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August 21, 2009

Open House Picks: Six Months Later

OHP-6months-022009.jpg
Comment: One is better than none.
Open House Picks 2/20/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]




Posted by Brownstoner at 12:39 PM | Comments (14)
Categories: Open Houses, Six Months Later

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Comments

"Gowanus" is listed as in contract

Posted by: Ringo at August 21, 2009 12:52 PM

Contracts get cancelled.

***Bid half off peak comps***

Posted by: Brownstones Half Off at August 21, 2009 1:04 PM

BROWNSTONER IS THERE ANY WAY WE CAN GET 11238 AND 11216 IN HERE JACKASS??!!!

The What

Someday this war is gonna end...

Posted by: Return of The What at August 21, 2009 1:06 PM

True enough

Posted by: Ringo at August 21, 2009 1:06 PM

Based on this and the previous six months later it's clear that lower priced areas bordering Prospect Park do very well.

Yeah, I know I can't draw valid inferences from such a small sample, but it sure sounds good :-)

Posted by: Bob Marvin at August 21, 2009 1:14 PM

Reeve place owner bought for $750k in 2004, did a reno and sold for $950k in 2009. I'm guessing that after a broker fee he/she took a slight loss, or maybe a big one, depending on the extent of the reno.

Posted by: Brokedeveloper at August 21, 2009 1:28 PM

Bob, I like the way you think. Can't help noticing myself that WT and the South Slope are doing well, some better than expected (like the 1.7 mil house the other day).

Posted by: denton at August 21, 2009 1:40 PM

"So don't be sad..... cuz one out of four ain't bad..."

Posted by: MoneyForNothing at August 21, 2009 1:54 PM

Wow, a Meatloaf reference.

Posted by: Brokedeveloper at August 21, 2009 2:01 PM

I live near the WT house - I think that they had done a pretty extensive renovation.......that being said I am surprised that they got that price in this climate - it is a pretty small house (although it look perfectly renovated)

Posted by: katiem633 at August 21, 2009 2:13 PM

have you seen the new A-1 steak sause commercial with Meatloaf? It's amazing.

So he's sort of singing to himself, and then the camera shows A1 steak sauce being squirted on meatloaf, and if says....wait for it, wait for it....

"A1 Steak Sause, it makes Meatloaf Sing."

brilliant.

Posted by: MoneyForNothing at August 21, 2009 2:17 PM

Hi Jackasses! Before I sing off for the weekend I hope you get in some splinter tighting exersises. The I-Beams are on the way! Here's an example...

August 20, 2009
Contesting an Appraisal?

We are trying refinance our Bed Stuy brownstone and our appraisal came back with an absurdly low number (37% less than 2006 purchase price). Property values in our section of Bed Stuy have held up well with recent sales on our block 7% less than our 2006 purchase price. Our neighbor across the street has their house appraised 3 months ago and it came in a 6% below our 2006 purchase price. Not bad considering the economic situation. We have given the broker/bank a list of recent comparable property sales to support a higher value, but have not heard back. Has anyone been in a similar situation and had the bank make the loan eventually? We are trying to decide whether we should give up with this application and reapply with another broker or keep waiting. It seems getting an accurate appraisal is a game of chance. Thank you for sharing any of your experience.

Posted by jenmit at 3:41 PM | Comments (18)
Categories: Appraisals


The I-Beam is moving up and down their throats. Guess where the entry point is???

70 days guys, 70 days...

The What (Thanks for the "Good times")

Someday this war is gonna end..

Posted by: Return of The What at August 21, 2009 3:51 PM

Well Denton, when I wrote "lower priced areas bordering Prospect Park" I MEANT WT and PLG, but I'm willing to include the South Slope, even if I don't quite see it as lower priced. Considering what my amateur prognostification is worth, I can afford to be generous.

Posted by: Bob Marvin at August 21, 2009 4:29 PM

Bob Marvin, I like your style: "Considering what my amateur prognostification is worth, I can afford to be generous"

As for this ass-hat:

"BROWNSTONER IS THERE ANY WAY WE CAN GET 11238 AND 11216 IN HERE JACKASS??!!!"

It might be worth noting the title of this posting: "Open House Picks: Six Months Later". Safe to say, if there were any Open House Picks in 11238 or 11216 6 months ago, they would be coming up. If there weren't, they can't. Simple enough, no?

Posted by: lalaland at August 21, 2009 9:02 PM

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