Comments on: Has Potential

By: Anonymous

Anonymous — Sat, 03 Oct 2009 19:48:43 +0000

osidebuyer-Not even close. The world record for decline from peak is 92.8%, found in this Palm Springs house:

http://www.redfin.com/CA/Palm-Springs/398-W-Palm-Vista-Dr-92262/home/6044258

Look at this crazy shit:

Property History
Date Event Price Appreciation Source
Apr 30, 2009 Sold $32,500 -87.1%/yr Public Records
Feb 08, 2008 Sold $399,479 -8.3%/yr Public Records
Sep 22, 2006 Sold $450,000 28.4%/yr Public Records
Sep 20, 2005 Sold $350,000 63.3%/yr Public Records
Jul 30, 2004 Sold $200,000 89.0%/yr Public Records
Oct 06, 2003 Sold $119,000 24.3%/yr Public Records
Oct 11, 2002 Sold $96,000 114.3%/yr Public Records
Jun 28, 2001 Sold $36,000 -26.2%/yr Public Records
Apr 16, 2001 Sold $38,250 — Public Records

By: osidebuyer

osidebuyer — Fri, 02 Oct 2009 18:07:44 +0000

Oh and I loved the Frank Lloyd Wright comments, I was laughing several times.

By: osidebuyer

osidebuyer — Fri, 02 Oct 2009 18:06:08 +0000

WOW. $520K borrowed on that? Seems to me this is the biggest off-peak decline we’ve seen, percentage wise.

By: Erin

Erin — Fri, 02 Oct 2009 17:19:14 +0000

I like the arrows drawn on the walls. very considerate to point out the problems to potential buyers.

By: RBRenter

RBRenter — Fri, 02 Oct 2009 17:09:58 +0000

Reminds me of the old appraiser’s joke:

“You know Frank Lloyd Wright?”

“Yeah”

“Well this is Frank Lloyd WRONG.”

Ultimate man cave downstairs.

By: Snohomish Sue

Snohomish Sue — Fri, 02 Oct 2009 16:39:13 +0000

I’d love to see a video of this after it’s ready for resale………..dump to dream??? Oh the potential!

By: Art Eclectic

Art Eclectic — Fri, 02 Oct 2009 14:40:57 +0000

With a major remodel, an ambitious homeowner could turn that downstairs into a great home office/storage space (and be able to use the garage as a garage) while making the upstairs a private family space. At least that’s what I saw when I watched the video. Storage space in the former “kitchen” and office space in the other “bedrooms.”

By: Local Boy

Local Boy — Fri, 02 Oct 2009 14:03:12 +0000

Can you say “Bootleg”

By: d^2

d^2 — Fri, 02 Oct 2009 13:27:44 +0000

love it! franky went to town on this one!

By: Rob Dawg

Rob Dawg — Fri, 02 Oct 2009 11:29:22 +0000

“Illegal unit.” Whereinthehell did you learn to speak Realtorese® Jim? That buyer will verify bonus construction has income opportunity written all over it.