Question Details

Steven S. Ge…, Real Estate Pro in White Plains, NY

Did you over pay?

Asked by Steven S. Geiger, White Plains, NY Thu Sep 18, 2008

How do you know you paid a fair price and you got a good value in the current market?

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Answers

1
Run the comps for no more than 6 mo, (3 is better) then whatever you or your buyer is ready, and WILLING to pay. If you are trying to guess the bottom, good luck. I have clients that bought 2 years ago and are still extremely happy even though there house now would sell for $30 to $40k less. They weren't buying to flip, they were buying a "Home".
0 votes Thank Flag Link Thu Sep 18, 2008
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