It wasa great deal and there might be one or two opportunities like that a year with many more chasers. It was owned with very little debt and the selelr listed with an out of area agent. It was tenant occupied and difficult to show with appointment only. Buyer probably took it with tenant in place. It could have sold for more if they were patient and marketed it properly. FWIW, JTR is wrong at least as much as he is right on his predictions.
If that house was vacant and easy to show you could sell 50 of them at that price around here without breaking a sweat. This brings up my exact point of capitalizing on opportunities in this kind of market. They are few and far between. They go to the most nimble, ready and well represented.
