Thursday, December 01, 2011
4604 Norwich in Sherman Oaks closed yesterday at $592,000
4604 Norwich in Sherman Oaks closed yesterday for $592,000. It was listed at $550,000. We had six offers in the first week from qualified buyers and the lowest was $565,000. Although that sounds like it was probably an easy-peasy deal for me, it had serious challenges all the way through. I blogged about the weird appraisal earlier and may expand on that some day. Other issues: there was no money in the HOA reserves -- this was my very first time dealing with that, and we had to come up with ways to get it funded. Oh, the list goes on. As I said, I may blog more about this in the future.