I've done several comps in areas I have researched to be hot or up and coming. I have found that houses are being sold at an average of 225.665 a square foot. The low was 196.650 the high was 262.725. Based on these numbers I suspect that a house for 299,000 and having 1305 square feet is being sold at 228 a square foot. Does this mean I could potentially sell it for 262 a square foot netting 44,404.00
To me the answer is yes I now need to find out how to make money on the deal. Such as buyers agreement and reassignment clause. Then I need to find out how to protect the initial offer from seller to me to the new buyer. Any thoughts, suggestions
I've done several comps in areas I have researched to be hot or up and coming. I have found that houses are being sold at an average of 225.665 a square foot. The low was 196.650 the high was 262.725. Based on these numbers I suspect that a house for 299,000 and having 1305 square feet is being sold at 228 a square foot. Does this mean I could potentially sell it for 262 a square foot netting 44,404.00
To me the answer is yes I now need to find out how to make money on the deal. Such as buyers agreement and reassignment clause. Then I need to find out how to protect the initial offer from seller to me to the new buyer. Any thoughts, suggestions