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djmcmath djmcmath is offline
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Join Date: Nov 2003
Location: West of Seattle
Posts: 4,718
Amazing, but not all that surprising. I see similar examples around here, though they're generally going for triple that in the DC area.

Want to know the funny part? I've put in three offers on DC-area dumps, houses that I think have enough structural potential, location potential, etc. to be worth _something_. On the first, the bank futzed around for 3 months before finally admitting that the winning offer was $60K more than ours (which was only $5K less than list), and in cash. The other two have been completely ignored by the respective banks. One of the banks wouldn't even answer their phones.

It's almost like they don't want to sell, or as if they hope that if they hold on to these smelly trash heaps, they'll eventually be worth something. Bizarre.

Dan
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Old 01-03-2009, 03:19 PM
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