On 14/03/2008, Mario Goveia <[EMAIL PROTECTED]> > Mario responds:
> Gabe Menezes wrote: > > > In Toledo Ohio they are giving them away, for free, Check it out :- > > http://www.realtor.com/search/searchresults.aspx?ctid=4180&ml=3&mxp=29&typ=7&sid=b64c3b8d81624f8eb141b574a94bf7f9&pg=1 > > > Mario responds: > > > I was really excited when I saw this information since I live near Toledo > and thought I could add to my growing list of real-estate properties at no > cost, so I ran out to capture the market for $0 price houses. The realtor I > called thought I was nuts. I cited this thread and demanded they give me all > those houses, immediately. > > > Unfortunately, what I found was that the Realtor.com website shows homes > scheduled for auction as $0 because no specific asking price has been set. > Some of these single-family houses with large yards in nice neighborhoods > have minimum bid prices that sound like the ridiculous prices they pay for > the walk-up tenements in London. RESPONSE: May be true what the man says, but where there are prices stated that is the minimum reserve price at auction and in effect if the minimum reserve price of a property is set at USD250 then it will sell. Since Mario wants to expand his ever growing portfolio of investments, he should attend the auctions. He should further mop up the market in Goa...he has been advocating that the property market there is a steal. As to the walk up London tenement, it would be worth more than this nice looking property in Toledo Ohio. £1 is now USD2.00;_ http://www.zillow.com/HomeDetails.htm?zprop=34758307 If the man could kindly provide any place in London, even a single bedroom that is on sale for the equivalent of USD100,000 then he would be doing many a London Goan a big, big favour -- DEV BOREM KORUM. Gabe Menezes. London, England
