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Old 05-31-2009, 08:35 PM
 
Location: United States
2,497 posts, read 7,491,129 times
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Seems here in the Midwest many people tend to think that what they have is worth so much more than what it really is. I see people with old rusty trucks in the yard with 170,000 miles and they want 1500. firm. Yeah, ok whatever keep dreaming. Not everyone, but it's kind of the mindset here to think your stuff is worth a small fortune, in bigger areas you tend to find better deals because there's more competition. One thing as far as being a seller (our home will be put up on the market soon); My 3 brothers and I took ownership of my Mom's house after she died. We are in no big hurry at all to sell so we will put the price at market value, not above or below, and we will live in it until it sells. We know how much we each want to walk away with and we don't hit it we won't sell, period. See, YOU as the buyer "hold the cards", but you must remember not all sellers are hurting for money, not all sellers are in a hurry to move so they will play hardball til' they see the $$$ they want. If you fall in love with the place and want it bad enough you WILL pay the asking price. Another side to it. Now as for the dude with the old rusty truck?...He's just insane!
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Old 06-05-2009, 12:11 AM
 
5,696 posts, read 19,176,600 times
Reputation: 8699
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Originally Posted by jc76 View Post
Seems here in the Midwest many people tend to think that what they have is worth so much more than what it really is. I see people with old rusty trucks in the yard with 170,000 miles and they want 1500. firm. Yeah, ok whatever keep dreaming. Not everyone, but it's kind of the mindset here to think your stuff is worth a small fortune, in bigger areas you tend to find better deals because there's more competition. One thing as far as being a seller (our home will be put up on the market soon); My 3 brothers and I took ownership of my Mom's house after she died. We are in no big hurry at all to sell so we will put the price at market value, not above or below, and we will live in it until it sells. We know how much we each want to walk away with and we don't hit it we won't sell, period. See, YOU as the buyer "hold the cards", but you must remember not all sellers are hurting for money, not all sellers are in a hurry to move so they will play hardball til' they see the $$$ they want. If you fall in love with the place and want it bad enough you WILL pay the asking price. Another side to it. Now as for the dude with the old rusty truck?...He's just insane!
I did end up buying a house. It was a hassle but we got the price we wanted. I think because the sellers got desperate. They needed to leave the country. I have to say this area did not experience the over inflation of pricing so the pricing stayed steady. I am happy to be a homeowner and glad I will not be looking anymore I took a huge loss on my home back in Detroit several years ago so I know the pain from both sides.
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