How Auction Pricing Fools Buyers
Sunday, 08 April 2012
by Gary Kent
“Gary, I saw a home in an excellent neighborhood for $225,000 and am very interested. How soon can I see it?” Answer: I’m not sure where you saw it advertised, but that San Diego home is being auctioned and $225,000 is just the opening bid. It will end up selling for dramatically more…probably over $400,000.
- Published in Home Buying, Real Estate Tips, San Diego
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