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LONG BEACH USED TO BE THE "AFFORDABLE" ALTERNATIVE TO OC AND LA, BUT AN INFORMATIONAL AND PSYCHOLOGICAL BARRIER IS PREVENTING LB FROM ACKNOWLEDGING THE SEVERITY OF THE ENSUING HOUSING CRASH, AS LONG BEACH REAL ESTATE PRICES NOW SURPASS THE OC IN MANY CASES. I CHALLENGE THE CONVENTIONAL WISDOM OF COMMISSION-HEADS WHO CLAIM "NOW IS A GREAT TIME TO BUY," AND I WANT TO HELP BUYERS ENSURE THEIR LARGEST SINGLE INVESTMENT IS A SOUND ONE.
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- el bee
- OC/LA, California, United States
- Long Beach Housing Blog (aka RE in the LBC). reinthelbc [at] yahoo [dot] com.
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No way this thing got an appraisal anywhere close to asking....is there?
ReplyDeleteAnything can happen in Wrong Beach these days.
ReplyDeleteBut I very seriously doubt it was appraised at that price.
30 days until this is back to "Active"? Or will it be mysteriously taken off the market for a while....
ReplyDeleteThis has to be an offer from a knife catcher who thinks it is worth $400 -$426. The ONLY I think closes anywhere near $400 is if it an ALL CASH offer AND the bank accepts. That way, no appraisers are needed!!!
Carl,
ReplyDeleteGreat point--could be an all-cash offer. But I doubt it. It'll be back on the market in no time.
wow. I just re-read my penultimate sentence, and I love it when I leave words out. I wish Firefox had a grammar checker.
ReplyDeleteIgnorance is indeed bliss. Sometimes I wish that I was as completely clueless as some of the folks that buy these homes and just go on about their lives without a care in the world. They dine out at La Creperie or Naples Sushi and are completely oblivious to the absolute madness going on around them. Is pure stupidity and cluelessness the answer to happiness? I wonder.
ReplyDelete