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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: alt.real-estate-agents - Date & Time for the message: Mon, 9 May 2005 23:30:50 -0400
/ Author of the message: "miamicuse" |
Title of the message: |
Is there something fishy about this transaction?
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Text of the message: |
Earlier this year I saw a property I really like, it was listed at 672K. After several visits, I decided to make an offer, and after my agent (not a buyer agent, but a transaction agent) gave me some comps I went and figured a starting offer of 625K. My agent agreed this is a reasonable offer and we prepared an offer. The offer has NO contingency other than the right to inspect, loan has already been pre-approved, it's squeaky clean. She went to the seller agent's office and called me from there, saying the seller's agent has an explicit instructions from the sellers to reject any offer lower than 650K immediately. Since 650K was more than what I am willing to pay, I move on and did not think twice about it. Was my offer too low? may be, may be not. Last week I was looked up the county's records and found that the property was sold for 500K. On the same day a mortgage of 499950 was taken by the buyer. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.