kaulat

In one week this turd waffle will celebrate the three-year anniversary of trying to unload his over-improved albatross. What a tit. Although at least now I see why he was so reluctant to post interior photos: Poltergeist pipe! Good luck putting up crown moulding, Chachi. And look at this sad-ass kitchen: Is this a playhouse? Where the hell do you even buy those miniature appliances? The microwave looks monstrous compared to that lil' Easy-Bake Oven below. Yes, yes, I'm sure that's a photo from the rental unit, but it's still funny looking. I mean, how much square footage are you really saving? This dumbass needs to just throw in the towel. I guess compared to the 2009 asking price of $1,295,000 , begging for $979,500 seems downright reasonable. But this price is still way out of line with reality. The thing I have never understood about these delusional sellers is how, after years on the market begging for someone to buy their property, the thought never goes throu...

Sold on 02/01/12 - $165,000 At $155 per square foot, that is less than half the original asking price. Way to hold out for top dollar! +++++++++++++++++++++++++++++++++ Since there is no new inventory to speak of, out of "Where Are They Now?" curiosity I've been revisiting past Long Beach Housing Blog properties. Although most RE in the LBC victims--ERRR... featured sellers have since pulled their properties after unsuccessfully pursuing insane wishing prices ("Well, I'm not going to just give it away! "), a few deluded soldiers continue marching on. Like this idiot: This dreadful piece of doodie is now entering its FOURTH YEAR on the market. The good news is that after more than 1,100 days of wholly ridiculous prices and slack-jawed market chasing, this dolt seems to be finally waking up to reality. To wit: Jan 05, 2011 Relisted - $223,000 ($210 per square foot) But take another look at the photos and ask yourself if $223,000 is even that great of a p...

Anonymous writes: This house has been in default - NOD filed 1/27/2010 (apx. 14K delinquent). [Trustee Sale] filed 4/29/10. Sale postponed, then I'm sure was eventually cancelled with no new NOD filed. Currently off the market, probably trying to modify $400K 1st TD. Problem is there's still some equity in it so likely will be denied. Thanks for the inside information, Anon. I actually tried to get in to see this house when it was still on the MLS. They wouldn't even take appointments. Like the vast majority of short sales, it wasn't actually for sale. From what I've been told, you are correct that they are in the process of modifying the loan. As I predicted in May, they'll play the short sale game and sign up for every government program (HAMP, HARP, HAFA, etc.) to buy some more time and enjoy the free/discounted rent. But what definitely WON'T happen is the bank foreclosing. It's going to be a long time before we see this place back on the market....

6/14/11 - Sold $305,000 After years of bullshit wishing prices, this turkey has finally been put out of its misery. In the last update, I said, "...$277 per square foot seems reasonable enough to nab a buyer." It ended up going for $281 per square. Of note, the robo-appraisal was actually dead on! $207,276 $300,400 $414,552 I don't take much joy in being right anymore -- I mean, who really cares? The delusional realtards have long since accepted the truth expressed on this blog and conceded defeat. Plus, it doesn't take a whole lot of effort to make these accurate predictions. As I've said since the beginning, it's just a simple matter of what local incomes can support. This price is now generally in line with the median income, so it found a buyer -- not exactly a shocking development. For the record, this sales price represents a $240,000 discount from the original batshit-crazy asking price. Delusional? Yeah, just a tad. ++++++++++++++++++++++++++++...

This rock-biting mongoloid is back on the market yet again. Jesus, bro...give it up already. Despite the fresh "New Listing" classification, astute Long Beach Housing Blog readers will note that this joint has been around for more than 15 months, begging and pleading for some sucker to pay his ridiculous asking price. In case you were thinking this refreshed listing would be, well, refreshed , we're treated to the same two useless photos (one of which features the shittiest MS Paint job you've ever seen). The current listing price of $539,000 , while certainly more realistic than the original $610,000 2010 ask, is still clocking in at $610 per square. Yo, I didn't know they relocated the Shore all the way up to 3rd Street! I'll remind you that this is yet another in the growing contingent of buyers who got in "at the bottom" in Fall 2008 and refuse to believe that they are about to take it right in the devil's onion ring. Assuming he could ...

Today's property is a throwback to the old days when you could buy an apartment for a good price, put a little elbow grease into it, quickly put it back on the market, and walk away with an easy, pocket-bulging profit. Unfortunately for this dolt, those old days of easy flipping are long gone and buyers know better than to fall prey to the greed-infused motivations of gold-bricking shysters. ADDRESS: 4301 East 2ND St Unit 3b, Long Beach, CA 90803 WISHING PRICE: $535,000 PURCHASE PRICE: $360,000 OVERLY OPTIMISTIC PROFIT TARGET: $140,000 BEDS: 2 BATHS: 2 SQ. FT.: 1,218 $/SQ. FT.: $439 YEAR BUILT: 1965 COMMUNITY: Belmont Shore/Park/Naples/Marina Pacific/Bay Harbor MLS#: P757318 DOWN PAYMENT: $107,000 INCOME REQUIREMENT: $122,000/year MONTHLY NUT (AT 5.05%): $2,900 HOA: $195 DESCRIPTION: Standard sale. Amazing ocean and Cataline views. Stunning end unit. Complete remodel, Kitchen has custom limestone floors, granite countertops, all new Bosch built-in appliances. Beautiful bat...