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Did Friday the 13th affect your Real Estate World?
The stars, full moon and Friday the 13th aligned to cause mayhem in this part of the Real Estate world. What could go wrong did. Yesterday I wrote about "Hurry up and Wait", today I write about "how happy i am that Friday the 13th is over."
 
The day started waiting for a "clear to close" on a commercial deal, when it comes to light the buyers bank hired a rival company to complete a BPO instead of a "real" appraisal. Needless to say the bpo agent used comps no where similar to the subject and the value came in way lower than the sales price. An appeal to the bank when unheeded. I will have more to write about this next week. The buyer did not want to pay $1500 for a real appraisal and bank refused to look at anything their than the mill building, garage and downtown building, used as comps for an upscale commercial free standing building. 
 
 

 
Friday the 13th kicked into high gear as we waited all day for a seller to sign and return a full price no contingency sales contract which never came on a Manchester NH area home. It never came.
 
To complete the hat trick a ... more

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