Replies
7
Beach Fanatic
I was there but I missed that one. But the 4 story house that hosted the auction had its highest bid at $6 million. I am told both seller and buyer both want to close so it will go for that or a little more...
Beach Lover
The Preserve home went for $424,000 plus buyers premium.
Banned
The Preserve home went for $424,000 plus buyers premium.
Which house was it. Do you know the square feet, etc?
P.S. Did I see that you sold something recently for a little over 3.? JC
Beach Fanatic
Does a buyers premium get added on to the bid price when the home's official "price" is listed like at the PA site? So would this house show up as a qualified sale; and at $424,000 or $424,000 plus premium..say $466,000 if premium is %10?
Edited
Beach Lover
Which house was it. Do you know the square feet, etc?
P.S. Did I see that you sold something recently for a little over 3.? JC
Yeah, sold my Bay home at 3.48m. Let me know if you see any steals on lots or homes.
Banned
Yeah, sold my Bay home at 3.48m. Let me know if you see any steals on lots or homes.[/quote
I want to be you when I grow up. Congrats, JC
Beach Comber
Yes, the sales price of a home bought at auction is the bid price plus 10%. That is the price that gets recorded. I was at the auction and that house sold for a high bid of $422,500 plus 10% for a total selling price of $464,750.
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