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20 Ryland Park Dr, San Jose, CA 95110


               
2009 Nov 30, 8:48am   3,899 views  7 comments

by pkowen   follow (0)  

Half the previous price (almost).  Notice it sold in August 2009 for $224,876.  My guess, that was a trustee sale or foreclosure and the current owner is an investor or bank trying to turn a little profit.

 http://www.redfin.com/CA/San-Jose/20-Ryland-Park-Dr-95110/unit-310/home/1473901

#housing

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4   Patrick   @   2009 Dec 1, 2:57am  

I didn't factor in HOA. That's like adding a point to the interest rate, I think. So HOA might tip the balance and make it cheaper to rent.

5   dont_getit   @   2009 Dec 1, 3:02pm  

I am seeing these kinda listing all over the place, especially SJ. I really wish these greedy investors lose their shirt. Wants 25% return for 224,876? WTH is he thinking?

6   pkowen   @   2009 Dec 2, 12:51am  

If I wanted it, I might go in and offer EXACTLY what they paid a few months ago. That is, *if* I wanted it.

7   dont_getit   @   2009 Dec 2, 4:41am  

pkowen says

If I wanted it, I might go in and offer EXACTLY what they paid a few months ago. That is, *if* I wanted it.

I dont have a problem if they bought it by public bidding or something else. All these are mostly listed as "corporate owned", they buy before the public even gets it. I wish some DA finds this shady deals and prosecutes them.

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