OhIsee.Then
DP Veteran
- Joined
- Feb 14, 2011
- Messages
- 1,581
- Reaction score
- 277
- Location
- MI and AZ
- Gender
- Male
- Political Leaning
- Other
Yes. There are others in the same neighborhood that are the same model; so we have several to compare to. We get sales prices from the county assessor, and estimates from Zillo and Trulia. We also look at many homes offered for sale etc. Yes, it went up about 10% from the time we made our offer and closed. It's 7 years old and has been vacant a lot of those years. An estimater that you can run online for new construction at specific qualities in its neighborhood comes in over at 200k. We paid 92,111. The seller (owner) had two homes, his old one and the one we bought. He was given a mortgage then a second and the banks shouldn't have; so they ended up with less money than they loaned.Wait, let me get that straight: you bought a house that now costs about 10% more than you paid for it?
Last edited: