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Old 12-07-2007, 10:03 AM
 
12 posts, read 101,336 times
Reputation: 21

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Someone said that Valdosta, GA has experienced a 0.9% loss in the housing market. I live in Valdosta and I am considering buying rental homes. My question is what does that % mean to me in terms of actions I should take. Example: Should I offer sellers 1% less than the County assessed property value? People are still asking "normal" selling prices for homes. Any help is appreciated.
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Old 12-08-2007, 10:35 AM
 
Location: Johns Creek, GA
17,475 posts, read 66,074,768 times
Reputation: 23626
The percentage loss is to what?
Price, volume, new construction, resell?
And, assessed value has really nothing to do with price of home when selling/buying. Remember, price is determined by supply and demand. Assessed value is for tax purposes.
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Old 12-11-2007, 11:22 AM
 
12 posts, read 101,336 times
Reputation: 21
Thanks for the reply and pointing out the fact that the % loss needs a context.
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Old 04-28-2009, 03:35 PM
 
1 posts, read 2,855 times
Reputation: 10
Who is responsible for maintaining vacant lots in the city of Valdosta GA.??
Also when a house is rented who is ultimately responsible for maintaining this property?
It is very discouraging when buying a house, and working very hard to keep your property and your neighborhood a great place for you family, then renters move in and the area goes to pot!
Just tring to find out who can help with this.
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