usctrojancpa
Well-known member
Cares said:
I also showed Cliffwood to one of my buyers and after seeing it decided that it needed way too much work (location was good though). Not heartbroken to see go into escrow.
Where the market is - Buyer Offers
- Thread starter usctrojancpa
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NEW -> Contingent Buyer Assistance Program
I also showed Cliffwood to one of my buyers and after seeing it decided that it needed way too much work (location was good though). Not heartbroken to see go into escrow.
I give them the same recommended bid range even if I have more than one buyer on the same home (x = minimum amount to have a change to y = top of the board and I'd don't advise going above this amount because it's an aggressive bid). Luckily, I've only encountered that a handful of times the past 9 months.
The stove in directly in front of not 1, but 2 kitchen faucets. Definitely a no go.
Yea for Cliffwood I don't think it was worth much more than asking price due to the amount of work needed. We offered slightly above it. Counters came back at $1.05M or best offer. We declined to respond.
Cabinets off the hinges. All the flooring upstairs needed replacing. Bathrooms were in poor condition. For some reason none of the window screens were sized improperly that they were all taped onto the window with a 1 inch gap. I'm sure a proper inspection would find way more problems too seeing the care and condition the previous owners kept it in.
Continuing this topic about OC prices being up or not:
https://www.foxla.com/news/median-house-prices-surge-across-california-surpass-800000-statewide
"Orange County saw its median home price increase to $1,100,000 in April from $1,025,000 in March. It was $861,000 in April 2020."
Wonder if Liar Loan will be able to find an saying that prices are down or flat? haha
No luck on 80 Hazelton, submitted an initial offer of $1,701,000 no appraisal and loan contingency while removing all contingencies in 10 days. Seller responded with a multiple counter to 5 total buyer asking for a price of $1,706,000 and my buyer responded with a price of $1,710,100 but I guess that was not high enough.
Even worse on 59 Gray Dove, submitted an initial offer of $1,801,000 no appraisal and loan contingency while removing all contingencies in 10 days. Didn't even get a counter and it just went straight into escrow.
Haha made an offer on Church as well.
Also offered these:https://www.redfin.com/CA/Irvine/132-Firefly-92618/home/112729429
https://www.redfin.com/CA/Irvine/23-Shellbark-92618/home/39976841
https://www.redfin.com/CA/Tustin/2604-Brand-Dr-92782/home/4774435
That is brutal competition.
Brutal is an understatement. Extremely tough for buyers, even if you're all-cash.
They are playing games and my buyer is over it so we've moved on. If they think they'll get $1.75m they are smoking crack, the home needs upgrading.
Just got the email from the listing agent on Church...no counter even though my client offered $1.025m. Did your buyer get it?
I also showed Cliffwood to one of my buyers and after seeing it decided that it needed way too much work (location was good though). Not heartbroken to see go into escrow.
woodburyowner
Well-known member
Here's an interesting question for the agents in this thread. How do you handle the situation where you have multiple buyers interested in the same property?
usctrojancpa
Well-known member
woodburyowner said:
I give them the same recommended bid range even if I have more than one buyer on the same home (x = minimum amount to have a change to y = top of the board and I'd don't advise going above this amount because it's an aggressive bid). Luckily, I've only encountered that a handful of times the past 9 months.
woodburyowner
Well-known member
freedomcm said:
The stove in directly in front of not 1, but 2 kitchen faucets. Definitely a no go.
USCTrojanCPA said:
Yea for Cliffwood I don't think it was worth much more than asking price due to the amount of work needed. We offered slightly above it. Counters came back at $1.05M or best offer. We declined to respond.
Cabinets off the hinges. All the flooring upstairs needed replacing. Bathrooms were in poor condition. For some reason none of the window screens were sized improperly that they were all taped onto the window with a 1 inch gap. I'm sure a proper inspection would find way more problems too seeing the care and condition the previous owners kept it in.
USCTrojanCPA said:
Continuing this topic about OC prices being up or not:
https://www.foxla.com/news/median-house-prices-surge-across-california-surpass-800000-statewide
"Orange County saw its median home price increase to $1,100,000 in April from $1,025,000 in March. It was $861,000 in April 2020."
usctrojancpa
Well-known member
Cares said:
Wonder if Liar Loan will be able to find an saying that prices are down or flat? haha
usctrojancpa
Well-known member
USCTrojanCPA said:
No luck on 80 Hazelton, submitted an initial offer of $1,701,000 no appraisal and loan contingency while removing all contingencies in 10 days. Seller responded with a multiple counter to 5 total buyer asking for a price of $1,706,000 and my buyer responded with a price of $1,710,100 but I guess that was not high enough.
Even worse on 59 Gray Dove, submitted an initial offer of $1,801,000 no appraisal and loan contingency while removing all contingencies in 10 days. Didn't even get a counter and it just went straight into escrow.
usctrojancpa
Well-known member
Made an offer on these 2 homes for 2 of my buyers the past few days....
https://www.redfin.com/CA/Irvine/165-Church-Pl-92602/home/4793123
https://www.redfin.com/CA/Yorba-Linda/17091-Regulus-Dr-92886/home/4172607
https://www.redfin.com/CA/Irvine/165-Church-Pl-92602/home/4793123
https://www.redfin.com/CA/Yorba-Linda/17091-Regulus-Dr-92886/home/4172607
USCTrojanCPA said:
Haha made an offer on Church as well.
Also offered these:https://www.redfin.com/CA/Irvine/132-Firefly-92618/home/112729429
https://www.redfin.com/CA/Irvine/23-Shellbark-92618/home/39976841
https://www.redfin.com/CA/Tustin/2604-Brand-Dr-92782/home/4774435
talkirvine
Member
Cares said:
That is brutal competition.
potsticker
Active member
talkirvine said:
Brutal is an understatement. Extremely tough for buyers, even if you're all-cash.
usctrojancpa
Well-known member
Cares said:
They are playing games and my buyer is over it so we've moved on. If they think they'll get $1.75m they are smoking crack, the home needs upgrading.
I saw that house for sell in 2018 asking for 1.7M, thought the seller was crazy back then..
What's the deal with Gazebo? My buyers wanted to make an offer but they told me off the bat they aren't looking at offers under $1.75M. But they still aren't in escrow yet.
[/quote]
They are playing games and my buyer is over it so we've moved on. If they think they'll get $1.75m they are smoking crack, the home needs upgrading.
[/quote]
What's the deal with Gazebo? My buyers wanted to make an offer but they told me off the bat they aren't looking at offers under $1.75M. But they still aren't in escrow yet.
[/quote]
They are playing games and my buyer is over it so we've moved on. If they think they'll get $1.75m they are smoking crack, the home needs upgrading.
[/quote]
usctrojancpa
Well-known member
Cares said:
Just got the email from the listing agent on Church...no counter even though my client offered $1.025m. Did your buyer get it?