Wow! He actually sold? Fantastic!
We have a house four doors down that was up for 225,000.
They dropped the price over and over until the couple moved back from FL because they couldn’t sell it at 125,000.
And let me tell you, the place is beautiful. New carpet, new windows, beautiful landscaping, the whole nine yards.
I have a cousin that just bought a house in Dearborn Heights that was in foreclosure for his son. The original asking price was $154K when it was put on the market. He ended up getting it for $36K! The mortgage payment is under $300/mo.!!!