[SD Realtor]

Ybitz yes you do want to go to city hall to find out about planning futures so to speak.

[SD Realtor]

Ybitz yes you do want to go to city hall to find out about planning futures so to speak.

[SD Realtor]

Ybitz yes you do want to go to city hall to find out about planning futures so to speak.

[SD Realtor]

Ybitz yes you do want to go to city hall to find out about planning futures so to speak.

[SD Realtor]

Guys the I15 corridor is a nightmare right now. Yes the bounce in 92127-92131 zip codes has happened and averages between 5-10%. Inventory is very, I mean very stressed. Yes those people looking in these zip codes missed the bottom. My feeling is that when interest rates rise substantially we will see sanity return to these spots. I have many clients looking in these areas and some have thrown in the towel and are going to rent for another few years. Some have thrown in the towel and decided to bite the bullet and pay the price. It is a tough call to make. Those people claiming that unemployment and/or foreclosures will push these areas back to sane pricing levels are in my opinion incorrect. The demand in these locations is staggering for entry level homes. Now for higher end stuff it slacks a bit but still… Those looking to get into pq for under 500k… very tough call. There are some here and theres but not nearly what there was in late 2008.

[SD Realtor]

Guys the I15 corridor is a nightmare right now. Yes the bounce in 92127-92131 zip codes has happened and averages between 5-10%. Inventory is very, I mean very stressed. Yes those people looking in these zip codes missed the bottom. My feeling is that when interest rates rise substantially we will see sanity return to these spots. I have many clients looking in these areas and some have thrown in the towel and are going to rent for another few years. Some have thrown in the towel and decided to bite the bullet and pay the price. It is a tough call to make. Those people claiming that unemployment and/or foreclosures will push these areas back to sane pricing levels are in my opinion incorrect. The demand in these locations is staggering for entry level homes. Now for higher end stuff it slacks a bit but still… Those looking to get into pq for under 500k… very tough call. There are some here and theres but not nearly what there was in late 2008.

[SD Realtor]

Guys the I15 corridor is a nightmare right now. Yes the bounce in 92127-92131 zip codes has happened and averages between 5-10%. Inventory is very, I mean very stressed. Yes those people looking in these zip codes missed the bottom. My feeling is that when interest rates rise substantially we will see sanity return to these spots. I have many clients looking in these areas and some have thrown in the towel and are going to rent for another few years. Some have thrown in the towel and decided to bite the bullet and pay the price. It is a tough call to make. Those people claiming that unemployment and/or foreclosures will push these areas back to sane pricing levels are in my opinion incorrect. The demand in these locations is staggering for entry level homes. Now for higher end stuff it slacks a bit but still… Those looking to get into pq for under 500k… very tough call. There are some here and theres but not nearly what there was in late 2008.

[SD Realtor]

Guys the I15 corridor is a nightmare right now. Yes the bounce in 92127-92131 zip codes has happened and averages between 5-10%. Inventory is very, I mean very stressed. Yes those people looking in these zip codes missed the bottom. My feeling is that when interest rates rise substantially we will see sanity return to these spots. I have many clients looking in these areas and some have thrown in the towel and are going to rent for another few years. Some have thrown in the towel and decided to bite the bullet and pay the price. It is a tough call to make. Those people claiming that unemployment and/or foreclosures will push these areas back to sane pricing levels are in my opinion incorrect. The demand in these locations is staggering for entry level homes. Now for higher end stuff it slacks a bit but still… Those looking to get into pq for under 500k… very tough call. There are some here and theres but not nearly what there was in late 2008.

[SD Realtor]

Guys the I15 corridor is a nightmare right now. Yes the bounce in 92127-92131 zip codes has happened and averages between 5-10%. Inventory is very, I mean very stressed. Yes those people looking in these zip codes missed the bottom. My feeling is that when interest rates rise substantially we will see sanity return to these spots. I have many clients looking in these areas and some have thrown in the towel and are going to rent for another few years. Some have thrown in the towel and decided to bite the bullet and pay the price. It is a tough call to make. Those people claiming that unemployment and/or foreclosures will push these areas back to sane pricing levels are in my opinion incorrect. The demand in these locations is staggering for entry level homes. Now for higher end stuff it slacks a bit but still… Those looking to get into pq for under 500k… very tough call. There are some here and theres but not nearly what there was in late 2008.

[SD Realtor]

Ybitz the viewing of any home is ultimately dtermined by the seller. If the home is contingent and you want to view it simply ask your realtor to check to see if it is available for showing.

Unfortunately the success of a short sale to me, falls 100 percent on the quality of the listing agent. If the listing agent sucks or has to much going on the short sale process will drag on and more then likely fail. The agent representing the buyer has little to no visibility into the diligence of the listing agent. For instance, we bid on a condo thursday at auction that was listed as a contingent sale on the mls. Of course it was good friend battiata who had it listed. I have many short sale offers in right now for various buyers and the contrasting quality for how the listing agents are performing is substantial. In a few cases I have warned my buyers that it is likely that the home will foreclose because the listing agent sucks. In other cases the listing agents are good. In one case, and I hate to say it the listing agent hired an outside negotiator to handle the deal, at the buyers expense, but that negotiator is being very diligent with very frequent updates. So again I cannot stress enough it is the quality of the listing side.

As far as making an offer on an already contingent home, there is nothing wrong with that. Many short sales have flaky buyers and as rates move more buyers will back out. It cannot hurt to try but keep expectations low.

[SD Realtor]

Ybitz the viewing of any home is ultimately dtermined by the seller. If the home is contingent and you want to view it simply ask your realtor to check to see if it is available for showing.

Unfortunately the success of a short sale to me, falls 100 percent on the quality of the listing agent. If the listing agent sucks or has to much going on the short sale process will drag on and more then likely fail. The agent representing the buyer has little to no visibility into the diligence of the listing agent. For instance, we bid on a condo thursday at auction that was listed as a contingent sale on the mls. Of course it was good friend battiata who had it listed. I have many short sale offers in right now for various buyers and the contrasting quality for how the listing agents are performing is substantial. In a few cases I have warned my buyers that it is likely that the home will foreclose because the listing agent sucks. In other cases the listing agents are good. In one case, and I hate to say it the listing agent hired an outside negotiator to handle the deal, at the buyers expense, but that negotiator is being very diligent with very frequent updates. So again I cannot stress enough it is the quality of the listing side.

As far as making an offer on an already contingent home, there is nothing wrong with that. Many short sales have flaky buyers and as rates move more buyers will back out. It cannot hurt to try but keep expectations low.

[SD Realtor]

Ybitz the viewing of any home is ultimately dtermined by the seller. If the home is contingent and you want to view it simply ask your realtor to check to see if it is available for showing.

Unfortunately the success of a short sale to me, falls 100 percent on the quality of the listing agent. If the listing agent sucks or has to much going on the short sale process will drag on and more then likely fail. The agent representing the buyer has little to no visibility into the diligence of the listing agent. For instance, we bid on a condo thursday at auction that was listed as a contingent sale on the mls. Of course it was good friend battiata who had it listed. I have many short sale offers in right now for various buyers and the contrasting quality for how the listing agents are performing is substantial. In a few cases I have warned my buyers that it is likely that the home will foreclose because the listing agent sucks. In other cases the listing agents are good. In one case, and I hate to say it the listing agent hired an outside negotiator to handle the deal, at the buyers expense, but that negotiator is being very diligent with very frequent updates. So again I cannot stress enough it is the quality of the listing side.

As far as making an offer on an already contingent home, there is nothing wrong with that. Many short sales have flaky buyers and as rates move more buyers will back out. It cannot hurt to try but keep expectations low.

[SD Realtor]

Ybitz the viewing of any home is ultimately dtermined by the seller. If the home is contingent and you want to view it simply ask your realtor to check to see if it is available for showing.

Unfortunately the success of a short sale to me, falls 100 percent on the quality of the listing agent. If the listing agent sucks or has to much going on the short sale process will drag on and more then likely fail. The agent representing the buyer has little to no visibility into the diligence of the listing agent. For instance, we bid on a condo thursday at auction that was listed as a contingent sale on the mls. Of course it was good friend battiata who had it listed. I have many short sale offers in right now for various buyers and the contrasting quality for how the listing agents are performing is substantial. In a few cases I have warned my buyers that it is likely that the home will foreclose because the listing agent sucks. In other cases the listing agents are good. In one case, and I hate to say it the listing agent hired an outside negotiator to handle the deal, at the buyers expense, but that negotiator is being very diligent with very frequent updates. So again I cannot stress enough it is the quality of the listing side.

As far as making an offer on an already contingent home, there is nothing wrong with that. Many short sales have flaky buyers and as rates move more buyers will back out. It cannot hurt to try but keep expectations low.

[SD Realtor]

Ybitz the viewing of any home is ultimately dtermined by the seller. If the home is contingent and you want to view it simply ask your realtor to check to see if it is available for showing.

Unfortunately the success of a short sale to me, falls 100 percent on the quality of the listing agent. If the listing agent sucks or has to much going on the short sale process will drag on and more then likely fail. The agent representing the buyer has little to no visibility into the diligence of the listing agent. For instance, we bid on a condo thursday at auction that was listed as a contingent sale on the mls. Of course it was good friend battiata who had it listed. I have many short sale offers in right now for various buyers and the contrasting quality for how the listing agents are performing is substantial. In a few cases I have warned my buyers that it is likely that the home will foreclose because the listing agent sucks. In other cases the listing agents are good. In one case, and I hate to say it the listing agent hired an outside negotiator to handle the deal, at the buyers expense, but that negotiator is being very diligent with very frequent updates. So again I cannot stress enough it is the quality of the listing side.

As far as making an offer on an already contingent home, there is nothing wrong with that. Many short sales have flaky buyers and as rates move more buyers will back out. It cannot hurt to try but keep expectations low.

[SD Realtor]

Cabal, the same thing is true for Del Vino as my last post… OCR I am not sure if it will be a better play after foreclosure. At the auction yes I would agree with you. I can see an opening bid maybe at 1.3 or so but once if goes back to the bene I bet it comes on the market at 1.6 or so and it wouldn’t surprise me if it goes. The Mesa Norte home went fast in 08 and although it was bigger, it wasn’t in the best of shape and the outlook was more dour at that time. Hard to say but I guess we will see.

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