Beach Sleuthing

by | Aug 2, 2011 | Bubbleinfo TV, North County Coastal | 8 comments

The foreclosures are few and far between, and trying to score a regular deal isn’t easy either:

8 Comments

  1. Mostly An Observer
    Mostly An Observer on August 2, 2011 at 10:00 pm

    Wow.

    Down to $799 from $890? Seriously?
    1300sq foot from the 30s that was “re-modeled” in the 50s? $799??

    Really?

    Either seller or I REALLY gotta lay off the crack pipe, but I’m thinking maybe $150 on a REAL good day with a full tear down and rebuild for another $200k or so to have $350k all in, for something nice??

    What do you all think? Maybe I’m the one on crack, but again… $799??? Really?

  2. Del mar renter
    Del mar renter on August 2, 2011 at 10:46 pm

    These people are delusional. Give em hell Jimbo!

  3. François Caron
    François Caron on August 3, 2011 at 7:28 am

    It’s an unusually long building, almost like four trailers joined together. And the layout is terrible. How much space is being wasted in that long driveway alone?

    I would definitely tear it down and start from scratch.

    So how much for just the land?

  4. Preston
    Preston on August 3, 2011 at 7:33 am

    $799, Ha, this one needs to go on the ridiculist.

  5. NC
    NC on August 3, 2011 at 8:14 am

    7 or 8 feet ceiling is bad. It is expensive to raise the ceiling.

  6. Mozart
    Mozart on August 3, 2011 at 8:19 am

    Remolition with 10% add to avoid Coastal. $350,000 to build, street value $1.1MM. -20% profit/expenses = $530,000 for the land. Hmmm, too low since any old house goes for $650K. $650K is the price.

    Again too low for owner, okay, back to rental. Welcome to funky Leucadia!

  7. LM
    LM on August 3, 2011 at 8:41 am

    What a waste of everybody’s time…these listings are obnoxious.

    Reminds me of obnoxious poker players that just keep going all-in each hand….eventually they get called and they go broke.

    I don’t know why realtors waste their time with these listings…..Sure it is a free-roll for them but so is picking up discarded betting slips at Del Mar……

    Wonder how many of these delusional sellers still expect love letters from potential buyers on “Why you should let my family buy your house”…LOL remember those?

  8. Jack
    Jack on August 3, 2011 at 11:02 am

    It’s across from the Pacific.

    Power of the ocean.

    It’s not Vista

    You need to pay up or live inland.

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