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an
ParticipantIt looked very familiar because I was going to bid on it the last time around but my max bid was no where near what this broker bid for. I agree that with the current financing climate, it would be very interesting to see how things turn out in the the next month or two. I know that not all 92128 are created equal but there is one in 92128 that’s around the same size house and lot listing for mid 500s and it hasn’t been sold. We’ll just have to wait and see. My guess is high 500s now since 92129 houses with that size and lot and age goes for around that price now.
an
ParticipantBase on the comps, How much do you think it can sell for right now? The carrying cost is probably around 3000-3500/month and it’s been about 3-4 months since it was sold at the last auction, so that’s at least $9-14k in carrying cost so far. Even if it can be sold for $651k – 3% commission, that’s $631k – $10k in carrying cost, that’s $621k. A grand profit of $6k for all that work.
an
ParticipantBase on the comps, How much do you think it can sell for right now? The carrying cost is probably around 3000-3500/month and it’s been about 3-4 months since it was sold at the last auction, so that’s at least $9-14k in carrying cost so far. Even if it can be sold for $651k – 3% commission, that’s $631k – $10k in carrying cost, that’s $621k. A grand profit of $6k for all that work.
an
ParticipantBase on the comps, How much do you think it can sell for right now? The carrying cost is probably around 3000-3500/month and it’s been about 3-4 months since it was sold at the last auction, so that’s at least $9-14k in carrying cost so far. Even if it can be sold for $651k – 3% commission, that’s $631k – $10k in carrying cost, that’s $621k. A grand profit of $6k for all that work.
an
ParticipantCould it also be a case like the infamous prudential range. In which they never intended to sell at the low end of the range and changing the low end of the range is just a way to keep the listing alive? If you have registered for email notification, these changes would make these properties show up on the email notification.
an
ParticipantCould it also be a case like the infamous prudential range. In which they never intended to sell at the low end of the range and changing the low end of the range is just a way to keep the listing alive? If you have registered for email notification, these changes would make these properties show up on the email notification.
an
ParticipantCould it also be a case like the infamous prudential range. In which they never intended to sell at the low end of the range and changing the low end of the range is just a way to keep the listing alive? If you have registered for email notification, these changes would make these properties show up on the email notification.
an
ParticipantSD Realtor, I completely agree with you. San Diego is not for everyone. If you crave culture, this is definitely not the place to be. I’ve bitch and moan about the cost of living here but the countless time I’ve tried to start looking for work somewhere else, I’d go outside and see/feel why I’m still here. We all have our wants/needs/dislikes. We all are living here because at the current moment, San Diego fits the bill. Some of us continue to live here because although SD is changing, it still fits the bill. Although I was not born here, after living here for over 17 years, SD is still the place for me, even after traveling to countless other cities and other countries. If I want culture and go see some fantastic Broadway shows, I’ll just make a weekend get away to NY, SF, etc. But day in and day out, after getting out of work, I want to be able to relax and enjoy the weather. Although we do not have seasons, that’s the main reason why I love it year.
an
ParticipantSD Realtor, I completely agree with you. San Diego is not for everyone. If you crave culture, this is definitely not the place to be. I’ve bitch and moan about the cost of living here but the countless time I’ve tried to start looking for work somewhere else, I’d go outside and see/feel why I’m still here. We all have our wants/needs/dislikes. We all are living here because at the current moment, San Diego fits the bill. Some of us continue to live here because although SD is changing, it still fits the bill. Although I was not born here, after living here for over 17 years, SD is still the place for me, even after traveling to countless other cities and other countries. If I want culture and go see some fantastic Broadway shows, I’ll just make a weekend get away to NY, SF, etc. But day in and day out, after getting out of work, I want to be able to relax and enjoy the weather. Although we do not have seasons, that’s the main reason why I love it year.
an
ParticipantSD Realtor, I completely agree with you. San Diego is not for everyone. If you crave culture, this is definitely not the place to be. I’ve bitch and moan about the cost of living here but the countless time I’ve tried to start looking for work somewhere else, I’d go outside and see/feel why I’m still here. We all have our wants/needs/dislikes. We all are living here because at the current moment, San Diego fits the bill. Some of us continue to live here because although SD is changing, it still fits the bill. Although I was not born here, after living here for over 17 years, SD is still the place for me, even after traveling to countless other cities and other countries. If I want culture and go see some fantastic Broadway shows, I’ll just make a weekend get away to NY, SF, etc. But day in and day out, after getting out of work, I want to be able to relax and enjoy the weather. Although we do not have seasons, that’s the main reason why I love it year.
an
ParticipantIf you’re thinking about diversifying to other currency, another option you have is through E-trade. They now allow you to convert to 5-6 different currencies. On the top of my head, it’s Canadian, Hong Kong, Japan, France, Germany, and I think England. You can then use that currency to buy that nation’s stock. I’m sure if you leave it in there w/out investing it, it’ll earn you interest as well just like regular saving account.
an
ParticipantIf you’re thinking about diversifying to other currency, another option you have is through E-trade. They now allow you to convert to 5-6 different currencies. On the top of my head, it’s Canadian, Hong Kong, Japan, France, Germany, and I think England. You can then use that currency to buy that nation’s stock. I’m sure if you leave it in there w/out investing it, it’ll earn you interest as well just like regular saving account.
an
ParticipantIf you’re thinking about diversifying to other currency, another option you have is through E-trade. They now allow you to convert to 5-6 different currencies. On the top of my head, it’s Canadian, Hong Kong, Japan, France, Germany, and I think England. You can then use that currency to buy that nation’s stock. I’m sure if you leave it in there w/out investing it, it’ll earn you interest as well just like regular saving account.
an
ParticipantBase on the data Yahoo shows, today’s volume is about 5 billion shares. That’s well above the daily volume of 2-3 billions shares over the last 3 months and above daily volume of about 4 billions shares during this decline. It also looks like a double bottom for me with strong volume on the rebound, the next several days should be interesting.
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