short sale in encinitas ranch – good value?

[sdrealtor]

EX-SD,
If homes in my neighborhood (which rent very very quickly) dropped to 1998 prices they would be cash positive by more than $1000 per month based upon current rents. At 2000 prices they would be cash flow positive by more than $500 per month.

Do you honestly believe prices will reach those levels? There are a lot of my neighbors (Drs. lawyers, execs, business owners, wealthy retirees etc. ) that would buy every one of them well before they approached those levels as investments.

[RatherOpinionated]

Thank you sdrealtor. Ex-SD himself believes prices will reach those levels, but by no means does that mean they will. As you just stated, you and all your neighbors will snap them up well before they get anywhere near those levels.

Even at 2003 prices where they are now (right), they are not overpriced for the quality of homeowner in the area.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

Thank you sdrealtor. Ex-SD himself believes prices will reach those levels, but by no means does that mean they will. As you just stated, you and all your neighbors will snap them up well before they get anywhere near those levels.

Even at 2003 prices where they are now (right), they are not overpriced for the quality of homeowner in the area.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

Thank you sdrealtor. Ex-SD himself believes prices will reach those levels, but by no means does that mean they will. As you just stated, you and all your neighbors will snap them up well before they get anywhere near those levels.

Even at 2003 prices where they are now (right), they are not overpriced for the quality of homeowner in the area.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

Thank you sdrealtor. Ex-SD himself believes prices will reach those levels, but by no means does that mean they will. As you just stated, you and all your neighbors will snap them up well before they get anywhere near those levels.

Even at 2003 prices where they are now (right), they are not overpriced for the quality of homeowner in the area.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

Thank you sdrealtor. Ex-SD himself believes prices will reach those levels, but by no means does that mean they will. As you just stated, you and all your neighbors will snap them up well before they get anywhere near those levels.

Even at 2003 prices where they are now (right), they are not overpriced for the quality of homeowner in the area.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[sdrealtor]

If they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.

[sdrealtor]

If they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.

[sdrealtor]

If they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.

[sdrealtor]

If they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.

[sdrealtor]

If they reached 2001 prices I know that I would be “all in”. I’d buy 3 in my hood and have the assets to easily do so.

[RatherOpinionated]

BTW, here’s an additional scoop on the Brae Mar listing in this post:

“Offer must be made sight unseen. There is an uncooperative occupant who refuses to give access, and any sale will be subject to the rights of the current occupants(s) until lease ends in April, 2008.”

As of september, loan is in default $23,896

BTW, where do you show that WAMU owns it? Looks like short sale to me.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

BTW, here’s an additional scoop on the Brae Mar listing in this post:

“Offer must be made sight unseen. There is an uncooperative occupant who refuses to give access, and any sale will be subject to the rights of the current occupants(s) until lease ends in April, 2008.”

As of september, loan is in default $23,896

BTW, where do you show that WAMU owns it? Looks like short sale to me.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

BTW, here’s an additional scoop on the Brae Mar listing in this post:

“Offer must be made sight unseen. There is an uncooperative occupant who refuses to give access, and any sale will be subject to the rights of the current occupants(s) until lease ends in April, 2008.”

As of september, loan is in default $23,896

BTW, where do you show that WAMU owns it? Looks like short sale to me.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[RatherOpinionated]

BTW, here’s an additional scoop on the Brae Mar listing in this post:

“Offer must be made sight unseen. There is an uncooperative occupant who refuses to give access, and any sale will be subject to the rights of the current occupants(s) until lease ends in April, 2008.”

As of september, loan is in default $23,896

BTW, where do you show that WAMU owns it? Looks like short sale to me.

[img_assist|nid=5758|title=|desc=|link=node|align=left|width=419|height=500]

[Author]

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