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waterboy
ParticipantIt is crazy how much action the Chelsea property is getting. Each time I run or walk by there are multiple people looking at it….maybe I saw you SDR! If it goes above $800k then I think they will be catching a knife. At $600k I think I would take it.
A well experienced contractor or investor might be able to just work with existing shell, min permits, and put some nice lipstick back on it for under $50k then turn it around and sell for $1M-1.1M. Or put $300k into it and build up and out but not sure if that risk is worth it as you have those condos right behind looking down on you.
Did anyone see the lot on Linda Rosa that had the foundation and some framing? I heard it is under contract for $650k all cash. Has approved plans to build 4bd 3.5ba 2car garage 2100sq ft home. Much better deal as it has great ocean views and a little more private than Chelsea. Downside is no back yard, just room to fence in front.
waterboy
ParticipantIt is crazy how much action the Chelsea property is getting. Each time I run or walk by there are multiple people looking at it….maybe I saw you SDR! If it goes above $800k then I think they will be catching a knife. At $600k I think I would take it.
A well experienced contractor or investor might be able to just work with existing shell, min permits, and put some nice lipstick back on it for under $50k then turn it around and sell for $1M-1.1M. Or put $300k into it and build up and out but not sure if that risk is worth it as you have those condos right behind looking down on you.
Did anyone see the lot on Linda Rosa that had the foundation and some framing? I heard it is under contract for $650k all cash. Has approved plans to build 4bd 3.5ba 2car garage 2100sq ft home. Much better deal as it has great ocean views and a little more private than Chelsea. Downside is no back yard, just room to fence in front.
waterboy
ParticipantIt is crazy how much action the Chelsea property is getting. Each time I run or walk by there are multiple people looking at it….maybe I saw you SDR! If it goes above $800k then I think they will be catching a knife. At $600k I think I would take it.
A well experienced contractor or investor might be able to just work with existing shell, min permits, and put some nice lipstick back on it for under $50k then turn it around and sell for $1M-1.1M. Or put $300k into it and build up and out but not sure if that risk is worth it as you have those condos right behind looking down on you.
Did anyone see the lot on Linda Rosa that had the foundation and some framing? I heard it is under contract for $650k all cash. Has approved plans to build 4bd 3.5ba 2car garage 2100sq ft home. Much better deal as it has great ocean views and a little more private than Chelsea. Downside is no back yard, just room to fence in front.
waterboy
ParticipantIt is crazy how much action the Chelsea property is getting. Each time I run or walk by there are multiple people looking at it….maybe I saw you SDR! If it goes above $800k then I think they will be catching a knife. At $600k I think I would take it.
A well experienced contractor or investor might be able to just work with existing shell, min permits, and put some nice lipstick back on it for under $50k then turn it around and sell for $1M-1.1M. Or put $300k into it and build up and out but not sure if that risk is worth it as you have those condos right behind looking down on you.
Did anyone see the lot on Linda Rosa that had the foundation and some framing? I heard it is under contract for $650k all cash. Has approved plans to build 4bd 3.5ba 2car garage 2100sq ft home. Much better deal as it has great ocean views and a little more private than Chelsea. Downside is no back yard, just room to fence in front.
waterboy
ParticipantThat is a good rate. What do the lending fees total?
waterboy
ParticipantThat is a good rate. What do the lending fees total?
waterboy
ParticipantThat is a good rate. What do the lending fees total?
waterboy
ParticipantThat is a good rate. What do the lending fees total?
waterboy
ParticipantThat is a good rate. What do the lending fees total?
waterboy
ParticipantSo maybe hundreds is a little high. I wonder if anyone can easily pull up the current NOD numbers for the master community?
Here is the latest Fed forecast on CNN
Federal Reserve forecasted continued economic decline in 2009, steep unemployment rise into 2010. More soon.
Time will tell, but I still think some will sell for mid $400s a year from now
waterboy
ParticipantSo maybe hundreds is a little high. I wonder if anyone can easily pull up the current NOD numbers for the master community?
Here is the latest Fed forecast on CNN
Federal Reserve forecasted continued economic decline in 2009, steep unemployment rise into 2010. More soon.
Time will tell, but I still think some will sell for mid $400s a year from now
waterboy
ParticipantSo maybe hundreds is a little high. I wonder if anyone can easily pull up the current NOD numbers for the master community?
Here is the latest Fed forecast on CNN
Federal Reserve forecasted continued economic decline in 2009, steep unemployment rise into 2010. More soon.
Time will tell, but I still think some will sell for mid $400s a year from now
waterboy
ParticipantSo maybe hundreds is a little high. I wonder if anyone can easily pull up the current NOD numbers for the master community?
Here is the latest Fed forecast on CNN
Federal Reserve forecasted continued economic decline in 2009, steep unemployment rise into 2010. More soon.
Time will tell, but I still think some will sell for mid $400s a year from now
waterboy
ParticipantSo maybe hundreds is a little high. I wonder if anyone can easily pull up the current NOD numbers for the master community?
Here is the latest Fed forecast on CNN
Federal Reserve forecasted continued economic decline in 2009, steep unemployment rise into 2010. More soon.
Time will tell, but I still think some will sell for mid $400s a year from now
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