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What do home buyers want?
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Anonymous Coward |
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How's the market by you OP? Could be there are a lot of comparable bank own houses listed at a fraction of your asking price. I live in a beautiful community on a lake. I could never sell my house right now for what I paid for it because there are bank owned homes going for a third of what they sold for 5 years ago.
Quoting: Anonymous Coward 899040 I have been reading that these bank-owned properties are on the decline. In my area you can see it. Plus many of them actually ARE distressed though they may not look it on the outside. One right in my neighborhood was purchased for like $100K less than asking but had to be COMPLETELY gutted (and I mean, down to the studs). Spoke w/ a contractor who was filling the dumpster and he said their work for the new owner will amount to $150K. So still, nothing's for free! Though people wish so
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