Quote:
Originally Posted by Stewie
Asking price and selling price are different, especially if it's bank-owned. My nephew found a foreclosure and offered them 20% below their asking price (which had been lowered twice before). They said no at first, but called back a week later and said they'd take the offer.
|
True, but properties are selling for crazy money. We went to a bank auction, log cabin style house, 1900 square feet, 5 acres, interior was pretty rough. Sold for 220k.