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Back On Market - Investor's Remorse? Home For Sale in Wilmington, MA

By
Real Estate Agent with LAER Realty Partners

74 Salem St, Wilmington, MA

$ Click for current price
4 BEDROOMS | 3.5 (3.5 full ) BATHROOMS | 3158 SQUARE FEET

And I thought everything was going great until the investor buyer decided to back out - without home inspection!

Have you heard of Investor's Remorse?

A lot of house for the money! Plus excellent opportunity to own almost a history of Wilmington! Almost in antique home group, built in 1815 and still has lots of touches from 1970s! Very spacious home that needs your TLC to make it beautiful spacious 4 bedroom colonial which is situated close to highway for easy commute. Enjoy the summer at the inground swimming pool with unique slide. A potential billiard room, a bonus room, over unheated garage overlooks the swimming pool. Potential for accessory apartment for large families. Full bathroom on each level. Unleash your imagination to make this house your dream home. Sold AS IS!


Licensed in Massachusetts Keller Williams Realty. – a real estate franchise company.  All information provided is deemed reliable but is not guaranteed and should be independently verified.  Properties subject to prior sale or rental.  
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Show All Comments
Michael Dagner
Brokers Guild Classic - Denver, CO
Your Denver Homes Realty Expert

Hi Praful, there's a first time for everything I suppose.  Best wishes with the next buyer.

Jun 14, 2015 03:28 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

This still looks like a wonderful listing. Good luck with a new buyer. I am sure your sellers love your marketing even when there are bumps in the road.

Jun 14, 2015 08:28 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

It happens once in a while....

Jun 17, 2015 03:30 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

George Souto- a great idea! I like it! Investors will have a bigger remorse, then.

Jun 17, 2015 03:31 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Technically, the investors just backed out for no reason! So should they get their deposit back?

Jun 17, 2015 03:32 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

What's your take on this? (Perhaps my Q for tomorrow!)

Jun 17, 2015 03:32 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by Lise Howe - really appreciate it.

Yes, seller likes my marketing.

Jun 17, 2015 03:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

It's the way the home is - nees little TLC.

Jun 17, 2015 03:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by Michael Dagner  - really appreciate it.

Jun 17, 2015 03:33 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

True - first time for everything - including Investor's remorse.

Jun 17, 2015 03:34 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by Sandy Padula and Norm Padula, JD, GRI  - really appreciate it. Thanks for your kind words.

Jun 17, 2015 03:34 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

And yes, seller now likes me even more!

Jun 17, 2015 03:35 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

And I hope to get many more clients - as referrals from the seller.

Jun 17, 2015 03:35 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks for stopping by Bob Crane - really appreciate it.

Jun 17, 2015 03:36 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Yes, people are crazy for swimming pool! It does need cleaning though.

Jun 17, 2015 03:36 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Endre Barath, Jr. - you may be right!

The buyers wanted to delay for everything including inspection! And then P&S!

Jun 17, 2015 03:37 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

It's sad that some investor buyers think that they can do whatever!

Jun 17, 2015 03:38 PM
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Ask more questions about why they backed out - are they making multiple offers on other properties???

Jun 18, 2015 08:52 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Thanks Caroline Gerardo - you may be right - investors don't have any attachment to a place!

Jun 18, 2015 02:43 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Most likely they are making multiple offers with the assumption that they will get their deposits back!

Jun 18, 2015 02:44 PM
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