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Old 11-14-2020, 01:30 PM
 
Location: Ballwin, MO
169 posts, read 180,069 times
Reputation: 495

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I don't know about the price reduction, NY Annie, but the listing shows public water and sewer if that helps. Also says it's being sold 'as is', so I would imagine reading the disclosures might give insight into that if you can get your hands on them.
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Old 11-14-2020, 04:19 PM
 
Location: southwest TN
8,568 posts, read 18,110,026 times
Reputation: 16707
Quote:
Originally Posted by MtDreamer16 View Post
I don't know about the price reduction, NY Annie, but the listing shows public water and sewer if that helps. Also says it's being sold 'as is', so I would imagine reading the disclosures might give insight into that if you can get your hands on them.
I missed the "public water/sewer" - so thanks for that. At least that removes the possibility it needs a new septic system - which would be the most expensive of the issues I can imagine. And that's why I asked for new eyes - I know what some things might be needed here.

JackMichigan - The newly refinished floors indicate this might be a flip.


To all who have given input, thanks.

Yes, the house is vacant - mailbox is full - actually overflowing with the door open. There's a new board covering a window opening onto the carport - not sure what that's about.
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Old 11-14-2020, 05:16 PM
 
Location: NC
3,444 posts, read 2,819,181 times
Reputation: 8484
It looks like they've been trying to sell for at least a year, starting out at $75K. I think it's very likely it's either an estate sale or they've realized it's overpriced and dropped the price accordingly.
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Old 11-14-2020, 06:18 PM
 
8,574 posts, read 12,411,457 times
Reputation: 16533
Quote:
Originally Posted by NY Annie View Post
JackMichigan - The newly refinished floors indicate this might be a flip.
The floors look good, but I didn't think that they were necessarily refinished recently. The kitchen and the skirting to the outside deck--which would have been an easy cosmetic fix--led me to believe that it wasn't a flip. The fact that it was first listed for sale over a year ago, with the listing pulled last December and then not re-listed until October 29th seems to further indicate that it is most likely not a flip. (I wasn't able to locate the prior sales history.)
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Old 11-14-2020, 08:14 PM
 
Location: southwest TN
8,568 posts, read 18,110,026 times
Reputation: 16707
Quote:
Originally Posted by jackmichigan View Post
The floors look good, but I didn't think that they were necessarily refinished recently. The kitchen and the skirting to the outside deck--which would have been an easy cosmetic fix--led me to believe that it wasn't a flip. The fact that it was first listed for sale over a year ago, with the listing pulled last December and then not re-listed until October 29th seems to further indicate that it is most likely not a flip. (I wasn't able to locate the prior sales history.)
Thanks for that info. I feel a bit better about the house.

I thought I was a decent researcher. Would you care to share with me how you found the listing history?

Because of the overstuffed mailbox, I'd think someone was living here until recently, at least a week ago.

At any rate, I'll have to find a direct email address to the broker/listing agent to just get someone to respond to me, and even then, it's doubtful.


Thanks everyone, I really appreciate the input.
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Old 11-14-2020, 09:47 PM
 
Location: Kansas City North
6,817 posts, read 11,545,464 times
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I just looked at it on Realtor.com and it says it’s not for sale. That’s where the listing/price history is.
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Old 11-15-2020, 03:25 AM
 
8,574 posts, read 12,411,457 times
Reputation: 16533
Quote:
Originally Posted by NY Annie View Post
Thanks for that info. I feel a bit better about the house.

I thought I was a decent researcher. Would you care to share with me how you found the listing history?

Because of the overstuffed mailbox, I'd think someone was living here until recently, at least a week ago.

At any rate, I'll have to find a direct email address to the broker/listing agent to just get someone to respond to me, and even then, it's doubtful.

Thanks everyone, I really appreciate the input.
I happened to look on Zillow. Other sites had it as well.

The link that you provided now indicates that the house is off market. So does Realtor.com. (Zillow lags behind.) That may be why you haven't heard back from the agent--they may have received an offer after they lowered the price.
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Old 11-15-2020, 05:12 AM
 
8,005 posts, read 7,221,727 times
Reputation: 18170
Quote:
Originally Posted by Diana Holbrook View Post
Could just be a motivated seller who priced it optimistically and is responding to lack of interest or other price feedback.
Seems every seller in my town has this mindset. I tell new listings I'll agree to their optimistic asking price if they'll agree to drop it to my recommended price if no contract in three weeks. Problem is, they all seem to become married to the original price even though we discussed that it was unrealistic.
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Old 11-15-2020, 06:15 AM
 
Location: Black Hammock Island
4,620 posts, read 14,986,983 times
Reputation: 4620
Quote:
Originally Posted by jackmichigan View Post
The floors look good, but I didn't think that they were necessarily refinished recently. The kitchen and the skirting to the outside deck--which would have been an easy cosmetic fix--led me to believe that it wasn't a flip. The fact that it was first listed for sale over a year ago, with the listing pulled last December and then not re-listed until October 29th seems to further indicate that it is most likely not a flip. (I wasn't able to locate the prior sales history.)
Sorry I hadn't been clear about the type of flip ... I was thinking more of a contract flip than a reno flip. But if the house hadn't changed hands recently via a sale or auction, then a contract flip doesn't seem a possibility.
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Old 11-15-2020, 06:22 AM
 
Location: Black Hammock Island
4,620 posts, read 14,986,983 times
Reputation: 4620
NY Annie ... another option is to contact any other realtor, other than the listing agent and brokerage, and he/she could look at the MLS to see what is truly going on. If it is still on the market, that realtor could make the inquiries for you.
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