Market Conditions in Swansea>Question Details

elaine62457, Home Buyer in Swansea, MA

why is this on the market it cannot be sold for 168.500 only can be sold for 150,000 and she won't sell

Asked by elaine62457, Swansea, MA Sun Sep 22, 2013

This question was asked from http://www.trulia.com/property/3049344538-166-Pinehurst-Ave-…

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Answers

7
You can check out the current estimated valuation online http://www.OnlinePropertyValue.com
If you need any help please call 508-813-6875 or email me broker@reavolv.com

Denis DaSilva Broker / Owner
REAVOLV Real Estate
http://www.REAVOLV.com
0 votes Thank Flag Link Fri Oct 18, 2013
One of the problems with sites on the Net that only sell ads or just collect email addresses to resell, is that the info on their pages is often meant to cause you to provide an email address and name or phone number for them to sell.

I'd spread the word to use actual real estate professionals' sites rather than ones where the correctness of the data is not as important as gathering and selling your name and email to the highest bidders.


(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)

http://www.robertpaul.com/agents/4799-Heath-Holly-Coker
0 votes Thank Flag Link Mon Sep 23, 2013
As you know, market value is established by what a willing seller and an able buyer agree upon.
In your question, you appear to be an unwilling buyer and the owner an unwilling seller.
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Noting new there.
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If you turn out to be the ONLY buyer interested in the property, then YOU only dictate how long the home will remain FOR SALE. Too often there is more than one buyer with interest. The skills of the professional involved will be required to get the seller and buyer to agree.
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The passage of time is often the secret sauce that compels an agreement. Let see what happens.
0 votes Thank Flag Link Mon Sep 23, 2013
I am the willing buyer and can pay what the seller is asking for but the seller does not have the RIGHT to sell at 168,500. - the seller is only allowed by CHAPA to sell for 150,000 per rider to the seller's deed which she signed at her closing - the seller's agent can get his behind in a bit of trouble by not disclosing this info to me, the willing buyer
Flag Sun Sep 29, 2013
I think she means she can’t pay $168,500 for it, I don’t understand why some people will pay a dollar a pound for bananas but they do.

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.
Web Reference: http://jamessimms.com/
0 votes Thank Flag Link Mon Sep 23, 2013
Hi Elaine,

not quite sure what your question is but the owner and/or his agent/broker can ask whatever they want for the property. Sometimes sellers want to net a specific number and thus may be one of the reasons for rejecting lower offers
Web Reference: http://wenrealty.com
0 votes Thank Flag Link Mon Sep 23, 2013
I too am confused about your question. Can you clarify?
0 votes Thank Flag Link Sun Sep 22, 2013
Hi Elaine,

I'm trying to understand your question but I don't get why it is that you state that this property cannot be sold for $168,500?

Bill
0 votes Thank Flag Link Sun Sep 22, 2013
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