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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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Not much margin on the house, I just want to sell it. The real estate people gave me the opening price, now its my price and the buyer can pay
commission if they want to use an agent.
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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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The house is finished and open to offers. TrvLnTom@aol.com photos at
www.mybaja1000.com/house.htm
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flyfishinPam
Super Nomad
Posts: 1727
Registered: 8-20-2003
Location: Loreto, BCS
Member Is Offline
Mood: gone fishin'
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on 8-21-2007 the price was $410K
on 1-23-2008 the price was $375K
last time I walked by the sign said $299K
what is the price now?
the real estate people gave you the opening price of $410K? wow what would their commission have been if it had sold? this is blatant abuse by the
RE agents here (and all over the peninsula) and reason why RE prices had become overinflated here.
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rhintransit
Super Nomad
Posts: 1588
Registered: 9-4-2006
Location: Loreto
Member Is Offline
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sign now says 'make offer'
reality\'s never been of much use out here...
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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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I've been offered a lot of different stuff...... 
My taste in baja cars and fishing tackle are more elaborate than the offers received..... 
So; to clarify  CASH OFFERS ONLY
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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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There has recently been a lot of interested people. The offer price is at 225 now. It's a great location for a home/business or just a home, or
just a business.
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thebajarunner
Ultra Nomad
Posts: 3718
Registered: 9-8-2003
Location: Arizona....."Free at last from crumbling Cali
Member Is Offline
Mood: muy amable
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I feel your pain
| Quote: | Originally posted by bajabird
There has recently been a lot of interested people. The offer price is at 225 now. It's a great location for a home/business or just a home, or
just a business. |
Being a California real estate developer (perhaps that is past tense) I know the pain of this steep decline in market.
Good friend of mine built a gorgeous spec house on five acres not far from my home, put about $1.5 m into it, and listed at $2.1m.
This was two years ago.
Bank sold it this week for $750k.
OUCH!!!
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flyfishinPam
Super Nomad
Posts: 1727
Registered: 8-20-2003
Location: Loreto, BCS
Member Is Offline
Mood: gone fishin'
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| Quote: | Originally posted by bajabird
There has recently been a lot of interested people. |
so you're just hoping to find the right one here? 
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Marla Daily
Nomad
Posts: 418
Registered: 9-2-2003
Location: Loreto, BCS
Member Is Offline
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Prices have dropped in Loreto. A Canadian couple just paid American owners $150,000 cash for a lovely gringo house, completely furnished, very close
to the beach/ Calle Davis with a Fideicomiso already established. (To transfer one is much cheaper than initiating a new one).
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rogerj1
Nomad
Posts: 265
Registered: 4-29-2004
Location: Gig Harbor, WA
Member Is Offline
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The link doesn't work. Can we see pictures?
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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
Member Is Offline
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| Quote: | Originally posted by rogerj1
The link doesn't work. Can we see pictures? |
Worked fine for me.
I think the world is run by C- students.
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MitchMan
Super Nomad
Posts: 1856
Registered: 3-9-2009
Member Is Offline
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Question, what possessed you to invest in the building a house of such magnitude in the worst Loreto real estate market in the last 15 years with one
of the most expensive Loreto contractors? Very curious.
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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
Member Is Offline
Mood: mellow
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Smileys tell more than words!!!!!!!!!!!!
Sometimes.
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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BajaNuts
Super Nomad
Posts: 1085
Registered: 5-11-2008
Location: eastern WA, the DRY side
Member Is Offline
Mood: no worry, no hurry....it's all good!
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mitchman, did you notice the date on the first post?
He probably started the project 3 years ago. Market was good then.
[Edited on 7-2-2009 by BajaNuts]
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jimgrms
Senior Nomad
Posts: 664
Registered: 9-30-2005
Location: oceanside ca
Member Is Offline
Mood: its always good
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Will you take state of calif iou's
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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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| Quote: | Originally posted by jimgrms
Will you take state of calif iou's |
of course....
On the bright side... There has been more interest during the last month than in the past year+. I think it will be sold soon
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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| Quote: | Originally posted by bajabird
On the bright side... There has been more interest during the last month than in the past year+. I think it will be sold soon |
There you go.
You're not a member of the Optimist Club for nothing.
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bajabird
Nomad
Posts: 205
Registered: 12-22-2004
Location: LA & BCS
Member Is Offline
Mood: Always happy
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It's still new, and still for sale
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
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Current realistic offering price?
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