Quote:
Originally Posted by cook_dw
On the flip side. Did the guy offer $40K or was that the sellers asking price? Big difference. Sometimes money isn't the point of the sale. Just trying to give another side of the coin. At the end of the day if both parties were happy with the sale and purchase was it really stealing? Not like he held a gun to the guys head. Or did he..?.. 
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Maybe, maybe not. If the seller knew it was worth X, and knowingly put a price of X/3, then I agree with you. But if Uncle Jim told them it was worth X/3, and the family took his word for it, then they might be happy, but happy based on bad information. Not the same as happy based on good information.
People often say a good deal is one where both parties are 100% happy. I contend that a good deal is one where neither party is 100% happy. The seller sold for a little less than they wanted, and the buyer paid a little more than they wanted.