Short Sell vs Foreclosure

[4spotentialbuyer]

Personal questions: Do you really like the place? Why can you no longer wait to buy? Do you HAVE to be in 4S Ranch? Can you easily afford the PITI long term or will it be a struggle

I like 4S Ranch…close to my work, close to family, good school system. I am not ready to buy this place…looking for the best value for a large 3000 sq ft home to raise our growing family….There is a disagreement in our family regarding whether to buy now or wait. I want to wait, my spouse does not. We could afford the PITI in the long run…

I know lots of families who are willing to pay HOAs, Mellos Roos in order to live in a newer community that has a good school system. While there certainly were flippers in 4S Ranch, there are also many families who have been waiting for the prices to drop in order to buy & stay there long term.

[jpinpb]

It is a personal decision and it sounds like it’s partly been made. No one here can make the decision for you, but I think most of us see the writing on the wall and expect prices to decline further, barring some incredible dramatic rescue. We are “optismistic” that there won’t be.

I went through this 2 years ago w/a family member. Urged to buy. Big arguments over it. I held my ground. Feeling very relieved that I waited. Now watching the declines. Still not at a comfortable price. Hesitant to buy if there will be further declines by year end. 10% makes a difference to me.

Will it matter to you? Will you be okay buying now even if there are further declines? That’s why I asked if it’s long term. If you plan on being there a long time, you have children, want the good schools and neighborhood, etc. factor that into the price and try to ride it out.

[jpinpb]

It is a personal decision and it sounds like it’s partly been made. No one here can make the decision for you, but I think most of us see the writing on the wall and expect prices to decline further, barring some incredible dramatic rescue. We are “optismistic” that there won’t be.

I went through this 2 years ago w/a family member. Urged to buy. Big arguments over it. I held my ground. Feeling very relieved that I waited. Now watching the declines. Still not at a comfortable price. Hesitant to buy if there will be further declines by year end. 10% makes a difference to me.

Will it matter to you? Will you be okay buying now even if there are further declines? That’s why I asked if it’s long term. If you plan on being there a long time, you have children, want the good schools and neighborhood, etc. factor that into the price and try to ride it out.

[jpinpb]

It is a personal decision and it sounds like it’s partly been made. No one here can make the decision for you, but I think most of us see the writing on the wall and expect prices to decline further, barring some incredible dramatic rescue. We are “optismistic” that there won’t be.

I went through this 2 years ago w/a family member. Urged to buy. Big arguments over it. I held my ground. Feeling very relieved that I waited. Now watching the declines. Still not at a comfortable price. Hesitant to buy if there will be further declines by year end. 10% makes a difference to me.

Will it matter to you? Will you be okay buying now even if there are further declines? That’s why I asked if it’s long term. If you plan on being there a long time, you have children, want the good schools and neighborhood, etc. factor that into the price and try to ride it out.

[jpinpb]

It is a personal decision and it sounds like it’s partly been made. No one here can make the decision for you, but I think most of us see the writing on the wall and expect prices to decline further, barring some incredible dramatic rescue. We are “optismistic” that there won’t be.

I went through this 2 years ago w/a family member. Urged to buy. Big arguments over it. I held my ground. Feeling very relieved that I waited. Now watching the declines. Still not at a comfortable price. Hesitant to buy if there will be further declines by year end. 10% makes a difference to me.

Will it matter to you? Will you be okay buying now even if there are further declines? That’s why I asked if it’s long term. If you plan on being there a long time, you have children, want the good schools and neighborhood, etc. factor that into the price and try to ride it out.

[jpinpb]

It is a personal decision and it sounds like it’s partly been made. No one here can make the decision for you, but I think most of us see the writing on the wall and expect prices to decline further, barring some incredible dramatic rescue. We are “optismistic” that there won’t be.

I went through this 2 years ago w/a family member. Urged to buy. Big arguments over it. I held my ground. Feeling very relieved that I waited. Now watching the declines. Still not at a comfortable price. Hesitant to buy if there will be further declines by year end. 10% makes a difference to me.

Will it matter to you? Will you be okay buying now even if there are further declines? That’s why I asked if it’s long term. If you plan on being there a long time, you have children, want the good schools and neighborhood, etc. factor that into the price and try to ride it out.

[4spotentialbuyer]

Another short sell, same floorplan

mlsnum=76066181
17038 Albert Ave, San Diego, 92127 – Price $700,000 – $770,000 *VRM

Listing agents comments: SHORT SALE!Seller will entertain offers bewteen $700,000 and $770,000. Bring your buyer, this home is a delight to your eyes, it boasts upgrades galore! Property is on the brink of foreclosure, come and bring us an offer! Please show Mon.-Fri. between 5 p.m. and 8 p.m.

-What is interesting is that there is not even a for sale sign in front of the house, no pictures on the MLS, and there are only limited hours to view the house. Not sure if they really want to sell.

[4spotentialbuyer]

Another short sell, same floorplan

mlsnum=76066181
17038 Albert Ave, San Diego, 92127 – Price $700,000 – $770,000 *VRM

Listing agents comments: SHORT SALE!Seller will entertain offers bewteen $700,000 and $770,000. Bring your buyer, this home is a delight to your eyes, it boasts upgrades galore! Property is on the brink of foreclosure, come and bring us an offer! Please show Mon.-Fri. between 5 p.m. and 8 p.m.

-What is interesting is that there is not even a for sale sign in front of the house, no pictures on the MLS, and there are only limited hours to view the house. Not sure if they really want to sell.

[4spotentialbuyer]

Another short sell, same floorplan

mlsnum=76066181
17038 Albert Ave, San Diego, 92127 – Price $700,000 – $770,000 *VRM

Listing agents comments: SHORT SALE!Seller will entertain offers bewteen $700,000 and $770,000. Bring your buyer, this home is a delight to your eyes, it boasts upgrades galore! Property is on the brink of foreclosure, come and bring us an offer! Please show Mon.-Fri. between 5 p.m. and 8 p.m.

-What is interesting is that there is not even a for sale sign in front of the house, no pictures on the MLS, and there are only limited hours to view the house. Not sure if they really want to sell.

[4spotentialbuyer]

Another short sell, same floorplan

mlsnum=76066181
17038 Albert Ave, San Diego, 92127 – Price $700,000 – $770,000 *VRM

Listing agents comments: SHORT SALE!Seller will entertain offers bewteen $700,000 and $770,000. Bring your buyer, this home is a delight to your eyes, it boasts upgrades galore! Property is on the brink of foreclosure, come and bring us an offer! Please show Mon.-Fri. between 5 p.m. and 8 p.m.

-What is interesting is that there is not even a for sale sign in front of the house, no pictures on the MLS, and there are only limited hours to view the house. Not sure if they really want to sell.

[4spotentialbuyer]

Another short sell, same floorplan

mlsnum=76066181
17038 Albert Ave, San Diego, 92127 – Price $700,000 – $770,000 *VRM

Listing agents comments: SHORT SALE!Seller will entertain offers bewteen $700,000 and $770,000. Bring your buyer, this home is a delight to your eyes, it boasts upgrades galore! Property is on the brink of foreclosure, come and bring us an offer! Please show Mon.-Fri. between 5 p.m. and 8 p.m.

-What is interesting is that there is not even a for sale sign in front of the house, no pictures on the MLS, and there are only limited hours to view the house. Not sure if they really want to sell.

[Author]

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