This sold for $2,850,000 when new in October, 2007:
Million Off
by Jim the Realtor | Apr 20, 2011 | Bubbleinfo TV, North County Coastal, REOs for sale | 6 comments
by Jim the Realtor | Apr 20, 2011 | Bubbleinfo TV, North County Coastal, REOs for sale | 6 comments
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CA DRE #01527365, CA DRE #00873197
Rancho Santa Fe fire captain dies of complications from COVID-19 https://thecoastnews.com/rancho-santa-fe-fire-captain-dies-of-complications-from-covid-19-2/
Gibson, Ford, Brock, Seaver, Kaline, Morgan, Niekro, Lasorda, Sutton and now Hammerin Hank. We’ve lost some of the greatest to ever do it this year. @TommyLasorda is gonna have a hell of a roster to manage up there. #RIPLegends
Comments on December Existing Home Sales https://www.calculatedriskblog.com/2021/01/comments-on-december-existing-home-sales.html The delay in the buying season has pushed the seasonally adjusted number to very high levels. For example, this number of sales, (NSA) in July, would have given a 5.3 million, as opposed to 6.76 million SAAR.
That is a great looking bank deal. Do nearby comps support 1.8, or is this property too different than the neighbors?
I will make a 1.5 million cash offer right now. Do you think it has a chance to go through?
Sweet! A bit out of my range, but I’m working on that… ;-_
p.s.: GO STEFF!
$1.5 million?
I would love to write that offer with you and find out! Let’s do it!
They will likely wait the usual 3-7 days before responding. Let’s check the agent’s stats:
Active listings: 54
Pending listings: 59
Sold YTD: 78, averaging 47 days on market (and none were less than 5 days on market)
This guy is a machine! His staff will run every listing through the same paces – enthusiastically encouraging offers for the first few days, hoping to submit a handful to the bank.
Theoretically, you will stand a better chance of getting a discount after a listing has been on the market 2-4 weeks, but there are banks that are holding out even longer before reducing price.
The steep hillside on the back gives me pause. It’s built in 2006/2007 so not time tested long enough yet. It’s a really nice house nonetheless.