Forum Replies Created
-
AuthorPosts
-
Raybyrnes
ParticipantLooking for the low priced home in the area. Not as concerned with aesthetics. Not looking for fixer upper. I can paint but that s about the extent of my handyman abilities.
Ideally 4 bed 2-3 bath 2500 square feet. Long term buy and hold. Looking to skip the housing ladder of ratcheting up.
ParticipantLooking for the low priced home in the area. Not as concerned with aesthetics. Not looking for fixer upper. I can paint but that s about the extent of my handyman abilities.
Ideally 4 bed 2-3 bath 2500 square feet. Long term buy and hold. Looking to skip the housing ladder of ratcheting up.
ParticipantLooking for the low priced home in the area. Not as concerned with aesthetics. Not looking for fixer upper. I can paint but that s about the extent of my handyman abilities.
Ideally 4 bed 2-3 bath 2500 square feet. Long term buy and hold. Looking to skip the housing ladder of ratcheting up.
ParticipantLooking for the low priced home in the area. Not as concerned with aesthetics. Not looking for fixer upper. I can paint but that s about the extent of my handyman abilities.
Ideally 4 bed 2-3 bath 2500 square feet. Long term buy and hold. Looking to skip the housing ladder of ratcheting up.
Participantsdrealtor
If I asked you to put your speculators hat on what type of pricing do you think might be possible under a best case scenario on per square foot basis for a buyer in this area.
Right now it looks like 275 to 350 per square foot. I have had an eye on this area aswell but wouldn’t go exotica on a mortgage just to get in. Could you see prices in the 200 to 250 range for this area?
Participantsdrealtor
If I asked you to put your speculators hat on what type of pricing do you think might be possible under a best case scenario on per square foot basis for a buyer in this area.
Right now it looks like 275 to 350 per square foot. I have had an eye on this area aswell but wouldn’t go exotica on a mortgage just to get in. Could you see prices in the 200 to 250 range for this area?
Participantsdrealtor
If I asked you to put your speculators hat on what type of pricing do you think might be possible under a best case scenario on per square foot basis for a buyer in this area.
Right now it looks like 275 to 350 per square foot. I have had an eye on this area aswell but wouldn’t go exotica on a mortgage just to get in. Could you see prices in the 200 to 250 range for this area?
Participantsdrealtor
If I asked you to put your speculators hat on what type of pricing do you think might be possible under a best case scenario on per square foot basis for a buyer in this area.
Right now it looks like 275 to 350 per square foot. I have had an eye on this area aswell but wouldn’t go exotica on a mortgage just to get in. Could you see prices in the 200 to 250 range for this area?
Participantsdrealtor
If I asked you to put your speculators hat on what type of pricing do you think might be possible under a best case scenario on per square foot basis for a buyer in this area.
Right now it looks like 275 to 350 per square foot. I have had an eye on this area aswell but wouldn’t go exotica on a mortgage just to get in. Could you see prices in the 200 to 250 range for this area?
ParticipantThink about the process. People sit down and discuss what comps are in the area and how their house compares. They next hire agents to come through and giver there opions of the home. They then hire a realtor and list list the home. They might build a little cushion in there to account for negotiation and seller concessions.
So after all this I find it doubtful that they are going to logically reasses their situation and come to a conclusion they should accept 25% off the price.
Now if the market continues to change and drifts down 25% it is at that point that they will adjust downward. It would appear to me that urgency is on the buyer when they are low balling. You are basically saying I want to buy, I want to buy, I want to buy.
If you feel the house is worth 25% less you are more than likely going to ahve to wait for a few years before the market agrees with your valuation.
ParticipantThink about the process. People sit down and discuss what comps are in the area and how their house compares. They next hire agents to come through and giver there opions of the home. They then hire a realtor and list list the home. They might build a little cushion in there to account for negotiation and seller concessions.
So after all this I find it doubtful that they are going to logically reasses their situation and come to a conclusion they should accept 25% off the price.
Now if the market continues to change and drifts down 25% it is at that point that they will adjust downward. It would appear to me that urgency is on the buyer when they are low balling. You are basically saying I want to buy, I want to buy, I want to buy.
If you feel the house is worth 25% less you are more than likely going to ahve to wait for a few years before the market agrees with your valuation.
ParticipantThink about the process. People sit down and discuss what comps are in the area and how their house compares. They next hire agents to come through and giver there opions of the home. They then hire a realtor and list list the home. They might build a little cushion in there to account for negotiation and seller concessions.
So after all this I find it doubtful that they are going to logically reasses their situation and come to a conclusion they should accept 25% off the price.
Now if the market continues to change and drifts down 25% it is at that point that they will adjust downward. It would appear to me that urgency is on the buyer when they are low balling. You are basically saying I want to buy, I want to buy, I want to buy.
If you feel the house is worth 25% less you are more than likely going to ahve to wait for a few years before the market agrees with your valuation.
ParticipantThink about the process. People sit down and discuss what comps are in the area and how their house compares. They next hire agents to come through and giver there opions of the home. They then hire a realtor and list list the home. They might build a little cushion in there to account for negotiation and seller concessions.
So after all this I find it doubtful that they are going to logically reasses their situation and come to a conclusion they should accept 25% off the price.
Now if the market continues to change and drifts down 25% it is at that point that they will adjust downward. It would appear to me that urgency is on the buyer when they are low balling. You are basically saying I want to buy, I want to buy, I want to buy.
If you feel the house is worth 25% less you are more than likely going to ahve to wait for a few years before the market agrees with your valuation.
ParticipantThink about the process. People sit down and discuss what comps are in the area and how their house compares. They next hire agents to come through and giver there opions of the home. They then hire a realtor and list list the home. They might build a little cushion in there to account for negotiation and seller concessions.
So after all this I find it doubtful that they are going to logically reasses their situation and come to a conclusion they should accept 25% off the price.
Now if the market continues to change and drifts down 25% it is at that point that they will adjust downward. It would appear to me that urgency is on the buyer when they are low balling. You are basically saying I want to buy, I want to buy, I want to buy.
If you feel the house is worth 25% less you are more than likely going to ahve to wait for a few years before the market agrees with your valuation.
-
AuthorPosts