I don’t see it all to often. It is a double edged sword for both parties when the home is sold as a quick between friends sale. The buyer though (IMO) has the advantage is they play the cards right. That is inspect the HECK out of the home. Don’t just spend a few hundred on a physical inspector, maybe get a roof guy, a foundation guy, other specialists and make really really sure you will know what you are in for when you buy the home. Of course this gives additional negotiating leverage. Also do the diligence on the comps or surrounding areas.
My main point was, that this “appeared to me” to not just be a decent deal for Hammer, but it also sounded like he really did love the location, and the home. So I am factoring that into the equation as well. Maybe I read to much into that in his posts. You see what I am saying?
