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macmichael
ParticipantWhat was address of one that closed and sale price?
What size, bedrooms, etc are you guys looking for? I may know of a couple that are not listed but potentials.
ParticipantWhat was address of one that closed and sale price?
What size, bedrooms, etc are you guys looking for? I may know of a couple that are not listed but potentials.
ParticipantWhat was address of one that closed and sale price?
What size, bedrooms, etc are you guys looking for? I may know of a couple that are not listed but potentials.
ParticipantWhat was address of one that closed and sale price?
What size, bedrooms, etc are you guys looking for? I may know of a couple that are not listed but potentials.
ParticipantThere was a “must sell” flip gone bad on Madra (5980?) that finally sold at the end of 2007. It was first listed at up to 1.6m, and sold for less than $1m. I think it was about 3500 sq ft and some very extensive rehab work was done there.
You are right this was flip gone very very bad. They paid 869K and it took almost 2 years and probably put in about 150 – 200 in renovation costs. So cost including carrying was about 1.150 – 1.2. Sold recently for 970 as I recall. Buyers got a pretty good deal, but there were lots of stuff done in the remodel that didn’t come out well and looked cheap.
I looked at this hard to buy for myself, but knowing all that was needed my target at the time was $ 700 and they wouldn’t listen to a number at that level. So another fish caught the knife.
ParticipantThere was a “must sell” flip gone bad on Madra (5980?) that finally sold at the end of 2007. It was first listed at up to 1.6m, and sold for less than $1m. I think it was about 3500 sq ft and some very extensive rehab work was done there.
You are right this was flip gone very very bad. They paid 869K and it took almost 2 years and probably put in about 150 – 200 in renovation costs. So cost including carrying was about 1.150 – 1.2. Sold recently for 970 as I recall. Buyers got a pretty good deal, but there were lots of stuff done in the remodel that didn’t come out well and looked cheap.
I looked at this hard to buy for myself, but knowing all that was needed my target at the time was $ 700 and they wouldn’t listen to a number at that level. So another fish caught the knife.
ParticipantThere was a “must sell” flip gone bad on Madra (5980?) that finally sold at the end of 2007. It was first listed at up to 1.6m, and sold for less than $1m. I think it was about 3500 sq ft and some very extensive rehab work was done there.
You are right this was flip gone very very bad. They paid 869K and it took almost 2 years and probably put in about 150 – 200 in renovation costs. So cost including carrying was about 1.150 – 1.2. Sold recently for 970 as I recall. Buyers got a pretty good deal, but there were lots of stuff done in the remodel that didn’t come out well and looked cheap.
I looked at this hard to buy for myself, but knowing all that was needed my target at the time was $ 700 and they wouldn’t listen to a number at that level. So another fish caught the knife.
ParticipantThere was a “must sell” flip gone bad on Madra (5980?) that finally sold at the end of 2007. It was first listed at up to 1.6m, and sold for less than $1m. I think it was about 3500 sq ft and some very extensive rehab work was done there.
You are right this was flip gone very very bad. They paid 869K and it took almost 2 years and probably put in about 150 – 200 in renovation costs. So cost including carrying was about 1.150 – 1.2. Sold recently for 970 as I recall. Buyers got a pretty good deal, but there were lots of stuff done in the remodel that didn’t come out well and looked cheap.
I looked at this hard to buy for myself, but knowing all that was needed my target at the time was $ 700 and they wouldn’t listen to a number at that level. So another fish caught the knife.
ParticipantThere was a “must sell” flip gone bad on Madra (5980?) that finally sold at the end of 2007. It was first listed at up to 1.6m, and sold for less than $1m. I think it was about 3500 sq ft and some very extensive rehab work was done there.
You are right this was flip gone very very bad. They paid 869K and it took almost 2 years and probably put in about 150 – 200 in renovation costs. So cost including carrying was about 1.150 – 1.2. Sold recently for 970 as I recall. Buyers got a pretty good deal, but there were lots of stuff done in the remodel that didn’t come out well and looked cheap.
I looked at this hard to buy for myself, but knowing all that was needed my target at the time was $ 700 and they wouldn’t listen to a number at that level. So another fish caught the knife.
ParticipantTumbles
Stear clear of 5991 in all cases; flat roof is a big draw bag and the house is a dog; understand it will soon be a REO6207 had a lot to offer; i too will be interested to see what the price actually was.
Agree with Bugs about stability of the area in regards to pricing.
Patience
ParticipantTumbles
Stear clear of 5991 in all cases; flat roof is a big draw bag and the house is a dog; understand it will soon be a REO6207 had a lot to offer; i too will be interested to see what the price actually was.
Agree with Bugs about stability of the area in regards to pricing.
Patience
ParticipantTumbles
Stear clear of 5991 in all cases; flat roof is a big draw bag and the house is a dog; understand it will soon be a REO6207 had a lot to offer; i too will be interested to see what the price actually was.
Agree with Bugs about stability of the area in regards to pricing.
Patience
ParticipantTumbles
Stear clear of 5991 in all cases; flat roof is a big draw bag and the house is a dog; understand it will soon be a REO6207 had a lot to offer; i too will be interested to see what the price actually was.
Agree with Bugs about stability of the area in regards to pricing.
Patience
ParticipantTumbles
Stear clear of 5991 in all cases; flat roof is a big draw bag and the house is a dog; understand it will soon be a REO6207 had a lot to offer; i too will be interested to see what the price actually was.
Agree with Bugs about stability of the area in regards to pricing.
Patience
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