Should we panic?

[pjwal]

We are looking to upgrade (we’re pretty set on moving to La Costa Greens or Del Sur) and a bank owned comp just sold for 509 near us at 2411 Tinada Ct, 92009. I either don’t know how to search for MLS listings or it is not listed or I’d list a link here. (we got the info through friends).

We walked through…it’s a shingle roof, ours is new, our lot is about 10 ft wider and has an optional garage attached office. We are situated a little further back, but both homes have no neighbors in back (the comp has a sloped downward hill, we have a sloped downward dry creek-bed that the HOA is about to beautify). Ours does not need painting on the outside or landscaping. Outside of that not much difference.

This comp is still in escrow.

My wife thinks this comp means we should essentially run for the hills and sell before it goes through escrow (the smaller one story houses like we have don’t ever last long on the market). I said I could possibly see the logic in listing for a couple weeks before the escrow closes, but I told her I’d have to ask this forum first.

What do you all think? Could we be hurt by listing for a couple weeks and then pulling it off? Again, we’re determined to make the move, our finances are in order. Part of me is excited to throw three sheets to the wind and figure it out and another is hesitant to make a move before we have actually closed on our new home.

~pj

[UCGal]

http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

That went back to the bank in may – but given the $ amount, it may have been a second, rather than first trust deed.

It appears it was listed for several days before going pending.

http://www.redfin.com/CA/Carlsbad/2411-La-Tinada-Ct-92009/home/4072751

I can’t advise on whether to list now or not… I’m not familiar enough with your sub-market and what price you’d be listing at. It seems like escrows are closing pretty fast these days – so your window of getting under contract and all contingencies removed is pretty short. This went pending on 9/3, so it’s likely to close early October.

[UCGal]

http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

That went back to the bank in may – but given the $ amount, it may have been a second, rather than first trust deed.

It appears it was listed for several days before going pending.

http://www.redfin.com/CA/Carlsbad/2411-La-Tinada-Ct-92009/home/4072751

I can’t advise on whether to list now or not… I’m not familiar enough with your sub-market and what price you’d be listing at. It seems like escrows are closing pretty fast these days – so your window of getting under contract and all contingencies removed is pretty short. This went pending on 9/3, so it’s likely to close early October.

[UCGal]

http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

That went back to the bank in may – but given the $ amount, it may have been a second, rather than first trust deed.

It appears it was listed for several days before going pending.

http://www.redfin.com/CA/Carlsbad/2411-La-Tinada-Ct-92009/home/4072751

I can’t advise on whether to list now or not… I’m not familiar enough with your sub-market and what price you’d be listing at. It seems like escrows are closing pretty fast these days – so your window of getting under contract and all contingencies removed is pretty short. This went pending on 9/3, so it’s likely to close early October.

[UCGal]

http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

That went back to the bank in may – but given the $ amount, it may have been a second, rather than first trust deed.

It appears it was listed for several days before going pending.

http://www.redfin.com/CA/Carlsbad/2411-La-Tinada-Ct-92009/home/4072751

I can’t advise on whether to list now or not… I’m not familiar enough with your sub-market and what price you’d be listing at. It seems like escrows are closing pretty fast these days – so your window of getting under contract and all contingencies removed is pretty short. This went pending on 9/3, so it’s likely to close early October.

[UCGal]

http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

That went back to the bank in may – but given the $ amount, it may have been a second, rather than first trust deed.

It appears it was listed for several days before going pending.

http://www.redfin.com/CA/Carlsbad/2411-La-Tinada-Ct-92009/home/4072751

I can’t advise on whether to list now or not… I’m not familiar enough with your sub-market and what price you’d be listing at. It seems like escrows are closing pretty fast these days – so your window of getting under contract and all contingencies removed is pretty short. This went pending on 9/3, so it’s likely to close early October.

[UCGal]

Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:

“When in danger or in doubt, run in circles scream and shout!”

(in other words – panic. LOL.)

[UCGal]

Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:

“When in danger or in doubt, run in circles scream and shout!”

(in other words – panic. LOL.)

[UCGal]

Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:

“When in danger or in doubt, run in circles scream and shout!”

(in other words – panic. LOL.)

[UCGal]

Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:

“When in danger or in doubt, run in circles scream and shout!”

(in other words – panic. LOL.)

[UCGal]

Oh – and based on your title of this thread… I have to quote my favorite Robert Heinlein quote:

“When in danger or in doubt, run in circles scream and shout!”

(in other words – panic. LOL.)

[(former)FormerSanDiegan]

Regardless of when it closes, smart buyers will know about this property. IF you listed yours a and IF it went into escrow sometime before that property closes, chances are you will not get through escrow without the other property showing up either as sold or back on the market.

I would based when I list on other factors, such as its readiness to show, the existing competition on the MLS for comparable properties, and the local state of the market. Sicne you are purchasing another before selling this one, I assume that you would be able to hold on and keep it as a rental if all else fails.
Otherwsie, I would have sold first then purchased.

SDL does not show listing, but zillow does (removed sept 4).

Here is the property on SDL: http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

Zillow:
http://www.zillow.com/homedetails/2411-La-Tinada-Ct-Carlsbad-CA-92009/16710355_zpid/

[(former)FormerSanDiegan]

Regardless of when it closes, smart buyers will know about this property. IF you listed yours a and IF it went into escrow sometime before that property closes, chances are you will not get through escrow without the other property showing up either as sold or back on the market.

I would based when I list on other factors, such as its readiness to show, the existing competition on the MLS for comparable properties, and the local state of the market. Sicne you are purchasing another before selling this one, I assume that you would be able to hold on and keep it as a rental if all else fails.
Otherwsie, I would have sold first then purchased.

SDL does not show listing, but zillow does (removed sept 4).

Here is the property on SDL: http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

Zillow:
http://www.zillow.com/homedetails/2411-La-Tinada-Ct-Carlsbad-CA-92009/16710355_zpid/

[(former)FormerSanDiegan]

Regardless of when it closes, smart buyers will know about this property. IF you listed yours a and IF it went into escrow sometime before that property closes, chances are you will not get through escrow without the other property showing up either as sold or back on the market.

I would based when I list on other factors, such as its readiness to show, the existing competition on the MLS for comparable properties, and the local state of the market. Sicne you are purchasing another before selling this one, I assume that you would be able to hold on and keep it as a rental if all else fails.
Otherwsie, I would have sold first then purchased.

SDL does not show listing, but zillow does (removed sept 4).

Here is the property on SDL: http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

Zillow:
http://www.zillow.com/homedetails/2411-La-Tinada-Ct-Carlsbad-CA-92009/16710355_zpid/

[(former)FormerSanDiegan]

Regardless of when it closes, smart buyers will know about this property. IF you listed yours a and IF it went into escrow sometime before that property closes, chances are you will not get through escrow without the other property showing up either as sold or back on the market.

I would based when I list on other factors, such as its readiness to show, the existing competition on the MLS for comparable properties, and the local state of the market. Sicne you are purchasing another before selling this one, I assume that you would be able to hold on and keep it as a rental if all else fails.
Otherwsie, I would have sold first then purchased.

SDL does not show listing, but zillow does (removed sept 4).

Here is the property on SDL: http://www.sdlookup.com/Property-617325F3-2411_La_Tinada_Ct_Carlsbad_CA_92009

Zillow:
http://www.zillow.com/homedetails/2411-La-Tinada-Ct-Carlsbad-CA-92009/16710355_zpid/

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