Foreclosure in Las Vegas>Question Details

Yapapa, Home Buyer in Las Vegas, NV

Why is the list price in the homepath much higher than the estimate from other site and even higher that most recent sale in the area.?

Asked by Yapapa, Las Vegas, NV Thu Jul 29, 2010

what is consider an appropriate bid for homepath listing

Help the community by answering this question:


It is best ot work with an agent who can provide comparative market prices for you that are the most recent. Also remember that many of the foreclosed Homepath homes were priced according to Broker Price Opinions requested by the selling bank. That bank may not be in this area and not aware of the tight market here. Also other factors may come into play such as the house may have new carpet, new paint, a now roof etc. Others may have a special quality like a Fireplace, granite countertops or other items which increase the home's value. Your buyer agent can help you decide what an appropriate bid is for a Homepath or other foreclosed home. Most foreclosed properties are selling at the list price or slightly above over the last 8 months.

If I can be of help in finding the right home or making the best offer, please feel free to contact me.

Andrea Packo
Buyer Agent for the MBS Team of Keller Williams
Web Reference:
0 votes Thank Flag Link Thu Jul 29, 2010
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