Thursday, October 05, 2006

Short Sales Galore!

Flippers are in a world of trouble, rising interest rates, tighter lending standards, smarter buyers have these greedy people heading down a slippery slope........

1591 COUNTRY VISTAS LN, BONITA



Realtor: "SHORT SALE-Pre Foreclosure Upon BANK Approval! This homes sits in the ever so popular area in Bonita on COUNRTY VISTAS LANE, surrounded by million dollare homes.This property requires some updating and has been very well maintained.A little TLC on this home is all it requires! "


The price: $700K!...........Lady Please. For $700K the house better be in tip-top condition with 5 acres of land, a barn and 10 horses, otherwise, I'll submit an offer to the auctioneer for $250K.



822-824 N. 42ND. SAN DIEGO



Realtor: "GREAT OPPORTUNITY, SHORT SALE, Subject to Lender approval. Pride of Owner, homes have been remodel through out. Homes are well groom in and out. Detach 2 car garage with plenty of parking space around. GO SHOW!! "

The price: $470K........All that missing in this house is a bench press and a bunch of free weights in the front yard. I would pay $470K-350K( The cost it would take to take your girlfriend out for dinner for the next 30 years so she won't see what a dump you live in.) = $120K.

4 comments:

Anonymous said...

This is just the start of the biggest collaspe in real estate history.

Anonymous said...

I just like the humor. Maybe you should put a picture of the realtors with most outrageous (Iraqi style Minister of Communication) statements.

bubble_watcher said...

This property requires some updating and has been very well maintained.A little TLC on this home is all it requires!

Translation.. This house needs a new foundation.

Bob Flippa said...

rerip2007,

I feel you man, I would not buy this pos for 10K. This is a joke and the realtors are responsible for peddling this crap just as much as the greed flippers.