Saturday, May 21, 2011

Super Price Reduction

Last year we went to look at this house, which was quite a lot more expensive. I think it was 199,000 and we saw it when it had been marked down to 189,000. Now it is a Fannie Mae home and they just alerted me that it is 89,900.

It's sad. I'm seeing quite a few of these homes that have been for sale for more than a year and are now in foreclosure.

The house I finally bought had been on the market for a very long time and had been reduced by more than a third in price. I love it and it was well worth the wait.



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