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Originally Posted by Lil Dancer
I think its human nature to overprice our homes. We are going thru it now as well. My husband as done a lot of work on our home, and he sees more value in the home than the realtors do. I'd hate to see you wait 5 years or maybe more, and be missing out on a great life in The Villages. Sometimes you just have to pull up your socks, admit you made a incorrect financial decision, and move on. Best of luck to you.
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Lil Dancer, good post. Based on my 20 years as a realtor, I would agree that it is human nature to overprice your home. Owners do not want to listen to realtors ("they want to underprice my home for fast commission") because they know the "real" value. Upgrades and renovations that were done for your own personal enjoyment don't necessarily add to the value of the home. If I like carpets, your $15,000 worth of hardwood floors would be worth 0 to me. People are always looking for that elusive out-of-town buyer with money to burn who will think their over-priced home is just perfect. Yet strangely, when they move to TV, they are shopping for bargains like everyone else.
Most people contemplating a move to a seniors' community are probably in their 50s or 60s. Folks, you may not have a lot of healthy years left. Seize the moment, go for the gold!