Realtor selling home?

Doodoo

Golden Member
Feb 14, 2000
1,423
0
76
Been house hunting lately and finally found a house i like. Looks like the house is currently owned by the real estate company though. Does this mean they bought it off the previous owners cheap and are turning around trying to sell it for a quick profit? The house is currently 490k...i want to see if i can get it for 450k.
 

Safeway

Lifer
Jun 22, 2004
12,075
11
81
$450,000 for a house where? Pictures? I can't stand the shitty build quality of McMansions. I'd rather pay the same for smaller but better.
 
Feb 6, 2007
16,432
1
81
Originally posted by: Safeway
$450,000 for a house where? Pictures? I can't stand the shitty build quality of McMansions. I'd rather pay the same for smaller but better.

Where is $450k going to buy a McMansion? My mom's house in Portland, OR could go for well over 500k and it's just an old Victorian. Granted, it's a large house, but it's no mansion.
 

Safeway

Lifer
Jun 22, 2004
12,075
11
81
Originally posted by: Atomic Playboy
Originally posted by: Safeway
$450,000 for a house where? Pictures? I can't stand the shitty build quality of McMansions. I'd rather pay the same for smaller but better.

Where is $450k going to buy a McMansion? My mom's house in Portland, OR could go for well over 500k and it's just an old Victorian. Granted, it's a large house, but it's no mansion.

$450,000 will buy a huge McMansion anywhere in Texas. Dallas, Austin, ... 4,000 square feet or more.
 

Doodoo

Golden Member
Feb 14, 2000
1,423
0
76
Its upstate NY. Pretty much your typical McMansion. Seems like alot of the houses in this area are raised ranches which I hate. Even with the housing market the way it is, most of the colonials are 400k and up. Houses have dropped about 10% in the past year around here. We're about an hour and a half north of Manhattan so alot of the commuters live up here driving the cost of living up.

Zillow just shows it was last sold in Oct of 05. Also shows annual taxes of 15k...holy crap...who the hell can afford those taxes??