We Tell it Like It Is

November 12th, 2008 4:26 PM

The Buyers:  We are not wolves waiting to attack, however I guess we are kind of taking advantage of the sellers' vulnerability. We do feel sorry for the sellers, but this is our time now. We have the advantage of looking at many homes before we need to make a decision, so we will keep searching until we find one that speaks to us. We no longer have to put up with buying a house that might be a little too dark, a little too small, a little too big, not enough storage, not a great backyard, etc. Putting up with buying a less than perfect home -- that was so 3 years ago. Frankly, we don't care if your home is in a great neighborhood, on a really neat lot, has custom built whatever...and we don't care what the assessed value is or what you paid for it 5 years ago. If its not ready for us to move right into without doing a whole bunch of work, forget it. Unless its priced under $150,000, that is. The value of a home right now is not determined by an appraiser, an assessor, a real estate agent, or a seller. The value of a home is what a buyer is willing to pay for it. Period.

When you get an offer from us, you need to let go and understand that its nothing personal. We love your house and we are willing to buy it. That is a big deal in this market where homes sit for an average of 6 mos. before they sell. But, we are normally first time home buyers with barely enough money to cover our downpayment. So, we can't afford to put a lot of money into fixing up a house when we first buy it and we don't have the cash to pay for our own closing costs. If you don't work with us, it could be months before you see another offer and by then, it could be lower than what we're offering you now.


Posted by Karen Collins on November 12th, 2008 4:26 PMPost a Comment (0)

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