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Showing posts with the label Catching Knives

Schadenfreude: UPDATE

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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...

WOODEN TEETH: FINAL UPDATE

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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...

A New Low

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Given some of the ridiculous bullshit I've encountered in my house search, I might have to come out of blogging retirement. ASKING PRICE: $469,900 ADDRESS: 14 5TH Pl, Long Beach, CA 90802 BEDS: 2 BATHS: 2 SQ. FT.: 1,214 $/SQ. FT.: $387 YEAR BUILT: 1953 MLS#: P786112 ON REDFIN: 86 days HOA: $260 DOWN PAYMENT (20%): $94,000 INCOME REQUIREMENT (3.5 x Income): $107,000 MONTHLY NUT: $2,500 DESCRIPTION: Amazing sweeping ocean views from the main living space of this two bedroom, two bath condo. This secure unit is just steps from the sand and a large communal patio area, perfect for entertaining or watching the 4th of July fireworks. Condo features hardwood floors, updated kitchen, upgraded bathrooms and plantation style shutters. This could be your perfect ocean home. I looked at this bank-owned condo a few months back and walked away unimpressed. Between the termite damage, filth, poor condition of the kitchen cabinets, darkness of the bathrooms, lack of street parking, community lau...

The Magically Expanding House: FINAL UPDATE

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Sold on 09/02/11 - $605,000 Well, that only took 400 days. Look at this long, sad saga: Sep 02, 2011 - Sold $605,000 Jul 15, 2011 - Pending (Backup Offers Accepted) Jul 08, 2011 - Price Changed $609,000 Jun 17, 2011 - Price Changed $639,000 May 27, 2011 - Listed (Active) $649,000 May 27, 2011 - Delisted (Cancelled) May 17, 2011 - Price Changed May 09, 2011 - Price Changed Apr 25, 2011 - Price Changed Mar 30, 2011 - Price Changed Mar 04, 2011 - Relisted (Active) $699,900 Mar 04, 2011 - Delisted (Hold) Mar 04, 2011 - Relisted (Active) Mar 03, 2011 - Delisted Mar 02, 2011 - Listed Nov 14, 2010 - Delisted (Expired) Oct 05, 2010 - Price Changed Sep 27, 2010 - Price Changed Aug 27, 2010 - Price Changed Jul 15, 2010 - Listed (Active) Apr 14, 2010 - Sold $405,000 Hey, a $200,000 profit! This flipper must really know what he's doing! Not so fast, punchy. Setting aside the fact that flippers who know what they're doing actually, you know, flip houses instead of chasing the market dow...

The Grenade on Granada: FINAL UPDATE (FINALLY)

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Sold on 08/31/11 - $450,000 What a long, strange trip it's been. This art-deco disaster has been on and off the MLS since June 2009. 2009! If you recall, at one point the dipshit owner was trying to get $775,000 for this mess. Hell, as recently as seven months ago he was trying to get $600k ! Ah, how the mighty have fallen. In October of 2010, I said: "I have to give credit to owners expressing themselves and building something unique in Long Beach but as I've said before, one person's quirky (and pricey) personal taste means fuckall to potential buyers." and: "You know what I think to myself when I see houses like this? 'Yeah, if it was dirt cheap I might buy it as a goof.' In other words, this kind of look-at-me 'uniqueness' is actually a detriment to selling because this level of customization and personal flair can easily put houses in the Only-At-A-Discount category." Well, I'd say selling in 2011 for a mere $40,000 above...