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235 Lakeshire Dr, Daly City, CA

By bg   Follow   Thu, 23 Feb 2012, 5:35am   771 views   7 comments
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http://www.redfin.com/CA/Daly-City/235-Lakeshire-Dr-94015/home/572084

This house looks like it foreclosed for 355 in January and is not for sale at 382 and needs a little "TLC". What is the rational for listing higher one month later? Just to see if they can get it? Maybe the 355 was just the balance of the loan? I wouldn't think they would have paid it down that far.

I have been meaning to ask lately, does square footage include the garage? I would think so.

It seems like a couple of articles have said we are down to the mid-90's prices. Other places don't seem to agree with that. For this house, it seems like we are not even close.

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1. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

   1   1:10pm Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   bg says Maybe the 355 was just the balance of the loan? Yes,in most cases foreclosed home is sold at the loan balance. This shack is NOT going to sell for 355.

2. bg Follow Befriend (12) 40 threads 310 comments Pacifica, CA Premium

   2   8:34pm Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   bubblesitter says This shack is NOT going to sell for 355. I presume you are saying it will sell for more and that it is a shack. I will be delighted it if sells for less than that, It would be a little bit of sanity.

3. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

   3   9:16pm Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   bg says bubblesitter says This shack is NOT going to sell for 355. I presume you are saying it will sell for more and that it is a shack. I will be delighted it if sells for less than that, It would be a little bit of sanity. I mean less then 355K.

4. bg Follow Befriend (12) 40 threads 310 comments Pacifica, CA Premium

   4   9:26pm Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   I hope you are right! the world would make a tiny bit of sense!

5. jvolstad Follow Befriend (4) 988 threads 1,120 comments San Antonio, TX jvolstad's website

   5   9:51pm Thu 23 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike   $330 a sq ft? Daly City? OMG..... That would sell for around $50 a sq ft in San Antonio. That's providing the area is not too ghetto. http://www.bradfieldtx.idxco.com/idx/11709/details.php?idxID=080&listingID=927112

6. RentingForHalfTheCost Follow Befriend (8) 38 threads 1,996 comments Pleasanton, CA Premium

   6   10:06pm Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   The sqft measurement shouldn't include the garage or basement for that matter.

7. peninsulabuyer Follow Befriend 7 threads 11 comments

   7   10:17pm Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   No SQFT does not include garage or backyard.