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Hot House

Posted By Jim the Realtor On February 10, 2009 @ 9:16 pm In Foreclosures/REOs,Thinking of Buying? | 29 Comments

[1]My original BPO on this Valley Center REO was $499,000, but, of course, the appraisal came in higher so we listed for $579,900 on December 23rd.

They lowered it to $546,900 on January 2nd, and a few days later an offer for $500,000 came in.  The bank countered full price.  The buyers thought I was joking.

Today, the bank lowered it to $499,900.

side view [2]

I went back to the offerees, but they said that they weren’t interested anymore, that they were sick of dealing with banks that won’t counter in good faith.

Anybody want a 4,469sf house on two acres in remote Valley Center for $499,900

It has high ceilings!             >> side view >>>>


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