tag:blogger.com,1999:blog-8549883549808884582.post4999802284736587782..comments2023-11-03T06:39:28.481-04:00Comments on NJ HELOC Heaven: Chasing down the MarketNJHHhttp://www.blogger.com/profile/14960316007304106542noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8549883549808884582.post-45511939419744749002008-08-12T20:23:00.000-04:002008-08-12T20:23:00.000-04:00Anon 7:59 - That's pretty great point about sellin...Anon 7:59 - <BR/><BR/>That's pretty great point about selling in ten years!<BR/><BR/>Many times when I find these articles I can't understand why people go public with this type of stuff. Did he think someone would fall in love with his house from the article and offer him the $450,000? Does he think he looks good jumping from one realtor to another? <BR/><BR/>I think with the stubbornness illustrated people would be more cautious about entering a contract with him. He hardly seems like he would negotiate anything found during inspection - and in a 100 y.o. house they will find something or other. <BR/><BR/>The other thing is the "barn" just looks like a garage with a second floor that takes a huge chunk of the backyard. The property may be large but does not look very kid friendly.NJHHhttps://www.blogger.com/profile/14960316007304106542noreply@blogger.comtag:blogger.com,1999:blog-8549883549808884582.post-65848752269105960602008-08-12T19:59:00.000-04:002008-08-12T19:59:00.000-04:00Watch. This seller will stubbornly remain in his h...Watch. This seller will stubbornly remain in his home for another 10 years, and finally sell to someone for his not-giving-it-away price of $450,000. Then he'll strut around saying "Ha! I knew the house was worth $450,000. Who is the dummy now!" not realizing that $450k in 2018 is not even worth the $350k he could have sold it for in 2008. He's a dope.<BR/><BR/>I also finger him as a dope in that he's been through 6 real estate agents in 3 years. At least two of them have publicly pointed out how stubborn and clueless this guy is. He fails to see that it isn't the agents or the buyers on the wrong side of the price line, it is himself.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8549883549808884582.post-44070504800967006982008-08-12T08:04:00.000-04:002008-08-12T08:04:00.000-04:00The seller could have sold it for $495,000 in 2005...The seller could have sold it for $495,000 in 2005 but was greedy. That offer-maker is probably glad now that they were turned down. This seller will be lucky if he can get above $350,000 and that is not going to change anytime soon.NJHHhttps://www.blogger.com/profile/14960316007304106542noreply@blogger.comtag:blogger.com,1999:blog-8549883549808884582.post-19621051453263415862008-08-11T23:20:00.000-04:002008-08-11T23:20:00.000-04:00The seller wants to have his cake & eat it too...The seller wants to have his cake & eat it too. In one paragraph, he speaks about selling the house at $525,000 at first and how it is still worth $450,000. Then towards the end, he complains that starter buyers expect too much.<BR/><BR/>Um, hello?!?! Starter home for half a mill? If you are asking that much, it better be upgraded top to bottom. But to ask that price for a place on a busy street with laminate counters and vinyl floors, you are on drugs.<BR/><BR/>In short, he'll choke on that house. Someone should send him a link to an online compound interest calculator.Anonymousnoreply@blogger.com