Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (79562)	6/15/2007 10:37:42 AM
From: Tradelite	Read Replies (1) \| Respond to of 306849

And if you have a house properly priced for its location and condition, AND you have a buyer on the hook who is hammering away at you for more and more price reductions or home improvements, you have a buyer who wants your house for some reason, even after you tell him to go buy his "perfect dream house" somewhere else. Play that buyer to the hilt. Many real estate people and homeowners who only know an easy, upward market don't understand how to deal with the new breed of buyer that the recent market has "created". Those buyers aren't as tough as they look, and once they pick out a house to "pick on until they get it", they are as vulnerable as sellers. Deal with both accordingly, and grow the backbone which some of them lack.

To: MulhollandDrive who wrote (79562)	6/15/2007 10:39:53 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

re: sellers will SPEND money to get their price Dumb! Realtor commissions, taxes, property taxes, etc based off of sales price. Sellers spending time and effort as well. Both sides lose. If the seller held the house less than two years then seller is effectively double taxed on improvements. Made improvements with after tax dollars to get selling price up, and then pays taxes again from profits of sale. When it comes to financial matters Americans in general are sadly lacking in reasoning ability.