they have nothing in common.
Some homes are assessed incorrectly
what you need is CMA to determine the market value of the home you are interested in
email the property address and I will email you a CMA
I checked comps in the area and current houses for sale and sold houses; I feel the house is over priced. It also has a smaller sqft and lot size compared to other houses selling/sold in the area. I feel these issues have definitely hurt the sell of the house because you get a much larger house and lot size for far less than what this house is selling for in nearby locations.
The house has been price reduced multiple times now, and I want to come in with an offer at 15% under the selling price. Based on my research I believe this is a good starting point due to the fact that I make a great buyer for this seller, the small sqft/lot size/overpriced issue, house prices are still declining (2012 is on pace for -3% drop), and the fact that I have more leverage since it's a buyer's market.
Please let me know your thoughts! Thank you.... more