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Although Coleman explained practically nothing like this has transpired in her 15 years in real estate property, the pandemic has designed a frenzy to grab up residences, and situations like Coleman's are showing up more routinely.
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“People today would like to feel that That is coronavirus-similar,” Brent claimed. “Certainly, there are those who don’t wish to market because of the pandemic, but we're inside of a housing crisis that's been constructing for years.”
The house was shown at this type of reduced (and unusually appealing) price tag issue due to court-mandated appraisal on the home, which was unoccupied because its proprietor died in 2020.
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For the reason that property was a fixer-higher in suburban DC, Coleman reported she thinks the lower price and placement designed the house an outlier. "The home really desired some enjoy," she claimed.