Ms. Williams, that all depends on the size, age and location of the home. We recently sold a nice older property for $85,000 in the area (we live in Pinetop Lakes C.C.), but there have been many sales for more than that. Please let us know the address and we'll be happy to get back to you promptly.
Hi Scott, You know it has turned around, the problem is the flavor of the month is homes under $200k and land is not seeing much activity no matter how low it is priced. We are clearly back on track with monthly escrows, the quality of the buyer is the problem, meaning their appetite for realistic pricing is diminished.
Buy now but wait to sell if you don't have to.
If you have to - be patient and consider how else you might sweeten the pot - furniture, home warranty paid by you, zero fixes for the buyer, etc.... more