No One Showed Any Interest

By
Real Estate Agent with Century 21, The Real Estate Centre, 410-665-0200 Office 634480

No One Showed Any Interest

 

No one showed any interest.
 
I posted a house that was priced from $50,000 to $100,000 below market value. It was a detached home in Nottingham, MD which was priced at $207,000. No one showed any interest.
 
I posted about a program that the State of Maryland offers that allows for one to eliminate up to $40,000 in student debt and, at the same time, purchase a house. No one showed any interest.
 
Wake up people!
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Topic:
Home Buying
Location:
Maryland Baltimore County Nottingham Perry Hall
Groups:
Zenith Realty
Tags:
buy a house
eliminate student debt

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Rainmaker
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Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good afternoon Ron. I think you need to change something because this doesn't make any sense. Is the home ugly?

May 16, 2019 10:22 AM #1
Rainmaker
1,009,967
Ron Trzcinski, 410-935-5844
Century 21, The Real Estate Centre, 410-665-0200 Office - Nottingham, MD

Sheila,

The house is not ugly.  It is a HUD owned house that was listed by my brokerage.  My broker actually thought that it was worth $290,000, so he was surprised that HUD went with a price of $207,000.  It has since gone under contract.  I have buyers looking in that neighborhood, who passed on seeing this house and instead went right to the houses which were priced closer to $300,000.

May 16, 2019 10:55 AM #2
Rainer
390,546
Kathryn Sparks
Zenith Realty - Baltimore, MD

Ron,

The student debt relief program that Maryland has is an incredible program that more people should be using.

May 16, 2019 11:20 AM #3
Rainer
371,926
Karen Krzniak
Zenith Realty - Towson, MD

Ron,

Some people put a lower limit into their search criteria assuming that anything below it is not good enough.  They miss out on deals like the one that you mentioned.

May 16, 2019 11:27 AM #4
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Rainmaker
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Ron Trzcinski, 410-935-5844

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