REO Not Selling

by | Apr 26, 2011 | Bubbleinfo TV, REOs for sale | 10 comments

This same model further up the same street that backed to the canyon just sold for $1,100,000 cash in January (linked here) , yet no takers for this one at $899,900:

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Jim the Realtor
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10 Comments

  1. Lyle
    Lyle on April 26, 2011 at 8:42 pm

    I notice that one could fix the stair and put in an elevator given the open space around the staircase, or simply put in a straight staircase, as an alternative. What are the door widths to the bathrooms? That would be one thing to look at in the downstairs room.

  2. tj & the bear
    tj & the bear on April 26, 2011 at 9:07 pm

    Why not a fan in the bedroom? Nice air circulation and a steady whir to help you sleep!

  3. Susie
    Susie on April 26, 2011 at 9:20 pm

    Haha, JtR, I guess I’m too picky:
    1- The view of the power lines totally turned me off.
    2- The massive square footage. Just another McMansion.
    3- The “Rotary Club” master bath.
    4- The two facing 2-car garages.
    PS The fountains were ridiculously ugly too!

  4. Booty Juice
    Booty Juice on April 27, 2011 at 4:23 am

    I like places like that with a few idiocincrecies because you can get a great place to live for a nice price. You gotta either sell em in a strong market or fix em before listing though.

  5. Kardashianians
    Kardashianians on April 27, 2011 at 8:47 am

    For a house with that kind of asking price (pretty high) for La Costa area it’d better have some unique attractive features. This one is a little too generic, typical McMansion. Adding the power line issue and the general REO vibe in and around the house the listing agent got a tough one. But hey like JtR often reminds his viewers, nothing that money can’t fix (lowering the price in this case).

    The one up the street got great canyon view and had the lived in feel to it which this one doesn’t have.

  6. rodeman
    rodeman on April 27, 2011 at 8:56 am

    Aren’t most aging baby boomers looking to downsize? (4225 sq ft)?

  7. La Shawn from Brooklyn
    La Shawn from Brooklyn on April 27, 2011 at 10:33 am

    What’s the neighborhood?

  8. Mozart
    Mozart on April 27, 2011 at 1:50 pm

    By the way, those are Roman gods and get those things out of there! Don’t forget to put that taco bell table on Craigslist for $40 while you’re at it.

    Between being too big, with a bad chopped-up plan and the tacky entry before you even get in the house, it’s gonna take someone with either vision, or, no clue to make the purchase. But it will sell, patience.

  10. Jakob
    Jakob on April 28, 2011 at 3:18 pm

    Haha, now I’ve seen everything. Coins in the travertine?

    Takes balls to do something like that!

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