Myopia inflicts Rancho Bernado Flipper
Remarks:
I think this flipper is suffering from myopia (Lack of discernment or long-range perspective in thinking or planning). He acutally believes that his home appreciated from $1,092,595 in 12/2005 to $1, 649,000 15 months later.
First, you waaaaaaaaay overpaid for your house! We should get on you knees and start to pray that some sucker will give you what you paid for it. Next, the listing price is a insult to the buying public, you should be ashamed of yourself!
17 comments:
wow, wow, wow, wow, wow, wow..................
Great post Bob. Bet it is still listed 9 months from now.
For what it's worth, its close twin Zillows out at $1.190 M at the moment. And Zillow's estimates run too high these days.
Oh boy. $1.6 for that? Either the seller comes back to reality or the property sits on the market forever. People can't be that stupid to pay that price or anything even close.
1.6 million?? Oh please. That will be on the market until 2029.
I do enjoy a good laugh though.
I hope this guy has a good dental plan... because I hope he eats this house.
Zillow is a joke.
This guy has been watching "The Wizard of Oz" one too many times... that thing that Dorthy does with her heels will not work in this housing environment...LOL
you guys have double standards, when the market was good, everybody (yes, you) were cheering on how much equity you made, right? Now the market is down, you just making fun of sellers/buyers??
and for this house asking price, there will always be someone willing to pay(you may call him a sucker). who knows? maybe a rich taiwanese looking for a house for his kids in US(he care less whatever you call him, because he has the money)
That happened before, and it can happen anytime. So don't generalize or sterotype on what kind of people is the buyer/seller.
You just want the price to come down 40%? so you guys can buy again?? DREAM ON!! That won't happen anytime soon, and swallow it.
I am just curious if you are those typical white people who used HELOC to buy luxuries, and use a lot of creditcard debt to pay for expensive toys?? If you are, then the real sucker is actually you, how do you feel about that?
any comments? makupolo@yahoo.com
Looks like we have a troll. So Makupolo, I see you have left denial and entered the anger stage??? Good luck with that.
Hey Makupolo I think most people here are commenting on the realities of the current market. And no, I don't agree with your conclusion that a rich taiwanese person will pay 1.6 for this house.
A rich taiwanese who makes money knows how to use it.
You can't get anyone to buy this house for 1.6 million. Dream on.
Where is the beach..?1.6 M..what a theif!
-makupolo
I have no double standards and I'm not the racist you appear to be. I don't own Sh%t because the prices are out of hand.
NAR and WallStreet keep telling me that economy is Great, Employment is at all time highs. So why the hell would this guy be selling after only living in the place for 9 months if he most likely has a job? 1 million dollars is a lot of money to spend on a place you don't plan to live in for longer then a year wouldn't you think?
The answer is he is a FLIPPER, he bought the place expecting to make money doing nothing. He did not add any value to that house for the 9 months he had it, at least not $500,000 worth.
I know credit is cheap these days but lets think about it $500,000 is a LOT of money. It would take most households 10 years to EARN that much money and this dope expects to get $500,000 in 9 months doing nothing more then filling out paperwork.
I have more respect for a Hooker or Drug Dealer because at they are providing a service. They are doing WORK. A Flipper is an over paid middle man.
I can only speculate but perhaps the seller wants the "massive price reduction" to be added to the advertisement in the near future.....Either that or... I'll have what he's smoking...
Can someone check public records to see if that rich taiwanese dude has purchased this property at 1.6 yet?
Maybe 10 families of Illegal immigrants will buy the house with 0 down 100% financing and a 1 year arm! Thats how we got in this mess in the first place, ignorant people that make no money trying to purchase a house that is 20 times more than they make! I hope this guy has to eat $500,000 of it!
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