A blog reader (who had a realtor before discovering us) wanted an opinion about this house. It has the plastic plumbing, which is a $5,000 to $10,000 repair:
REOs for sale
How Much Can You Handle?
Want to get a deal? Figure how to make this one work:
Almost a Million?
The REO list price is at the end:
Not a Lull Yet
Here's the wrap-up of my open house yesterday in Mission Hills, which went better than expected, but still facing a big hurdle with the foundation. Sellers in this predictament should accept their fate, and prepare for lowball offers. Lowering the price last week by...
Re-Ignition
There is peak urgency during the first week of a listing, but after that they get stale quickly. Consider the Mission Hills REO on Hunter St., originally listed for $429,900 on May 19th. We had four offers come in the first week, and after a round of...
REO Country
Demand is strong for newer single-story custom homes on decent-sized lots, with no Mello-Roos. If you want to be in our regular target area, North SD County Coastal, be prepared to spend $1,000,000+. If you'd rather spend less and aren't that concerned about the...
4,626 sf on 2.63 acres
Del Mar REO
Currently the least-expensive in 92014:
Carmel Valley REO Trail
Chase owns the first house in this video, and they tend to the best at pricing - especially with their WaMu assets. IndyMac owned the second house pictured, and they've been fairly aggressive too:
REO Challenges
I usually sell nice homes in premium markets.......these are not representative of my regular business.