Quote:
Originally Posted by retiredguy123
I always look at how much the seller paid for a house and how long they owned it. For a one year old house, I am not willing to pay more than what the seller paid for it. The real estate commission is a cost to the seller, not the buyer. It may not always be logical, but that is the way I view it. If everyone did it that way, there would be no flippers for a quick profit, as it should be. Houses are for living in, not as a speculative investment.
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Good luck ever buying a resale with those caveats...
The only way I see that happening is if the seller is in dire financial straits where time is of the essence, or if you're you're buying from an "estate sale"...
Either way, you're still competing with other buyers who live in the real world...