^^ if you can afford that house, you can have me, as a gofer, to deliver anything you want, do not have to drive down to the grocery store. 
Btw, did Agassi’s house has A tennis court?
You should jump on this as it won’t last long with THAT price reduction!
@morrismm, when my son bought his apt, he put NO mortgage contingency against the advice of his lawyer. You are not going to successfully buy anything in this kind of NY market.
Agassi’s house had a tennis court.
Still over 20,000 homes in foreclosure in Tampa Bay area. About 1/3 are ‘zombie’ houses…homes abandoned by borrowers but not repossessed by bank yet.
On Flip or Flop, they’ve bought a few foreclosures, only to find that the owners have totally trashed the house as a big “eff you” to the lender. Concrete in the toilets, feces smeared on surfaces (okay, that’s just really beyond my ability to empathize with), appliances destroyed, etc.
DS just made it out of attorney review on his first (tiny) house.
Looks like it might really happen. Happy for him.
New homes from the low 700. Wow. Just wow. No yard, no view.
Townhouses starting at $650k on the recently razed site of a school bus depot, and proclaimed walking distance to Metro (but no clear way to get from point A to Point B as yet – an elevated walkway would be needed at that location).
New homes starting at 700K(up from 600k, 6 mo ago), no yard, next to rail road, in a BAD area, bottom ranking HS.
The daughter and son-in-law of friends found a house in Toronto that they loved. The asking price was $599,000, a starter home in a good location. Bids were to be in by 6 p.m. on Wednesday. There were 12 bidders and the couple we know lost the home by $15,000. It sold for $745,000.
@alwaysamom, bummer.
They are getting closer, you need failure to learn the market.
Alwaysamom,
Bummer. It took my s and his soon-to-be wife (I like the sound of that) 6 mos and 6 tries to get a house. Its nuts!
How does the asking and bidding war work? Does the seller have to set a specific number of days for the bidding? Do the buyers have to deposit money for the bidding?
@coolweather, the way it works here is the seller and their realtor set a date and time at which all offers are to be submitted and presented. Yes, they do have to include a check with the offer. At the designated time, the seller and realtor sit down and look at all of the offers and make their decision. It’s a crazy market here. I would find it incredibly frustrating if I was in the market today. 
^ @alwaysamom Thanks
For those fortunate to own houses that will sell for a large enough profit to bump up against the $250,000/$500,000 capital gains exemption:
^ It will be a pain for me to go back to get all the paperwork.
I don’t know if I can do that when I get older and don’t remember all the details.
I still have receipts from my home improvement but I think they are peanuts compare to the gain. So step up version for your heir is the way to go.
How far back can we get tax records from the IRS?