The owners turned down a lowball offer just days after putting the home on the market, as they were confident more bids would come if buyers were given more time to visit
The three-bedroom townhouse has a standard two-storey design with a street-level entrance.The owners of this three-bedroom townhouse got a lowball offer just days after putting the home on the market but turned it down, confident more bids would come if buyers were given more time to visit. They were right – two more offers came in – but negations dragged on while terms were discussed.
“There’s always a demand for properties priced under $1-million, especially at this price at $700,000,” said agent Elias Ben Khelifa. “At that time of year, the bank interest rates were also coming down, and there were a lot of first-time buyers waiting for the right opportunity.”“There were not that many freehold townhomes in the area available for sale, and definitely not end units,” Mr. Khelifa said.This roughly 20-year-old townhouse has a standard two-storey design with a street-level entrance, an attached garage and a south-facing yard at the back of the 25-by 121-foot lot.
Done Deal Real Estate Nodelphi Donedeal
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