450,000 for this home 1126 N Cherry wy anaheim ca 92801 is a good price

Asked by srivers283, Anaheim, CA Thu Feb 20, 2014

This question was asked from http://www.trulia.com/homes/California/Anaheim/sold/5135176-…

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Research, Home Buyer, Chino Hills, CA
Sun Apr 20, 2014
This is better example:

215 East WILHELMINA Street Anaheim, CA 92805
Sold for 162,000 in 2001, foreclosed in 2013 for 423,000 which added 0 value to the house.
Listed for 280,000.

In other words, the "owner" took bunch of loans on a small, cheap house and the banks want the money from the new buyer since the owner is not giving any, regardless the fact the the house is worse off, substantially, than it was in 2001.

Poorest areas have the highest price growth in percentage.. The areas are not getting any better.
0 votes
Research, Home Buyer, Chino Hills, CA
Sun Apr 20, 2014
You do know that Anaheim is one of the poorest cities in the nation, right?

That half a million is what about 20 families live on for a year in Anaheim?

That is crime high- gang high area?

well, then how is that a good price?
0 votes
Nick White, Agent, Fountain Valley, CA
Fri Feb 21, 2014
Call me 714-608-1009
I would love to help you analyze your future purchase and help you find a good deal. Are you looking to purchase this home or view it?
Nick
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