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urbanrealtor
ParticipantI doubt your going to make money selling pics of foreclosures right now. Regardless of how neat they look.
Its a bit like finding a rainbow flag in my neighborhood.
I am curious where this is though.
urbanrealtor
Participant[quote=sdrealtor]Actually school district boundaries can change quite often. There is a community in Encinitas on the the South Carlsbad border called Bridgewater they got bounced around a couple years in a row between El Camino Creek and Flora Vista (both exceptional schools) in the last 10 years. The same thing happened to Mar Brisa (switching between Aviara Oaks and Pacific Rim) near but not in Aviara.
Stick with the school district websites and verify the boundaries by phone or in person before you make a decision based upon information on a website.[/quote]
In this vein, if you are talking with someone about this, verify what you mean by the term “district”. I (and I think most people) use it to refer to the corporate body that governs public education in the schools that exist in a given geographic region. This macro region changes but not all that often. The other use of “district” is for referring to the geographic micro region that a particular school pulls from (within the afore-mentioned macro region). This changes as often as several times a year. I have heard clients use these 2 versions of the term interchangeably within the same conversation.
My only point here is that I strongly recommend asking questions and clearly framing your terms.urbanrealtor
Participant[quote=sdrealtor]Actually school district boundaries can change quite often. There is a community in Encinitas on the the South Carlsbad border called Bridgewater they got bounced around a couple years in a row between El Camino Creek and Flora Vista (both exceptional schools) in the last 10 years. The same thing happened to Mar Brisa (switching between Aviara Oaks and Pacific Rim) near but not in Aviara.
Stick with the school district websites and verify the boundaries by phone or in person before you make a decision based upon information on a website.[/quote]
In this vein, if you are talking with someone about this, verify what you mean by the term “district”. I (and I think most people) use it to refer to the corporate body that governs public education in the schools that exist in a given geographic region. This macro region changes but not all that often. The other use of “district” is for referring to the geographic micro region that a particular school pulls from (within the afore-mentioned macro region). This changes as often as several times a year. I have heard clients use these 2 versions of the term interchangeably within the same conversation.
My only point here is that I strongly recommend asking questions and clearly framing your terms.urbanrealtor
Participant[quote=sdrealtor]Actually school district boundaries can change quite often. There is a community in Encinitas on the the South Carlsbad border called Bridgewater they got bounced around a couple years in a row between El Camino Creek and Flora Vista (both exceptional schools) in the last 10 years. The same thing happened to Mar Brisa (switching between Aviara Oaks and Pacific Rim) near but not in Aviara.
Stick with the school district websites and verify the boundaries by phone or in person before you make a decision based upon information on a website.[/quote]
In this vein, if you are talking with someone about this, verify what you mean by the term “district”. I (and I think most people) use it to refer to the corporate body that governs public education in the schools that exist in a given geographic region. This macro region changes but not all that often. The other use of “district” is for referring to the geographic micro region that a particular school pulls from (within the afore-mentioned macro region). This changes as often as several times a year. I have heard clients use these 2 versions of the term interchangeably within the same conversation.
My only point here is that I strongly recommend asking questions and clearly framing your terms.urbanrealtor
Participant[quote=sdrealtor]Actually school district boundaries can change quite often. There is a community in Encinitas on the the South Carlsbad border called Bridgewater they got bounced around a couple years in a row between El Camino Creek and Flora Vista (both exceptional schools) in the last 10 years. The same thing happened to Mar Brisa (switching between Aviara Oaks and Pacific Rim) near but not in Aviara.
Stick with the school district websites and verify the boundaries by phone or in person before you make a decision based upon information on a website.[/quote]
In this vein, if you are talking with someone about this, verify what you mean by the term “district”. I (and I think most people) use it to refer to the corporate body that governs public education in the schools that exist in a given geographic region. This macro region changes but not all that often. The other use of “district” is for referring to the geographic micro region that a particular school pulls from (within the afore-mentioned macro region). This changes as often as several times a year. I have heard clients use these 2 versions of the term interchangeably within the same conversation.
My only point here is that I strongly recommend asking questions and clearly framing your terms.urbanrealtor
Participant[quote=sdrealtor]Actually school district boundaries can change quite often. There is a community in Encinitas on the the South Carlsbad border called Bridgewater they got bounced around a couple years in a row between El Camino Creek and Flora Vista (both exceptional schools) in the last 10 years. The same thing happened to Mar Brisa (switching between Aviara Oaks and Pacific Rim) near but not in Aviara.
Stick with the school district websites and verify the boundaries by phone or in person before you make a decision based upon information on a website.[/quote]
In this vein, if you are talking with someone about this, verify what you mean by the term “district”. I (and I think most people) use it to refer to the corporate body that governs public education in the schools that exist in a given geographic region. This macro region changes but not all that often. The other use of “district” is for referring to the geographic micro region that a particular school pulls from (within the afore-mentioned macro region). This changes as often as several times a year. I have heard clients use these 2 versions of the term interchangeably within the same conversation.
My only point here is that I strongly recommend asking questions and clearly framing your terms.August 18, 2008 at 11:33 PM in reply to: 1610 Sagewood – San Elijo Hills – Shadow Inventory? #258617urbanrealtor
ParticipantSD (sorry, lesser Yoda), I have an anecdote (as I always do) that is the other version of this.
It is part of what helped me form my present opinion on the relative skill of certain lenders.A couple of months ago, I took a listing for one of my neighbors. We listed it at a price that I believed would generate enthusiasm by buyers. This was a short sale and so he was not making a dime. He was walking away and so showing was easy because it was vacant.
We got 5 offers in 2 weeks.
The bank had an appraisal done and assigned a negotiator within 3 weeks.We would be closed by now but for my seller deciding that he was tired of signing things. This was almost my defining short sale war story but for my ignoring of the human factor. I still don’t know of way to account for depression.
Wells actually acted better than any short sale story I have heard.
I have heard that their REOs are quick and decisive also.
We will see how true my theory proves in the coming year.
August 18, 2008 at 11:33 PM in reply to: 1610 Sagewood – San Elijo Hills – Shadow Inventory? #258806urbanrealtor
ParticipantSD (sorry, lesser Yoda), I have an anecdote (as I always do) that is the other version of this.
It is part of what helped me form my present opinion on the relative skill of certain lenders.A couple of months ago, I took a listing for one of my neighbors. We listed it at a price that I believed would generate enthusiasm by buyers. This was a short sale and so he was not making a dime. He was walking away and so showing was easy because it was vacant.
We got 5 offers in 2 weeks.
The bank had an appraisal done and assigned a negotiator within 3 weeks.We would be closed by now but for my seller deciding that he was tired of signing things. This was almost my defining short sale war story but for my ignoring of the human factor. I still don’t know of way to account for depression.
Wells actually acted better than any short sale story I have heard.
I have heard that their REOs are quick and decisive also.
We will see how true my theory proves in the coming year.
August 18, 2008 at 11:33 PM in reply to: 1610 Sagewood – San Elijo Hills – Shadow Inventory? #258819urbanrealtor
ParticipantSD (sorry, lesser Yoda), I have an anecdote (as I always do) that is the other version of this.
It is part of what helped me form my present opinion on the relative skill of certain lenders.A couple of months ago, I took a listing for one of my neighbors. We listed it at a price that I believed would generate enthusiasm by buyers. This was a short sale and so he was not making a dime. He was walking away and so showing was easy because it was vacant.
We got 5 offers in 2 weeks.
The bank had an appraisal done and assigned a negotiator within 3 weeks.We would be closed by now but for my seller deciding that he was tired of signing things. This was almost my defining short sale war story but for my ignoring of the human factor. I still don’t know of way to account for depression.
Wells actually acted better than any short sale story I have heard.
I have heard that their REOs are quick and decisive also.
We will see how true my theory proves in the coming year.
August 18, 2008 at 11:33 PM in reply to: 1610 Sagewood – San Elijo Hills – Shadow Inventory? #258867urbanrealtor
ParticipantSD (sorry, lesser Yoda), I have an anecdote (as I always do) that is the other version of this.
It is part of what helped me form my present opinion on the relative skill of certain lenders.A couple of months ago, I took a listing for one of my neighbors. We listed it at a price that I believed would generate enthusiasm by buyers. This was a short sale and so he was not making a dime. He was walking away and so showing was easy because it was vacant.
We got 5 offers in 2 weeks.
The bank had an appraisal done and assigned a negotiator within 3 weeks.We would be closed by now but for my seller deciding that he was tired of signing things. This was almost my defining short sale war story but for my ignoring of the human factor. I still don’t know of way to account for depression.
Wells actually acted better than any short sale story I have heard.
I have heard that their REOs are quick and decisive also.
We will see how true my theory proves in the coming year.
August 18, 2008 at 11:33 PM in reply to: 1610 Sagewood – San Elijo Hills – Shadow Inventory? #258908urbanrealtor
ParticipantSD (sorry, lesser Yoda), I have an anecdote (as I always do) that is the other version of this.
It is part of what helped me form my present opinion on the relative skill of certain lenders.A couple of months ago, I took a listing for one of my neighbors. We listed it at a price that I believed would generate enthusiasm by buyers. This was a short sale and so he was not making a dime. He was walking away and so showing was easy because it was vacant.
We got 5 offers in 2 weeks.
The bank had an appraisal done and assigned a negotiator within 3 weeks.We would be closed by now but for my seller deciding that he was tired of signing things. This was almost my defining short sale war story but for my ignoring of the human factor. I still don’t know of way to account for depression.
Wells actually acted better than any short sale story I have heard.
I have heard that their REOs are quick and decisive also.
We will see how true my theory proves in the coming year.
urbanrealtor
Participant[quote=waiting for bottom]http://www.sdlookup.com/MLS-080057607-1610_Sagewood_San_Marcos_Ca_92078
Someone’s ears are burning…this was just listed today. Unbelievable, it took them 5 months to get it on the market. Plus they are asking 15K higher than recent sales. This ought to be fun to watch.[/quote]
It has been my experience that the lenders who now own these REO’s really vary in their skill level.
Lenders with a crapload (technical term) of inventory (think Wells, Countrywide, Fannie, Freddie, WaMu) tend to move faster and get things listed in a few weeks. Lesser-known groups tend to take longer and do it in a more haphazard or dysfunctional way. One of my favorite conversations was with an asset manager during the beginning of the current wave of foreclosures. Basically, he said they do what normal buyers did during the boom. They call 3 agents and ask all to give price opinions. The agent with the highest opinion got the listing. The effect was predictable.
I may be mistaken but the situation you reference sounds like on of these cases. Again, these phenomena are experienced anecdotally but regularly.
Does anyone else have something to contribute on this front?
urbanrealtor
Participant[quote=waiting for bottom]http://www.sdlookup.com/MLS-080057607-1610_Sagewood_San_Marcos_Ca_92078
Someone’s ears are burning…this was just listed today. Unbelievable, it took them 5 months to get it on the market. Plus they are asking 15K higher than recent sales. This ought to be fun to watch.[/quote]
It has been my experience that the lenders who now own these REO’s really vary in their skill level.
Lenders with a crapload (technical term) of inventory (think Wells, Countrywide, Fannie, Freddie, WaMu) tend to move faster and get things listed in a few weeks. Lesser-known groups tend to take longer and do it in a more haphazard or dysfunctional way. One of my favorite conversations was with an asset manager during the beginning of the current wave of foreclosures. Basically, he said they do what normal buyers did during the boom. They call 3 agents and ask all to give price opinions. The agent with the highest opinion got the listing. The effect was predictable.
I may be mistaken but the situation you reference sounds like on of these cases. Again, these phenomena are experienced anecdotally but regularly.
Does anyone else have something to contribute on this front?
urbanrealtor
Participant[quote=waiting for bottom]http://www.sdlookup.com/MLS-080057607-1610_Sagewood_San_Marcos_Ca_92078
Someone’s ears are burning…this was just listed today. Unbelievable, it took them 5 months to get it on the market. Plus they are asking 15K higher than recent sales. This ought to be fun to watch.[/quote]
It has been my experience that the lenders who now own these REO’s really vary in their skill level.
Lenders with a crapload (technical term) of inventory (think Wells, Countrywide, Fannie, Freddie, WaMu) tend to move faster and get things listed in a few weeks. Lesser-known groups tend to take longer and do it in a more haphazard or dysfunctional way. One of my favorite conversations was with an asset manager during the beginning of the current wave of foreclosures. Basically, he said they do what normal buyers did during the boom. They call 3 agents and ask all to give price opinions. The agent with the highest opinion got the listing. The effect was predictable.
I may be mistaken but the situation you reference sounds like on of these cases. Again, these phenomena are experienced anecdotally but regularly.
Does anyone else have something to contribute on this front?
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