[takilma]

I believe the banks are setting some of the unrealistic prices, too. This is a bit off topic for this thread, but…..

I have been trying to purchase a TH as a short sale. The bank’s loss mitigation specialist assigned to this stated this morning that a price previously agreed upon, which my realtor and I do not feel the market currently supports, (offer made in December), was a loss to them of 33K versus what they would get for it as an REO. HUH??? I made the only offer, for a place on the market for 5 months, and they’re turning it down. Two other units in the complex, that are REOs have fallen out of escrow, and they were priced much better. Other units, some REOs and short sales, some not, can’t even get offers. DOM averages well over 90. This is a middle class complex in Escondido, with current prices all well under 300K.

SD Realtor, what do you think is going on with this bank?

Thanks.

[takilma]

I believe the banks are setting some of the unrealistic prices, too. This is a bit off topic for this thread, but…..

I have been trying to purchase a TH as a short sale. The bank’s loss mitigation specialist assigned to this stated this morning that a price previously agreed upon, which my realtor and I do not feel the market currently supports, (offer made in December), was a loss to them of 33K versus what they would get for it as an REO. HUH??? I made the only offer, for a place on the market for 5 months, and they’re turning it down. Two other units in the complex, that are REOs have fallen out of escrow, and they were priced much better. Other units, some REOs and short sales, some not, can’t even get offers. DOM averages well over 90. This is a middle class complex in Escondido, with current prices all well under 300K.

SD Realtor, what do you think is going on with this bank?

Thanks.

[takilma]

I believe the banks are setting some of the unrealistic prices, too. This is a bit off topic for this thread, but…..

I have been trying to purchase a TH as a short sale. The bank’s loss mitigation specialist assigned to this stated this morning that a price previously agreed upon, which my realtor and I do not feel the market currently supports, (offer made in December), was a loss to them of 33K versus what they would get for it as an REO. HUH??? I made the only offer, for a place on the market for 5 months, and they’re turning it down. Two other units in the complex, that are REOs have fallen out of escrow, and they were priced much better. Other units, some REOs and short sales, some not, can’t even get offers. DOM averages well over 90. This is a middle class complex in Escondido, with current prices all well under 300K.

SD Realtor, what do you think is going on with this bank?

Thanks.

[takilma]

I believe the banks are setting some of the unrealistic prices, too. This is a bit off topic for this thread, but…..

I have been trying to purchase a TH as a short sale. The bank’s loss mitigation specialist assigned to this stated this morning that a price previously agreed upon, which my realtor and I do not feel the market currently supports, (offer made in December), was a loss to them of 33K versus what they would get for it as an REO. HUH??? I made the only offer, for a place on the market for 5 months, and they’re turning it down. Two other units in the complex, that are REOs have fallen out of escrow, and they were priced much better. Other units, some REOs and short sales, some not, can’t even get offers. DOM averages well over 90. This is a middle class complex in Escondido, with current prices all well under 300K.

SD Realtor, what do you think is going on with this bank?

Thanks.

[takilma]

I believe the banks are setting some of the unrealistic prices, too. This is a bit off topic for this thread, but…..

I have been trying to purchase a TH as a short sale. The bank’s loss mitigation specialist assigned to this stated this morning that a price previously agreed upon, which my realtor and I do not feel the market currently supports, (offer made in December), was a loss to them of 33K versus what they would get for it as an REO. HUH??? I made the only offer, for a place on the market for 5 months, and they’re turning it down. Two other units in the complex, that are REOs have fallen out of escrow, and they were priced much better. Other units, some REOs and short sales, some not, can’t even get offers. DOM averages well over 90. This is a middle class complex in Escondido, with current prices all well under 300K.

SD Realtor, what do you think is going on with this bank?

Thanks.

[takilma]

Ah, George Soros. Shall we talk about his manipulation of markets? Do we dare utter a word about his decimation of economies with his currency trading? How about his manipulation of crude oil prices? That had absolutely no effect on the US economy, did it? That pos has one hell of a nerve saying ANYTHIMG derogatory about this country. Back in the mid-80’s, the manager of our retail and institutional trading departments would not allow the traders to have anything to do with anything Soros was connected to. He is evil personified.

[takilma]

Ah, George Soros. Shall we talk about his manipulation of markets? Do we dare utter a word about his decimation of economies with his currency trading? How about his manipulation of crude oil prices? That had absolutely no effect on the US economy, did it? That pos has one hell of a nerve saying ANYTHIMG derogatory about this country. Back in the mid-80’s, the manager of our retail and institutional trading departments would not allow the traders to have anything to do with anything Soros was connected to. He is evil personified.

[takilma]

Ah, George Soros. Shall we talk about his manipulation of markets? Do we dare utter a word about his decimation of economies with his currency trading? How about his manipulation of crude oil prices? That had absolutely no effect on the US economy, did it? That pos has one hell of a nerve saying ANYTHIMG derogatory about this country. Back in the mid-80’s, the manager of our retail and institutional trading departments would not allow the traders to have anything to do with anything Soros was connected to. He is evil personified.

[takilma]

Ah, George Soros. Shall we talk about his manipulation of markets? Do we dare utter a word about his decimation of economies with his currency trading? How about his manipulation of crude oil prices? That had absolutely no effect on the US economy, did it? That pos has one hell of a nerve saying ANYTHIMG derogatory about this country. Back in the mid-80’s, the manager of our retail and institutional trading departments would not allow the traders to have anything to do with anything Soros was connected to. He is evil personified.

[takilma]

Ah, George Soros. Shall we talk about his manipulation of markets? Do we dare utter a word about his decimation of economies with his currency trading? How about his manipulation of crude oil prices? That had absolutely no effect on the US economy, did it? That pos has one hell of a nerve saying ANYTHIMG derogatory about this country. Back in the mid-80’s, the manager of our retail and institutional trading departments would not allow the traders to have anything to do with anything Soros was connected to. He is evil personified.

[takilma]

This is actually a nice area, although it is close to the 15. There has to be a lot of freeway noise, could be eye level with the 15, in fact. It’s an area of houses on large lots, south and east of Canterbury Gardens, above North County Fair. There are walking trails all through the area, as Kit Carson Regional Park borders it. Maybe you just get used to the roar of traffic?

[takilma]

This is actually a nice area, although it is close to the 15. There has to be a lot of freeway noise, could be eye level with the 15, in fact. It’s an area of houses on large lots, south and east of Canterbury Gardens, above North County Fair. There are walking trails all through the area, as Kit Carson Regional Park borders it. Maybe you just get used to the roar of traffic?

[takilma]

This is actually a nice area, although it is close to the 15. There has to be a lot of freeway noise, could be eye level with the 15, in fact. It’s an area of houses on large lots, south and east of Canterbury Gardens, above North County Fair. There are walking trails all through the area, as Kit Carson Regional Park borders it. Maybe you just get used to the roar of traffic?

[takilma]

This is actually a nice area, although it is close to the 15. There has to be a lot of freeway noise, could be eye level with the 15, in fact. It’s an area of houses on large lots, south and east of Canterbury Gardens, above North County Fair. There are walking trails all through the area, as Kit Carson Regional Park borders it. Maybe you just get used to the roar of traffic?

[takilma]

This is actually a nice area, although it is close to the 15. There has to be a lot of freeway noise, could be eye level with the 15, in fact. It’s an area of houses on large lots, south and east of Canterbury Gardens, above North County Fair. There are walking trails all through the area, as Kit Carson Regional Park borders it. Maybe you just get used to the roar of traffic?

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