[pepsi]

The deal seems to be for flipper only. The people who have $500K cash sitting around surely isn’t going to buy this for their primary residence.

And for that, with tenant still occupied, I wonder if the price is still good enough to generate meaningful profit with 2-3 months holding time and commission.
They will need to sell it for over 550K to make some reasonable return. If they can get $600K, then it might be some good bet.
Would someone spend $600K for that house after August (not the best time to sell a house) ?
Keep in mind that the next buyer would need about $200K to qualify for confirming loan

The most recent sales are:
10234 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $560,000 (01/23/2009)

and

10274 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $527,818 (12/05/2008)
BEDS: 3
BATHS: 2.5
SQ.FT.: 2,166
YEAR BUILT: 2002

So, $499,999 is not super sweet deal, because you have to pay cash.

[pepsi]

The deal seems to be for flipper only. The people who have $500K cash sitting around surely isn’t going to buy this for their primary residence.

And for that, with tenant still occupied, I wonder if the price is still good enough to generate meaningful profit with 2-3 months holding time and commission.
They will need to sell it for over 550K to make some reasonable return. If they can get $600K, then it might be some good bet.
Would someone spend $600K for that house after August (not the best time to sell a house) ?
Keep in mind that the next buyer would need about $200K to qualify for confirming loan

The most recent sales are:
10234 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $560,000 (01/23/2009)

and

10274 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $527,818 (12/05/2008)
BEDS: 3
BATHS: 2.5
SQ.FT.: 2,166
YEAR BUILT: 2002

So, $499,999 is not super sweet deal, because you have to pay cash.

[pepsi]

The deal seems to be for flipper only. The people who have $500K cash sitting around surely isn’t going to buy this for their primary residence.

And for that, with tenant still occupied, I wonder if the price is still good enough to generate meaningful profit with 2-3 months holding time and commission.
They will need to sell it for over 550K to make some reasonable return. If they can get $600K, then it might be some good bet.
Would someone spend $600K for that house after August (not the best time to sell a house) ?
Keep in mind that the next buyer would need about $200K to qualify for confirming loan

The most recent sales are:
10234 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $560,000 (01/23/2009)

and

10274 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $527,818 (12/05/2008)
BEDS: 3
BATHS: 2.5
SQ.FT.: 2,166
YEAR BUILT: 2002

So, $499,999 is not super sweet deal, because you have to pay cash.

[pepsi]

The deal seems to be for flipper only. The people who have $500K cash sitting around surely isn’t going to buy this for their primary residence.

And for that, with tenant still occupied, I wonder if the price is still good enough to generate meaningful profit with 2-3 months holding time and commission.
They will need to sell it for over 550K to make some reasonable return. If they can get $600K, then it might be some good bet.
Would someone spend $600K for that house after August (not the best time to sell a house) ?
Keep in mind that the next buyer would need about $200K to qualify for confirming loan

The most recent sales are:
10234 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $560,000 (01/23/2009)

and

10274 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $527,818 (12/05/2008)
BEDS: 3
BATHS: 2.5
SQ.FT.: 2,166
YEAR BUILT: 2002

So, $499,999 is not super sweet deal, because you have to pay cash.

[pepsi]

The deal seems to be for flipper only. The people who have $500K cash sitting around surely isn’t going to buy this for their primary residence.

And for that, with tenant still occupied, I wonder if the price is still good enough to generate meaningful profit with 2-3 months holding time and commission.
They will need to sell it for over 550K to make some reasonable return. If they can get $600K, then it might be some good bet.
Would someone spend $600K for that house after August (not the best time to sell a house) ?
Keep in mind that the next buyer would need about $200K to qualify for confirming loan

The most recent sales are:
10234 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $560,000 (01/23/2009)

and

10274 Prairie Springs Rd
San Diego, CA 92127
LAST SALE: $527,818 (12/05/2008)
BEDS: 3
BATHS: 2.5
SQ.FT.: 2,166
YEAR BUILT: 2002

So, $499,999 is not super sweet deal, because you have to pay cash.

[pepsi]

Recent Comp:

15247 Terrebonne Ct SOLD ON 2009/6/8 5016SQF $966000

14220 Green Valley Ct Sold on 2009/5/29 5108sqf $1015000

14410 Whispering Ridge Rd 2009/5/29 4993 1000000

[pepsi]

Recent Comp:

15247 Terrebonne Ct SOLD ON 2009/6/8 5016SQF $966000

14220 Green Valley Ct Sold on 2009/5/29 5108sqf $1015000

14410 Whispering Ridge Rd 2009/5/29 4993 1000000

[pepsi]

Recent Comp:

15247 Terrebonne Ct SOLD ON 2009/6/8 5016SQF $966000

14220 Green Valley Ct Sold on 2009/5/29 5108sqf $1015000

14410 Whispering Ridge Rd 2009/5/29 4993 1000000

[pepsi]

Recent Comp:

15247 Terrebonne Ct SOLD ON 2009/6/8 5016SQF $966000

14220 Green Valley Ct Sold on 2009/5/29 5108sqf $1015000

14410 Whispering Ridge Rd 2009/5/29 4993 1000000

[pepsi]

Recent Comp:

15247 Terrebonne Ct SOLD ON 2009/6/8 5016SQF $966000

14220 Green Valley Ct Sold on 2009/5/29 5108sqf $1015000

14410 Whispering Ridge Rd 2009/5/29 4993 1000000

[pepsi]

[quote=urbanrealtor]If you want to send me an email, I’ll send you the record.
Urbanrealtor at gmail[/quote]

Urbanrealtor: Thanks a lot for the information !

[pepsi]

[quote=urbanrealtor]If you want to send me an email, I’ll send you the record.
Urbanrealtor at gmail[/quote]

Urbanrealtor: Thanks a lot for the information !

[pepsi]

[quote=urbanrealtor]If you want to send me an email, I’ll send you the record.
Urbanrealtor at gmail[/quote]

Urbanrealtor: Thanks a lot for the information !

[pepsi]

[quote=urbanrealtor]If you want to send me an email, I’ll send you the record.
Urbanrealtor at gmail[/quote]

Urbanrealtor: Thanks a lot for the information !

[pepsi]

[quote=urbanrealtor]If you want to send me an email, I’ll send you the record.
Urbanrealtor at gmail[/quote]

Urbanrealtor: Thanks a lot for the information !

[Author]

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