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little ladyParticipant
"SDR here is where hope comes in. I hope you are wrong about pendings and closings."
Did you read Rich's latest post? Even he is saying the same thing.
February 7, 2007 at 8:36 PM in reply to: Considering Buying in Temecula – Can’t afford OC – ??? #44943little ladyParticipantGo on Craiglist, check out all the forecloser sales, bank owned and short sales listed, this is just the beginning.
I think I saw one for Paloma del sol for less than 350k bank owned.
That price range can already get you a decent house, I bet it will buy you more by summer……..
little ladyParticipant"need to keep my eyes open to prevent being blindsided by a change in the trends and try to be as objective as I can be. I'm sorry if you are not hearing what you want to hear but the reality is the market looks better today for sellers than it has in over one year. BTW, Long term I am as bearish as the next guy."
So you are saying get out now if you can(if you haven’t already), but down the road it's probably gonna be allot worse, right?
little ladyParticipantduplicate post
little ladyParticipantSD Realtor
I see what you are saying, I am sure that information is there and I am sure his house is a deal.
I am just happy to hear that I might not be sitting on the market for a year. I am gonna price it right and negotiate.
Thanks again
little ladyParticipant“Give it time, at the rate that fraud, foreclosure, and tightening credit are unraveling the market, if they peaked at $515K, they may see the $250s before 2010.”
As much as I would love to see that happen, I just feel that is too much to expect. That would make me rich, and though we do have a good income, I am just not that lucky.
Though, I agree we are in a downward slide and we are not going to hit bottom for some time.little ladyParticipant"I hate to throw out BULLISH news but the data is what is. Total SD County listings for attached and detached properties are 15,392 DOWN from 15,535 last week."
Wow! That is good news for me, I hope it stays that way for a little while!
little ladyParticipantValued or estimated from the Realtor/agent who put it on the market I guess. It hasn’t gone through an appraiser, because it hasn’t gone through a sale, am I right?
I know other houses on the same street, same or about square footage, with the same or simular features have fetched as much(515k) at the height of the market, 05/06.
They bought in the early 90’s.
There are NO houses for sale comprable in the 300k price range- unless you are looking for a house in Watts, that’s ridiculous.
little ladyParticipantYour following, I would think you would negociate. My guess is he thinks he put it in at a price that will sell it and he needs X amount of dollars and that’s it.
But 515k to 399k, what percentage drop is that, that’s gotta hurt. If people are dropping their prices that much to sell there is no where to go but down in this market. So I am outta here……..
little ladyParticipantI have read recently on a website(while I was actually looking for information on selling) that this particular company offers a “buyer’s rebate”, although I believe the amount listed was for a flat rate of 1800 dollars. So, I don’t believe it’s illegal. I am not positive, but I believe the web site I was looking at was Ziprealty.
GOOGlE it.
little ladyParticipant“Over the past week we submitted 2 offers that were a good 15% below the listed price.”
I thought if I were him and I had gotten an offer at all, I would have counter offered my house at a cheaper price, as is.
It’s not personal,I mean just because you don’t like the offer doesn’t mean you just lie down, does it?I have never had any dealings like that. Bought my house in ’95 and knew I had gotten a deal. We were in our 20’s and naive. The agent was both buyer/seller agent. So we didn’t offer any lower. Though now I wish we would have looked around more. I won’t do that again.
little ladyParticipantSD Realtor
Thank you for the information. It does help me out.
Powayseller had said that we had 10 months of inventory at one point. I had read that was not good, if you are in the market for selling. I hope I can get it sold before summer, and an influx of inventory. I (my husband)needed to fix things and get it ready. I do believe that the housing is out of whack and will come down some more. I just want to be out before that happens and I am trying to do it ASAP. But, things take time. I am getting close.
My house is in a different neighborhood. I actually am on the West side by the Westhills high school. I realize their house is nicer than mine, with a pool and fireplace which I do not have. However, in Santee, this is a highly
regarded area due to the elementary school (GATE magnet school/highest in district,3 blocks away),Westhills high 5 blocks away, acess to freeways 52/125 1 minute away, 4/5 parks and lakes in walking distance.little ladyParticipantNSR
It actually might even come in @515k, the offer was 85% of the 469k price. REAL dirt cheap.
He wants it sold yesterday . I was surprised he got a offer so soon. Even a ridiculous one.
He was pretty disgusted at the offer. I happen to know that the house is in really good shape. It’s got a newer pool with jacuzzi, water fountain(going from jacuzzi to pool)and an (gas)outdoor fireplace, big lot. They did some nice upgrades. I was surpised to hear they wanted things fixed. These people wanted a bargain. He didn’t go into detail. I assumed he was talking about the roof, which doesn’t look “bad”, but might be older than a lender will allow funding for, I suspect.
little ladyParticipant“Wow, Sdrealtor protecting he’s own. Way to go slimeball!
But really, besides slimeball putting he’s 3% worth, it is a real shame that a person, what seems like a good guy, lost he’s life to another dude that could not take responsibility for he’s actions.”
He’s, he’s, he’s, what are you writing in broken English?
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