[jimklinge]

Thanks for the support, four walling, I appreciate it.

To waitingpatiently – you don’t need ALL the houses to get down to your price – Just ONE! To answer your specific question about what price that would be, I think in the higher-end areas if you can find a great-looking house in a good location today around 2003 pricing, you’ll see it fly off the market.

Next summer? Not sure about prices then, but the fourth quarter of 2008 will be an opportunity to nab one from a desperate seller. All eyes will be on the election, school, holidays, etc., and sales should slow to a crawl (again, like in 2007). With less competition from other buyers in a market where only those sellers who really need to sell scurrying around, it will be an ideal time to bust one with a lowball offer.

I think it’s worth it to keep looking straight through, because you never know when you might find the perfect house at the perfect price.

Feel free to contact me if you’d like to discuss it further:

[email protected] or (760) 434-5000

Jim the Realtor

P.S. If you are willing to compromise on quality or location, you can do better, probably closer to 2002 pricing. But are you willing to settle? Most people aren’t. We’ll sort through the features and benefits of each house and put the right value on them, and that way, you’ll get the most, and pay the least.

[jimklinge]

Thanks for the support, four walling, I appreciate it.

To waitingpatiently – you don’t need ALL the houses to get down to your price – Just ONE! To answer your specific question about what price that would be, I think in the higher-end areas if you can find a great-looking house in a good location today around 2003 pricing, you’ll see it fly off the market.

Next summer? Not sure about prices then, but the fourth quarter of 2008 will be an opportunity to nab one from a desperate seller. All eyes will be on the election, school, holidays, etc., and sales should slow to a crawl (again, like in 2007). With less competition from other buyers in a market where only those sellers who really need to sell scurrying around, it will be an ideal time to bust one with a lowball offer.

I think it’s worth it to keep looking straight through, because you never know when you might find the perfect house at the perfect price.

Feel free to contact me if you’d like to discuss it further:

[email protected] or (760) 434-5000

Jim the Realtor

P.S. If you are willing to compromise on quality or location, you can do better, probably closer to 2002 pricing. But are you willing to settle? Most people aren’t. We’ll sort through the features and benefits of each house and put the right value on them, and that way, you’ll get the most, and pay the least.

[jimklinge]

Thanks for the support, four walling, I appreciate it.

To waitingpatiently – you don’t need ALL the houses to get down to your price – Just ONE! To answer your specific question about what price that would be, I think in the higher-end areas if you can find a great-looking house in a good location today around 2003 pricing, you’ll see it fly off the market.

Next summer? Not sure about prices then, but the fourth quarter of 2008 will be an opportunity to nab one from a desperate seller. All eyes will be on the election, school, holidays, etc., and sales should slow to a crawl (again, like in 2007). With less competition from other buyers in a market where only those sellers who really need to sell scurrying around, it will be an ideal time to bust one with a lowball offer.

I think it’s worth it to keep looking straight through, because you never know when you might find the perfect house at the perfect price.

Feel free to contact me if you’d like to discuss it further:

[email protected] or (760) 434-5000

Jim the Realtor

P.S. If you are willing to compromise on quality or location, you can do better, probably closer to 2002 pricing. But are you willing to settle? Most people aren’t. We’ll sort through the features and benefits of each house and put the right value on them, and that way, you’ll get the most, and pay the least.

[jimklinge]

Use the form SSA, the short sale addendum (revised 11/07). Mark on paragraph B that your 17-day inspection period begins the day you receive the bank’s approval of your offer. That’ll get you 1-3 months extension of your inspection contingency time to shop the market. If your offer is finally accepted by the bank, and you still like the property, you’re in a position to purchase it – go get your inspection and appraisal then.

Paragraph A also puts a limit on how long you are willing to wait to receive the bank’s answer, but you could include that in your standard offer-expiration paragraph.

Get a good agent to help you.

Jim the Realtor

[jimklinge]

Use the form SSA, the short sale addendum (revised 11/07). Mark on paragraph B that your 17-day inspection period begins the day you receive the bank’s approval of your offer. That’ll get you 1-3 months extension of your inspection contingency time to shop the market. If your offer is finally accepted by the bank, and you still like the property, you’re in a position to purchase it – go get your inspection and appraisal then.

Paragraph A also puts a limit on how long you are willing to wait to receive the bank’s answer, but you could include that in your standard offer-expiration paragraph.

Get a good agent to help you.

Jim the Realtor

[jimklinge]

Use the form SSA, the short sale addendum (revised 11/07). Mark on paragraph B that your 17-day inspection period begins the day you receive the bank’s approval of your offer. That’ll get you 1-3 months extension of your inspection contingency time to shop the market. If your offer is finally accepted by the bank, and you still like the property, you’re in a position to purchase it – go get your inspection and appraisal then.

Paragraph A also puts a limit on how long you are willing to wait to receive the bank’s answer, but you could include that in your standard offer-expiration paragraph.

Get a good agent to help you.

Jim the Realtor

[jimklinge]

Use the form SSA, the short sale addendum (revised 11/07). Mark on paragraph B that your 17-day inspection period begins the day you receive the bank’s approval of your offer. That’ll get you 1-3 months extension of your inspection contingency time to shop the market. If your offer is finally accepted by the bank, and you still like the property, you’re in a position to purchase it – go get your inspection and appraisal then.

Paragraph A also puts a limit on how long you are willing to wait to receive the bank’s answer, but you could include that in your standard offer-expiration paragraph.

Get a good agent to help you.

Jim the Realtor

[jimklinge]

Use the form SSA, the short sale addendum (revised 11/07). Mark on paragraph B that your 17-day inspection period begins the day you receive the bank’s approval of your offer. That’ll get you 1-3 months extension of your inspection contingency time to shop the market. If your offer is finally accepted by the bank, and you still like the property, you’re in a position to purchase it – go get your inspection and appraisal then.

Paragraph A also puts a limit on how long you are willing to wait to receive the bank’s answer, but you could include that in your standard offer-expiration paragraph.

Get a good agent to help you.

Jim the Realtor

[jimklinge]

That’s cool, I’m a big fan of yours too.

I like the agent, and doubt she’s lying about the number. But yes, I’d question the ability of the offerees to withstand the next 3-4 months of short sale proceedings. By the time the lender’s negotiator gets around to making a decision, those three offerees will be long gone, and the two foreclosures-in-process down the street will be ready for harvest.

I have shown this house a couple of times, and it definitely has it flaws. It could slide a lot further down the scale, the longer it takes.

I think the banks are in for a big surprise in the 92127 high-end market. This year 90 new listings have come on the market over $1,400,000, and only two of those have closed escrow, one for $1,500,000 and the other for $3,800,000.

I know all the homeowners around there are probably thinking they are worth $2 million-plus, but there isn’t much evdience of such.

Currently there are 94 active listings in 92127 between $1.4 and $7.4. There just aren’t enough willing buyers for 94 homes in that price range – especially buyers willing to pay $500 to $1,000 per month in mello-roos.

JTR

[jimklinge]

That’s cool, I’m a big fan of yours too.

I like the agent, and doubt she’s lying about the number. But yes, I’d question the ability of the offerees to withstand the next 3-4 months of short sale proceedings. By the time the lender’s negotiator gets around to making a decision, those three offerees will be long gone, and the two foreclosures-in-process down the street will be ready for harvest.

I have shown this house a couple of times, and it definitely has it flaws. It could slide a lot further down the scale, the longer it takes.

I think the banks are in for a big surprise in the 92127 high-end market. This year 90 new listings have come on the market over $1,400,000, and only two of those have closed escrow, one for $1,500,000 and the other for $3,800,000.

I know all the homeowners around there are probably thinking they are worth $2 million-plus, but there isn’t much evdience of such.

Currently there are 94 active listings in 92127 between $1.4 and $7.4. There just aren’t enough willing buyers for 94 homes in that price range – especially buyers willing to pay $500 to $1,000 per month in mello-roos.

JTR

[jimklinge]

That’s cool, I’m a big fan of yours too.

I like the agent, and doubt she’s lying about the number. But yes, I’d question the ability of the offerees to withstand the next 3-4 months of short sale proceedings. By the time the lender’s negotiator gets around to making a decision, those three offerees will be long gone, and the two foreclosures-in-process down the street will be ready for harvest.

I have shown this house a couple of times, and it definitely has it flaws. It could slide a lot further down the scale, the longer it takes.

I think the banks are in for a big surprise in the 92127 high-end market. This year 90 new listings have come on the market over $1,400,000, and only two of those have closed escrow, one for $1,500,000 and the other for $3,800,000.

I know all the homeowners around there are probably thinking they are worth $2 million-plus, but there isn’t much evdience of such.

Currently there are 94 active listings in 92127 between $1.4 and $7.4. There just aren’t enough willing buyers for 94 homes in that price range – especially buyers willing to pay $500 to $1,000 per month in mello-roos.

JTR

[jimklinge]

That’s cool, I’m a big fan of yours too.

I like the agent, and doubt she’s lying about the number. But yes, I’d question the ability of the offerees to withstand the next 3-4 months of short sale proceedings. By the time the lender’s negotiator gets around to making a decision, those three offerees will be long gone, and the two foreclosures-in-process down the street will be ready for harvest.

I have shown this house a couple of times, and it definitely has it flaws. It could slide a lot further down the scale, the longer it takes.

I think the banks are in for a big surprise in the 92127 high-end market. This year 90 new listings have come on the market over $1,400,000, and only two of those have closed escrow, one for $1,500,000 and the other for $3,800,000.

I know all the homeowners around there are probably thinking they are worth $2 million-plus, but there isn’t much evdience of such.

Currently there are 94 active listings in 92127 between $1.4 and $7.4. There just aren’t enough willing buyers for 94 homes in that price range – especially buyers willing to pay $500 to $1,000 per month in mello-roos.

JTR

[jimklinge]

That’s cool, I’m a big fan of yours too.

I like the agent, and doubt she’s lying about the number. But yes, I’d question the ability of the offerees to withstand the next 3-4 months of short sale proceedings. By the time the lender’s negotiator gets around to making a decision, those three offerees will be long gone, and the two foreclosures-in-process down the street will be ready for harvest.

I have shown this house a couple of times, and it definitely has it flaws. It could slide a lot further down the scale, the longer it takes.

I think the banks are in for a big surprise in the 92127 high-end market. This year 90 new listings have come on the market over $1,400,000, and only two of those have closed escrow, one for $1,500,000 and the other for $3,800,000.

I know all the homeowners around there are probably thinking they are worth $2 million-plus, but there isn’t much evdience of such.

Currently there are 94 active listings in 92127 between $1.4 and $7.4. There just aren’t enough willing buyers for 94 homes in that price range – especially buyers willing to pay $500 to $1,000 per month in mello-roos.

JTR

[jimklinge]

Are you talking about me? You better bring everything you got if you are going to call me ‘particularly untrustworthy’ – them are fightin’ words.

Jim the Realtor

[jimklinge]

Are you talking about me? You better bring everything you got if you are going to call me ‘particularly untrustworthy’ – them are fightin’ words.

Jim the Realtor

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