I can think of one that listed at $299K, then got kicked back by the lender(s) at $325K. Closed months later at (drum roll) $290K, presumably cash. Though it’s possible the buyer had to pay a few grand toward the second out of pocket.
Incidentally it’s now back on market, marked up $75K with paint, carpet, and a new granite countertop over the old beat-up ’80s cabinets. Listing agent seems to be a former associate of a celebrated “Super” realtor familiar to us bubble bloggers. Who knows, it may just sell at that price.
