The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fatty who wrote (18806)	3/22/2004 4:11:29 PM
From: Tradelite	Read Replies (1) of 306849

<<anyone know if it's ok to ask why owners wants to sell?>> It's perfectly all right to ask why the house is being sold so soon. You might not get a straight answer, if the seller wants to keep the reason confidential. Maybe it's a divorce case or a serious sudden illness. But all buyers would naturally want to know the reason behind such a quick turnover, so go ahead and ask. Could be a little tough to get an appraisal on the house for $100K more than it was just sold for 2 weeks ago, though. That seller sounds a little naive in this respect, so he probably isn't a real estate agent. Unless of course, he bought the house at a below-market price and the house truly justifies its new higher price tag. <<What can be assumed about the seller since he is risking quite a lot just to make a small profit?>> $100K isn't a small profit, is it?. And what would he be risking?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next