Quote:
Originally Posted by ReaItors Are Liars
Why are you buying now? The price declines here are just beginning.
It makes no sense for you to pay a grossly inflated price for a rapidly depreciating asset.
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I didn't pay a grossly inflated price. The owner of the home priced it to sell way below the current market value. At present day market value it's 70K below that. The same day it was listed is the same day I put in an offer. I negotiated and got a price lower than the asking price. Besides, I saw dozens of homes and this had all the things I wanted - well maintained, good floorplan, property size, and close to downtown. I'm very happy with my choice.