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Real Estate
Reply to "This must be some sort of housing bubble again"
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[quote=Anonymous]I'm with 8:20. I was looking in 2011 in an area where houses in my range were selling in a week or less. (North Arlington.) I had pretty much resigned myself to buying in South Arlington (for the same money) when a house that had been on the market for almost 2 months finally dropped its price again and was only $25K above my "max." I saw it and made an offer that day at just below list price, $10K above my "max." They hadn't done much to stage it, hadn't painted, and the baths were very old. It needed a bit of work, plus the neighbors next door had a bunch of crappy cars parked outside. I got the house for the price I bid, and it appraised $50K higher than I paid, and then $150K higher when I refinanced. (and the neighbors have moved out.) We love our house and neighborhood, and all it took was some imagination and moving quickly.[/quote]
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