clairejacobs…, Both Buyer and Seller in Huntington Beach, CA

How low can the house go?

Asked by clairejacobs0812, Huntington Beach, CA Sun Aug 4, 2013

I use! It's totally dreamy but the price is a slap in the face! How low do you think it could sell for? Also, please send comparable listings!

Thank You,
Claire

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This question was asked from this property: http://www.trulia.com/property/3115640854-17412-Whetmore-Ln-…

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9
BEST ANSWER
Hi Claire,

While the home does seem to be priced a bit high for the neighborhood, it's hard to know what a seller will accept without making an offer. The home has been on the market for over 3 months with only one slight price reduction of $5000. It's a good sign the seller is not highly motivated.

There is also a 4bd/2.75ba home on the same street currently on the market:

http://www.homesinocandla.com/listing/mlsid/301/propertyid/O…

It was originally listed at $799K, but was recently reduced to $749K. It has also been upgraded and has a pool.

If you're interested in getting listings directly from the MLS emailed to you, I'd be happy to set that up.

Best,

Joe Van Fossen
Keller Williams Realty
(714) 584-7154
joe.vanfossen@gmail.com
0 votes Thank Flag Link Sun Aug 4, 2013
Well,

I'm happy to report that 17412 has just closed escrow today at $830,000. This represents about $377 per Sq. Ft. in sales price. This should make the neighbors happy! This was a spectacular property in pristine condition. We found just the right buyers that appreciated all the ammenities this home had to offer. If you need assistance in selling your home, please don't hesitate to contact me.

Best regards,

Jack

Jack Dudenhoeffer, Broker
Real Estate since 1978
0 votes Thank Flag Link Fri Oct 25, 2013
Dear Claire,

Sellers can ask whatever price they want, but the buyers will have their say, in the form of offered prices. In a nutshell, whatever the market will bear, is how much it will sell for, assuming that the seller is truly intent on selling.

In a case such as this, it's critical to have an agent working for you who's an expert negotiator. If your agent is not a trained negotiator, please contact me and I'll be happy to assist you in your purchase. As I'm also a mortgage broker, in addition to being a Realtor, I can also help you with your financing, if you're not paying cash.

Sincerely,

James Melton, top 5% of all Realtors (source Trulia 2013)
Realtor & Mortgage Broker, CA DRE Broker #01222353, NMLS #300133
President, Victory Mortgage & Real Estate Home Loans & Sales Since 1979, NMLS #366399
2901 W. PCH, Suite 200, Newport Beach, CA 92663
cell(714)318-4664, phone(949)939-9676 or (714)374-0022, fax(714)844-9094
web http://jamesmelton.listingbook.com
email jamesm@socal.rr.com
0 votes Thank Flag Link Mon Aug 5, 2013
The seller is in control of how low of an offer he wants to accept for the property. You definintely need to look at the comps, consider the upgrades, the locatation, why you want it and then make an offer. Agents can negotiate the offer, but if a seller is not motivated and is testing the market then you need to move on to another property. If you have questions call me and I would be glad to help you.

Carla Elliott
Cal-Tex Properties
714-349-2906
carla4realestate@yahoo.com
0 votes Thank Flag Link Sun Aug 4, 2013
HI Claire,

It will be up to the owner how low they will go.. You would need to make an offer to se how low the seller will go. THat is the only true way of knowing.. I can help you with some pricing and help you with the negotiations for the sale of the property..
Talk to you soon..


Ingrid Ski Realtor
949-874-0432
OCAreaHomes@gmail.com
0 votes Thank Flag Link Sun Aug 4, 2013
In this kind of market, sellers will test the market. There are significant upgrades to the property but not everyone will want all those features or pay that much for the area. I doubt the sellers will come down very much if at all, however, the negotiation always starts with an offer. You'll almost never get a seller to start negotiations until you show them that you are a real and qualified buyer.
0 votes Thank Flag Link Sun Aug 4, 2013
Hello Claire, How much you got or want to offer? Are you pre-approved with down payment and closing costs? Do you need listings emailed to you to study? Here is a need list to gather for processing a loan approval, DU Approval or pre-approval letter to get out shopping for a home of your choice. http://tinyurl.com/l9ctod4

It only takes a few dozen questions to qualify you in minutes and email you listings. Here are some links to study and consider.

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/FHA.aspx

http://www.under640ficoscoreloans.com/Pages/JumboLoan.aspx

http://www.under640ficoscoreloans.com/Pages/CHDAPLoans.aspx

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 7pm 7 days
http://youtu.be/MrygA2_8fAY

If my response was helpful, consider clicking thumbs up or BEST ANSWER!
0 votes Thank Flag Link Sun Aug 4, 2013
17412 Whetmore is a beautiful property with extensive remodeling. It has been on the market for quite a while. The sellers are probably looking for just the right buyer that appreciates and is willing to pay for the remodeling that they have done.
Inventory has been increasing in Huntington Beach lately. There is even another house on Whetmore for sale that is also very nice priced at only $749K. Give me a call if you are interested in viewing houses in Huntington. I have been an HB local for 17 years!

Amy Gillissen
AmyGillissen@gmail.com
714-230-5307

Evergreen Realty
BRE# 01752986
0 votes Thank Flag Link Sun Aug 4, 2013
The home was totally remodeled down to the studs in 2006. It's like a new home. Unfortunately, there are not any new homes in the immediate vicinity. The seller spent approximately $300,000. in upgrades and seller financing is available. Please call me if you want to discuss an offer or comparables. Thanks so much!

Best regards,

Jack

760-695-8900
0 votes Thank Flag Link Sun Aug 4, 2013
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