House has been on the market since Oct. 07 and only 1 offer......... reduced it 10k twice and still nothing.
Anyone else selling a house?
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Is your reduced price in-line with other houses that are selling?Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted
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It all depends on the market. I am selling a flip with 2 partners and we are getting a lot of action including a very solid contingent offer in place.
We set our sell price dead on with comps in the area etc.
Good luck with your sale.Living in Virtual Reality
Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedwsComment
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Terrible time to sell now, not sure if it's an option for you guys, but I would hold them and rent them out instead of letting them go cheap...Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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good luck there hoping to see your right house hahahahahComment
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I just FINALLY was able to buy a new house. And if you've only went down 20k from your original price I think you're gonna find that at the moment you're not even close yet.
I went through 3 houses in Vegas that I was prepared to close on. The first two, the deals were set...then the bank appraised them: Both came in at over 200K less than what the owner COULD sell them for (upside down mortgage)
Deal was off.
I finally got sick of it and I'm closing on Sept. 22nd (flying straight from the Atlanta Forum to Vegas) on a great house. But the bank appraisal came in 100K less than what the owners wanted. I'm paying the overage out of pocket. That's how bad the housing market is.
On a side note...my current home is sold and I'm closing that deal with the buyer on Sept. 30th. I sold it for 80K less than I wanted. I had it on the market for 5 1/2 months.
Good luck bro. The market is a bloodbath right now.-Robbie
ClaudiaMarie.ComComment
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Remember what you lose on your house, you gain on your buy. Try renting out your current house till the market changes then sell it.Comment


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