Friday, October 02, 2009

How many offers did this house get???















2952 Safford Ave might be one of the most popular homes on the market right now in Tracy, Ca. Its in a very nice area and the price is under market value.

Click here to see the MLS data......
(link good for 30 days after post)

Beds 4
Baths(FH) 3 (3 0)
2116 sq.ft Assessor
Lot Sq Ft (approx) 5663
Price/Sq Ft $106.33
Built in 2003

History:
Sold (08/10/2006)Selling Price: 600,000
Sold (05/15/2004)Selling Price: 465,000
Sold (06/30/2003)Selling Price: 439,000


Map:














As of this morning, the bank has not chosen an offer, how many offer do you think they have submitted to the bank ??? its been on the market for about eleven days. (answer below)


A. 10
B. 3
C. 44
D. 21

If you guessed C then you are correct. Each contract will be at least 10 pages long, plus the pre-approval and copys of deposit. All this paperwork for one home and it can only be sold once...... I guess its just to bad they cant sell the home 44 times. What are they waiting for?



<----- asset manager----

What do you think the final price and terms will be? My guess is 300K and cash. only time will tell. Brian Barringer

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