Quote:
Originally Posted by janht
So my question is, why do some homes stay on the market? Is price the big problem or are there other factors that tend to kill it even if it's bargain basement priced? Do dated interiors really turn most people off? What would absolutely rule out a home if you were looking now in TV? And the opposite...what do people jump on...are there ever bidding wars?
Throw it out there...any info appreciated!
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There was a house in our neighborhood that was for sale for quite a long time and there were 2 main reasons. The ceilings and walls were painted in colors that would not appeal to many and the price was too high and the owner would not budge on it. They repainted it and lowered the price and it finally sold. Yes dated interiors are a big turnoff to many people who either cannot update themselves or cannot afford to have someone do it. Lastly, yes, there are often bidding wars.