Temecula – 1/2 acre lot – $335K

[pizzaman]

Well, our full price cash offer didn’t get it done. Not sure what the accepted offer was but the agent says they got 15 in the few days it was on the market again. Here’s the listing http://www.redfin.com/CA/Murrieta/23993-Noelle-Ave-92562/home/6461848
If the link dies, it’s a 2766 sq ft single story house on a 1/3 acre in Murrieta. Bank owned listed for 331,500. Sold new in November 2003 for 407,500 then again in May of 2006 for 715,000.

[dharmagirl]

Wow, Pizzaman. That’s amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

[dharmagirl]

Wow, Pizzaman. That’s amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

[dharmagirl]

Wow, Pizzaman. That’s amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

[dharmagirl]

Wow, Pizzaman. That’s amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

[dharmagirl]

Wow, Pizzaman. That’s amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[gn]

That's amazing. My realtor has been telling me that people come in with full cash offers and quick escrow…but 15 offers….wow…..

There are 2 possible intepretations to this :

1. The market is recovering, hence the multiple offers.

2. There are still a lot of foolish "knife catchers" out there 🙂

[pizzaman]

On a positive note the house in question has fallen out of escrow twice and the first time there was 25 offers, so we are making some progress.

[pizzaman]

On a positive note the house in question has fallen out of escrow twice and the first time there was 25 offers, so we are making some progress.

[pizzaman]

On a positive note the house in question has fallen out of escrow twice and the first time there was 25 offers, so we are making some progress.

[pizzaman]

On a positive note the house in question has fallen out of escrow twice and the first time there was 25 offers, so we are making some progress.

[Author]

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