Written by Jim the Realtor

October 3, 2011

Are you the type of buyer that likes your REOs cheap and ugly?

9 Comments

  1. Susie

    “Scramblin’ eggs on this block any minute!” Another JtR classic line. Keep ’em coming, Jim…

  2. anon

    I prefer to be a solutions man-

    Cracked slab? Nothing a rug can’t fix.

    Traffic noise? Bose headphones! (Earplugs for the budget minded)

    Come on – lets stay positive!

  3. François Caron

    Move the decimal point in the price one digit to the left, and maybe I’ll consider it. 🙂

  4. GettinReady

    Yikes. It’s going to be very difficult finding a buyer at $291K. Would be a decent rental/income property, but they would have to knock the price down quite a bit.

  5. Josie

    Crack in half like an egg. LOL. Oh, you crack me up! Pun intended.

  6. Chuck Ponzi

    Is it possible to do an underpinning on that slab? Does that work here in California? I don’t have enough boots on the ground experience to know if slabs not on a hill could/should be underpinned.

    In my experience, underpinning is only about $150/linear foot. Seems reasonable solution.

    Chuck

  7. andrewa

    @ Chuck, done it for even less here, have even done it on raft foundations on clay (make a bigger raft)……just use your rebar properly and do it in stages. As Jim says “there’s nothing price won’t fix”
    Oh and hire a good engineer!

  8. Just some guy

    Sierra Morena is like a tale of two cities. The lower end is crowded and has a ghetto feel to it. Whereas, at the top of the hill the homes are bigger with bigger lots.

  9. Just some guy

    Oh, and the street itself is wickedly narrow with parking on both sides.

    Just plain unsafe.

Jim Klinge

Klinge Realty Group
Broker-Associate, Compass
Jim Klinge

Are you looking for an experienced agent to help you buy or sell a home?

Contact Jim the Realtor!

CA DRE #01527365, CA DRE #00873197

Pin It on Pinterest