OK-Why isn't my house selling in West Hempstead (Garden City, Taylor: foreclosure, neighborhood)

[Mobilemoll]

Originally Posted by I_Love_LI_but

How would out-of-state people know enough about Hempstead (Village) to reject anything with the name Hempstead? Is it infamous everywhere or something?

I seriously doubt it. I mean maybe folks from nearby Metro Area states might have read a few things about Hempstead, but beyond that I don't see it.

I used to have leery feelings about WH because of the 'Hempstead' in the name but have since realized that it was unfair. I go to a salon there and the area is cool with me. I'm not saying that I know the place inside and out, but I could see someone wanting to buy/rent there (taking however the SD is into account).

[nyrnwriter]

Sorry but I grew up in GC and if you can find a box for sale on the street in GC for less than 200K you should get it-My parents got their house years ago there for less than 100 K and sold it last year (4 br with 3full baths, tudor, 2 fireplaces, great shape for 1.2mil so I highly doubt you are going to find one for 300K in this lifetime.
Thanks- got all the answers I needed for my questions-I will certainly lose as much clutter as I can- that is a great suggestion. The house is appraised at 425K so I think that 355K (neg) is fine and so did most realtors- they said we should see lots of action now since holidays are over and we have 4 viewings this week so I am thinking they are right- thanks everyone

[Walter Greenspan]

Originally Posted by TomMoser

I believe that a while back, there was a movement to change the name of West Hempstead.

Good memory, Tom, because about 8 years ago, the West Hempstead Civic Association was attempting to rally the community to change the name of West Hempstead to Mayfair Park, Mayfair Gardens or Echo Park, or, even, Lakeview.

[dman72]

Originally Posted by nyrnwriter

Sorry but I grew up in GC and if you can find a box for sale on the street in GC for less than 200K you should get it-My parents got their house years ago there for less than 100 K and sold it last year (4 br with 3full baths, tudor, 2 fireplaces, great shape for 1.2mil so I highly doubt you are going to find one for 300K in this lifetime.
Thanks- got all the answers I needed for my questions-I will certainly lose as much clutter as I can- that is a great suggestion. The house is appraised at 425K so I think that 355K (neg) is fine and so did most realtors- they said we should see lots of action now since holidays are over and we have 4 viewings this week so I am thinking they are right- thanks everyone

My point was that any house priced right will sell, which is always what the first answer should be when someone asks "why isn't my house selling?" Because no one wants to pay what you are asking, or they don't see it when they are looking because it's way out of their range. Of course you couldn't get an abandoned car in GC for 300K.

[Babui]

You are not going to get anybody buying your house for $355k since somebody on this thread mentioned that she just bought a foreclosure (with similar beds/baths to your house) for $255.

[Little_Miss_LI-NYC]

Originally Posted by natalie1977

hi i think it is hard to sell a home these days. the person who wrote that home values will go down is right. The other fact is that there are so many foreclosures that are better priced. I just moved to west hempstead in june 2008. My husband and I bought a move in condition foreclosure for 255,000. A 3 bedroom ranch, with finished basement with 3 more bedrooms with another bathroom. -perfect for a family of 7. And now before a real estate even shows you a house, they require that you are qualified for a mortgage so you dont waste their time.

Where are you finding good foreclosure listings that are not owned by agencies that charge fees for listings?

[TomMoser]

Originally Posted by Little_Miss_LI-NYC

Where are you finding good foreclosure listings that are not owned by agencies that charge fees for listings?

Check with a real estate agent. The banks list most foreclosed homes through brokers.

[Jackie78]

i feel your pain NYRNWRITER....LOL Our condo in Yaphank has been on the market since may 2008. We are one of the cheaper listings in our development, but still no offers. We have showings, but no offers...........:-( This kicker is that our condo has been totally updated from the bathrooms, kitchen, windows, doors, flooring, heating system.....etc. The new owner wouldn't have to do a thing....it's just unbelievable!

[rocafeller05]

Jackie78, if you dont mind what is the asking price?

Originally Posted by Jackie78

i feel your pain NYRNWRITER....LOL Our condo in Yaphank has been on the market since may 2008. We are one of the cheaper listings in our development, but still no offers. We have showings, but no offers...........:-( This kicker is that our condo has been totally updated from the bathrooms, kitchen, windows, doors, flooring, heating system.....etc. The new owner wouldn't have to do a thing....it's just unbelievable!

[Chroy]

Originally Posted by Walter Greenspan

Good memory, Tom, because about 8 years ago, the West Hempstead Civic Association was attempting to rally the community to change the name of West Hempstead to Mayfair Park, Mayfair Gardens or Echo Park, or, even, Lakeview.

Echo Park and Lakeview both sound good, Mayfair doesn't sound right to me. How did they come up with the "Mayfair Park and Mayfair Garden's names? Also, I see that the rallying didn't work, but how come ?