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Home selling at auction
Posted: Mon Nov 19, 2018 8:12 pm
by Ytmsn
Some of you guys know I sell real estate at auction as well as cars. I thought you might like to see what we have coming up. It's a pretty cool house that is online now. The auction will close on the 30th. If anyone is thinking about moving to OKC this place would be a dandy!
https://youtu.be/7Q1-WnjR_Q4
Re: Home selling at auction
Posted: Mon Nov 19, 2018 8:50 pm
by AsLan7
Very nice YT.

That has Tuscany written all over it.

Re: Home selling at auction
Posted: Mon Nov 19, 2018 11:09 pm
by Tuscany
Re: Home selling at auction
Posted: Tue Nov 20, 2018 6:31 am
by Ytmsn
In the auction world we never do appraisals. We let the buyers set the market. The county has this taxed at 1.3 and I'm pretty sure it will do close to that or more. We'll see. On property like this the buyer base is smaller.
When there is a reserve it doesn't necessarily mean it has to get there. He can accept or reject the highest bid when the auction closes, and when they see the results from the focused marketing campaign and realize the market has spoken they usually accept, but not always. I feel pretty confident we'll get this one across the closing table.
Re: Home selling at auction
Posted: Tue Nov 20, 2018 7:15 am
by cmattj
Marvy! I loce the front portico! May be a little snug for just the wife and I at 5600 sqft.
Re: Home selling at auction
Posted: Tue Nov 20, 2018 7:33 am
by Tuscany
In the Vampire state where Liquid and I live, the property tax bill on something that new and big would resemble the mortgage.



.
No kidding!
Re: Home selling at auction
Posted: Fri Nov 23, 2018 6:32 am
by whitelightning
I was always taught, live way below your means, not way above it. No way anybody is retiring early owning that.
Re: Home selling at auction
Posted: Fri Nov 23, 2018 7:19 am
by Ytmsn
Ha! I'm with you WL, but this entire gated neighborhood is only houses like this. And actually there are quite a few retirees here. The club, golf course, HOA and prestige is what draws them here. Remember this is oil and gas country.
Re: Home selling at auction
Posted: Fri Nov 23, 2018 11:12 am
by whitelightning
Haha true.