Comments on: Calculated Risk: Chula Vista Big Bounce?

By: ScottVA

ScottVA — Fri, 17 Apr 2009 18:48:12 +0000

I guess you haven’t heard about a little thing called FHA…. and I assume Chula Vista is in a higher window of loan max for FHA which means someonce can buy it with 3.5% down…. I work as a real estate investor based in DC and I can tell you things are moving here.

By: elise

elise — Fri, 17 Apr 2009 09:31:07 +0000

span filter ate my comment.

By: ritamary

ritamary — Fri, 17 Apr 2009 05:07:35 +0000

To put it bluntly, Chula Vista is not exactly a place where I would want to live. This is the California version of the bargains in Detroit I recently saw on CNN. Maybe someone from across the border (which is quite near Chula Vista FYI) might have the cash to buy this house.

By: Triple Eight

Triple Eight — Fri, 17 Apr 2009 02:45:54 +0000

it’s all a sucker rally.

By: Ginger

Ginger — Fri, 17 Apr 2009 01:45:31 +0000

I’ll bet that there are more who are buying homes as investment properties. They are probably the same people who helped cause the situation in the first place. They got rich off taxpayers backs and are doing it again.

By: Peggy Sue

Peggy Sue — Thu, 16 Apr 2009 22:25:21 +0000

oowawa said:

“Gee, maybe it was us who got hosed, you think?”

You think, indeed! Keep the public confused. That’s just the way they want it!

By: John Smith

John Smith — Thu, 16 Apr 2009 22:17:35 +0000

Just because it has 41 offers does not mean that anybody will be able to get it financed. They would have to come up with a 100K down payment. I would like to know how many are all cash offers.

By: oowawa

oowawa — Thu, 16 Apr 2009 22:15:30 +0000

Hahaha, Tricia. Seems the banks are just as happy as hogs in slop right now. Gee, maybe it was us who got hosed, you think? It’s hard to tell what’s going on, with all these bizillions & gazillions (I can’t count that high) going from the government (US, that’s us) to the banks through AIG perhaps via who knows what conduit . . . The shell game has me confused! And that’s the way they want it . . .

By: Tricia Spiegel

Tricia Spiegel — Thu, 16 Apr 2009 21:37:06 +0000

Such a pretty house. I am amazed that it is priced so low in California.

So, someone lost 400k along the way, right? I gather it was us???

By: Ellen D

Ellen D — Thu, 16 Apr 2009 21:23:33 +0000

One swallow doesn’t make a summer.

And I’m in California – I’d be happy to see movement up.

By: avwrobel

avwrobel — Thu, 16 Apr 2009 21:10:50 +0000

Gee, a single house. Info from a realtor. Happy days are here again!! Please. Stupid story to post.