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To: WalterSobchak2012
I am a broker in California and Nevada and know San Diego quite well.
First of all, you must have set your price point quite low to look at that many homes. Also why did your agent show them to you? Did he review them beforehand and eliminate the truly obscene ones first or let you know what you were going to see?

Building in San Diego is not easy. The cost and time getting permits is not owner friendly.

I also do price consulting for lender and know the market from a value point, you have a price point too low for the market

41 posted on 05/29/2011 7:55:32 PM PDT by Kozy (Calling Al Gore)
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To: Kozy

We are moving to San Diego because I have a business opportunity there, my wife however is retired as of July 1st. She wanted to look at foreclosures because she thought a fixer-upper might keep her occupied. We are going to take another look at 3 and 5 with a friend of the family who is a contractor. We really liked 5 since I want to bring my son out here and the basement suite would give him some privacy.

We also have a mortgage mess at home thanks to the incompetence of a mortgage servicer that is likely to require a quiet title action. So buying something with cash on hand is also appealing at the moment.

Would building over the line in southern Riverside or Orange be substantially easier?


46 posted on 05/29/2011 8:54:46 PM PDT by WalterSobchak2012
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