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I don't get it

Posted By Message

danielleandscott
My new 71 Super Beetle

Member since 5/05

13476 total posts

Name:
Scott

I don't get it

They want $500k and the house is outdated and needs TLC. Without seeing the house, I would say they need to go down at least $100k in price. With the way the market is now, real estate agents and sellers are going to have to come to their senses and realizes that the houses arent going to be worth what they were two years ago.
Scott

House

Posted 9/11/07 8:21 AM
 
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greenfreak
.

Member since 9/06

11483 total posts

Name:
greenfreak

Re: I don't get it

Heh. It even says "Sold As Is". Hello, major danger sign! Chat Icon

Posted 9/11/07 8:25 AM
 

JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

Re: I don't get it

Seriously I would love to know what some people smoke before they put their house on the market?? I have been on just about every RE site from here to NC and I am still amazed at what people THINK they can get. Chat Icon

Posted 9/11/07 8:26 AM
 

greenfreak
.

Member since 9/06

11483 total posts

Name:
greenfreak

Re: I don't get it

Check this out:

What 669k buys you in St. James. Less than a 1/4 acre. I've seen this house, it's not that big!

Even if we had the money, I would never pay that much for that house in that part of St. James.

People are crazy. Their punishment is that it's September and the house isn't sold.

Posted 9/11/07 8:29 AM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: I don't get it

Gotta love Smithtown Taxes, 12K for 1/4 of acre!!

Posted 9/11/07 9:14 AM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: I don't get it

Posted by greenfreak

Heh. It even says "Sold As Is". Hello, major danger sign! Chat Icon



I was going to say this as well. People need to start thinking in the NOW and NOT the PAST!

Posted 9/11/07 9:17 AM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: I don't get it

This is not a seller's market right now. People need to realize there is a difference between what they "need" to sell their house for and what the market can carry. Unfortunatelly, some seller cannot sell their house lower because of what their mortgage, etc. But I don't get it. If you cannot sell your house at a lower cost because you would lose money, why sell it? And if you must sell it in today's market, you have to accept the loss.

Posted 9/11/07 10:36 AM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: I don't get it

I think people have a biased perception of what their homes are worth. They have lived there 30 years, have done a lot of work, whatever the case is, people usually think (particularly in today's market) that their houses are worth more than the current market value. Its this combined with the inflated home prices from a few years ago that contribute to houses that are overpriced. Most real estate agents are going to tell homeowners the bottom line - what the comps are and when they think the house will realistically sell for. But many homeowners think, "well I think its worth X more than that," and the seller has the final say of the listing price.

Posted 9/11/07 11:00 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: I don't get it

that house is Seaford is very close to the water. It may be a location thing. I wonder what the comps are in the neghborhood.

Posted 9/11/07 11:16 AM
 

itkocak

Member since 7/07

7639 total posts

Name:

Re: I don't get it

Message edited 11/11/2011 5:03:42 PM.

Posted 9/11/07 4:44 PM
 

imthecindyofcindyandkevin
Four-nado

Member since 8/07

7972 total posts

Name:
Cindy

Re: I don't get it

Between the price and the taxes!!!!!!! Chat Icon

You'd be working all the time and never home to enjoy it!!!!

Posted 9/11/07 4:47 PM
 
 

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