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One Hour After It Was Put On The Market My Condo Sold For Top Dollar
Here’s why I feel so fortunate.
I recently wrote about putting my condo for sale.
It’s in a nice setting and it’s pretty quiet, except for the traffic and the trains.
It went on the market Friday morning at 8 AM. Between Friday and Saturday, there were 11 showings. By Saturday night there were 4 offers.
One couple was looking Friday morning promptly at 8 AM. They put in the highest offer, requested no inspections, and added a rider called an “appraisal gap” so if the bank doesn’t value the condo at the selling price, they will make up the difference in cash.
I never consider sales done until titles transfer, but there’s not much that can go wrong with this one.
Russia’s recent advanced invasion of Ukraine has affected the stock market. Fear and uncertainty on Wall Street has caused a huge plummet in some of my investments. Specifically, the money in a managed fund I need to move to my new condo. I didn’t panic at first…
