want to pay even a higher price of $629,000? I can tell you it makes me not confident about buying a house with it's prices jumping all over the board. I was interested in taking a look at $550.000 and now the new price is out of my price range. Frankly, I'm a little angry because I was told by the listing agent that the showing would start up is a couple of weeks and that stretched into seven weeks and my backup house went under contract on the day this house was relisted at a higher price. Any realtors out there with clients feeling the same way?
Sox Fan,
If you were interested in these two homes, would you not want to know as much as possible before buying? My questions are not meant to be negative, but more on the inquisitive side. While I understand putting drain tiles in cost money, at 745 it cost the owner around $20,000 which did seem high to me, he raised his price by $80,000. I've asked the listing agent about this and she is more confused than I am. The owner felt his $20K warranted an increase of $80k so she put that price on. Have you seen the inside of the home? you really need to take a look before you say my comments are negative. They're not! Rather I saw what might take another $50-100k to correct the slanted floors on the second floor. This home has the looks of a home decorated in the 1960s decor. It took 7 weeks to install tiles while 736 got it done in a relatively short amount of time, about a week and did not raise his price. Anyone who buys this house will have to put a lot of money into it and time before it is livable.
I actually wanted to make an offer for 736 but it had been rented out until next February. So you see, sox fan,
it's not negative, only questions that others might answer whereas the listing agent might not speak as freely.
I would hope that when you want to buy a home or sell yours, you might remember some of these pointers. With the glut of homes on the market, I want to be sure I get the home that fits my needs the best. I wanted the location but the house had many drawbacks. I think it will be great if one is willing to spend time and money to renovate 745 and that includes the garage. I also took a look at the back yard recently after several days of rain. More bad news, the yard was swimming in water, it needs to be regraded so the water will soak into the grass.
Sox Fan, I really wanted 745 to work out for me. Good location, looks nice from the outside but the inside needed help. I'm not the type to renovate but someone out there will be able to do a good job with this one.''
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Sam, I gotta think that the agent who represents the seller of the house you make an offer on will really earn his or her commission. No, I'm not an owner of the homes on the 700 block of Central for sale. But you certainly have had a lot of negative things to say about these homes that you clearly have no intention of bidding upon.
Sorry sox fan. I don't own a home. I want to hear as many possible reason why certain areas seems to have water problems and why they don't sell. My main and only interest is to find an affordable home in a good neighborhood without any water seepage problems or overpriced home.
Now I must ask you why you distinctly point out my questions, Perhaps you are the owner of one of the two homes that I was interested in? Why don't you take care of your business and leave this forum for discussion that is helpful to the general public who have the right to know why these two homes are overpriced and have water seepage. But, you already know that , don't you?
Sam, perhaps you should have your own agent so that he/she could be watching out for YOUR interests and advising you about what's happening and when. You might not have missed out on your backup house. Or your own agent might have found something better for you in the meantime. If things happen fast in a particular property, you as an unrepresented member of the public, probably won't find out about it in time for you to do anything about it, but your agent would.
I wonder why Mr. Noopy finds it necessary to disparage this listing in three different questions. Is he trying to sell a competing property? If so, please no more Nixonian tactics please!
I will tell you that I am also constantly amazed when people raise the price on a home that hasn't sold for the lesser price. The only logic I can see is that they think the price was too low and the higher price will reel in buyers who are looking from perhaps $600,000 to $650,000 and these same buyers would not have caught this in their search at $550,000. As an agent for the buyer, I would then let my buyer know that somewhere along the line these people were willing to accept $550,000 and we should surely try to get it for that price or below.
Occassionally, people do renovation work during the listing period that actually does increase the value and then that should be reflected in a new listing price. It does not appear to me that that is the case for this property. I do not know their situation, so cannot tell you why they did this.
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