How To Avoid Over Paying For A Condo? Viewing condos online and attending condo tours are a good way to get familiar with condos and different asking prices. But do you know the true market value of a condo? This is a question faced by most condo buyers, because the asking price of a condo and the final sale price could be worlds apart! So how do you protect yourself from the dreaded over paying syndrome? Just like anything else in life, research and due diligence is strongly recommended. First you need to understand how sellers price their condos. As surprising as this may seem, there are four main pricing strategies used by sellers. Let’s Examine The Four Main Pricing Strategies Used By Sellers: Strategy # 1: Clearly Over Priced. A condo could be over priced by several thousand of d...
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