Seeking opinions on a possible deal in San Diego
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?