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If a house has been on the market for 6 months..?

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limommer
LIF Adult

Member since 2/10

1073 total posts

Name:
Meredith

If a house has been on the market for 6 months..?

Do you think they would be more inclined to settle on thier price especially if it was a flip and nobody lives there? Is that the average market time for houses lately in this market? We are looking at it but we are not in any rush to make any kind of a decision. We are still deciding to move or expand!

Posted 2/12/11 7:54 AM
 
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Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: If a house has been on the market for 6 months..?

I would think a flip would be more eager to move, since they are paying mortgage and taxes and not living there.


but when we hit 6 months we were not in any real rush and not interested in negotiating much. Others may want to get out - it's so subjective.

Posted 2/12/11 8:53 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: If a house has been on the market for 6 months..?

it depends- if the flip is someone that does them all the time- they might have the bank roll to wait for the price they want

if they are on a smaller scale- they might not be able to afford a loss or they might just be eager to get their money back out

you never know till you make an offer

Posted 2/12/11 10:45 AM
 
 

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