Wednesday, February 27, 2008
This weeks Delusional Seller Award
This weeks Delusional Seller Award goes to this fella at 3237 Clearing CRK Corona
This home has been listed for 337 days and the guys has not dropped the price one dollar. The market has fallen 30% in that year yet he remains convinced someone will fall in love with his mcmansion and write him a check for $1,035,000 (what's with the $35K?). The listing says this house was built in 2007 and does not have a prior sales price. These homes were built in 2005 and sold new in the $800s.
I will also give the realtard an honorable mention for this retarded description.
Beautiful Luxury 4,000 sq' Hilltop Estate on quiet CDS w/ Stunning Panoramic Views! 5Bd 4Bth, Xpd 4Car Gar w/ Casita. Huge White Island Kitchen SS appl, Ital Travertine, Huge Bonus Rm, Family Rm, Office/French Doors, Cstm Paint t/o. Large Veranda w/ Outdoor Fireplace, Balcony. Private Blk Fence 10,552 sq' lot. Stunning Mtn Views/City Lights. Seller assist w/ closing, landscape credit.
OK, what is with all the abbreviations? Does the MLS charge by the letter? Seller will assist with closing. By assist I hope he means he will bring a check for $500k. You also get a landscape credit which must mean the back yard is still dirt. Can't tell since there is only one pic (again, do they get charged extra for more than one pic?)
Just how delusional is this seller? There are currently 5 homes for sale on Clearing Crk. 2 are under $500k, one is $570k and one is $660k. They are all about the same age and size.
There is one exact model match very close to our dreamer at 3255 Clearing Crk. The house is a 5 bed/4 bath with 3949 sq/ft of living area. This home is a bank owned property that just hit the market. The asking price is $475k! That's not a bad price for this home. It's in a good area and it's a nice house. $120 s/f is the lowest price in the immediate area so this actually has a chance of selling.
That makes this home less that 1/2 the price of Mr. Wishingprice's. $560k less!