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Market Conditions in Milton : Real Estate Advice

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  • Home Buying2
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Activity 3
Thu Aug 11, 2016
Mtanory asked:
Do homes in The Manor Golf and country club hold their value? There are so many lots still available and prices have gone up significantly
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Thu Jul 18, 2013
Hank Miller answered:
I have a buyer in there closing next month and others that looked in there, drop me a line if you're interested in an opinion.
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Mon May 7, 2012
Mr Larry answered:
Check the foreclosures in your area. Foreclosures have really skewed comparables during the down real estate market. Your insurace company bases its coverage more than likely on the cost to replace it and not market value. If you are paying real estate taxes based on a higher worth, you need to talk to your assessors office and get the tax bill down. If you continue to hold it, the down real estate will return to normalcy in time but when is the big question. For a long term investment, you are in good shape.

Because of all the litigation resulting from fraud in the mortgage business, my person opinion apprasiors have become ultra conservation. I would get a very reputable appraisor who really knows your market to look at it again and I would ask him questions about the state of the market in your area.
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