Home Buying in 07508>Question Details

jcm923, Home Buyer in Haledon, NJ

What was the price of sale of a home?

Asked by jcm923, Haledon, NJ Mon Dec 3, 2012

Help the community by answering this question:



let me know the address of the home and I can find out the selling price for you.
I can offer a free market analysis for any home you are interested in buying or selling.
0 votes Thank Flag Link Tue Dec 4, 2012
Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guideline toward the SELLING PRICE.
Some Sellers believe that by setting the LISTING PRICE high, they can always come down, and people will make an offer anyway: WRONG! Buyers will just bypass the property and look at houses that are within their price range. And six months from now, the Seller will slowly start lowering the PRICE, (this is called “chasing the curve”) and Buyers will be asking the question; “What’s wrong with that house?” and “Why has it been on the Market so long?”
Other Sellers set the LISTING PRICE low, to attract multiple offers. (The correct strategy.) We are asked; “Aren’t you obligated to sell at this price if someone offers it?” The answer is probably not; for that to happen, you would first have to have only one offer, and secondly, the offer would have be exactly the same, down to the smallest detail, (please discuss this with your Realtor).
Another thought; Buyer will search for potential properties by groups; for example, $400,000 to $450,000, and $250,000 to $300,000. If your house is priced at $460,000 or $310,000, the Buyers will never see it. (something else to discuss with your Agent.)
Different Banks have different philosophies about pricing their properties: You cannot draw any conclusions without a good analysis.
Have your Realtor do a CMA, (Comparative Market Analysis) to help you determine your Offering Price. It is the surest way to determine the Market Value of the property.
0 votes Thank Flag Link Mon Dec 3, 2012
Which home interests you?
0 votes Thank Flag Link Mon Dec 3, 2012
You won't find the sold price of homes online very easily if at all most of the time. There usually is no intensive for anyone to create a site with history of sold homes on it. You will need to contact a Realtor or go to the courthouse to look up the sale.
0 votes Thank Flag Link Mon Dec 3, 2012
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