How often do you see these types of deals where people sell to friends or family “under the table” just so they don’t have to deal with open houses, agents, etc? Is it common or extremely rare?
I ask because in 2002 I found out that my recently-deceased neighbor’s house was up for sale on the QT. The guy who ran the estate sale for that home nabbed it for about 20% under market, offering cash. He had a home inspector come out and find a boatload of flaws which “justified” the low offer. The heirs just wanted to sell it quick – they could have gotten more if they held out or perhaps had a separate home inspector.
