Here’s a good example of how important it is for sellers to have a top-notch photo presentation of their house for sale.
Buyers are looking for any reason NOT to buy. If they aren’t in love with the house from the photos, once they drive up and see this, they won’t get out of the car:
He paid $650,000 in 2005, I told him $429,000 (-34%).
Good Olde Country Club Lane, w/o a country club on it!! You have to pray the wind ain’t coming out of the South West as well when you own out there by Stone Brewing! Chicken Ranch!
That construction reminds me of this:
http://i172.photobucket.com/albums/w9/Frank6962/enterprise.jpg
The neighbors on the way up remind me of my uncle’s farm:
http://twitpic.com/az1ey
The plumber’s truck reminds me of the time we were going to buy a house in Carlsbad when we discovered the next-door neighbor parks his gigantic white commercial pickup truck, complete with galvanized steel built-in toolbox, right up to the micro-inch on the property line; so the truck wasn’t in front of their house, but basically in front of the house we were going to buy. This, among other things, was a deal killer.
We watched the video and wondered how a plumber and a security company (owner?) afforded a $600k house.
I have a Roto-rooter guy on my street, but this is a $200-$300k neighborhood, not $600k.
Just a short cab ride from Stone–that could make up for it!
The patrol car is parked facing the wrong direction, no less. I was always amazed during the bubble run-up how things like that, Cape Canaveral (great call there, Jim,) power lines, etc., were non-factors.
Reminds me of this listing…
http://img682.imageshack.us/img682/5859/wowprop.jpg
If the plumbing guy owns his business, and he has folks working for him, he can do very well. I am related to a plumbing contractor who has a whole bunch of guys working for him, and, trust me, he makes some nice money.
Jim, can you share what the buyers thought were as to why he bought the house? Just like renters, neighbors can be just as bad.