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UCGal
Participant[quote=jpinpb]Yet the 2003 price was 838k.[/quote]
That was my thought, too.
They did not spend the money upgrading the kitchens or baths. (Older appliances, tile counters, etc.)It looks nice/clean.
You mention the house config is an issue. Can you explain? It’s hard to tell from pictures on a listing.
UCGal
Participant[quote=jpinpb]Yet the 2003 price was 838k.[/quote]
That was my thought, too.
They did not spend the money upgrading the kitchens or baths. (Older appliances, tile counters, etc.)It looks nice/clean.
You mention the house config is an issue. Can you explain? It’s hard to tell from pictures on a listing.
UCGal
Participantparamount – not sure what I did to piss you off.
Does it really bother you that I spend less than I earn? Wow.Oh well… different strokes and all that. Have a nice day.
UCGal
Participantparamount – not sure what I did to piss you off.
Does it really bother you that I spend less than I earn? Wow.Oh well… different strokes and all that. Have a nice day.
UCGal
Participantparamount – not sure what I did to piss you off.
Does it really bother you that I spend less than I earn? Wow.Oh well… different strokes and all that. Have a nice day.
UCGal
Participantparamount – not sure what I did to piss you off.
Does it really bother you that I spend less than I earn? Wow.Oh well… different strokes and all that. Have a nice day.
UCGal
Participantparamount – not sure what I did to piss you off.
Does it really bother you that I spend less than I earn? Wow.Oh well… different strokes and all that. Have a nice day.
UCGal
Participant[quote=ocrenter][quote]Not all sellers will take that step. Jerry Anderson has listed his four-bedroom home in Dana Point, Calif., on and off the market for the last two years. He’s cut the price to $1.25 million, down from $1.75 million, but hasn’t had any offers on the home, which has three fireplaces and ocean views.
Mr. Anderson, who bought the home in 1987, says he’ll take it off the market in December if it doesn’t sell rather than cut the price. [quote]
[img_assist|nid=13653|title=dana point million dollar mansion|desc=|link=node|align=left|width=100|height=67]
This is Mr. Anderson’s 1.75 million dollar mansion that he is discounting at $1.25!
it is 2800 sqft on 10,000 sqft lot and first purchased for $400k back in 1987. backing up to a busy street.
I say just take the home off listing. there’s a similar sqft home with less upgrades going for $1.06 in the same tract.[/quote]
3 houses down is listed for $985k. 200 sf smaller – but is 200sf worth $235k?UCGal
Participant[quote=ocrenter][quote]Not all sellers will take that step. Jerry Anderson has listed his four-bedroom home in Dana Point, Calif., on and off the market for the last two years. He’s cut the price to $1.25 million, down from $1.75 million, but hasn’t had any offers on the home, which has three fireplaces and ocean views.
Mr. Anderson, who bought the home in 1987, says he’ll take it off the market in December if it doesn’t sell rather than cut the price. [quote]
[img_assist|nid=13653|title=dana point million dollar mansion|desc=|link=node|align=left|width=100|height=67]
This is Mr. Anderson’s 1.75 million dollar mansion that he is discounting at $1.25!
it is 2800 sqft on 10,000 sqft lot and first purchased for $400k back in 1987. backing up to a busy street.
I say just take the home off listing. there’s a similar sqft home with less upgrades going for $1.06 in the same tract.[/quote]
3 houses down is listed for $985k. 200 sf smaller – but is 200sf worth $235k?UCGal
Participant[quote=ocrenter][quote]Not all sellers will take that step. Jerry Anderson has listed his four-bedroom home in Dana Point, Calif., on and off the market for the last two years. He’s cut the price to $1.25 million, down from $1.75 million, but hasn’t had any offers on the home, which has three fireplaces and ocean views.
Mr. Anderson, who bought the home in 1987, says he’ll take it off the market in December if it doesn’t sell rather than cut the price. [quote]
[img_assist|nid=13653|title=dana point million dollar mansion|desc=|link=node|align=left|width=100|height=67]
This is Mr. Anderson’s 1.75 million dollar mansion that he is discounting at $1.25!
it is 2800 sqft on 10,000 sqft lot and first purchased for $400k back in 1987. backing up to a busy street.
I say just take the home off listing. there’s a similar sqft home with less upgrades going for $1.06 in the same tract.[/quote]
3 houses down is listed for $985k. 200 sf smaller – but is 200sf worth $235k?UCGal
Participant[quote=ocrenter][quote]Not all sellers will take that step. Jerry Anderson has listed his four-bedroom home in Dana Point, Calif., on and off the market for the last two years. He’s cut the price to $1.25 million, down from $1.75 million, but hasn’t had any offers on the home, which has three fireplaces and ocean views.
Mr. Anderson, who bought the home in 1987, says he’ll take it off the market in December if it doesn’t sell rather than cut the price. [quote]
[img_assist|nid=13653|title=dana point million dollar mansion|desc=|link=node|align=left|width=100|height=67]
This is Mr. Anderson’s 1.75 million dollar mansion that he is discounting at $1.25!
it is 2800 sqft on 10,000 sqft lot and first purchased for $400k back in 1987. backing up to a busy street.
I say just take the home off listing. there’s a similar sqft home with less upgrades going for $1.06 in the same tract.[/quote]
3 houses down is listed for $985k. 200 sf smaller – but is 200sf worth $235k?UCGal
Participant[quote=ocrenter][quote]Not all sellers will take that step. Jerry Anderson has listed his four-bedroom home in Dana Point, Calif., on and off the market for the last two years. He’s cut the price to $1.25 million, down from $1.75 million, but hasn’t had any offers on the home, which has three fireplaces and ocean views.
Mr. Anderson, who bought the home in 1987, says he’ll take it off the market in December if it doesn’t sell rather than cut the price. [quote]
[img_assist|nid=13653|title=dana point million dollar mansion|desc=|link=node|align=left|width=100|height=67]
This is Mr. Anderson’s 1.75 million dollar mansion that he is discounting at $1.25!
it is 2800 sqft on 10,000 sqft lot and first purchased for $400k back in 1987. backing up to a busy street.
I say just take the home off listing. there’s a similar sqft home with less upgrades going for $1.06 in the same tract.[/quote]
3 houses down is listed for $985k. 200 sf smaller – but is 200sf worth $235k?July 22, 2010 at 10:42 AM in reply to: What’s your opinion on ELKS (Equity Linked Securities) #581255UCGal
Participant[quote=Nachoman]They pay 8-10% per year for a 6 month period. Although the principle isn’t guaranteed, seems to be a better return than a normal CD. This offering period is for AAPL.[/quote]
My limited understanding of them puts it at the same risk as owning a stock that pays dividends…If the underlying security (typically a stock) goes down in value during the period – you don’t get your principal back, you get shares of the stock (worth less than the initial investment). If the stock went up, you don’t get the gain, you get your principal back.
This is quite different than a cd.
I don’t see the advantage over owning the stock directly… You still have risk if the stock goes down.July 22, 2010 at 10:42 AM in reply to: What’s your opinion on ELKS (Equity Linked Securities) #581347UCGal
Participant[quote=Nachoman]They pay 8-10% per year for a 6 month period. Although the principle isn’t guaranteed, seems to be a better return than a normal CD. This offering period is for AAPL.[/quote]
My limited understanding of them puts it at the same risk as owning a stock that pays dividends…If the underlying security (typically a stock) goes down in value during the period – you don’t get your principal back, you get shares of the stock (worth less than the initial investment). If the stock went up, you don’t get the gain, you get your principal back.
This is quite different than a cd.
I don’t see the advantage over owning the stock directly… You still have risk if the stock goes down. -
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