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Updated about 8 years ago,
First house under contract
Hey everyone! After months of research and marketing for deals, I finally placed my first house under contract. The house was beautiful and needed little work so I took a chance even though their weren't any comps within a quarter mile and the PRD wasn't too favorable. To make a long story short, I'm now having trouble finding a cash buyer. I've had many bites, but once they run the numbers, they instantly become uninterested. Lesson learned, never place a house under contract if the comps don't look right.