Which house/lot?
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Another fire sale in Watercolor
- Thread starter fisher
- Start date
Which house/lot?
JoshMclean
Beach Fanatic
55 Royal Fern Way
Bob
SoWal Insider
Let's just say the new door quietly crawled onto the HUD-1 under seller concessions. Everyone won because there was a closing.
Bob
SoWal Insider
As Paul "Fossil' Harvey says, Now, for the rest of the story. The sale was in O'town, and the buyer paid 190k less than 2 years ago as a rehab flip. The house sold for 30k less than an extremely conservative appraisal, so I'd say everyone won here. And yes, all this occurred in an obvious buyer's market.
drivingtheview
Beach Lover
:nono1:
I used to read posts here everyday. Today is the first day I have logged on since the Christmas holidays. Now I recall why I stayed away for so long.
The market is what it is. Just as it was what it was back in 2004. I find it hard to comprehend the high levels of narcissism here. For whatever reason, some people apparently enjoy our difficult, stressed economic conditions resulting from the current market. Those that seem to enjoy this are experts at writing with consistent, condescending tones. Additionally, they seem to derive satisfaction from their eminent forecasts of this markets demise. I for one struck out on predicting the demise of the southeastern coastal state insurance markets due to unprecedented hurricane damage in 04-05. I would be grinning right along with you if I did not know of so many friends, neighbors, and countless other unknown good people who's lives have been negatively impacted (due to the current real estate market).
It is obvious that most of you are great people who provide excellent information for us all to share and discuss. God bless those of you who are grinding away each day to market/sell properties and promote all of the wonder of SoWal. The market will turn in a positive direction in the foreseeable future in spite of the eager pessimism. This will also cause most of the junk to filter itself out here and maybe we can all become friends again.
I used to read posts here everyday. Today is the first day I have logged on since the Christmas holidays. Now I recall why I stayed away for so long.
The market is what it is. Just as it was what it was back in 2004. I find it hard to comprehend the high levels of narcissism here. For whatever reason, some people apparently enjoy our difficult, stressed economic conditions resulting from the current market. Those that seem to enjoy this are experts at writing with consistent, condescending tones. Additionally, they seem to derive satisfaction from their eminent forecasts of this markets demise. I for one struck out on predicting the demise of the southeastern coastal state insurance markets due to unprecedented hurricane damage in 04-05. I would be grinning right along with you if I did not know of so many friends, neighbors, and countless other unknown good people who's lives have been negatively impacted (due to the current real estate market).
It is obvious that most of you are great people who provide excellent information for us all to share and discuss. God bless those of you who are grinding away each day to market/sell properties and promote all of the wonder of SoWal. The market will turn in a positive direction in the foreseeable future in spite of the eager pessimism. This will also cause most of the junk to filter itself out here and maybe we can all become friends again.
