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2641 Thornhill Drive, San Carlos, CA 94070

By Quant HF Mgr   Follow   Fri, 28 Jan 2011, 12:33pm   503 views   2 comments
In San Carlos CA 94070   Watch (0)   Share   Quote   Permalink   Like   Dislike  

Nice homes in San Carlos already back to 2004 prices. Factor in all the money spent on upgrades and selling costs and this homedebtor will be taking it in the shorts hard. That's got to sting after buying in the Real Bay Area seven years ago.

Take away the government-inspired, artificially-high jumbo limit of $729,000 (i.e. leave it at $416,000) and things would have gotten a lot uglier a lot quicker. You and me, the taxpaying public, can be proud we are subsidizing obscene home purchases and prices like this.

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1. EBGuy Follow Befriend 4 threads 2,095 comments

   1   2:05pm Fri 28 Jan 2011   Share   Quote   Permalink   Like   Dislike   They originally put 20% down; do not pass go, do not collect $200. Well, maybe they did. Refinanced in Nov. 2009 with CitiMortgage and Oct. 2010 with BofA.

2. pkowen Follow Befriend 30 threads 555 comments San Carlos, CA

   2   3:08pm Fri 28 Jan 2011   Share   Quote   Permalink   Like   Dislike   I'd say it belongs back in the 90's price range.