06-20-2013, 07:29 PM
Location: Here and there, you decide.
12,908 posts, read
28,050,650 times
Reputation: 5057
A home was listed last weekend on my street for 234k Short Sale with the clause that new owner would lease back the property to the owners in it now for 1700. per month for 2 years... Never thought they would get a bite... realtor.com shows contingent offer. according to the listing, the price was approved by the bank.... lot of money to get 1700 per month back.. especially since we don't know what the home will be worth in 2 yrs... for both parties.... My crystal ball is saying in 2yrs 360k... Homes in the development were selling 500+ in 2005. It's not a huge home either... 2900sf with a very weird design and small pool... normal entrance, and stairs to upstairs entrance.... 2 car garage with a 1 car wide driveway until just in front of the garage.. Can't wait to see what it sold for... I guess the interesting thing is not many homes for sale here..
06-20-2013, 08:05 PM
Location: ( ͡° ͜ʖ ͡°) (╯°□°）╯︵ ┻━┻ ̡
7,112 posts, read
13,181,420 times
Reputation: 3900
Yes, that does sound a little abnormal. I'm keeping tabs on some properties for sale and for rent in my neighborhood also.
Off the wall question...
Has anyone out there used the "make me move" feature on Zillow? One of my co-workers said he was messing around on the site. He set the "make me move" price to an unbelievable amount. His home isn't officially listed but RE agents are contacting him about potential buyers.
Just did some research...
(╯°□°）╯ ︵ ┻━┻
06-20-2013, 09:47 PM
1,374 posts, read
2,441,381 times
Reputation: 789
$1700 monthly rent for 2 years is a very good return if the buyer pays $234K for the property.
06-20-2013, 10:23 PM
2,928 posts, read
3,563,870 times
Reputation: 1882
What's so crazy about it? Sounds like a good opportunity for an investor.
06-20-2013, 10:51 PM
73 posts, read
104,057 times
Reputation: 68
We listed our home at $138/sqft. We know this is high, but we are in no hurry to move and just seeing if we can sell now to leave town. Single story on 0.25 acre lot. Lots of interest, we have had 9 showings in a week but no offers yet (priced too high). If it sells, we pack up and leave. If it doesn't, we still have a great home that we love with an affordable mortgage. I'm curious to see what happens...
06-20-2013, 11:11 PM
6,386 posts, read
11,914,885 times
Reputation: 6891
Quote:
Originally Posted by
SGtoLV
We listed our home at $138/sqft. We know this is high, but we are in no hurry to move and just seeing if we can sell now to leave town. Single story on 0.25 acre lot. Lots of interest, we have had 9 showings in a week but no offers yet (priced too high). If it sells, we pack up and leave. If it doesn't, we still have a great home that we love with an affordable mortgage. I'm curious to see what happens...
More "inventory" will start probing the market like you have and eventually some people will bite at the higher prices. But your success, if indeed it sells, will eventually draw in new inventory and the end of the "oh my god there is nothing to buy" mania will come. The real problem you are facing is a cash buyer won't be attracted to your property in the first place and a financed buyer probably has zero chance of getting an appraisal anywhere near your price so there is just no way an offer close to your list price can be made.
06-20-2013, 11:31 PM
92 posts, read
114,948 times
Reputation: 72
Quote:
Originally Posted by
SGtoLV
We listed our home at $138/sqft. We know this is high, but we are in no hurry to move and just seeing if we can sell now to leave town. Single story on 0.25 acre lot. Lots of interest, we have had 9 showings in a week but no offers yet (priced too high). If it sells, we pack up and leave. If it doesn't, we still have a great home that we love with an affordable mortgage. I'm curious to see what happens...
I wouldn't advise my worst enemy to buy your overpriced house.
Clearly some of you are using this momentum to unload on some poor sool and bail out of Las Vegas.
Some things never change here.
06-20-2013, 11:34 PM
3,598 posts, read
4,958,653 times
Reputation: 3169
Quote:
Originally Posted by
Kevin_nlv
I wouldn't advise my worst enemy to buy your overpriced house.
In other words, you're complimenting SGtoLV for being financially smart. That's so nice of you!
06-21-2013, 07:29 AM
73 posts, read
104,057 times
Reputation: 68
Quote:
Originally Posted by
Kevin_nlv
I wouldn't advise my worst enemy to buy your overpriced house.
We're asking high $200's. A house with the same floor plan in the neighborhood went under contract a few weeks ago at $309 and is pending. I know this hasn't closed yet and for all I know it could be under contract at $250. If it closes anywhere near $300 appraisals in the neighborhood will be up. Another one is pending for $295,000 at around $130-135/sqft. Mine is overpriced but maybe not too far away. I am expecting a lower than list offer which we will most likely take. Just trying to offset the broker commission a little. Also, no one is forced to buy my home. It's listed. If one feels it's too high, don't even bother coming to look. No showings=message loud and clear to me. However, 9 showings in 1 week may not be so bad. Maybe it is though...
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Occupied housing units (%)
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Median number of rooms in houses and condos
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Urban houses (%)
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Geographical mobility - Same house 1 year ago (%)
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Housing units in structures - 1, detached (%)
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Means of transportation to work - Drove car alone (%)
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Industry diversity
Most Common Industries - Agriculture, forestry, fishing and hunting, and mining (%)
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People in Group quarters - On base (%)
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People in Group quarters - Transient quarters for temporary residents (%)
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Residents speaking English at home (%)
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Class of Workers - Local government workers (%)
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Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
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House heating fuel used in houses and condos - Electricity (%)
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House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
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House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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