• Skip to main content
  • Skip to primary sidebar
  • Home
  • Ask A Question
  • Find Your Next Home
Real Estate Questions and Answers

Real Estate Questions and Answers

For Sale By Owner Question

May 21, 2019 by Rick Landuyt Leave a Comment

Q: i am look at a for sale by owner home, when asked how much they are selling their home for they said we paid 600K is appraised at 700K and we are motivated.. they house is in need of a roof, carpet, and painting and the bath needs updating.. it’s the largest in the neigborhood i am not sure what to do at this point

A: It sounds like they did not answer your question. I suggest having your Real Estate agent take you to see some other properties to compare. Then, ask them to do an analysis of the market (as it pertains to the house you are interested in) so you can see the ‘real numbers’. This should help your decision making ability.

Filed Under: Questions and Answers

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Ask Your Real Estate Question

Recent Posts

  • Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]
  • Homeownership Is Full of Financial Benefits
  • Latest Jobs Report: What Does It Mean for You & the Housing Market?
  • Don’t Sell on Your Own Just Because It’s a Sellers’ Market
  • Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

Categories

  • Baby Boomers
  • Buying Myths
  • Demographics
  • Distressed Properties
  • Down Payments
  • First Time Home Buyers
  • For Agents
  • For Buyers
  • For Sellers
  • Foreclosures
  • FSBOs
  • Gen Z
  • Generation X
  • Holidays
  • Housing Market Updates
  • Infographics
  • Interest Rates
  • Luxury Market
  • Millennials
  • Move-Up Buyers
  • New Construction
  • Pricing
  • Questions and Answers
  • Rent vs. Buy
  • Selling Myths
  • Senior Market
  • Short Sales
  • Time-sensitive
  • Uncategorized
COLDWELL BANKER PROFESSIONALS - RICK LANDUYT - 67395 MAIN ST, RICHMOND, MI 48062 - (586) 727-2741