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Hello Investors, wanted to bring you up-to-date on the property in Pell City Alabama. Colsing occured on 10/30/2006... final price $306,000.

Click the link a couple posts back and scroll down to the bottom of the page for closing information.

That was $6k more than I estimated it would go for.

If it helps a few of you out, I can evaluate Alabama properties (a cursory, visual inspection of the property with digital photos) for a SMALL fee. Been doing this for 20 years, haven't missed the mark but a few times.

Later,
/reggie

You guys aren't doing your research.. that "million dollar property" is not worth 300k. I've inspected it, taken about a hundred photos and I can say with a degree of certainty, it's a headache. Citifinancial has been try sell it through a local realtor for most of 2006. They started at $384,900 on 4/18/2006 and when the property listing expired on 9/18/2006, the price was $364,900.

Here's the URL:

[size=9]http://bhammls.net/BAARReports/ListitLib/report_builder.aspx?category=&report=members_full_prop1&mls_acct=1296639[/size]