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Cleveland OH Real Estate - How Much Can I Get That Home For?
Cleveland OH Real Estate - How Much Can I Get That Home For?


When working with buyers, we are often asked this question and the simple answer is this: we don't know!
I realize it may sound shocking that someone who professes to be a real estate professional would openly admit to not having an answer about something related to real estate, but the answer is complicated.
The final purchase price of a home depends on many variables, the most important being the sellers motivation. However, until the negotiating process has been played out, there really is no way to determine what a seller will accept for their home. In many cases, even the seller doesn't know what they will accept until they have received an offer and crunched the numbers.
I realize that buyers want some level of certainty and would feel more comfortable knowing everything up front.  Sure, it would be great if the listing you saw on line read, " great home, priced at $199,999, but the sellers said their bottom line is really $170,000."  Unfortunately, it just doesn't work that way. However, we do have some thoughts on finding a home's value that may be helpful.
To begin, market statistics mean alot ... more

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