Thursday, May 11, 2006

Just a Roof in San Rafael

According to the realtor:
San rafael fixer-3b/2ba needs everything except roof is newer & hardwood floors under carpet seem in good condition. Brick fireplace in lr with insert & detached two car garage. Some cracks in walls & ceilings due to typical settlement in area...Perfect starter home, needs work...
So, for $645,000 you are basically getting a roof and maybe some floors because everything else needs to be replaced. That's considered the "perfect starter home" in Marin. Typical young families are not welcome here.

7 Comments:

Anonymous Anonymous said...

Anyone who thinks that's even in the same universe as reasonable needs to get out of CA once in a while. I can't even properly wrap my mind around it. Do I have schizophrenia, or are they really asking $645,000? Or maybe they're the ones with the mental issue. What do they call it? Group polarization?

May 11, 2006 12:19 PM  
Blogger marin_explorer said...

"Some cracks in walls & ceilings due to typical settlement in area...Perfect starter home

Hmm...that sounds like an area to avoid! I don't care if it's an illusory "starter home" or a 4000+ sqft mcmansion; there's nothing but maintenance in your future.

May 12, 2006 10:32 AM  
Anonymous Anonymous said...

"perfect starter home" great for newly weds with newborns as the ceiling caves in on your head. Anyone can afford to fix it up on a diet of top ramen while working 3 jobs just to pay the mortgage.

May 12, 2006 10:35 AM  
Blogger john_law_the_II said...

"hardwood floors under carpet seem in good condition."

sounds like they didn't even bother to rip out the carpets to find out.

May 12, 2006 11:10 AM  
Blogger Marinite said...

sounds like they didn't even bother to rip out the carpets to find out.

If you can walk on the carpet and not fall through, then the hard wood floors must be in good condition.

Welcome to Marin. Now hand over your money and all will be well.

May 12, 2006 12:47 PM  
Anonymous Anonymous said...

of course he didn't tear up the capet,he has a mold allergy....

May 12, 2006 1:57 PM  
Anonymous Anonymous said...

I wonder when the lunacy will drift off. It seems that even though the inventory of on the market is substantially growing, sellers are just gripping tightly hoping for all the money they can, with their brokers in toe proping them up.

For example, this example home/lot in SR is easily $200,000 too much. I think a lot of potential buyers see this (like myself). When will it correct with all the market forces clouded on these sellers?

btw - an agent that use to email updates a lot on homes available has stopped sending them out. I wonder why...

May 12, 2006 3:11 PM  

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