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Updated over 10 years ago,

User Stats

64
Posts
16
Votes
David Tankersley
  • Wholesaler
  • Anaheim, CA
16
Votes |
64
Posts

Seeking opinions on a possible deal in San Diego

David Tankersley
  • Wholesaler
  • Anaheim, CA
Posted

Hello BP world, 

I have a lead in the Mira Mesa area of San Diego that I hope will work out, but need some opinions as this should be my first deal. 

It's a 5br, 2.5 bath. 2180sf SFR home.

The seller is asking for $460K and is firm on this.

this seems to be in line with low-en comps from the area, but then I see that average prices in the area are $485k. However, many comps also lean to $550k and up.

The seller did have this listed at 550k as of March, but says he de-listed in frustration after his last offer fell through due to bank financing issues.

I have not yet seen the property as of yet, but hope to see it today.

based on this limited information so far, does this look like a reasonable deal?

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