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Home Selling in Mankato : Real Estate Advice

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  • Local Info0
  • Home Buying10
  • Home Selling1
  • Market Conditions1

Activity 3
Mon Jun 19, 2017
Roxannewehner asked:
This is the posting
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Sun Aug 16, 2015
Christopher Pagli answered:
It all depends on the current state of your market and what similar homes have sold for. If you have invested money in repairs and upgrades you will want to see if a return is possible this soon.

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Thu Mar 18, 2010
Keith Sorem answered:
It is not uncommon to have lenders communicate Orally (via email too) regarding terms so when the final agreements are placed in writing there is only one g0 round for signatures.

Looking at your market stats it appears that you have a downward trending market in terms of values, is that correct? Balanced from the inventory standpoint, or is it seller's market?

Your buyer needs to know the type of market. If months of inventory is below three months (which might be the case here with 450 homes for sale and 260 homes recently sold) then your buyers need to be aware that the sellers can "make the rules".

Good luck.
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