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It appears that most sellers and brokers are sitting on the sidelines this holiday, so the open house pickings are might slim. We couldn’t find much of interest, but feel free to use this thread to highlight anything you think’s worth a look.
Photo by wizardofthefiretopmountain


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  1. You know something? I was going to let this post slide. Then I thought “This is a wonderful example of Greed and Delusion”.

    “My parent’s lovely Victorian in Staten Island is on sale for $619k (put on the mkt 2 months ago). They’ve had a lot of interest (realtor says it has the most lookers and offers of any homes they are currently listing) but all 3 offers were low-ball ($530-550k) and the sense is that all buyers are holding out regardless of how good the deal is on a given house”

    Let me tell you what a “”Low-Ball” offer is. Sales price 619K, offer 310K. Most “low-Ball” offers are between 35-70% off the sales price.

    It boggles my mind that they are getting offers at this range (Off 5=10 of sales price). I view this are very positive but may cause the seller to overplay their hand.

    “So my parent’s put the house on at a true fair value taking into account the declining market (they could have gotten $775k 2 yrs ago), but buyers still want to lop off a large number in order to feel like they’re getting a deal.”

    The value of something is what someone will pay for it, not what you “want” for it. I’m willing to bet that your parents was trying to get more and saw the market turn this year.

    “I think my folks should just list it at a higher price honestly, they’d still get offers (it’s a huge, beautiful home) and the offers would just be more in-line with what they’re expecting. Regardless though, they will probably end up holding onto the house for another year if they can’t get their price, they are not in a rush if the right buyer doesn’t come along.”

    Plus I bet there is NO MORTGAGE on this house and the sales price of 550K would be generous enough but the disease of Greed and Delusion has taken over your family.

    You don’t have a “another year”, This is it! I glad you posted this little diddy.

    Thank you so much. I hope your parents get Assraped!

    The What (You thought I was going be civil huh?)

    Someday this war is gonna end…

  2. My parent’s lovely Victorian in Staten Island is on sale for $619k (put on the mkt 2 months ago). They’ve had a lot of interest (realtor says it has the most lookers and offers of any homes they are currently listing) but all 3 offers were low-ball ($530-550k) and the sense is that all buyers are holding out regardless of how good the deal is on a given house (for reference the house next door to theirs sold this past winter for $645k and it’s not a legal two-family nor is the lot size as usable as my parents’, also 2 ugly half-lot townhouses sold on the same block for $625+ a year ago as well).

    So my parent’s put the house on at a true fair value taking into account the declining market (they could have gotten $775k 2 yrs ago), but buyers still want to lop off a large number in order to feel like they’re getting a deal. I think my folks should just list it at a higher price honestly, they’d still get offers (it’s a huge, beautiful home) and the offers would just be more in-line with what they’re expecting. Regardless though, they will probably end up holding onto the house for another year if they can’t get their price, they are not in a rush if the right buyer doesn’t come along.

    Anyway, if any families are looking for a nice house in a very convenient location with low property taxes:
    http://newyork.craigslist.org/stn/reb/814026007.html

  3. 416 Pacific Street has been for sale for a while. There’s a sign on it listing an obscure broker. It was formerly owned by a Collyer-type crazy person who at one point allegedly left the internal sprinkler system on for 24 hours. It’s been cleaned out, but I have no idea what the condition is. I’m pretty sure there’s zero detail. Perfect for someone who wants a truly blank slate on a landmarked block.

  4. “How about a new tab called ‘Say What????’

    How ’bout you just ignore us? I don’t mean any disrespect but, if you’re not interested in our posts, why implicate yourself otherwise with the reference to ‘What supporters and haters’? It takes a little bit of reading (INTEREST) to decipher that.

  5. Biff and everyone else KNOWS The What and I are not one and the same. When you run out of arguments for a strong market and thus the shoring up of your property value, you resort to ridicule. Hence, the fun with names. Ask him to specifically describe how I was “exposed”.

    “Seems like things will get worse before they get better so why not get out while the gettings still relatively good?”

    Greed, and the denial that comes with it when the market turns, has no bounds.

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