tag:blogger.com,1999:blog-3329419642567789295.post2879394598592767473..comments2023-10-30T06:49:13.259-07:00Comments on Larry Roberts real estate writing blog: Finally, a home we can all affordLarry Robertshttp://www.blogger.com/profile/07551274023310137270noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3329419642567789295.post-26364733889302435782007-12-17T11:39:00.000-08:002007-12-17T11:39:00.000-08:00The premium is added to whatever the high bid amou...The premium is added to whatever the high bid amount is. The bidding looks like it is going to start at 100k. What ever the high bid amount is plus the 10% is the sales price.BrianHhttps://www.blogger.com/profile/02727276079048498410noreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-45987402509623588772007-12-17T10:11:00.000-08:002007-12-17T10:11:00.000-08:0010% buyers premium is a lot. Does the buyers premi...10% buyers premium is a lot. Does the buyers premium get added to the listed sales price. Or is it the bid price that goes down as the sales price? anyone know?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-70541917086541818772007-12-17T09:34:00.000-08:002007-12-17T09:34:00.000-08:00There is 490k worth of mortgages on this property....There is 490k worth of mortgages on this property. Elsinore is my home and my farm area. That house would sell in the 275 area.<BR/><BR/>The private remarks in the MLS say this will sell at an auction with an opening bid of 100k. It doesn't say when or where the auction is. The buyers premium is 10% on top of the high bid.<BR/><BR/>AS for the comps posted, the only relevant comp is Biarritz or the REO sold last month on Etinine for 265k which isn't listed. Etinine is a little bit smaller size and a little smaller yard however is in a slightly better street/area. Washington Street is very close to Ralph, Terra Cota, Torn Ranch and such which have older, smaller homes that have some rough looking houses and lots of rentals. For the misfits in the Ralph/Terra Cota areas Biaritz and Etinine are a walk they probably wouldn't make.BrianHhttps://www.blogger.com/profile/02727276079048498410noreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-12446143294142708212007-12-16T16:14:00.000-08:002007-12-16T16:14:00.000-08:00Doesn't seem logical. Fair value is probably aroun...Doesn't seem logical. Fair value is probably around $250-300K, maybe.<BR/><BR/>(809 Solano looks suspicious)<BR/><BR/>Sale History <BR/>02/17/2006: $490,000 <BR/>10/16/1997: $153,000 <BR/><BR/>Some comps from Zillow:<BR/><BR/>Sold 10/31/2007:<B> $275,000</B> <BR/>15166 Biarritz St<BR/><BR/>Sold 01/19/2007: $420,000 <BR/>15209 Lamplighter Ct <BR/><BR/>Sold 02/17/2006: $490,000 <BR/>253 S Pennsylvania St <BR/><BR/>Sold 01/26/2007: $423,000 <BR/>29276 Northpointe St <BR/><BR/>Sold 09/11/2007: $470,000 <BR/>809 Solano Ct <BR/><BR/>Sold 01/30/2007: $470,000 <BR/>228 S Torn Ranch RdAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-52134937059153740002007-12-16T16:06:00.000-08:002007-12-16T16:06:00.000-08:00More likely that the guy left a 0 off of the price...More likely that the guy left a 0 off of the price and he thinks it's now worth $1 million.Anonymousnoreply@blogger.com