Now What?
It took years to build, was on the market for over a year, first listed for nearly $1 million, and has never been occupied. Yesterday the house next to us went to auction. John went over just to see. With only 4-5 bidders, the bidding started and ended within minutes. It ended at 660, and that price was refused by the builder/owner. Now what?
February 8th, 2008 at 9:03 am
ouch. i have several friends who are going through the same kind of thing. nobody wants to buy.
a couple of friends bought houses because they were getting them for such a “deal”, but then have been stuck with their old houses.
ouch.
February 8th, 2008 at 9:11 am
He refused 660 for it? So weird. Unless the market does a big turnaround sometime soon(not very likely) he’ll end up selling it for even less later on. I guess you guys get to be neighbor free until then.