67 downs rd,Utterson,huntsville sale

[rjinda]

Hi,
 i am looking a second bidder for 67 downs road ,Utterson,Huntsville. Second bid was (16000). Call me if you wana make thousands. phone me if you like.

[baller50]

looks and sounds like an overbid .....

[worldjohn]

a half acre surrounded by heavy swamp with a rail line right along your property line.  Hopefully the house is salvagable or it is an overbid.  Did you actually see the condition of the house before you bid?

[rjinda]

Not a overbid. Just try to save some money.Assessed this property for 136'000,

[netpred]

Second bidder should consider whether it is better to make a couple of thousand or to encourage irresponsible bidding. To OP - be a stand up person and pay what you promised. If it is such a great deal you will make a huge profit anyways.

[worldjohn]

That high assessment was based on the value of the house.  If the house is rotting then the lot is worth the land value minus the cost of tearing down the house.  Netpred, I admire your principles as I hate overbidders as well and think everything needs to be done to discourage them. This would work well if everyone refused to sell second bids but greed wouldnt let that happen.  when it comes down to it and someone is offering u $5000 for your second bid would you really turn them down?  In theory I'd like to but I'd probably make them pay more to minimize how much they save.

[netpred]

That high assessment was based on the value of the house.  If the house is rotting then the lot is worth the land value minus the cost of tearing down the house.  Netpred, I admire your principles as I hate overbidders as well and think everything needs to be done to discourage them. This would work well if everyone refused to sell second bids but greed wouldnt let that happen.  when it comes down to it and someone is offering u $5000 for your second bid would you really turn them down?  In theory I'd like to but I'd probably make them pay more to minimize how much they save.

You will never go wrong sticking to your principles. I am pretty sure that I am a bit older than you and I can't even begin to tell you how many times things worked out quite well for me by sticking to my principles. You can't pick or choose which principles to follow or they would not be principles.

Having said all of that, If I was offered $100,000 or more for my bid, then I would have reconsider my principles.