Two Corporate Owned Condos in Center City-These units sometimes sell at HUGE reduced prices · Real-Estate-Investing.ExplainedOnline.Net

Two Corporate Owned Condos in Center City-These units sometimes sell at HUGE reduced prices

Akin to a foreclosure, corporate owned, or “Relocation” homes and condos in Center City Philadelphia are often marked down in order to get them to sell fairly quickly. I currently am aware of two such condos in town. In one instance, the condo sold in 2006 for $569,000 and is now asking $449,000.  And that is an ASKING price. The other condo will sell (my guess) for about $100,000 LESS than someone paid for it just a few years ago. Both condos are fairly new- one is a two year old condo in Ol

Original post by Philadelphia Real Estate Blog - Center City Real Estate

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