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AuthorPosts
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Arraya
Participant“Alex angel, your love for 4S Ranch makes me wonder if you have a property for sale.”
That or he wants to buy and is looking for confirmation….
ParticipantTell this guy just to wait a little longer and not drop his prices help is on the way…
15266 Winesprings Court, San Diego/4S Ranch, CA 92127 (4,136 sqft)
–02/2006: purchased for $1.115 million. ($270/sqft).
–02/2007: listed for $1.2 million on the MLS.
–Price Reduced: 04/10/07 — $1,199,888 to $1,000,000
–Price Reduced: 05/02/07 — $1,000,000 to $950,000
–Price Reduced: 06/16/07 — $950,000 to $940,000
–Price Reduced: 06/28/07 — $940,000 to $900,000
–Price Reduced: 07/23/07 — $900,000 to $890,000 ($215/sqft).ParticipantTell this guy just to wait a little longer and not drop his prices help is on the way…
15266 Winesprings Court, San Diego/4S Ranch, CA 92127 (4,136 sqft)
–02/2006: purchased for $1.115 million. ($270/sqft).
–02/2007: listed for $1.2 million on the MLS.
–Price Reduced: 04/10/07 — $1,199,888 to $1,000,000
–Price Reduced: 05/02/07 — $1,000,000 to $950,000
–Price Reduced: 06/16/07 — $950,000 to $940,000
–Price Reduced: 06/28/07 — $940,000 to $900,000
–Price Reduced: 07/23/07 — $900,000 to $890,000 ($215/sqft).ParticipantTell this guy just to wait a little longer and not drop his prices help is on the way…
15266 Winesprings Court, San Diego/4S Ranch, CA 92127 (4,136 sqft)
–02/2006: purchased for $1.115 million. ($270/sqft).
–02/2007: listed for $1.2 million on the MLS.
–Price Reduced: 04/10/07 — $1,199,888 to $1,000,000
–Price Reduced: 05/02/07 — $1,000,000 to $950,000
–Price Reduced: 06/16/07 — $950,000 to $940,000
–Price Reduced: 06/28/07 — $940,000 to $900,000
–Price Reduced: 07/23/07 — $900,000 to $890,000 ($215/sqft).ParticipantThe title report that I looked at for 33965 shows a company name as owner and an address in Ocean Beach?
ParticipantThe title report that I looked at for 33965 shows a company name as owner and an address in Ocean Beach?
ParticipantYeah, some sort of cash back fraud. Looks like the owner now is a company. Hmmm…
ParticipantYeah, some sort of cash back fraud. Looks like the owner now is a company. Hmmm…
ParticipantWow, obvioulsy #2 is a much better negotiator;)
Being that the sale closed in June an appraiser can go back six months to use comparibles. On paper one could justify that price using comparibles within the allowable timeframe. However doing that an appraiser would have to completely ignore some blatently obvious trends.
Hopefully #1 asks the same question to all the people involved in the transaction.
Interesting.
ParticipantWow, obvioulsy #2 is a much better negotiator;)
Being that the sale closed in June an appraiser can go back six months to use comparibles. On paper one could justify that price using comparibles within the allowable timeframe. However doing that an appraiser would have to completely ignore some blatently obvious trends.
Hopefully #1 asks the same question to all the people involved in the transaction.
Interesting.
ParticipantWow, obvioulsy #2 is a much better negotiator;)
Being that the sale closed in June an appraiser can go back six months to use comparibles. On paper one could justify that price using comparibles within the allowable timeframe. However doing that an appraiser would have to completely ignore some blatently obvious trends.
Hopefully #1 asks the same question to all the people involved in the transaction.
Interesting.
ParticipantWow, obvioulsy #2 is a much better negotiator;)
Being that the sale closed in June an appraiser can go back six months to use comparibles. On paper one could justify that price using comparibles within the allowable timeframe. However doing that an appraiser would have to completely ignore some blatently obvious trends.
Hopefully #1 asks the same question to all the people involved in the transaction.
Interesting.
Participant3 months ago that would not have been a problem. Though you will be hard pressed to find a lender today that can do it. Stated “self employed” has a better shot than stated “wage earner”. Also, the assets would have to be significant.
That is the type of loan that many lenders put a freeze on as of friday. It falls into the Alt-a category. Underwriting guidelines on these types of loans are changing by the hour.
.Bottom line is it was a common loan up until a few months ago. However with evey new day and another hedge fund explosion on wall street the number of lenders that would take a chance with that loan is shrinking.
Participant3 months ago that would not have been a problem. Though you will be hard pressed to find a lender today that can do it. Stated “self employed” has a better shot than stated “wage earner”. Also, the assets would have to be significant.
That is the type of loan that many lenders put a freeze on as of friday. It falls into the Alt-a category. Underwriting guidelines on these types of loans are changing by the hour.
.Bottom line is it was a common loan up until a few months ago. However with evey new day and another hedge fund explosion on wall street the number of lenders that would take a chance with that loan is shrinking.
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