Special offer

Remember "Rumour has it 22 Offers"?

By
Real Estate Agent with Re/Max Diamond Realty Inc., Brokerage

Remember I posted the above about a month ago?  It was a power of sale property.  I confirmed, that it did indeed receive 22 offers and it was conditionally sold.  The property was located on Escobar Crescent in Mississauga. 

It appears the deal has fallen through as it is for sale again.  However, there was so much interest at the list price of $299,000.00, that the price has now been increased to $329,000.00.  It will be interesting to see what happens now.

If you would like to see the listing on STRATUS or realtor.ca, the MLS number is W1588447.

Comments(1)

Sylvie Conde
Sutton Group-Associates Realty Inc., Brokerage - Toronto, ON
Broker, Toronto Real Estate

Am I missing something?  Why would a property with 22 offers be conditionally sold?
I had a power of sale with 12 offers, and the propert sold firm, $70,000 over asking.
Even if there had only been 5 offers ... not one was firm?

 

May 18, 2009 11:19 AM