The List Price
Yesterday I showed a home on the Isthmus with a list price of 141k. It sold just a few years back and had seen some recent updates but was priced below what the current owner paid and was languishing on the market. The home also had a list, as in the eastern edge of the home was probably 6 inches lower than the western edge. Other than the obvious difficulty of frying a decent egg on a stove that was not level, it was a fine house. Keep in mind that in hot markets or even in areas perceived as hot, you may feel forced to accept less than the ideal. Make sure that whatever you buy will be acceptable to the next buyer in a potentially less attractive market and you’re covered.
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
| Print article | This entry was posted by benanton on April 1, 2010 at 1:03 pm, and is filed under Blog. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
Good Fences
about 9 months ago - No comments
The last week has been a hectic one, it seems everybody is “getting back to work”. Fencing, not sword play but the screening and privacy type, came up several times with both current clients and a few that have already bought. When I shop with buyer’s we are always looking at the houses next door
What if?
about 1 year ago - No comments
I often wonder what would have happened if insight or experience had not told me to make the call, or second guess. I was half way through negotiating a counter offer on a near east side home for a client. We were hung up on some inspection language. They had checked yes in the c21
The Title Company, a necessary evil?
about 1 year ago - No comments
Maybe this only happens to me, but every once in a while people will get down on the title company, calling them vultures of the real estate industry with their nickel and dime fees, added costs and perceived bureaucracy. I had never called them all those names but they do sell title “Insurance”, which as
The Neighborhood Networker
about 1 year ago - No comments
I shy away from networking events. They seem fake and forced. The ability to show up, drink average beer, and pass out cards is not an indicator of excellence in any industry I am familiar with. That being said I love making connections. If you know me well you have probably heard me say “I
White house, blue house, old house, new house?
about 1 year ago - No comments
“Depreciates $2000 the minute you drive it off the lot.” We’ve all heard this justification for buying a used car versus a new one but how well does this relate to housing. Unlike cars, homes are supposed to appreciate. It was not until the most recent years that we have seen the opposite, or at
The Coop Scoop
about 1 year ago - No comments
You may or may not know that I keep some chickens in the yard so if that is a pre-requisite for your next real estate agent, we’re all set. If it is merely and added benefit that your agent can advise you on coop design and the suitability of your yard for poultry raising then
Four Dollar Coffee
about 1 year ago - 1 comment
I read articles all the time that link a spending habit or surge in one categories numbers to a different industry or market trend. Evidently the $4 coffee has seen a re-birth in the last few months. Starbucks and other purveyors of overpriced lattes are back in the black. Pundits, journalists and baristas alike feel
Paying The Piper
about 1 year ago - No comments
From an early age we learn lessons about our behavior and it’s consequences. Losing allowance for the household treasure you lost or broke, losing your car insurance because you drive like a teenage idiot boy are decisions that cost you money and teach you lessons. Why then is it so hard for people to understand
Do you need an agent to buy a home?
about 1 year ago - No comments
I pulled this from one of the local FSBO websites in Madison. I thought I might do some point, counterpoint. Do I need an agent? No! If you’re buying a FSBO or a Flat fee property they diminish the sellers ability to bargain. Yes, working a commission into your offer could eat up some of
Environmentally Friendly Features
about 1 year ago - No comments
Every time I list a house I have to fill out a profile sheet. This data is what becomes the MLS sheet with all its dimensions and numbers. I usually skip over the part for noting the “Environmentally Friendly Features.” I sell mostly older homes. Homes built before it was cool to be green (yet


