Originally Posted by
Jim Becker
Stuff here goes Pending or Contingent within a day or two of listing. It sure would be nice to be able to find a $200-400K property around here, but that's just not going to happen! Sometimes, there's a property in the mid-300s that needs a ton of work, but those most often get scarfed up in cash deals to flippers. We have seen and bidding on a property at $480K plus escalator, but that sold for $510K which was above our ceiling for that offer based on the property. (would have had to build a building there and the logistics of that would have been "fun" due to the nature of access from the street)