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SD Realtor
ParticipantI represent mostly sellers but here is a quick snapshot of a few recent buyers I have represented and also some of the financing of the listings I am in escrow with or have very recently sold.
– could have bought in cash but didn’t, put down 20%. bought because of the unique requirements and had been looking for awhile.
– sold his home and put down 20% in cash. moved from a pretty grinder neighborhood to sabre springs. Both hubby and wife work with stable incomes, have two kids and wanted a better school district.
– were previously renting and bought in the olivenhain area. non married couple, he has two kids partial custody, were tired of renting. he is a pilot, she is in the engineering field. put down 15% in cash.
– working with someone who recently inherited alot of money from a trust. lives in escondido but is looking to buy in the poway school district and will buy in cash.
some of the listings I recently have sold or are in escrow.
– 3 different homes in the not so desireable areas of east San Diego and Lemon Grove. All were 100% financed. 2 are closed and 1 is closing today.
– condo in hillcrest was 100% cash deal. A guy from Palm Springs moved back to SD.
– townhome in encinitas was I think 20% down in cash. cannot recall…
– home in escrow in Poway. buyers are both in the Navy and want Poway schools. 100% financed.
– fixer in la mesa. buyer is a carpenter and plans to fix and resell. 100% financed.
– ivey glenn gated community in oceanside in escrow. first time buyers. coming in with 10% cash.
– Mira Mesa home in escrow. buyers coming in with 10% cash.
SD Realtor
May 24, 2007 at 10:41 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54750ParticipantI don’t think it is that big of a deal to get worked up over. The media is always going to misrepresent the situation regardless of whether it is housing, the war, pretty much anything.
We all know what is really going to happen. It is just going to run it’s course in due time.
SD Realtor
May 24, 2007 at 10:41 AM in reply to: Home Sales Soar by Record Amount . . . Are you kidding me? #54765ParticipantI don’t think it is that big of a deal to get worked up over. The media is always going to misrepresent the situation regardless of whether it is housing, the war, pretty much anything.
We all know what is really going to happen. It is just going to run it’s course in due time.
SD Realtor
ParticipantFSD is correct doublewide. You looked up the boat they own.
I looked the address up on Realist. It comes up as a single family home. Purchased back in 02.
SD Realtor
ParticipantFSD is correct doublewide. You looked up the boat they own.
I looked the address up on Realist. It comes up as a single family home. Purchased back in 02.
SD Realtor
May 23, 2007 at 2:00 PM in reply to: 60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C #54539ParticipantDidn’t mean to be rude… The property went into foreclosure. The foreclosure process has 1 of 3 outcomes. 1 the owner of the home cures the default, or works out a solution with the lender so that the lender halts the foreclosure process. 2 and 3, the foreclosure process completes and culminates in a trustee sale. (aka auction) At the sale either someone will make a bid on the property and become the new owner, or nobody will bid on it and the property reverts back to the lender. When the property reverts to the lender the property is known as bank owned or REO. The event is indeed recorded as a sale as you saw.
SD Realtor
May 23, 2007 at 2:00 PM in reply to: 60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C #54552ParticipantDidn’t mean to be rude… The property went into foreclosure. The foreclosure process has 1 of 3 outcomes. 1 the owner of the home cures the default, or works out a solution with the lender so that the lender halts the foreclosure process. 2 and 3, the foreclosure process completes and culminates in a trustee sale. (aka auction) At the sale either someone will make a bid on the property and become the new owner, or nobody will bid on it and the property reverts back to the lender. When the property reverts to the lender the property is known as bank owned or REO. The event is indeed recorded as a sale as you saw.
SD Realtor
May 23, 2007 at 12:27 PM in reply to: 60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C #54515ParticipantAs I said it is an REO…That was when the trustee sale was.
SD Realtor
May 23, 2007 at 12:27 PM in reply to: 60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C #54528ParticipantAs I said it is an REO…That was when the trustee sale was.
SD Realtor
May 23, 2007 at 8:53 AM in reply to: 60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C #54463ParticipantREO condo in New Scripps…
SD Realtor
May 23, 2007 at 8:53 AM in reply to: 60K+ plus loss in Scripps Ranch 11858 Scripps Creek Dr #C #54476ParticipantREO condo in New Scripps…
SD Realtor
ParticipantTry to get your offer submitted (and accepted) as a backup offer. That way, if they accept your backup offer, then have an ACCEPTED offer.
Unfortunately I doubt that this will happen. You found an opportunity that was more or less secret and when it became exposed, contrary to what many people think here, there was a strong demand for it.
I am sorry to hear that another offer came in Hammer. One thing that is true in real estate, another one will come along you will just need to wait.
SD Realtor
ParticipantTry to get your offer submitted (and accepted) as a backup offer. That way, if they accept your backup offer, then have an ACCEPTED offer.
Unfortunately I doubt that this will happen. You found an opportunity that was more or less secret and when it became exposed, contrary to what many people think here, there was a strong demand for it.
I am sorry to hear that another offer came in Hammer. One thing that is true in real estate, another one will come along you will just need to wait.
SD Realtor
ParticipantIt went pending. There are currently 3 Pepperview Terrace homes on the MLS, 2 are pending, 1 is not. No way to tell the price until it is sold.
SD Realtor
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