[jpinpb]

That was a great article. I enjoyed reading it. I think the best part was the way they ended it: “The Times of London ran a commentary by a geography professor Chris Hamnett titled, “Great news! House prices are down.” His point: By making homes more affordable, a big price drop will be good for the market’s long-term health.”

I think some newspapers here have to adopt that attitude.

[jpinpb]

That was a great article. I enjoyed reading it. I think the best part was the way they ended it: “The Times of London ran a commentary by a geography professor Chris Hamnett titled, “Great news! House prices are down.” His point: By making homes more affordable, a big price drop will be good for the market’s long-term health.”

I think some newspapers here have to adopt that attitude.

[jpinpb]

That was a great article. I enjoyed reading it. I think the best part was the way they ended it: “The Times of London ran a commentary by a geography professor Chris Hamnett titled, “Great news! House prices are down.” His point: By making homes more affordable, a big price drop will be good for the market’s long-term health.”

I think some newspapers here have to adopt that attitude.

[jpinpb]

I owned a house in the previous boom. I tried to sell it in ’93. For a year it sat on the market, the length of the listing, w/not one offer. I didn’t ask anymore than I paid for it when I bought it a few years earlier.

I didn’t need a newspaper to tell me the market changed. I took it off the market and didn’t put it back on until many years later when the market picked up again.

These people are in serious denial. They need to wake up and smell the coffee. The flipping days are over. I say, if you can take riding it out, take it off the market and stop trying to sell something unsellable at a ridiculous price. All they’re doing is flooding the market w/inventory.

IMHO, there is less demand b/c of less qualified buyers. And those that are qualified (I’m one) are looking for a bargain. There are a lot of desperate people out there. More defaults and foreclosures on the way bringing down comps.

[jpinpb]

I owned a house in the previous boom. I tried to sell it in ’93. For a year it sat on the market, the length of the listing, w/not one offer. I didn’t ask anymore than I paid for it when I bought it a few years earlier.

I didn’t need a newspaper to tell me the market changed. I took it off the market and didn’t put it back on until many years later when the market picked up again.

These people are in serious denial. They need to wake up and smell the coffee. The flipping days are over. I say, if you can take riding it out, take it off the market and stop trying to sell something unsellable at a ridiculous price. All they’re doing is flooding the market w/inventory.

IMHO, there is less demand b/c of less qualified buyers. And those that are qualified (I’m one) are looking for a bargain. There are a lot of desperate people out there. More defaults and foreclosures on the way bringing down comps.

[jpinpb]

I owned a house in the previous boom. I tried to sell it in ’93. For a year it sat on the market, the length of the listing, w/not one offer. I didn’t ask anymore than I paid for it when I bought it a few years earlier.

I didn’t need a newspaper to tell me the market changed. I took it off the market and didn’t put it back on until many years later when the market picked up again.

These people are in serious denial. They need to wake up and smell the coffee. The flipping days are over. I say, if you can take riding it out, take it off the market and stop trying to sell something unsellable at a ridiculous price. All they’re doing is flooding the market w/inventory.

IMHO, there is less demand b/c of less qualified buyers. And those that are qualified (I’m one) are looking for a bargain. There are a lot of desperate people out there. More defaults and foreclosures on the way bringing down comps.

[jpinpb]

I owned a house in the previous boom. I tried to sell it in ’93. For a year it sat on the market, the length of the listing, w/not one offer. I didn’t ask anymore than I paid for it when I bought it a few years earlier.

I didn’t need a newspaper to tell me the market changed. I took it off the market and didn’t put it back on until many years later when the market picked up again.

These people are in serious denial. They need to wake up and smell the coffee. The flipping days are over. I say, if you can take riding it out, take it off the market and stop trying to sell something unsellable at a ridiculous price. All they’re doing is flooding the market w/inventory.

IMHO, there is less demand b/c of less qualified buyers. And those that are qualified (I’m one) are looking for a bargain. There are a lot of desperate people out there. More defaults and foreclosures on the way bringing down comps.

[jpinpb]

I owned a house in the previous boom. I tried to sell it in ’93. For a year it sat on the market, the length of the listing, w/not one offer. I didn’t ask anymore than I paid for it when I bought it a few years earlier.

I didn’t need a newspaper to tell me the market changed. I took it off the market and didn’t put it back on until many years later when the market picked up again.

These people are in serious denial. They need to wake up and smell the coffee. The flipping days are over. I say, if you can take riding it out, take it off the market and stop trying to sell something unsellable at a ridiculous price. All they’re doing is flooding the market w/inventory.

IMHO, there is less demand b/c of less qualified buyers. And those that are qualified (I’m one) are looking for a bargain. There are a lot of desperate people out there. More defaults and foreclosures on the way bringing down comps.

[jpinpb]

Pell Place Trust Deed Sale.
This is public information, if you do the research. I’m passing it along in case it is of interest to anyone:

Loan File No: 899545
Date Recorded: 10/11/07
File No: 0654700
Trustee No: 20070156200508
Loan Date: 12/19/06
Loan No:
Trustee : NDEx West 714/573-1965
Beneficary : CitiMortgage c/o 15000 Surveyor Blvd #500, Addison, TX 75001
Original Loan : $384,000.00
Default In.. : P&I 07/01/2007
Reinstate Date: 10/10/07
Reinstate Amount: $12,482.00
Land Value: $290,206.00
Improvment Value: $189,794.00
Parcle No: 307-430-21-63
Legal Code: Us334per Doc05-652237&und Int In Por Lots4&8&a&all Lot 7
Site Address: 3887 Pell Pl 334, San Diego Ca 92130-4153
Sale Date: 02/04/08
Sale Time: 10:00 am
Sale Location: by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
TMap: 1188-a6
Deed No: 12/19/2006 899543
SqFt: 1020
No Bedrooms: 2.0
No Baths: 2.0
Zone: R-1
Year Built: 2006

Name: Mr Neda Sharififarshad
Address: 3887 Pell Pl Unit 334 San Diego Ca 92130
Phone: 858/523-1033

[jpinpb]

Pell Place Trust Deed Sale.
This is public information, if you do the research. I’m passing it along in case it is of interest to anyone:

Loan File No: 899545
Date Recorded: 10/11/07
File No: 0654700
Trustee No: 20070156200508
Loan Date: 12/19/06
Loan No:
Trustee : NDEx West 714/573-1965
Beneficary : CitiMortgage c/o 15000 Surveyor Blvd #500, Addison, TX 75001
Original Loan : $384,000.00
Default In.. : P&I 07/01/2007
Reinstate Date: 10/10/07
Reinstate Amount: $12,482.00
Land Value: $290,206.00
Improvment Value: $189,794.00
Parcle No: 307-430-21-63
Legal Code: Us334per Doc05-652237&und Int In Por Lots4&8&a&all Lot 7
Site Address: 3887 Pell Pl 334, San Diego Ca 92130-4153
Sale Date: 02/04/08
Sale Time: 10:00 am
Sale Location: by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
TMap: 1188-a6
Deed No: 12/19/2006 899543
SqFt: 1020
No Bedrooms: 2.0
No Baths: 2.0
Zone: R-1
Year Built: 2006

Name: Mr Neda Sharififarshad
Address: 3887 Pell Pl Unit 334 San Diego Ca 92130
Phone: 858/523-1033

[jpinpb]

Pell Place Trust Deed Sale.
This is public information, if you do the research. I’m passing it along in case it is of interest to anyone:

Loan File No: 899545
Date Recorded: 10/11/07
File No: 0654700
Trustee No: 20070156200508
Loan Date: 12/19/06
Loan No:
Trustee : NDEx West 714/573-1965
Beneficary : CitiMortgage c/o 15000 Surveyor Blvd #500, Addison, TX 75001
Original Loan : $384,000.00
Default In.. : P&I 07/01/2007
Reinstate Date: 10/10/07
Reinstate Amount: $12,482.00
Land Value: $290,206.00
Improvment Value: $189,794.00
Parcle No: 307-430-21-63
Legal Code: Us334per Doc05-652237&und Int In Por Lots4&8&a&all Lot 7
Site Address: 3887 Pell Pl 334, San Diego Ca 92130-4153
Sale Date: 02/04/08
Sale Time: 10:00 am
Sale Location: by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
TMap: 1188-a6
Deed No: 12/19/2006 899543
SqFt: 1020
No Bedrooms: 2.0
No Baths: 2.0
Zone: R-1
Year Built: 2006

Name: Mr Neda Sharififarshad
Address: 3887 Pell Pl Unit 334 San Diego Ca 92130
Phone: 858/523-1033

[jpinpb]

Pell Place Trust Deed Sale.
This is public information, if you do the research. I’m passing it along in case it is of interest to anyone:

Loan File No: 899545
Date Recorded: 10/11/07
File No: 0654700
Trustee No: 20070156200508
Loan Date: 12/19/06
Loan No:
Trustee : NDEx West 714/573-1965
Beneficary : CitiMortgage c/o 15000 Surveyor Blvd #500, Addison, TX 75001
Original Loan : $384,000.00
Default In.. : P&I 07/01/2007
Reinstate Date: 10/10/07
Reinstate Amount: $12,482.00
Land Value: $290,206.00
Improvment Value: $189,794.00
Parcle No: 307-430-21-63
Legal Code: Us334per Doc05-652237&und Int In Por Lots4&8&a&all Lot 7
Site Address: 3887 Pell Pl 334, San Diego Ca 92130-4153
Sale Date: 02/04/08
Sale Time: 10:00 am
Sale Location: by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
TMap: 1188-a6
Deed No: 12/19/2006 899543
SqFt: 1020
No Bedrooms: 2.0
No Baths: 2.0
Zone: R-1
Year Built: 2006

Name: Mr Neda Sharififarshad
Address: 3887 Pell Pl Unit 334 San Diego Ca 92130
Phone: 858/523-1033

[jpinpb]

Pell Place Trust Deed Sale.
This is public information, if you do the research. I’m passing it along in case it is of interest to anyone:

Loan File No: 899545
Date Recorded: 10/11/07
File No: 0654700
Trustee No: 20070156200508
Loan Date: 12/19/06
Loan No:
Trustee : NDEx West 714/573-1965
Beneficary : CitiMortgage c/o 15000 Surveyor Blvd #500, Addison, TX 75001
Original Loan : $384,000.00
Default In.. : P&I 07/01/2007
Reinstate Date: 10/10/07
Reinstate Amount: $12,482.00
Land Value: $290,206.00
Improvment Value: $189,794.00
Parcle No: 307-430-21-63
Legal Code: Us334per Doc05-652237&und Int In Por Lots4&8&a&all Lot 7
Site Address: 3887 Pell Pl 334, San Diego Ca 92130-4153
Sale Date: 02/04/08
Sale Time: 10:00 am
Sale Location: by the statue at entr E Cty Regional Ctr,250 E Main,El Cajon
TMap: 1188-a6
Deed No: 12/19/2006 899543
SqFt: 1020
No Bedrooms: 2.0
No Baths: 2.0
Zone: R-1
Year Built: 2006

Name: Mr Neda Sharififarshad
Address: 3887 Pell Pl Unit 334 San Diego Ca 92130
Phone: 858/523-1033

[jpinpb]

Thank you for the input and advise. I thought that this auction would probably bring down the comps in CV.

[jpinpb]

Thank you for the input and advise. I thought that this auction would probably bring down the comps in CV.

[Author]

Posts