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Old 10-09-2009, 01:41 PM  
Varius
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Join Date: Jun 2004
Location: New York, NY
Posts: 6,890
Quote:
Originally Posted by Ayla_SquareTurtle View Post
I wouldn't want to take up your time not being a serious buyer, but I am curious how much a place like that would go for if you'd be willing to share. I was looking at some properties in CR and some of the deals seem to good to be true...

(edit) I saw the price on the page, duh!
I am going for $200K neg. May consider owner financing to the right person.

As comparables, condos in the same area about the same age but smaller and without nice finishings (ie. no granite/marble in kitchen/bathrooms, no jacuzzi, shitty floors) are going for the $180K range.

Originally, I bought it for $120K cash in late 2005 and one month later it was appraised by the bank at $150K. Value in the area has only risen since then, with lots of development going on.
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