Quote:
Originally Posted by TraceyMooreRN
We purchased a spec home and was listed for I believe 339,900 with builders discounter 329,000. However-during appraisal only came in at 332,000. So the builders discount was just an inflated value.
Only on the market 30 days -so not like it should have dropped that much however just an inflated price by the developer.
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Throw in the "bond of probably about $25000 which you owe as a lein against the property and, sorry to say, you are really "under water".