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Originally posted by kosmicjack
I'm more than a little surprised anyone would even disclose that information. Do you think it is accurate? I suppose as a resident of the greater Atlanta area I'm wondering if its business or personal. I'm going to assume personal or they would never have disclosed where they work.
But just out of curiousity - Did they give any indication to your grandparents what interested them about the house or the area? Was it inside the perimeter or outside the perimeter? Close to the base? The airport? The CDC? Close to anything of concern or note? Was their last name Smith? LOL!
Originally posted by theutahbigfoothunter
VVery Interesting. Honestly the payment in cash is not the norm. However, given the amount an average CIA agent makes a year it does seem plausible. My ex-wifes brother works for the Pentagon, his wife doesn't work, and he was able to purchase a home in cash, his first year on the job. Given the fact that CIA operatives make even more from what I've heard I think this is entirely normal for people with these high paying jobs. The days of 50k/yr CIA jobs are long gone. On the other hand, I am actually interested in the dynamics you saw between the couple. Did they seem as if they were truley married in a realistic sense. If this was some sort of front, I believe the already stiff-like pedigree often stereotyped with CIA agents could be sublte, but evident. Not that I am an expert on highly paid federal agents, but I guess I'm asking if they actually seemed married to you. A lot of times you have to go with your gut, and I am feeling there must have been some red flags to make you believe this was an abnormal transaction or situation. Any odd details? Or hunches?
Originally posted by JIMC5499
Are you sure that they don't work for the Culinary Institute of America?
Seriously though, I don't see anything funny about their paying in cash, with the way thinks are going with the financial industry these days. Cashing out some stocks and immediately buying an investment property can be a nice way to dodge Capital Gains taxes. Do you know if they recieved a discount for the cash payment?
Originally posted by behindthescenes
Whoa! I'm not here to get anyone in trouble. I just wanted to share an interesting story. Did they buy the home at less than the asking price? Yeah, but not by much.
Was it because they paid cash? No, whether they leveraged with a mortgage or not made no difference to us. The purchase price was negotiated, based on the age of the home, repairs that will need their financial attention and ultimately, the market conditions.
Originally posted by eyewitness86
As a matter of fact, how do you know it was paid for in CASH? I am sure that a check was drawn from somewhere and only the attorneys would know if the check was from a mortgage agreement or was from a private account. And that would make no difference to anyone either, as long as the check settles the closing, where it came from is a metter for the buyers alone.
This is probably just a case of two CIA employees buying a home for investment purposes and if it was an ' underground ' purchase no one would have even heard the words ' CIA ' at all and the matter would have been done under a phony corporate account.