Quote:
Originally Posted by Shipping up to Boston
Just a hunch. Those types of deals happen more often than you think
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They often fail more often than you think, as well. Buyers will quickly purchase what they want. A windfall for the seller! But sometimes, homes attract NO ONE. It is best to buy a home that you can see yourself living in for years. Buying a home and speculating you will a make great profit quickly is not smart. I've seen many fail in their attempt.
You never hear these stories. If you visit MLS/VLS often, you will be able to spot them. They disappear when the realtor contract expires. Sometimes you will see them listed again after they have made some improvements. Others wait a year or so then try again.