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Old 11-10-2020, 04:57 AM   #28
ApS
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Question Voter Demographics?

Quote:
Originally Posted by TiltonBB View Post
How do you know it was an "overbuy" and not a property that was priced too low? How do you know the value was low without seeing an appraisal?

What difference does it make where the buyers are from?
1) Someone like myself, watching my Lake Winnipesaukee acre quickly being eroded at the lake's edge--and could sell for two or three million dollars and want a quiet spot on Lake Waukewan--wouldn't blink at this "overbuy".

2) Wealthy city apartment dwellers, facing a Governor's directive to move to a nursing home might jump at an "overbuy" to move here.
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