Talk of The Villages Florida - View Single Post - Depressed Housing Market?
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Old 03-23-2011, 09:30 AM
deano_hoosier deano_hoosier is offline
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Default Discount to Asking Price

On pre-owned homes last spring I did some research checking out price paid vs asked on pre-owned homes. Found that closing prices seemed to run around 5-7% below asking price. That said, we were able to buy our part-timer house at 10% below asking (it was sort of like an estate sale with children anxious to close out of father's interest in the house.)
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Columbus, IN and Aberdeen Proving Grounds, MD