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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Builder blow out unsold - recent buyer loses $100K value Posted by Daniel on September 23, 2006 at 8:14 PM In Reply to: Builder blow out unsold - recent buyer loses $100K value posted by The Short Sale Realtor on September 22, 2006 at 12:35 AM what area are you talking about. Just curious as I think the public will soon awake from their RE trip. : I just had a Short Sale prospect call me. : Prospect purchased a Condo Conversion for $300K in April 05. : I just ran comps: : There was one "re-sale" in early '06 for same model at $350K. : The Condo Conversion builder had many units unsold and recently sold many of the same models for $250K, 245K and $240K. : Now they are asking $235 for the remaining inventory. : My prospect was lucky she only paid $300K - what about the poor guy that paid $350K? I hope he wants to stay in the property for a while. Follow Ups: Re: Builder blow out unsold - recent buyer loses $100K value Heidi - Short Sale Realtor 9:00 PM, 09/26/06 (0) Post a Followup: Name : E-Mail : Subject : Comments: : what area are you talking about. Just curious as I think the public will soon awake from their RE trip. : : : I just had a Short Sale prospect call me. : : Prospect purchased a Condo Conversion for $300K in April 05. : : I just ran comps: : : There was one "re-sale" in early '06 for same model at $350K. : : The Condo Conversion builder had many units unsold and recently sold many of the same models for $250K, 245K and $240K. : : Now they are asking $235 for the remaining inventory. : : My prospect was lucky she only paid $300K - what about the poor guy that paid $350K? I hope he wants to stay in the property for a while. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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