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bearishgurl
Participant[quote=Happs]So if the naked eye can’t distinguish Section 8 housing from regular housing, then a prospective buyer probably won’t know there is such a complex across or down the street? Would the seller need to disclose a low income housing project on the disclosure form when you sell a house/condo?[/quote]
No.
[quote=Happs]I can “get over it” if the tenants are upstanding and I don’t see police cars on a regular basis.[/quote]
Why do you think that will be the case? Have you ever lived in the vicinity of subsidized housing units before?
Participant[quote=Happs]So if the naked eye can’t distinguish Section 8 housing from regular housing, then a prospective buyer probably won’t know there is such a complex across or down the street? Would the seller need to disclose a low income housing project on the disclosure form when you sell a house/condo?[/quote]
No.
[quote=Happs]I can “get over it” if the tenants are upstanding and I don’t see police cars on a regular basis.[/quote]
Why do you think that will be the case? Have you ever lived in the vicinity of subsidized housing units before?
Participant[quote=sdrealtor]Before you get so excited about Turnbull understand that the pictures were not what the house looked like when it was sold. It was a short sale that got hammered by the prior owner. Here are the remarks you dont see on SDL.
TO be SOLD AS IS.Garage conversion unpermitted.There is no kitchen in the house,been stripped.Mold and drainage issues due to slope,waste line cracked/broken.If buyer is not all cash,confirm property is loanable
That means the house had to be sold for cash and needed massive remodelling. I beleive it was sold to flipper[/quote]
That’s a shame that the “SS owner” got away with stripping here as the kitchen was its best asset.
However, the mold and drainage, cracked waste pipe and unpermitted garage are fixable issues. If a second story was added to this property, it would be worth WELL over $1M. I would bet marbles to chalk that this “flipper” has already filed an application for a permit for a second story on this gem.
Participant[quote=sdrealtor]Before you get so excited about Turnbull understand that the pictures were not what the house looked like when it was sold. It was a short sale that got hammered by the prior owner. Here are the remarks you dont see on SDL.
TO be SOLD AS IS.Garage conversion unpermitted.There is no kitchen in the house,been stripped.Mold and drainage issues due to slope,waste line cracked/broken.If buyer is not all cash,confirm property is loanable
That means the house had to be sold for cash and needed massive remodelling. I beleive it was sold to flipper[/quote]
That’s a shame that the “SS owner” got away with stripping here as the kitchen was its best asset.
However, the mold and drainage, cracked waste pipe and unpermitted garage are fixable issues. If a second story was added to this property, it would be worth WELL over $1M. I would bet marbles to chalk that this “flipper” has already filed an application for a permit for a second story on this gem.
Participant[quote=sdrealtor]Before you get so excited about Turnbull understand that the pictures were not what the house looked like when it was sold. It was a short sale that got hammered by the prior owner. Here are the remarks you dont see on SDL.
TO be SOLD AS IS.Garage conversion unpermitted.There is no kitchen in the house,been stripped.Mold and drainage issues due to slope,waste line cracked/broken.If buyer is not all cash,confirm property is loanable
That means the house had to be sold for cash and needed massive remodelling. I beleive it was sold to flipper[/quote]
That’s a shame that the “SS owner” got away with stripping here as the kitchen was its best asset.
However, the mold and drainage, cracked waste pipe and unpermitted garage are fixable issues. If a second story was added to this property, it would be worth WELL over $1M. I would bet marbles to chalk that this “flipper” has already filed an application for a permit for a second story on this gem.
Participant[quote=sdrealtor]Before you get so excited about Turnbull understand that the pictures were not what the house looked like when it was sold. It was a short sale that got hammered by the prior owner. Here are the remarks you dont see on SDL.
TO be SOLD AS IS.Garage conversion unpermitted.There is no kitchen in the house,been stripped.Mold and drainage issues due to slope,waste line cracked/broken.If buyer is not all cash,confirm property is loanable
That means the house had to be sold for cash and needed massive remodelling. I beleive it was sold to flipper[/quote]
That’s a shame that the “SS owner” got away with stripping here as the kitchen was its best asset.
However, the mold and drainage, cracked waste pipe and unpermitted garage are fixable issues. If a second story was added to this property, it would be worth WELL over $1M. I would bet marbles to chalk that this “flipper” has already filed an application for a permit for a second story on this gem.
Participant[quote=sdrealtor]Before you get so excited about Turnbull understand that the pictures were not what the house looked like when it was sold. It was a short sale that got hammered by the prior owner. Here are the remarks you dont see on SDL.
TO be SOLD AS IS.Garage conversion unpermitted.There is no kitchen in the house,been stripped.Mold and drainage issues due to slope,waste line cracked/broken.If buyer is not all cash,confirm property is loanable
That means the house had to be sold for cash and needed massive remodelling. I beleive it was sold to flipper[/quote]
That’s a shame that the “SS owner” got away with stripping here as the kitchen was its best asset.
However, the mold and drainage, cracked waste pipe and unpermitted garage are fixable issues. If a second story was added to this property, it would be worth WELL over $1M. I would bet marbles to chalk that this “flipper” has already filed an application for a permit for a second story on this gem.
Participant[quote=CA renter][quote=jpinpb]3368 Trumbull sold for 575k, 12% below the 2001 price.[/quote]
One has to wonder if there was some structural damage or something. Nice deal![/quote]
Of course, one can never tell but from the photos, it doesn’t appear so. It appears to have a strong “pier and post” foundation.
I just think its “quaint” interior didn’t appeal to a wide variety of buyers. It appeals to me because I like big built-ins, a “rustic” kitchen, a FTC fireplace, ceiling beams and knotty pine. But that’s just me.
Participant[quote=CA renter][quote=jpinpb]3368 Trumbull sold for 575k, 12% below the 2001 price.[/quote]
One has to wonder if there was some structural damage or something. Nice deal![/quote]
Of course, one can never tell but from the photos, it doesn’t appear so. It appears to have a strong “pier and post” foundation.
I just think its “quaint” interior didn’t appeal to a wide variety of buyers. It appeals to me because I like big built-ins, a “rustic” kitchen, a FTC fireplace, ceiling beams and knotty pine. But that’s just me.
Participant[quote=CA renter][quote=jpinpb]3368 Trumbull sold for 575k, 12% below the 2001 price.[/quote]
One has to wonder if there was some structural damage or something. Nice deal![/quote]
Of course, one can never tell but from the photos, it doesn’t appear so. It appears to have a strong “pier and post” foundation.
I just think its “quaint” interior didn’t appeal to a wide variety of buyers. It appeals to me because I like big built-ins, a “rustic” kitchen, a FTC fireplace, ceiling beams and knotty pine. But that’s just me.
Participant[quote=CA renter][quote=jpinpb]3368 Trumbull sold for 575k, 12% below the 2001 price.[/quote]
One has to wonder if there was some structural damage or something. Nice deal![/quote]
Of course, one can never tell but from the photos, it doesn’t appear so. It appears to have a strong “pier and post” foundation.
I just think its “quaint” interior didn’t appeal to a wide variety of buyers. It appeals to me because I like big built-ins, a “rustic” kitchen, a FTC fireplace, ceiling beams and knotty pine. But that’s just me.
Participant[quote=CA renter][quote=jpinpb]3368 Trumbull sold for 575k, 12% below the 2001 price.[/quote]
One has to wonder if there was some structural damage or something. Nice deal![/quote]
Of course, one can never tell but from the photos, it doesn’t appear so. It appears to have a strong “pier and post” foundation.
I just think its “quaint” interior didn’t appeal to a wide variety of buyers. It appeals to me because I like big built-ins, a “rustic” kitchen, a FTC fireplace, ceiling beams and knotty pine. But that’s just me.
ParticipantOh, and I forgot to mention that the majority of rental complexes in 92107 (also adjacent to 92106) accept Section 8. In fact, this zip code may be one of the zip codes in the county sporting the MOST “Section 8” tenants :-}
IMO, the most coveted residences in this county lie within 92106 . . . by far. And it’s wedged between TWO Section 8/govm’t housing locales.
You can’t get away from Section 8, unless you live within a Covenant. So my advice is to “get over it” and be happy :=)
ParticipantOh, and I forgot to mention that the majority of rental complexes in 92107 (also adjacent to 92106) accept Section 8. In fact, this zip code may be one of the zip codes in the county sporting the MOST “Section 8” tenants :-}
IMO, the most coveted residences in this county lie within 92106 . . . by far. And it’s wedged between TWO Section 8/govm’t housing locales.
You can’t get away from Section 8, unless you live within a Covenant. So my advice is to “get over it” and be happy :=)
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