Thursday, January 18, 2007

What lies beneath

"Never let'em see you're desperate." I think that was the rule in a home sale transaction. Well, that rule is rapidly getting overturned. Increasingly, listings contain words of desperation. It may become downright trendy to let your financial problems all hang out in your home listing, sort of like being on Jerry Springer or whatever TV show they go on these days to confess their sins. Not all listings show that desperation, but some are so odd as to make me wonder what lies beneath that murky listing. What turmoil rages in our markets? Will these descriptions from Zip Realty and Craigslist provide us clues?

-- Spectacular view of the city. This condo is in mint condition. Shows extremely well. Large bedrooms large closets with mirrored doors. This is a good opportunity. The seller is in financial trouble and must sell. The sale is subject to a short sale. Buyer needs to understand. The property is going to be vacant and ready for occupancy.

-- Great opportunity, built in 2004 by richvr and it is been vacant since. Excellent move in condition. Plantation shutters, travertine floor, marble, granite counter top, ss appliances including refrigerator, washer & dryer.Cherry wood cabinets, natural stone tile, fireplace, vaulted ceiling and a lot more. This unit is priced to sell. Must see to appreciate. Thank you

-- This house is going for a bargain. It is the lowest priced 2 on a lot over 2000 sqft in north redondo beach. The layout is traditional with a formal living and dining room. It features a kitchen with ample counterspace, fireplace, and rooms with high ceilings. The house has 2 patios. The larger one off the master bedroom. It is a well maintained home.

-- I need a real esate agent to help me sell my place asap because i need to move and cant afford payment anymore. Please reply with your background (why you will do a good job), how busy you are (i need someone who is devoted to getting my place sold asap), and your experience with talking to banks as this may need to be a short sale, and your phone #.

-- Built only last year, this seller is ready to make a deal. Highly motivated to close quickly and give himself and his buyer a wonderful gift.

-- We are constantly meeting with home sellers in the South Bay who need to move quickly and sell their home ASAP. This means that we can match you (the buyer) sometimes before the property is even listed on the market!! Email me the details on the home characteristics you are looking for...and let me and my team be your eyes & ears!

4 Comments:

Blogger Rob Dawg said...

"...built in 2004 by richvr and it is been vacant since...."

I'm of mixed toughts here. 3 years of vacant and not earning income? Sad. This guy probalby thinks he'll get more in the sales price than a sales price for an occupied property would garner.

Then I think, this is an idiot I can exploit by offering the 2004 price MINUS the IRS schedule depreciation and he might still consider the offer as he is stupid.

1:12 PM, January 18, 2007  
Blogger WannaSell said...

if you know the builder "richvr" or "Rich V.R." you know there are some doozies out there. Some ghastly end results. That they'd have a 3yo vacancy isn't a huge surprise

2:47 PM, January 18, 2007  
Blogger wannabuy said...

Then I think, this is an idiot I can exploit by offering the 2004 price MINUS the IRS schedule depreciation and he might still consider the offer as he is stupid.

Rotfl

But might you not get it cheaper by waiting six months? ;)

This is interesting. Has anyone else had problems blogging today (not comments, blogging on blogger)? My point? I think we're starting to transition from Denial to Fear. :)

Have a great weekend,
Neil

7:13 PM, January 18, 2007  
Blogger bearmaster said...

Here's another one:

This home is back on the market. Buyer failed to qualify so this is your time and opportunity to purchase this home. Well layed out four bedroom home with many upgrades. Copper plumbing, newer roof, forced air heating, new double paned windows, new hardscape, block wall, remodeled kitchen, two car garage side by side. This is a very desirable street towards the end of the block. Newer construction everywhere because people want to live here. Fourth of july block party, walking distance to award winning elementary schools. Long driveway perfect for parking lots of cars or rv behind the gate.

7:41 PM, January 18, 2007  

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