how much is this home?

Asked by Danielle, 44708 Mon May 18, 2009

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Don French, , Canton, OH
Mon May 18, 2009
Hi Danielle-

Property was on the market for 387 days and was owned by the son of the listing agent. It failed to sell and went into foreclosure. Purchase price in 2002 was $88K and re-financed in 2006 for $118K which is way too much for this location. Owner was subject to numerous legal judgements against him for non-payment of his business taxes in 2006 which may have forced the re-fi to pay the debts. Foreclosure has now been cancelled and owner has moved out of state. I do not have an easy, free way to check bankruptcy records but seeing the financial issues here, it is possible that a pending bankruptcy has postponed the sale.

I would be pleased to help you with any property in northeast Ohio and will offer you a 25% commission rebate of whatever my office receives, that goes directly to you at closing so long as it is permitted by contract. I aim to be the best service provider in the area and provide exceptional, personal service to my clients. Thanks for asking!
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Jim Dvorovy, , Canton, OH
Mon May 18, 2009
Hi Danielle, That property expired in January of this year after being on the market for over a year. It was last listed for $125,000. The buying public voted with their pocketbooks that it was overpriced, and I have to agree.
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