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kev374
ParticipantIf a seller doesn’t want to cut the price to your liking just walk away…chances are VERY high that you will get your price in a year or two. At least one thing is certain, the long term trend for prices is DOWN. There are plenty of factors that will bring prices down and there are ZERO factors right now that will cause appreciation so walking away hurts only the seller, the buyer is king from now on.
The seller was king during the boom but as Newtons law says every action has an equal and opposite reaction 😀
ParticipantA $900k purchase w/ 20% down is still going to run you over $5,000 in PITI payments.
don’t forget opportunity costs on that hefty down as well
ParticipantA $900k purchase w/ 20% down is still going to run you over $5,000 in PITI payments.
don’t forget opportunity costs on that hefty down as well
ParticipantA $900k purchase w/ 20% down is still going to run you over $5,000 in PITI payments.
don’t forget opportunity costs on that hefty down as well
ParticipantA $900k purchase w/ 20% down is still going to run you over $5,000 in PITI payments.
don’t forget opportunity costs on that hefty down as well
ParticipantA $900k purchase w/ 20% down is still going to run you over $5,000 in PITI payments.
don’t forget opportunity costs on that hefty down as well
November 20, 2007 at 8:15 AM in reply to: Help Me Understand. What is the logic behind a large asking price spread? #101602Participantask any realtor. Price spreads NEVER work. The buyer usually gets comfortable with the low end of your spread and anything more and they feel like they are overpaying. Most sellers are expecting the median of the spread whereas the buyer is expecting to pay at the most 5-10% over the low end.
November 20, 2007 at 8:15 AM in reply to: Help Me Understand. What is the logic behind a large asking price spread? #101689Participantask any realtor. Price spreads NEVER work. The buyer usually gets comfortable with the low end of your spread and anything more and they feel like they are overpaying. Most sellers are expecting the median of the spread whereas the buyer is expecting to pay at the most 5-10% over the low end.
November 20, 2007 at 8:15 AM in reply to: Help Me Understand. What is the logic behind a large asking price spread? #101700Participantask any realtor. Price spreads NEVER work. The buyer usually gets comfortable with the low end of your spread and anything more and they feel like they are overpaying. Most sellers are expecting the median of the spread whereas the buyer is expecting to pay at the most 5-10% over the low end.
November 20, 2007 at 8:15 AM in reply to: Help Me Understand. What is the logic behind a large asking price spread? #101719Participantask any realtor. Price spreads NEVER work. The buyer usually gets comfortable with the low end of your spread and anything more and they feel like they are overpaying. Most sellers are expecting the median of the spread whereas the buyer is expecting to pay at the most 5-10% over the low end.
November 20, 2007 at 8:15 AM in reply to: Help Me Understand. What is the logic behind a large asking price spread? #101746Participantask any realtor. Price spreads NEVER work. The buyer usually gets comfortable with the low end of your spread and anything more and they feel like they are overpaying. Most sellers are expecting the median of the spread whereas the buyer is expecting to pay at the most 5-10% over the low end.
ParticipantWhy would a lender fix the rate this far below market for longer than a few more years?
well, not sure but the argument by the bulls is that it costs lenders a lot more to foreclose and it’s cheaper to adjust the rate.
ParticipantWhy would a lender fix the rate this far below market for longer than a few more years?
well, not sure but the argument by the bulls is that it costs lenders a lot more to foreclose and it’s cheaper to adjust the rate.
ParticipantWhy would a lender fix the rate this far below market for longer than a few more years?
well, not sure but the argument by the bulls is that it costs lenders a lot more to foreclose and it’s cheaper to adjust the rate.
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