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sunny88
Participant[quote=XBoxBoy]Here’s a Blackhorse condo that sold in March 2006 for $2,040,000 and just resold for $1,300,000
That’s a $740,000 or 36% loss. (Still not counting carrying costs, maintenance, realtor commissions, etc)
Who says the coast is immune?
http://www.sdlookup.com/Property-1B4507B8-9703_Keeneland_Row_La_Jolla_CA_92037%5B/quote%5D
I doubt that the $2040 k number is correct. This home was never worth that much!
Participant[quote=XBoxBoy]Here’s a Blackhorse condo that sold in March 2006 for $2,040,000 and just resold for $1,300,000
That’s a $740,000 or 36% loss. (Still not counting carrying costs, maintenance, realtor commissions, etc)
Who says the coast is immune?
http://www.sdlookup.com/Property-1B4507B8-9703_Keeneland_Row_La_Jolla_CA_92037%5B/quote%5D
I doubt that the $2040 k number is correct. This home was never worth that much!
Participant[quote=MANmom]I ran across one like this about 6 months ago, turns out a realtor offered the familiar “I’ll sell your house within a year or I’ll buy it for cash” deal. Probably is losing his shirt.
[/quote]The realtor must not have realized that the housing boom is over…….
Participant[quote=MANmom]I ran across one like this about 6 months ago, turns out a realtor offered the familiar “I’ll sell your house within a year or I’ll buy it for cash” deal. Probably is losing his shirt.
[/quote]The realtor must not have realized that the housing boom is over…….
Participant[quote=MANmom]I ran across one like this about 6 months ago, turns out a realtor offered the familiar “I’ll sell your house within a year or I’ll buy it for cash” deal. Probably is losing his shirt.
[/quote]The realtor must not have realized that the housing boom is over…….
Participant[quote=MANmom]I ran across one like this about 6 months ago, turns out a realtor offered the familiar “I’ll sell your house within a year or I’ll buy it for cash” deal. Probably is losing his shirt.
[/quote]The realtor must not have realized that the housing boom is over…….
Participant[quote=MANmom]I ran across one like this about 6 months ago, turns out a realtor offered the familiar “I’ll sell your house within a year or I’ll buy it for cash” deal. Probably is losing his shirt.
[/quote]The realtor must not have realized that the housing boom is over…….
Participant[quote=evolusd]My wife and I looked at this community and were impressed with the floorplans, but not with the steep HOA that really had no amenities. We’re more in the entry level market, so the smallest plan (2,077-sf) caught our eye. There is currently a bank owned on the market for $519,900, and the builder model fully furnished for $640k. I’m waiting for more foreclosures as well and anticipate the smaller plans to get down to the mid $400s. Also, half the community is in the La Mesa schools, while the other half is in the Spring Valley schools – definitely something to consider.[/quote]
I agree, the floor plans are pretty nice. The model with furniture is not worth the asking price as the furnitures are cheap and not practical. I would definitely recommend waiting as more foreclosures will come on the market within the next few years.
Participant[quote=evolusd]My wife and I looked at this community and were impressed with the floorplans, but not with the steep HOA that really had no amenities. We’re more in the entry level market, so the smallest plan (2,077-sf) caught our eye. There is currently a bank owned on the market for $519,900, and the builder model fully furnished for $640k. I’m waiting for more foreclosures as well and anticipate the smaller plans to get down to the mid $400s. Also, half the community is in the La Mesa schools, while the other half is in the Spring Valley schools – definitely something to consider.[/quote]
I agree, the floor plans are pretty nice. The model with furniture is not worth the asking price as the furnitures are cheap and not practical. I would definitely recommend waiting as more foreclosures will come on the market within the next few years.
Participant[quote=evolusd]My wife and I looked at this community and were impressed with the floorplans, but not with the steep HOA that really had no amenities. We’re more in the entry level market, so the smallest plan (2,077-sf) caught our eye. There is currently a bank owned on the market for $519,900, and the builder model fully furnished for $640k. I’m waiting for more foreclosures as well and anticipate the smaller plans to get down to the mid $400s. Also, half the community is in the La Mesa schools, while the other half is in the Spring Valley schools – definitely something to consider.[/quote]
I agree, the floor plans are pretty nice. The model with furniture is not worth the asking price as the furnitures are cheap and not practical. I would definitely recommend waiting as more foreclosures will come on the market within the next few years.
Participant[quote=evolusd]My wife and I looked at this community and were impressed with the floorplans, but not with the steep HOA that really had no amenities. We’re more in the entry level market, so the smallest plan (2,077-sf) caught our eye. There is currently a bank owned on the market for $519,900, and the builder model fully furnished for $640k. I’m waiting for more foreclosures as well and anticipate the smaller plans to get down to the mid $400s. Also, half the community is in the La Mesa schools, while the other half is in the Spring Valley schools – definitely something to consider.[/quote]
I agree, the floor plans are pretty nice. The model with furniture is not worth the asking price as the furnitures are cheap and not practical. I would definitely recommend waiting as more foreclosures will come on the market within the next few years.
Participant[quote=evolusd]My wife and I looked at this community and were impressed with the floorplans, but not with the steep HOA that really had no amenities. We’re more in the entry level market, so the smallest plan (2,077-sf) caught our eye. There is currently a bank owned on the market for $519,900, and the builder model fully furnished for $640k. I’m waiting for more foreclosures as well and anticipate the smaller plans to get down to the mid $400s. Also, half the community is in the La Mesa schools, while the other half is in the Spring Valley schools – definitely something to consider.[/quote]
I agree, the floor plans are pretty nice. The model with furniture is not worth the asking price as the furnitures are cheap and not practical. I would definitely recommend waiting as more foreclosures will come on the market within the next few years.
January 13, 2009 at 12:36 PM in reply to: Standard Pacific Homes in Santee Still Overpriced? #328440ParticipantI agree with you both. We were thinking of offering around $350 k for the plan 4 which already has some nice upgrades incl. wood floor, wiring and appliances. However, given the current market conition we feel more comfortable waiting. I forgot to mention that there is also a plan 5 which is move-in ready. But we didn’t like the floorplan as the living room is too dark. Sales have been slow and I’m sure the prices will come down within the next few months.
January 13, 2009 at 12:36 PM in reply to: Standard Pacific Homes in Santee Still Overpriced? #328463ParticipantI agree with you both. We were thinking of offering around $350 k for the plan 4 which already has some nice upgrades incl. wood floor, wiring and appliances. However, given the current market conition we feel more comfortable waiting. I forgot to mention that there is also a plan 5 which is move-in ready. But we didn’t like the floorplan as the living room is too dark. Sales have been slow and I’m sure the prices will come down within the next few months.
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