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    Amusing Property Finds

    I saw that on Housing Kaboom as well. Nobody is going to pay $739 a sq ft in Corona. I like the robo-estimates: Low Estimate High Zillow $551,500 $1,103,000 $1,191,240 Eppraisal $626,473 $737,028 $847,582 Cyberhomes No data is available for this property. Those...
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    Does anybody know why sold prices on Redfin would record as double the actual price?

    I've seen this twice now, where the sold price listed on Redfin is exactly twice the actual sold price. Does anybody know why this would happen or how common it is? The two examples are as follows: <a href="http://www.redfin.com/CA/Riverside/7559-San-Felipe-Ave-92504/home/4986508">7559...
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    Good refinancing deal? Fair closing cost?

    Just to confirm Zillow's numbers, I would punch your address into Redfin and see if the other four comps they give you are in the same ballpark. Zillow's numbers have been running high lately, IMHO; they seem to be frequently fooled by failed foreclosure auctions, which usually record as a sale...
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    Finally, a close-to-market solar innovation

    Now that's what I'm talking about. My house will need a new roof in five or ten years. I'm sure these are more expensive than a normal roof, but a lot less than a new roof <strong>and</strong> normal solar panels, plus you get all the benefits (tax breaks, cheaper electricity) from traditional...
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    Your opinions please--is this house overpriced?

    For what it's worth, Redfin's robo-comps say it's overpriced: Low Estimate High Zillow $690,400 $863,000 $897,520 Eppraisal $649,881 $764,566 $879,250 Cyberhomes $565,579 $628,422 $722,685 Sold comps: Range: $469,783 - $945,000 Average: $433/Sq. Ft. This...
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    Flipping in today's market for a profit? Possible or Impossible

    I think by title seasoning he means the FHA 90 day rule, which means buyers with an FHA loan can't purchase a property that was previously purchased in the previous 90 days-it's to prevent flipping, although it does nothing of the sort-flippers just wait 90 days.
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    Buying in Riverside and renting the rooms out to UCR students

    This Riverside house just came on the market. It's not particularily near UCR, but I think it gives a good example of how rents are compared to purchase prices in the city, since it's currently rented. <a href="http://www.redfin.com/CA/Riverside/4539-Park-Ave-92507/home/4955866">4539 Park...
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    Foreclosure Radar is not a good source to use to determine the size of shadow inventory

    I have had a difference of opinion with awgee and others as to the size of the shadow inventory. I think it's small to non-existant; awgee and others think it's large. First, a definition. "Shadow inventory", for this discussion, includes only bank owned properties that the bank has...
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