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33 Simpson Drive, Walnut Creek, CA 94596

By rufita11   2012 Dec 2, 9:25am   2 links   3,650 views   10 comments   watch (0)   quote      

http://www.redfin.com/CA/Walnut-Creek/33-Simpson-Dr-94596/home/1335552?source=Patrick.net

The pictures do not display the horror that this dump is. The smell of years of canine dander assault you throughout. The description says "Cosmetic Fixer", which is total bunk. The buyer will have to tear it down to the studs and sub-floors (replace some of those), replace the roof, tear out all of the upheaved concrete patio, fill in the grotesque tiny pool and even more bizarre, tinier pool. Major retaining wall work and terracing will need to be done to make the bottom yard usable. This place obviously has some major drainage issues. Not worth nearly the price, even with the excellent school district.

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1   rufita11   3/3 = 100% civil   2012 Dec 2, 4:32pm  ↑ like   ↓ dislike   quote    

Only problem is that buildable lots are not selling in this area. There are many listed for around 300 to 500K and they sit for years. No way this lot could be subdivided, not nearly enough non-vertical land and zero way to access the lower yard from the street. The houses are just too close together for that.

My biggest beef with the place was wasting my time looking at a total rehab with major drainage issues when it was described as a "cosmetic fixer".

2   rufita11   3/3 = 100% civil   2012 Dec 3, 2:03pm  ↑ like   ↓ dislike   quote    

It slopes up, then drops off in the back.

3   RentingForHalfTheCost     2012 Dec 4, 10:29am  ↑ like (1)   ↓ dislike   quote    

E-man says

How much do you think it will sell for?

It'll sit like all the other dead bead houses that banks are trying to unload. To us it will disappear once they realize they can't get squat for it. Then for 3-5 years this house will just sit and rot as banks do a song and dance with the value of the worthless mortgage they hold.

4   RentingForHalfTheCost     2012 Dec 4, 11:35am  ↑ like (1)   ↓ dislike   quote    

E-man says

RentingForHalfTheCost says

E-man says

How much do you think it will sell for?

It'll sit like all the other dead bead houses that banks are trying to unload. To us it will disappear once they realize they can't get squat for it. Then for 3-5 years this house will just sit and rot as banks do a song and dance with the value of the worthless mortgage they hold.

What are you talking about? The house has no mortgage. It's a regular sale. Hello? Anybody home? Are you trying to become War and Darryl? :)

Okay, lets keep track of this one over the next few months. I've seen so many of these houses marketed as 'no reo, not a short sale, etc." when in fact they are. I don't trust anyone at this point.

5   rufita11   3/3 = 100% civil   2012 Dec 5, 10:00am  ↑ like (1)   ↓ dislike   quote    

E-man says

rufita11 says

Only problem is that buildable lots are not selling in this area. There are many listed for around 300 to 500K and they sit for years. No way this lot could be subdivided, not nearly enough non-vertical land and zero way to access the lower yard from the street. The houses are just too close together for that.

My biggest beef with the place was wasting my time looking at a total rehab with major drainage issues when it was described as a "cosmetic fixer".

Interesting. From the picture of the front the house, it appears that the lot slopes up from the street. Based on your description, it looks like a portion of the lot slopes down.

Hey, the realtor got you to show up to check out the property. I call that good marketing. LOL!

I met the realtor three years ago, but she looks about 10 years older now. If she was that good at marketing, she would have looked a lot more relaxed or at least been able to afford laser or botox.

6   Facebooksux     2012 Dec 6, 2:27pm  ↑ like (2)   ↓ dislike (2)   quote    

I hope she goes and fists herself.

7   zzyzzx   569/569 = 100% civil   2012 Dec 13, 12:45pm  ↑ like (1)   ↓ dislike   quote    

rufita11 says

My biggest beef with the place was wasting my time looking at a total rehab with major drainage issues when it was described as a "cosmetic fixer".

There is a Simpsons episode about this, featuring Red Blazer Realty

http://en.wikipedia.org/wiki/Realty_Bites

Marge encounters Lionel Hutz, who has become a realtor. Marge decides to try it herself and begins working for Hutz, at "Red Blazer Realty". She tells prospective buyers her honest opinion about the houses she shows them, and even encourages the Hibberts not to move at all as she prefers their current home. Due to her honesty, she does not sell any homes and Hutz tells her to use more positive descriptions when selling the houses, such as "cozy" instead of "small".

And the house is on Simpson Dr

8   zzyzzx   569/569 = 100% civil   2012 Dec 13, 12:48pm  ↑ like   ↓ dislike   quote    

Redfin requires a login to see pics.

9   lolmatt     2013 Jan 22, 8:12am  ↑ like (1)   ↓ dislike   quote    

oh wow... looks like someone really really really really wanted this house.

sold for 582....... going to need LOTS of work.

10   E-man   5/5 = 100% civil   2013 Jan 24, 10:41am  ↑ like   ↓ dislike   quote    

RentingForHalfTheCost says

E-man says

How much do you think it will sell for?

It'll sit like all the other dead bead houses that banks are trying to unload. To us it will disappear once they realize they can't get squat for it. Then for 3-5 years this house will just sit and rot as banks do a song and dance with the value of the worthless mortgage they hold.

I guess it didn't sit rotting. If I recall correctly, owner only owed $300k on this house.

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