Comments on: A question answered

By: No Name

No Name — Fri, 06 Nov 2009 15:47:35 +0000

Looked at this house over a year ago. It’s a disaster and at low tide… Good luck. I don’t think I would pay 1/2 the listing price for the piece of land… Because, thats all you are buying.

By: Michael Finkbeiner

Michael Finkbeiner — Fri, 06 Nov 2009 13:54:12 +0000

Not The Waterfront

By: Michael Finkbeiner

Michael Finkbeiner — Fri, 06 Nov 2009 12:49:05 +0000

This April 2, 2008 infrared aerial captured the low tide at its regulatory elevation of Mean Low Water. You can now see clearly how distant these lots are from the actual water. Note the many attempted boat approaches that had to turn back. The bright red vegetation is slime and sea lettuce - shines in infrared like a Christmas Tree. Not the Waterfront

By: Michael Finkbeiner

Michael Finkbeiner — Fri, 06 Nov 2009 12:25:44 +0000

The futility of dredging in this cove is demonstrated by the failure of the above project, which I am beating like a dead horse. But this seems to be the week for the harbormaster's revenge. He now has to personally approve all dock and float projects. You can see how this channel cut the developing salt hay marsh, so even if OLIS would approve (never), all the fertilizer and leaf-blown clippings from adjacent lots will hasten the grow over of the cove with marsh. At least the bass are back, eating the urchins in the grass. Bass heaven

By: Old School Grump

Old School Grump — Fri, 06 Nov 2009 04:11:47 +0000

anon at 8:52: appreciate your insight, your humor (at least I hope it’s humor), and the fact that you can spell and punctuate. Think up a more distinctive name for yourself so we can identify you, and keep chiming in!

By: anon

anon — Fri, 06 Nov 2009 01:52:37 +0000

Is that 10,200 sq ft at high tide or low tide?

Also, why does a realtor need to hire somebody to do an “independent appraisal ?” Shouldn’t any decent realtor know how to calculate the market value of a property? Isn’t that what the 5% commission is for? How hard is it to look at comparable sales, etc to figure that out? I am not a real estate professional, but I bet I could appraise 90% of the properties in Greenwich within 5%.

I think the “independent appraisal” is just an excuse for the realtor to say “don’t blame me for the high price”. More likely, it’s just a bluff.

And all that crap about realtors scheduling appointments makes me hate this guy already. Sounds like a real bullsh*t artist, not somebody I’d trust to negotiate a property transaction.

If I didn’t already have a well paying job adding value to society by creating alpha on Wall Street, I could be the best realtor around.

By: Interested Observer

Interested Observer — Thu, 05 Nov 2009 22:38:17 +0000

~Don’t forget the old adage in our business, “A buyer will make a liar out of you every time.”~

…and to also feel the need to report on all the comments supposedly made by simpering brokers who desperately need sales on top of it all…methinks he doth defend his position too much (to paraphrase, rather than quote)

What a tool.

By: christopherfountain

christopherfountain — Thu, 05 Nov 2009 22:28:37 +0000

Well Michael, that was kind of my impression when I saw the house a year or so ago. Plus, you add in all the Coastal Area Management regs that will prevent doing anything to this house except tear it down and I, at least, wasn’t too keen on its merits. I’m nt a professional appraiser though, and Jim’s guy obviously knows better the buyers who shunned this place in the past. I wonder if he’ll buy it himself, seeing as it’s such a bargain and all.

By: Michael Finkbeiner

Michael Finkbeiner — Thu, 05 Nov 2009 22:22:42 +0000

It should be noted from public records that this lot size, with 10,280 sq.ft. in the R-20 Zone, is a real bummer on FAR at 22.5% , which allows for only 2313 sq.ft.

Those are Maher Ave. lot sizes and ratios.

By: Michael Finkbeiner

Michael Finkbeiner — Thu, 05 Nov 2009 21:52:16 +0000

once more - third times a charm