384 Waverly Avenue Sells
This one’s not quite pricy enough to make the weekly list of Top Sales but is worth noting. As you may recall from when it was a House of the Day in early April, the three-story brick house needs some fairly serious work, but it’s got some original detail left and is on a nice…
This one’s not quite pricy enough to make the weekly list of Top Sales but is worth noting. As you may recall from when it was a House of the Day in early April, the three-story brick house needs some fairly serious work, but it’s got some original detail left and is on a nice block in Clinton Hill. The asking price was $950,000 and the widget said $728,478. The final selling price? $860,000. Looks like the widget was even more pessimistic than it usually is. Let’s hope this purchase works out better for the new owners than their last, which was in the Mendel Brach-developed disaster on Spencer Street.
House of the Day: 384 Waverly Avenue [Brownstoner]
384 Waverly Avenue [Brooklyn Properties] GMAP
By definition – the buyer of any property is the one that is willing to pay more than all others. So I do not think the logic ‘widget is smarter’ is accurate.
Question: was the widget more pessimistic than usual or was the buyer just prepared to pay a more inflated price than usual? Based on the last few sentences of Mr. B’s comments, I would say the widget was probably smarter than the buyer in this case.
wonder if this ppty was possible to get normal financing or was it a cash deal or FHA 203k
widget was pretty bad on 43 3rd St too.
http://bk.ly/lfZ