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Updated over 7 years ago,
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Hello BP community,
So I have a dilemma. I found a duplex 4:2 in the Coral Springs area here in south Florida and it's a FSBO. The owner is asking for 290k which is way over priced for the property. I did some history on the property to try to stay some comps and noticed that he bought the property back in 2006 for 220k. I check on the Broward Appraiser website and didn't find any up to date transfer deeds or anything else other then the purchase deed. I checked on Zillow, Trulia, realtor.com and Redfin to see what properties sold in the last 6 months to year time frame but I didn't find any. The closest property that sold was a 6:4 and it sold for 310k. The other duplexes are advertised for 400k price range which is way too much. Next thing I'm going to do is check with a real estate agent for comps. Before that is there any advice that can help me? I called the owner and he said he was a landlord and tired of being one.
V/R
Jose Rueda