Oc Buyer

You're kidding right? The days of illiterates being loan officers ended two years ago. - Thu Sep 17 2009, 18:48

There have been sales in this range over in the southwest area. I think they were all REO's or short sales. You won't find an SFR on the east side or in mesa verde. A few more REO's came on the market this week. - Wed Jul 22 2009, 07:56

Three zip codes in CM? I know of 92626 and 92627. There is a NB zip that seems like it should be in CM, but it is still technically a NB zip. Which one am I missing? - Mon Jul 13 2009, 19:04

I'm not a realtor, but I do live in CM and know most of the neighborhoods. What do you mean by good? Also, what kind of price range for an SFR? There is a pretty big variance in SFR prices because of the diversity of the neighborhoods. - Mon Jul 13 2009, 09:36

I don't understand how your logic works. You buy an investment property, but the rent is not enough to cover the costs, so you have to short sell? Didn't you know what the rental value was BEFORE you went into a contract with the bank for the loan? You don't have to short sell. You are choosing to try and have the bank take a loss that is a result of your decisions. If you have other assets, then you should step up and take responsibility instead of trying to get the bank to absorb as much of the loss as you can get away with. - Sun Jul 19 2009, 09:26