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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (49864)3/9/2006 10:54:29 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"turning into a 10-19k profit if he can sell it."

You figuring in commissions and other costs?

How long has it been on the market?



To: GraceZ who wrote (49864)3/9/2006 10:55:22 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
That $10k disappears by the time all is said and done. Holding costs, further discounting and additional repairs on older homes erode it in another 4 months..