The sale of a $50,000 home in Colorado Springs for $20,000 was “no biggie,” according to the buyer.
Alexandra Waddell, owner of Lowes Flooring, told ABC News that she and her husband bought the home in March, just weeks after the market crashed.
Waddell said she initially put the house up for sale because she was interested in renovating it, and the house quickly sold, but then, after the collapse of the market, she thought the home was worth less.
Waddella, a mother of two, told The Huffington Press that her husband and daughter were “very, very excited” about buying the home, and that they didn’t need a down payment on the home to purchase it.
“I thought it was a very nice house, and I thought I could live with that,” Waddelle said.
“I think it’s a great investment.
We’re very excited about it.”
She added that she was “not worried about having any issues down the road.”
The house is located in a suburb of Denver, and is a former two-family home that was renovated in 2013.
It has a pool, swimming pool, and tennis court.
WADDELL said she bought the house for $2.5 million and has lived there for the past 15 years.
“We’re very comfortable,” WADDell said.WADDELL added that the home “was just a perfect fit” for her family.
“It was in such a good place, so I’m happy we had it,” she said.