Chula Vista owner facing over $130K loss
Listing Information (click to enlarge):
Previous Sale Info:
Comments:
I don't understand how a person purchasing a home in 1) August 2005 2) in Chula Vista 3) for $900K and 4) ~$350 per month in fees, thought a profit could be made.
Thats not exactly a recipe that calls out to me. I don't even think he would have made a profit if the home was in La Jolla.
The builders were making a killing, I remember a house like this in 2000 would cost about $300K. Amazing.........
3 comments:
A chula vista home with 3000 sq. ft. for $900k. Why in the world would someone pay that much to live in CV.
This was a scam. Equity extraction scam....
Mental exam must require for every mortgage applicant
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