Monday, October 19, 2009

Sold for 15% Above Asking Price

We received 8 offers for this property within 5 days of the listing, and all were 100% cash. The winning offer was $130,000 cash, 15 day escrow, and all inspections and contingencies waived. That means no appraisal, no inspection, no nothing.

Not bad for a home that almost burned to the ground 10 months ago, and has been sitting ever since.