Quote:
Originally Posted by Gumby
I don't get it - you have stated multiple times that you felt the place was only worth $650k. Then why did you offer $698k?
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The only thing I can think of is he/realtor made a verbal offer of 698 to test the waters, which was verbally rejected. Because if it was a formal offer on paper and was accepted, he just paid 48k more than what they were wanting/ready to pay