That’s a great story! Do you know why your friend was willing to sell below market? Was it just 6% below market - what they would have spent on fees anyway?
Well, they built the house (the husband was a contractor). It’s an integrated concrete form (ICF) house. They raised their family in the house and had lived in it long enough that it was all paid off. They didn’t want it to go to just anyone, so they asked us how much we wanted to pay and we came to an agreement on a number. They wanted to build a smaller retirement house and were just looking for enough to build that house (as in, they planned on building it themselves).
irrational|2 years ago