantOCR, I wont disagree but thats not the point. I compared our predictions to WHAT IS not WHAT MIGHT BE. Based upon what actually happened so far, I take the victory here.
As for the price reductions, we have a seller without patience and/or time. Average market times are about 6months these days and that guy/gal cant or wont wait.
October 31, 2007 at 11:17 AM #93719ParticipantOCR, I wont disagree but thats not the point. I compared our predictions to WHAT IS not WHAT MIGHT BE. Based upon what actually happened so far, I take the victory here.
As for the price reductions, we have a seller without patience and/or time. Average market times are about 6months these days and that guy/gal cant or wont wait.
October 31, 2007 at 11:17 AM #93729ParticipantOCR, I wont disagree but thats not the point. I compared our predictions to WHAT IS not WHAT MIGHT BE. Based upon what actually happened so far, I take the victory here.
As for the price reductions, we have a seller without patience and/or time. Average market times are about 6months these days and that guy/gal cant or wont wait.
October 31, 2007 at 11:21 AM #93688ParticipantJWM,
I’m eating just fine! I own a couple non-RE businesses and my MSFT stock alone is probably worth more than your net worth. You could have joined me at Arterra last Saturday. I’m heading out to Bistro West for lunch now but you can catch me at Donovan’s this Saturday nite. -
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