Written by Jim the Realtor

April 20, 2011

This sold for $2,850,000 when new in October, 2007:

6 Comments

  1. GW

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

  2. steff

    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

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

  4. tj & the bear

    p.s.: GO STEFF!

  5. Jim the Realtor

    $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

    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.

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Jim Klinge
Klinge Realty Group

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