“The Friars Rd listing has been listed for 30 days at $175K and just today was reduced to $149,900. Would that imply that they did not receive any offers at the $175K price?”
As a short sale this is probably the real deal. The property has the NOD, which I understand is frequently a requirement for lender motivation. I think it is really anyones guess where the support takes effect for this stuff that has been pretty hard hit already. I know that many properties in the 90’s, that were bargains early on, never went below what they were purchased for including one I bought 1992. Obviously there is no sense of urgency here. If the deals don’t get better,which they might, they are not going away anytime soon either.
Hi Adam,
I have been reading… just not posting.
I took the time to get some momentum on a few things.
It seems like you are having a good go of things and as usual putting out the good stuff.
