MY BEING A REALTOR AND A BUILDER MIGHT HAVE SOMEHTING TO DO WITH WHAT I'M SAYING. AFTER SHOWING MY NEW HOME LISTINGS AND THEN SOME SHORT SALES TO CLIENTS, THE DIFFERENCE IS NOT IN PRICE BUT IN THE CONDITION OF THE HOMES.ALMOST ALL THE SHORT SALES NEED WORK AND VERY LITTLE HAS BEEN DONE TO THEM EXCEPT TO LOWER THE PRICE. NEW HOMES ARE A MUCH BETTER VALUE FOR THE HOMEOWNER AND ARE CLEANER AND EASIER TO DEAL WITH. THE BEST WAY TO BOOST OUR ECONOMY IS TO SELL NEW HOMES AND TO GET THE BANKS OR WHOEVER TO CLEAN UP THESE HOMES SO THAT THEY APPEAL TO THE HOME BUYER. NEW HOME CONSTRUCTION PLAYS SUCH A BIG PART OF OUR ECONOMY AND WITH PRICES AND INVENTORIES WHAT THEY WHAT THEY ARE,NOW IS THE TIME TO BUY!
Anonymous
I admit, I was tempted by a bank/foreclosure sale. But, with my credit standing, I really don't know why if over the long run,it would gain inproperty value. Paul, is there a significant difference in the what a property value for a foreclosed vs. a new house would yield? How do I know if it is a good deal for my future?
--Just curious
Aug 06, 2008 02:53 PM
#1
Real Living 1st Choice Realty - Coral Springs, FL
Of couse there is a difference.First of all isn't there more value in home,that you won't be changing cabinets, appliances,a/c,roofs in the near future.Isn't there value in the home being up to date?Won't you be saving energy?How about the good feelings of owning something new.Talk to your realtor and have him show you a comparison and show you how much it will cost to upgrade the used home to equal the new one. Only you decide what is best for you.
Aug 07, 2008 12:42 AM
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