If you don't have an Agent and are interested in someone who will work hard to earn and keep your business, I'd be happy to have a consultation with you.
Real Estate Masters, LLC
TCM Law Group
That being said, if it is a short sale, it may have been under contract more than once and the buyers couldn't get financing, or upon inspection, discovered defects they chose not to live with.
If the house has been inspected, and defects discovered, the selling agent must disclose all 'material facts" that may affect the value of the house.
Are you using your own agent? Your agent should find get those answers for you. The listing agent works for the seller and will only tell you what they have to tell you.
be flexible on price.
Realty One Group
Make sure you have a home inspection. Also, check the area for possible negative factors, school systems, land fills, crime rates. You can always talk to the neighbors also.
You can definately try to negotiate the price. It does not mean the seller will accept it. They may be willing to go lower though since it has been on the market for 230 plus days. You won't know until you make a offer. Good Luck and I hope this helps you.
However, if the house really is still active, and has been on the market for over 230 days, then likely it's priced too high. Have a Realtor do a CMA (comparable market analysis) on the property to determine what it's really worth in today's market. Pay no more than that figure. Likely offer less.
And that answers your question about negotiating. Of course you can negotiate. You usually should. Your Realtor can give you some strategies for doing so. Repeat after me: Everything is negotiable.
Another possibility for long days on market is that the house doesn't show well, or there's some major problem with the house or location.
Sometimes the problems are just cosmetic--poor curb appeal, green shag carpeting, too much furniture, strong pet odors, etc. All those can be fixed, some without too much effort. But many potential buyers can't see past the surface. I've seen houses priced $100,000 under the market when all it would take would be $10,000-$15,000 to fix the problems.
And sometimes the problems aren't correctable. Maybe it backs up to a highway. Maybe it's underneath high power lines. So, in that case you have to buy cheaply, recognizing that when you sell the problems will still be there and your pool of potential buyers will be much smaller.
What you need to do is to find a Realtor (NOT the listing agent) around Ft. Bliss to do a CMA and to give you his/her opinion of the property.
Hope that helps.
That is a great question, but one that does not have such a simple answer. The property could have been on the market for a long time due to:
1. It is a short sale property and the lender is dragging their feet in the negotations, or the buyers have backed out and their is new buyers, and the process starts back over again.
2. It could have been priced too high and the agent has been catching up to the market, but once you start behind the market it is hard to ever catch up.
3. It could be a property that has been sold, and not changed status yet.
4. It could be in bad condition that is not represented by the pics.
As far as negotaiting the price it would be best to consult a buyer's agent in Texas and get their opinion of the value of the property.
What are you doing with your house here in Vegas?
Jason Allen Gardner, SFR
Exit Realty Imoti
Its not uncommon for agents to list the property on Trulia then not know how to cancel it as being available. The property could either be under contract, have expired, been foreclosed on or even has already sold.
My contact info is below. Shoot me an email with the address and I'll be happy to check on it for you. If for some reason this one doesn't work out, I can help you find something else.
Make sure you are being represented by a local Realtor, who is qualified to run those comps and advise you on what kind of offer to make.
Thank you and good luck.
If you haven't found a local Realtor yet, please let me know and I will refer one to you.
"Short sale Specialist"