Thursday, October 11, 2007

They're ba-ack!

Remember 2638 32nd, the 2 bed / 1 bath house asking $829K in June? I wondered why it stayed as "Looking for Backup" over three months. It's available again:

"BACK ON MARKET - BUYER COULDN'T CLOSE. CALL LISTING AGENT FOR SHOWING INSTRUCTIONS". LAND VALUE, REMODEL, OR FIXER. NO SIGN ON PROPERTY. DO NOT DISTURB OCCUPANT. AS IS. SELLER MAKES NO WARRANTIES AND WILL PERFORM NO INSPECTIONS OR REPAIRS. MOTIVATED SELLER. INSIDE W/ACCEPTED OFFER ONLY...."

Another back-on-market is 2162 San Vicente, listed 9/7 for $1,895K, and went to "Looking for Backup" status really fast on 9/11. Off the market about 9/13, it was back as "Looking for Backup" on 9/29, had a price increase to $1,980K posted on 10/9, and returned to Active 10/10.

My guess is it went to escrow above the original asking price ($1,980K?), but the escrow got shaky (didn't resolve contingencies) and they're back looking for another offer at the higher price. They may not get one, though. (Thanks, Frank.)

7 comments:

Anonymous said...

Inside with accepted offer only? Does that mean you can't even look at the inside of the property until you've made an offer? Is it me, or is that absurd? Obviously this is no gem, but still.

Anonymous said...

Someone please define for me the term "motivated". By the definition I was using, this seller seems decidedly UNmotivated.

No inspections, no warranties, only get to peek inside AFTER I agree to pay a price acceptable to them.

To be serious, it sounds like there is currently rented and some of the stips are to leave the tenant undisturbed. But listings like this always amuse me. You're supposed to make the property more desirable in the comments, not less.

H7 said...

what's with the trash can barricade on the driveway?

Anonymous said...

Great trash can barricade comment h7 - perhaps that is to make sure the tenants who are late on thier rent don't escape. Any other suggestions on the great trash can blockade would be appreciated. I just line mine up on the side of the house...am I missing some other use for them? Please help.

Anonymous said...

Obviously the person living in the house is a Democrat and is lining up the can to provide easier access to the homeless. See, Dems do care.

Anonymous said...

As I currently live in a very similar house, the trash cans are behind the car parked in the driveway. The drive is too narrow to line the trash cans up along the side if there is a car in the drive. It's only about 93" from the corner of the house to the fence on the other side

H7 said...

I see. it's so the cars don't escape.