[ocrenter]

purchase price was $1.08 million.

he had 10% down, followed by two loans with Indymac, the first is a $864,000 Jumbo and the second at $108,000 as an equity line of credit.

With the $850k sale price, after commission price would be $799k. So the second completely lost out and the first position lost $65k.

The Chiro lost his $108k down. probably $50k on the landscaping. $50k on property tax over the last 3 years. $5400 on hoa for 3 yrs. $4000 on utility for 3 yrs. $1000 on gardener for 3 yrs. Total of about $220k from this endeavor.

[ocrenter]

purchase price was $1.08 million.

he had 10% down, followed by two loans with Indymac, the first is a $864,000 Jumbo and the second at $108,000 as an equity line of credit.

With the $850k sale price, after commission price would be $799k. So the second completely lost out and the first position lost $65k.

The Chiro lost his $108k down. probably $50k on the landscaping. $50k on property tax over the last 3 years. $5400 on hoa for 3 yrs. $4000 on utility for 3 yrs. $1000 on gardener for 3 yrs. Total of about $220k from this endeavor.

[ocrenter]

[quote=sdrealtor]It was a short sale. Seller was a local chiropractor[/quote]

which of course invites the question: how many backs need to be cracked on a flip that flopped?

[ocrenter]

[quote=sdrealtor]It was a short sale. Seller was a local chiropractor[/quote]

which of course invites the question: how many backs need to be cracked on a flip that flopped?

[ocrenter]

[quote=sdrealtor]It was a short sale. Seller was a local chiropractor[/quote]

which of course invites the question: how many backs need to be cracked on a flip that flopped?

[ocrenter]

[quote=sdrealtor]It was a short sale. Seller was a local chiropractor[/quote]

which of course invites the question: how many backs need to be cracked on a flip that flopped?

[ocrenter]

[quote=sdrealtor]It was a short sale. Seller was a local chiropractor[/quote]

which of course invites the question: how many backs need to be cracked on a flip that flopped?

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131

[ocrenter]

jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131

[ocrenter]

jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131

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