SEH Breakthrough Pricing

[waiting for bottom]

Emith – You are missing my ‘ground’s eye’ view. I have been inside just about every SEH house on the market.

1008 Brightwood – Yard is torn apart and has a partial pool in the back that will need about $50K to complete. It’s on the corner of a semi-busy street. 1085 Brightwood is at the end of a cul-de-sac with an ocean view.

1732 Weatherwood is not in SEH, it’s in OCR. In any event, it backs onto San Elijo Road.

1458 Golden Sunset is all rundown and has zero upgrades.

Subject property (1085 Brightwood) is in excellent condition.

This is breakthrough pricing.

[Eugene]

Ground’s eye view is always better than armchair strategizing 🙂

Corner location sucks, but 1008 Brightwood is walking distance to the park and the playground. What would it cost to dismantle the partial pool and replace it with a lawn?

What exactly is run down in 1458 Golden Sunset?

FYI – ForeclosureRadar shows that there are two unlisted REOs on Brightwood – 1009 and 1058. And the guy in 1008 is going to lose his house in the next couple of months.

[Eugene]

Ground’s eye view is always better than armchair strategizing 🙂

Corner location sucks, but 1008 Brightwood is walking distance to the park and the playground. What would it cost to dismantle the partial pool and replace it with a lawn?

What exactly is run down in 1458 Golden Sunset?

FYI – ForeclosureRadar shows that there are two unlisted REOs on Brightwood – 1009 and 1058. And the guy in 1008 is going to lose his house in the next couple of months.

[Eugene]

Ground’s eye view is always better than armchair strategizing 🙂

Corner location sucks, but 1008 Brightwood is walking distance to the park and the playground. What would it cost to dismantle the partial pool and replace it with a lawn?

What exactly is run down in 1458 Golden Sunset?

FYI – ForeclosureRadar shows that there are two unlisted REOs on Brightwood – 1009 and 1058. And the guy in 1008 is going to lose his house in the next couple of months.

[Eugene]

Ground’s eye view is always better than armchair strategizing 🙂

Corner location sucks, but 1008 Brightwood is walking distance to the park and the playground. What would it cost to dismantle the partial pool and replace it with a lawn?

What exactly is run down in 1458 Golden Sunset?

FYI – ForeclosureRadar shows that there are two unlisted REOs on Brightwood – 1009 and 1058. And the guy in 1008 is going to lose his house in the next couple of months.

[Eugene]

Ground’s eye view is always better than armchair strategizing 🙂

Corner location sucks, but 1008 Brightwood is walking distance to the park and the playground. What would it cost to dismantle the partial pool and replace it with a lawn?

What exactly is run down in 1458 Golden Sunset?

FYI – ForeclosureRadar shows that there are two unlisted REOs on Brightwood – 1009 and 1058. And the guy in 1008 is going to lose his house in the next couple of months.

[temeculaguy]

First off any post quoting me is great for feeding my mammoth sized ego!! Second, I’m with Bugs here, the pain train is moving faster than expected (probably because the economy and credit crunch are worse off now and the msm is picking up on it), the percentage drops are similar and less than a year behind the first areas to fall so it is apparent the virus is now out of control. Take note of what happened in the exurbs a year ago, we had some break through prices and more pressure on the way yet some jumped in because it was as good as they had hope and they talked themselves into it. The 30-50% accross the board drops followed within a year and the better tracts fell with it. I think SEH can be considered to be in a different time zone than the exurbs, so study and learn what happened and take two theories to heart. The “popcorn theory” and the “bar pick up theory,” both were created while watching the exurbs fall. In the popcorn theory, the kernals (breakthrough prices) are sporatic and can even make you think they have stopped or slowed but the heavy popping eventually comes with a vengance. In the bar pick up theory, imagine you are a single guy in a bar, a few 5’s and 6’s wander in the bar during happy hour, followed by some 7’s at nightfall but wait for the porn convention next door to end at around 9 p.m., hook up before then and you will kick yourself for the next thirty years.

[temeculaguy]

First off any post quoting me is great for feeding my mammoth sized ego!! Second, I’m with Bugs here, the pain train is moving faster than expected (probably because the economy and credit crunch are worse off now and the msm is picking up on it), the percentage drops are similar and less than a year behind the first areas to fall so it is apparent the virus is now out of control. Take note of what happened in the exurbs a year ago, we had some break through prices and more pressure on the way yet some jumped in because it was as good as they had hope and they talked themselves into it. The 30-50% accross the board drops followed within a year and the better tracts fell with it. I think SEH can be considered to be in a different time zone than the exurbs, so study and learn what happened and take two theories to heart. The “popcorn theory” and the “bar pick up theory,” both were created while watching the exurbs fall. In the popcorn theory, the kernals (breakthrough prices) are sporatic and can even make you think they have stopped or slowed but the heavy popping eventually comes with a vengance. In the bar pick up theory, imagine you are a single guy in a bar, a few 5’s and 6’s wander in the bar during happy hour, followed by some 7’s at nightfall but wait for the porn convention next door to end at around 9 p.m., hook up before then and you will kick yourself for the next thirty years.

[temeculaguy]

First off any post quoting me is great for feeding my mammoth sized ego!! Second, I’m with Bugs here, the pain train is moving faster than expected (probably because the economy and credit crunch are worse off now and the msm is picking up on it), the percentage drops are similar and less than a year behind the first areas to fall so it is apparent the virus is now out of control. Take note of what happened in the exurbs a year ago, we had some break through prices and more pressure on the way yet some jumped in because it was as good as they had hope and they talked themselves into it. The 30-50% accross the board drops followed within a year and the better tracts fell with it. I think SEH can be considered to be in a different time zone than the exurbs, so study and learn what happened and take two theories to heart. The “popcorn theory” and the “bar pick up theory,” both were created while watching the exurbs fall. In the popcorn theory, the kernals (breakthrough prices) are sporatic and can even make you think they have stopped or slowed but the heavy popping eventually comes with a vengance. In the bar pick up theory, imagine you are a single guy in a bar, a few 5’s and 6’s wander in the bar during happy hour, followed by some 7’s at nightfall but wait for the porn convention next door to end at around 9 p.m., hook up before then and you will kick yourself for the next thirty years.

[temeculaguy]

First off any post quoting me is great for feeding my mammoth sized ego!! Second, I’m with Bugs here, the pain train is moving faster than expected (probably because the economy and credit crunch are worse off now and the msm is picking up on it), the percentage drops are similar and less than a year behind the first areas to fall so it is apparent the virus is now out of control. Take note of what happened in the exurbs a year ago, we had some break through prices and more pressure on the way yet some jumped in because it was as good as they had hope and they talked themselves into it. The 30-50% accross the board drops followed within a year and the better tracts fell with it. I think SEH can be considered to be in a different time zone than the exurbs, so study and learn what happened and take two theories to heart. The “popcorn theory” and the “bar pick up theory,” both were created while watching the exurbs fall. In the popcorn theory, the kernals (breakthrough prices) are sporatic and can even make you think they have stopped or slowed but the heavy popping eventually comes with a vengance. In the bar pick up theory, imagine you are a single guy in a bar, a few 5’s and 6’s wander in the bar during happy hour, followed by some 7’s at nightfall but wait for the porn convention next door to end at around 9 p.m., hook up before then and you will kick yourself for the next thirty years.

[temeculaguy]

First off any post quoting me is great for feeding my mammoth sized ego!! Second, I’m with Bugs here, the pain train is moving faster than expected (probably because the economy and credit crunch are worse off now and the msm is picking up on it), the percentage drops are similar and less than a year behind the first areas to fall so it is apparent the virus is now out of control. Take note of what happened in the exurbs a year ago, we had some break through prices and more pressure on the way yet some jumped in because it was as good as they had hope and they talked themselves into it. The 30-50% accross the board drops followed within a year and the better tracts fell with it. I think SEH can be considered to be in a different time zone than the exurbs, so study and learn what happened and take two theories to heart. The “popcorn theory” and the “bar pick up theory,” both were created while watching the exurbs fall. In the popcorn theory, the kernals (breakthrough prices) are sporatic and can even make you think they have stopped or slowed but the heavy popping eventually comes with a vengance. In the bar pick up theory, imagine you are a single guy in a bar, a few 5’s and 6’s wander in the bar during happy hour, followed by some 7’s at nightfall but wait for the porn convention next door to end at around 9 p.m., hook up before then and you will kick yourself for the next thirty years.

[dontfollowtheherd]

tmg,

After hooking up with one of them you just better hope you live another 30 years … or your corn gets popped for good! lol

BTW – did you ever pull the trigger when you had an itchy finger a few months back or did you stay put and save some more green? I’m sure those homes you were looking at must be down at least another 10-15% or more with much more to go.

[dontfollowtheherd]

tmg,

After hooking up with one of them you just better hope you live another 30 years … or your corn gets popped for good! lol

BTW – did you ever pull the trigger when you had an itchy finger a few months back or did you stay put and save some more green? I’m sure those homes you were looking at must be down at least another 10-15% or more with much more to go.

[dontfollowtheherd]

tmg,

After hooking up with one of them you just better hope you live another 30 years … or your corn gets popped for good! lol

BTW – did you ever pull the trigger when you had an itchy finger a few months back or did you stay put and save some more green? I’m sure those homes you were looking at must be down at least another 10-15% or more with much more to go.

[dontfollowtheherd]

tmg,

After hooking up with one of them you just better hope you live another 30 years … or your corn gets popped for good! lol

BTW – did you ever pull the trigger when you had an itchy finger a few months back or did you stay put and save some more green? I’m sure those homes you were looking at must be down at least another 10-15% or more with much more to go.

[Author]

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