Quote:
Originally Posted by secondcurve
There are two interested buyers who opened the bidding at $331,400 and $335,000. Based upon this and the fact that the seller is a city (read stupid government entity and God knows Laconia has proven this time and time again) I'm fairly certain that the fair value of the property is closer to the appraised value. Obviously, the bidders started the process low hoping to attain the property at a discount. The city should move to install a parking lot and I'm sure the offers will substantially increase.
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don't disagree here, but in the end it comes down to what someone is willing to pay
05-28-2015, 08:37 AM
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