Sunday, January 22, 2006

For Sale By Owner in Silver Spring, MD

The house is listed on the MLS ( MC5465375 ) for 510K. It has 4br 2bath. It was built in 1947. It is located about 2/3 of a mile from downtown Silver Spring. The neighborhood is alright. It is located next to some slightly rundown apartment buildings.

So the owner has decided that it needs to be sold they put up signs stating 'Open House, House to be Sold Sunday, To Highest Reasonable Offer'



Handout flyers were even placed on cars in the neighborhood. In the flyers it said the house was open on Saturday and Sunday and that on Sunday night it would be sold to the 'highest reasonable offer.'
  • So how much will they be offered for the property?
  • What will they consider a 'reasonable offer'?
P.S. This house is just about 5 houses down from 8300 Hartford Ave. Should be interesting.