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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Doughboy who wrote (25805)12/10/2004 9:34:48 AM
From: RutgersRead Replies (1) of 306849
 
Great story, Pillsbury...

Almost sounds too good to be true...good to hear that the mkt is still blistering hot, but if it were me, I would have drafted a very tight contract and pushed for a closing as soon as possible to reduce risk that this "builder" runs into financial difficulties preventing him from being able to consummate the transaction...as an aside, I have friends who recently closed on a brownstone in DC - they moved from a condo (yes, condo, not coop) in Manhattan - so, even if they overpaid in DC, at least they made a mint from the Manhattan sale...
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