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1825 montage ct san jose ca 95131


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2012 May 2, 3:51am   6,218 views  13 comments

by crazydesi   ➕follow (0)   💰tip   ignore  

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2   crazydesi   2012 May 2, 4:07am  

When I click on your link, it is showing 850k$.

1825 Montage Ct, San Jose, CA 95131
Review this house
Actual value is $851,326. It's OK to pay $700,000.

3   Patrick   2012 May 2, 4:08am  

Ah, your assumptions are probably different. I'm using the default assumption of 7 year holding period, 0% house price inflation, 1% rent inflation, etc.

Click "Change Assumptions" at bottom of calculator.

4   crazydesi   2012 May 2, 4:15am  

Seems the monthly rent is put as $3,495 in the calculator, which is very high. If I change to 25004, it is coming in your range of 550k$.

When I told the selling agent, I can offer 680K$, she said it is too low.

Does it mean,
1. she has offers more than the listing price or
2. she wants me to increase my offer?

If I put the offer price less than listing price, will she will take my offer? Do people give offers less than listing price? If so how does it work.

5   xenogear3   2012 May 2, 1:22pm  

Ok, I will put a $850k cash offer in.

6   crazydesi   2012 May 3, 4:40am  

This is off of market and sale pending.

Does it mean someone bought for over 700k$?

7   bubblesitter   2012 May 3, 4:53am  

crazydesi says

This is off of market and sale pending.

Does it mean someone bought for over 700k$?

I don't know of San Jose market but if it were in the market here in Socal,it means it is going to be back on market with lower then the prior asking price. :)

8   CrazyMan   2012 May 3, 5:17am  

Yep, means it'll be back with a different price but who knows if it's higher or lower.

Seems slightly high to me. If you're going to spend 700K, get a real house instead of an ugly cookie cutter moo factory.

9   crazydesi   2012 May 3, 5:20am  

Which one is correct

off the market --> pending --> sold
or
off the market --> relisted

10   bubblesitter   2012 May 3, 5:23am  

crazydesi says

off the market --> relisted

This.

11   David9   2012 May 3, 5:27am  

bubblesitter says

I don't know of San Jose market but if it were in the market here in Socal,it means it is going to be back on market with lower then the prior asking price. :)

Thank you for the validation of the endless non sold, revolving mls and prices here in SoCal.

12   Pristine   2012 May 16, 4:24pm  

So what do you think of the reo property nearby this..2403 flickinger ave San Jose 95131. That was listed at 672000. They had several offers apparently overbidding.

13   crazydesi   2012 Jun 5, 4:07am  

wow sold for 820,000.

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