6 Comments

1. 

   GW on April 20, 2011 at 9:01 pm

   That is a great looking bank deal. Do nearby comps support 1.8, or is this property too different than the neighbors?

2. 

   steff on April 20, 2011 at 9:09 pm

   I will make a 1.5 million cash offer right now. Do you think it has a chance to go through?

3. 

   tj & the bear on April 20, 2011 at 10:04 pm

   Sweet! A bit out of my range, but I’m working on that… ;-_

4. 

   tj & the bear on April 20, 2011 at 10:05 pm

   p.s.: GO STEFF!

5. 

   Jim the Realtor on April 20, 2011 at 10:21 pm

   $1.5 million?

   I would love to write that offer with you and find out! Let’s do it!

   They will likely wait the usual 3-7 days before responding. Let’s check the agent’s stats:

   Active listings: 54
   Pending listings: 59
   Sold YTD: 78, averaging 47 days on market (and none were less than 5 days on market)

   This guy is a machine! His staff will run every listing through the same paces – enthusiastically encouraging offers for the first few days, hoping to submit a handful to the bank.

   Theoretically, you will stand a better chance of getting a discount after a listing has been on the market 2-4 weeks, but there are banks that are holding out even longer before reducing price.

6. 

   Kardashianians on April 21, 2011 at 8:29 am

   The steep hillside on the back gives me pause. It’s built in 2006/2007 so not time tested long enough yet. It’s a really nice house nonetheless.