All Posts Tagged With: "price reduction"

Homeowners/Sellers In Denial

(post by BT) Today I met with a lady whose home is going into foreclosure. She has a 2-family house and both tenants haven’t been paying rent. Bought in 2005, at the peak of the pricing bubble with a 9% mortgage interest rate! She makes only $2,000 per month and put only [...]

1Apr2008 | | 0 comments | Continued

A Client Called Me Today… Referrals Rule!

(post by BT) A client called today. Said there is a property for sale, the owner just reduced the price by 20%, and he wants to buy it. I asked how he found out about the price reduction. He had viewed the property a few months ago, when it was for ‘sale by [...]

18Mar2008 | | 0 comments | Continued

Land for Sale - Broker Games That Kill Deals

(post by BT) A new listing came on the market. It was land for sale. Posting claimed you can build 4 2- family houses. Asking price was $1,250,000. Real market value $1 million. Called one of my clients up (an investor) and told him to check it out. After [...]

13Mar2008 | | 0 comments | Continued

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