How much do you think I can buy Dennis Green's house for?  If he's smart its on the market.?
969237
That is hilarious, good question.  I would venture to say whatever it appraises for, or even better, low-ball him and see if you can land it cheap.  Funny.
1017171
You need to get hold of an agent in the area.  The title company will not just give anyone that information.  I also live in S.D., if you need to get pointed in the right direction email me:  kevin_canter@sbcglobal.net
972496
Read books on the subject at the local Barnes and Nobel. Also, check out this website: www.reiclub.com.\n\nDon't listen to anyone who says it can't be done in this market. In fact, if you find a good deal in San Diego and tie up the property, I'll buy it from you. \n\nRegards
586200
What are you zoned for?\n\nI can use teh real-world example of my mon's house.  We're selling her house in New York City so we can move her out here by us in New Jersey.  Upon doing our due dilligence, we were pleasantly surprised to find she was a C-3, which meant it could be listed as a commercial.\n\nAs a residential, the best she could have hoped for was $325-350,000, based on the comparable listings in the neighborhood.  We wound up getting $450,000 from a commercial buyer.\n\nSpeaks for itself!\n\nHope this helps!\n--J.
600947
Living in Los Angeles, for a very long time now, I don't think the price will tank as yet. But we could be on the edge of slow down of price increases.\nThere is also a huge project in the planning stages for Grand Avenue. Not sure if it has been okayed as yet, but that sure to increase property values.\nIf you can swing the mortgage, which by the way, seems awfully high.\nIf you are just looking for a home, there are many other areas in Los Angeles, where you can buy a three bedroom home for much less than 1.2 Million.\nBut it may not have the cache of a downtown Condo.\nAnother thing to consider, is as of yet, downtown, lacks a lot of the amenities, that other areas around the city enjoy.\nNot all that many Supermarkets etc. \nBut if you are looking it as an investment, it could be a good deal. Not sure the price run-up, will be as fast, as in the past few years.\nDo more research first.
1016642
Well written article.  \n\nHaving just sold a home in the town immediately north of Port Charlotte, I can tell you that the market there has gone flat.  We were able to sell because we put a realistic price on our house.  The 1/2 dozen others on OUR STREET that were for sale when we put ours on the market remain on the market today.\n\nThe woods across the street from our old house are being turned into homes that are selling for upwards of $500,000.  Mind you, the same builder was selling the same houses in another development 2 years ago for 1/3 of the price.  I wish the new owners luck in being able to afford homeowners & flood insurance.\n\nAll over the area in Sarasota & Manatee counties the market has gone flat.  Too many people trying to cash in on the post hurricane demand for existing homes.  Made everyone's property taxes go through the roof.\n\nWe moved out of Florida, to a part of the country where you can still afford to live.
1028159
Unfortunately POP is looking at a blogger from San Francisco. In the Phoenix area we are seeing an influx of around 500 families per month.  What we are experiencing is a market correction.  Yes, prices have increased at an alarming rate over the last couple of years, and yes there are many people who have taken out adjustable rate mortgages, but we shall see what we shall see.\n\nWhat I can tell you for sure is that as of this very second there are 42,728 active listings in the Arizona Regional Multiple Listing Service.  Which is about a tenfold increase from two years ago but the average price on a 3 bed 2 bath home in the active listings is $459,614 with an average of 75 days on the market. So the bottom hasn’t fallen out yet.  I think that prices may continue to drop as the temperature goes up. \n\nOverall I think the best advice that I can give you is don’t panic.
403886
Time to think of other areas to consider...If you can afford it! It is a buyers market right now in the south east and soon the bubble will burst. So now is the best time to buy!
1056541
Not sure, but............\n\nKeep in mind...........\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nhttp://sandiegofsbo.blogspot.com\nhttp://www.brokerforyou.com/blogger/index.html\nhttp://www.brokerforyou.com\nhttp://www.san-diego-for-sale-by-owner.com\nhttp://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us\nhttp://www.la-jolla-real-estate.info\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com\nhttp://www.poway-real-estate.info\nhttp://www.del-mar-real-estate.info\nhttp://www.la-jolla-real-estate.info\nhttp://www.los-angeles-real-estate-brokers.com\nhttp://www.san-jose-real-estate-brokers.com\nhttp://www.orange-county-real-estate-brokers.com\nhttp://www.san-francisco-real-estate-brokers.com\nhttp://www.sacramento-real-estate-broker.com
741976
Depends - what's it worth to you?  Good Luck!!!
1356
I live in sonoma county (north of SF) and houses arn't selling as fast as i saw them go a few years ago. So I would say go for it.
274362
Check with your local realty office. It all depends in where you live. Where I am house prices have gone through the roof.
1046285
If the contract shows in writing that he is buying it for 2.4M and the appraisal show the same, messing with legalities with the sellers and their not wanting the full amount mentioned.....it is a messy legal problem.  If it is in writing for 2.4 then 2.4 it will be, not 1.3M, who cares?  Not the bank, not the buyer if the seller is willing to sell for 1.3M.  Then 1.3M should be on the contract not 2.4M   You can't put anything on paper where it shows over and above what both the buyer and seller are going to want to settle for.  It sounds real messy to me. Could have some problems down the road if anything goes wrong.  Who knows WHAT might go wrong but there is nearly 1M at stake here!  I'd try hard to not fudge with the paperwork it could fall back on you too!  And who is this "buddy" to say what he should or shouldn't do when there is a million dollars at stake.  I'm sure if the buddy was in his shoes he'd be wary too.  Check it all out OK?  Don't jump into anything, it seems everyone is wheeling and dealing "off the books" and that is crazy-a million dollars difference? I wouldn't get involved even if it might mean a nice commission.  Are you working for yourself or a Real Estate company.  Will the Real Estate Company want this type of activity going on in all the paperwork? I doubt it, sorry.
250071
Call a real estate agent in the area.  They can do a CMA (Comparative Market Analysis) which should give you a pretty decent idea of property values there.
207850
Go Ebay and search in for his items to give you a general idea of his value.
1011680
Keep in mind...........\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nhttp://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm\nhttp://www.brokerforyou.com\nhttp://www.san-diego-for-sale-by-owner.com\nhttp://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us\nhttp://www.brokerforyou.com/blogger/index.html\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com
38166
I am sure you could get a lot for it. You can check auctions that have already completed by going to Advanced Search and putting in the keywords. That would give you an idea. Also, place a reserve price to prevent it for going too low. Set the reserve at the lowest price you would be willing to sell it for. So if it does not get bid up that high, you are not obligated to sell it.