Irvine Dream
New member
O Hills said:Goriot said:thatOSguy said:Here's a good one:
http://www.redfin.com/CA/Irvine/28-Modesto-92602/home/5812194
OFFERS WILL BE ACCEPTED -ON SITE- ONE DAY ONLY!!! ?RAIN OR SHINE?. THIS SATURDAY JULY 19TH, FROM 11AM-4PM. OFFER FORMS WILL BE AVAILABLE -ON SITE- ALL DAY, FROM 11AM-4PM AND SOLD TO BEST OFFER / BUYER THAT PLACES AN OFFER ON SATURDAY ONLY!!!! * * * THE LIST PRICE IS THE RESERVE OR MINIMUM BID SUBJECT TO THE SELLERS ACCEPTANCE. PLEASE CONTACT YOUR REAL ESTATE AGENT FOR MORE INFORMATION? AUCTION STYLE SALE . .. NOT A SHORT SALE, REO OR DISTRESSED PROPERTY.
Why did they list it at $1.3 million a day before and do auction with an min bid at $705k? Trying to give buyers hint on the target price?
Anyone know if this house sold? Wonder how the auction approach worked out.
Rumor is they got a highest offer of 1.2 million but they were still taking back up offers.