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pricing: Are Real Estate Prices Being Held Back? - 07/03/09 07:25 AM
Like many real estate agents I am getting more than a little ticked off at how the government banks are handling the foreclosures and the sale of homes and condos. In my opinion, they are running the real estate market right into the ground. Of course, right behind them are the appraisers who are actually "untouchable" now thanks to the HVCC Home Valuation Code of Conduct. One of my favorite blogger's Chris Griffith wrote about this recently. Right behind them are the underwriters who yes work for the banks.
So do I sound ticked off? Well I am and right now I … (37 comments)

pricing: You Can't Discount a Discount! - 02/28/09 12:47 PM
Why do Buyers offer less?
Last week I showed a condo that was priced at $110,000 and it was actually in very good shape with newer items. The complex was built in the late 80's but the association has done a fine job of maintaining it and even recently replaced the roofs, siding and gutters. The fee's are still low and the unit was in a great part of the complex.
Get this the buyer wants to offer $90,000 - $95,000 because it is a buyers market. I wanted to scream "You can't discount a discount". Here's the best part … (10 comments)

 
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Ed & Cindy Knight

Shelby Township, MI

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Address: 8152 25 Mile , Unit G, Shelby Twp, MI, 48316

Office Phone: (586) 336-1506

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Ed & Cindy Knight share their notes about life in real estate. Along with Macomb County photos, local business, area cities and homes for sale.




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