SEH Breakthrough Pricing

[farbet]

Just mention REO,NOD,NOT and the herd mentality is at it again.
The cliftop house has a view granted.The person that owned it paved the whole property all around.Looks as if it was done by the owners themselves. I visited it when it was pouring rain last saturday. Guess what? the idiots have no drain holes in the concrete. Only at the entrance. Water was backing up.
These SEH homes with very high Mello .Buiders competing. Luminara across is in $545K range(Mello Roos is $509 permonth-good grief).
People are setting themselves up trying to buy these. To get a good deal an REO must sit for 90 days plus, IMHO, on mkt.NOD’s are proliferating.
Old Creek ranch is another area thats bellying up.

[patientlywaiting]

” Just mention REO,NOD,NOT and the herd mentality is at it again. ”

Very good point farbet.

Because it’s on eBay or Craigslist doesn’t mean it’s cheap. Same for REO, NOD, NOT, short-sales.

TG, glad you didn’t jump in. You must be enjoying the ride. 🙂 Besides, we don’t want to lose you as a poster. It would be boring here without you.

[patientlywaiting]

” Just mention REO,NOD,NOT and the herd mentality is at it again. ”

Very good point farbet.

Because it’s on eBay or Craigslist doesn’t mean it’s cheap. Same for REO, NOD, NOT, short-sales.

TG, glad you didn’t jump in. You must be enjoying the ride. 🙂 Besides, we don’t want to lose you as a poster. It would be boring here without you.

[patientlywaiting]

” Just mention REO,NOD,NOT and the herd mentality is at it again. ”

Very good point farbet.

Because it’s on eBay or Craigslist doesn’t mean it’s cheap. Same for REO, NOD, NOT, short-sales.

TG, glad you didn’t jump in. You must be enjoying the ride. 🙂 Besides, we don’t want to lose you as a poster. It would be boring here without you.

[patientlywaiting]

” Just mention REO,NOD,NOT and the herd mentality is at it again. ”

Very good point farbet.

Because it’s on eBay or Craigslist doesn’t mean it’s cheap. Same for REO, NOD, NOT, short-sales.

TG, glad you didn’t jump in. You must be enjoying the ride. 🙂 Besides, we don’t want to lose you as a poster. It would be boring here without you.

[patientlywaiting]

” Just mention REO,NOD,NOT and the herd mentality is at it again. ”

Very good point farbet.

Because it’s on eBay or Craigslist doesn’t mean it’s cheap. Same for REO, NOD, NOT, short-sales.

TG, glad you didn’t jump in. You must be enjoying the ride. 🙂 Besides, we don’t want to lose you as a poster. It would be boring here without you.

[waiting for bottom]

I am not tracking your ‘herd mentality’ comment. I could care less if it is REO, short, or traditional. All I see are properties that are 30-40% lower than 2 years ago. They are also equal to or less than the rent I am paying in the same area. I’m not ready to buy now, but I’m not ruling out later in 2008 for now.

[waiting for bottom]

I am not tracking your ‘herd mentality’ comment. I could care less if it is REO, short, or traditional. All I see are properties that are 30-40% lower than 2 years ago. They are also equal to or less than the rent I am paying in the same area. I’m not ready to buy now, but I’m not ruling out later in 2008 for now.

[waiting for bottom]

I am not tracking your ‘herd mentality’ comment. I could care less if it is REO, short, or traditional. All I see are properties that are 30-40% lower than 2 years ago. They are also equal to or less than the rent I am paying in the same area. I’m not ready to buy now, but I’m not ruling out later in 2008 for now.

[waiting for bottom]

I am not tracking your ‘herd mentality’ comment. I could care less if it is REO, short, or traditional. All I see are properties that are 30-40% lower than 2 years ago. They are also equal to or less than the rent I am paying in the same area. I’m not ready to buy now, but I’m not ruling out later in 2008 for now.

[waiting for bottom]

I am not tracking your ‘herd mentality’ comment. I could care less if it is REO, short, or traditional. All I see are properties that are 30-40% lower than 2 years ago. They are also equal to or less than the rent I am paying in the same area. I’m not ready to buy now, but I’m not ruling out later in 2008 for now.

[patientlywaiting]

if you’re going to buy in 2008, you won’t be “waiting for bottom”.

[patientlywaiting]

if you’re going to buy in 2008, you won’t be “waiting for bottom”.

[patientlywaiting]

if you’re going to buy in 2008, you won’t be “waiting for bottom”.

[patientlywaiting]

if you’re going to buy in 2008, you won’t be “waiting for bottom”.

[Author]

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