brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
By way of comparison:
One of the largest and nicest properties in my cul-de-sac was bought in '05 by a would-be flipper. They paid $600+k, and then sunk (guess) $100k into it. Put it on the market in '06 for $850k. Sat for almost a year and was foreclosed this spring. The house has been empty for upwards of a year, and has deteriorated. Now on the market asking $499k. I am tempted to at least look and make a lowball offer.
One of the largest and nicest properties in my cul-de-sac was bought in '05 by a would-be flipper. They paid $600+k, and then sunk (guess) $100k into it. Put it on the market in '06 for $850k. Sat for almost a year and was foreclosed this spring. The house has been empty for upwards of a year, and has deteriorated. Now on the market asking $499k. I am tempted to at least look and make a lowball offer.