If a home seller in Lethbridge Alberta is making money on their home, we should be happy for them.  What is important when you are buying a home in Lethbridge Alberta, is the current market and the value of comparable listings.  What a seller paid on a home might be a concern if they owe more on the home that it's worth, and there is a worry that they do not have enough funds to pay out their mortgage and sell the home.  

Via Michael Jacobs, Pasadena CA/SanGabriel Valley Realtor, 818.516.4393 cell (Coldwell Banker Residential Real Estate):

What The Seller Paid For Their Home Has No Relevance To Your Offer

 

Attention Pasadena Home Buyers:

 

What The Seller Paid For Their Home Has No Relevance To Your Offer or the Ultimate Sales Price

 

What The Seller Paid For Their Home Has No Relevance to Your Offer - contact Pasadena Realtor Michael Jacobs 818.516.4393 cell

 

 

 

The Pasadena real estate market is quite active - news of newly listed properties hitting the multiple listing service(MLS) and quickly receiving lots of attention - multiple offers and homes selling in excess of list price is not uncommon.    Still, I am asked the question:

 

What did the seller pay for the home?

 

What’s the purpose of this question?   Are you trying to determine the sellers’ capital gains? If the seller purchased five or fifty years ago - it really has no bearing on today’s sales price.  

 

When we work together we will review those properties currently available for sale as well as those in escrow and recently sold.   We will compare those to the property you are considering.   It is not a science and it’s not art -- but it is a blending of the two and definitely not subjective.   Throw in emotion and all bets are off.   

 

If there is a property you love -- I say step back before you step up and go for it.   

 

This is just part of a strategy of buying your next Pasadena home.  Would you like to know more?   Contact me at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.       



What The Seller Paid For Their Home Has No Relevance To Your Offer

 

Michael Jacobs

Coldwell Banker Residential Brokerage

DRE # 01165532

2065 Huntington Drive

San Marino, California 91108

Cellular:  818.516.4393

Office:  626.685.5246

Office Fax:  626.568.9507

michaeljacobs@coldwellbanker.com

www.camoves.com/michael.jacobs

 

 

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Jennifer is a Real Estate agent in Lethbridge, Alberta.  Some of her specialties include student buyers, out of town buyers, and sellers, and extensive Internet marketing of her properties. Whether you are buying, selling, or just want some information, just call Jen at 403-795-8783

Search Lethbridge MLS listings here:
www.viewlethbridge.com/searchmls.html

Jennifer Brodoway, Lethbridge Realtor
www.viewlethbridge.com


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Jennifer Spanbauer Brodoway

Lethbridge, AB

More about me…

Realty Executives

Address: 135 13th Street North, Lethbridge, AB, T1H 2R5

Office Phone: (403) 329-4663

Cell Phone: (403) 795-8783

Email Me

Author Bio: Jennifer Brodoway is an agent in Lethbridge Alberta. Some of her specialties include student buyers, out of town buyers, and sellers, and Internet marketing of her properties.

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