Why I REFUSED TO Pay Full Price For This House!
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- čas přidán 9. 09. 2024
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Who knew that a couple buckets of paint gives you that much equity 😵💫
Maybe it's time potential buyers started offering well below the list price and not worry about hurting the seller's feelings in markets where buyers should be more aggressive. Sellers were never concerned with how buyers felt as prices were skyrocketing. Maybe non-corporate buyers making realistic offers based on actual income levels for the area could help return markets to a healthy price range.
In UK 10% under asking is the norm
Crazy how just taking out the trash increases your equity so much lol
Just saw a house I was following on Zillow listed a 500k and sold for 550k in Riverside CA. 1004 sqft, 3 bedrooms and 1 bath. Lot under 12000 sqft. This is crazy.
Javier, I am a CT realtor and love your content. Just found you and I totally agree with what you said. Everyone talks about the national market, we are so elevated in the CT/NY/NJ area that whoever buys will have to stay put and love what they bought for at least 10+years. Wondering what you think of the NAR issues that are coming this summer.
I think you’re spot on your analysis
Can you do a video on a assume loan please
please
I am looking at a house in NJ. Sold for 550k in 2020 and on the market now for 950k…
Thank you for showing people how to run comps
It's depressing when you can tell neighborhoods or towns are purposely price gouging. They know there's buyers out there that will pay eventually (corporations) and they're attracting specific type of people to their neighborhood. No single family communities anymore. Just rich people owning everything
Real estate is one of the most liquid markets in the world with extreme price transparency, “price gouging” is near impossible.
@@lucaspm98 lol ok kid
@@DoubleOhSilver Real estate can be bought or sold very quickly, and in large quantities, without affecting the market price. Meaning one person over paying for a house, or one person listing their home for higher than the market can bear, is not going to affect the value. Hence price gouging is more or less non-existent in real estate.
@@starsick7 Happy to hear you have a well thought out opinion, not a reactionary take because you’re priced out by supply and demand.
@lucaspm98 what I said is true. You can spin the words however you want, I'm not here to argue or change anyone's opinion. If you're that desperate for attention I'd try your local pub.
Open door bought that house for 396k lol. I’ve seen many in the past year they’ve lost money on.
Propwire
Tells you the owners info and much more
in this example would you offer below price or ask for credit?
My area houses are selling for 10-20 over and mostly in cash
Let them. The market can't sustain anymore growth. Either they are idiots or they don't care about losing some money.
It's a 250k
If you were to choose between an existing construction vs. new construction in Arizona, considering it has similar payments, location, etc. which one would you choose and why?
Existing that's been upgraded already. Buying a new home today and adding the upgrades will put you back 60-70k...You have to add that in to a new build
Agreed.. look elsewhere.. 450k for a 1600sq ft home built in 1984.. nty
Is a 2 story 6 bed 3 bath still considered a single fam
yes
I did appraisal yesterday and it came out 5k of the deal price and I still getting another 5k credits. Plus, the seller is for paying the title.
Doesnt matter what YOU will pay...lol...matters what the market will pay
Who is the “market” made up of? Real people, right? When they get appraisals they use the same logic he’s using. If an appraisal comes back 40k under what the price is selling for, the average person won’t buy it.
@monicarenee7949 and this is why people in covid got burned they legit got played not going thru the appraisal process
It's not what the "market pays", it's what the property appraises at, unless you the cash to make up the difference