Quote:
Originally Posted by canthetuna
I'm excited. I close this week on my new house and were spending 280k. Our appraisal came back at 370...
I know its a weak market here, but its nice to know Im starting out with a little bit of equity, according to all comps and data...
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Sounds like you are stealing that house. Good job.
We did that with our second house in Woodbridge. Saw it at an open house an offered 10K less than asking price because we thought they were so off in their price(too low) that maybe they'd go lower. They countered 5k more and we took it. Sold it 14 months later for 115K profit. They missed the price piont so badly on it. There was major development going on just two blocks away on the Occoquan. Building like a mini downtown Alexandria and everything was going to sky-rocket. I still can't believe they sold it for what they did.
04-24-2007, 08:55 AM
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