Quote:
Originally Posted by TiltonBB
How do you know it was an "overbuy" and not a property that was priced too low? How do you know the value was low without seeing an appraisal?
What difference does it make where the buyers are from?
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1) Someone like myself, watching my Lake Winnipesaukee acre quickly being eroded at the lake's edge--and could sell for two or three million dollars
and want a quiet spot on Lake Waukewan--wouldn't blink at this "overbuy".
2) Wealthy city apartment dwellers, facing a Governor's directive to move to a nursing home might jump at an "overbuy" to move here.