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Subject: Home Sellers Kaput?
From: Anonymous
Date: 11/16/2006 3:40:38 AM
Home sellers turning to auctioneers for
help. Discovery Bay, CA
http://tinyurl.com/yg6ddn
The Andersons' home started off on the
market in February at $525,000, dropped to
$485,000, and only a handful of people had
looked at the house. They started calling
"We Pay Cash for Houses" people, she said,
where they were offered an average of
$350,000.
Anderson said she kept her fingers crossed
and hoped the house would sell for $360,000,
enough to be out from under the home's two
mortgages.
The winning bid was $434,500. The Andersons
received $395,000.
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