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Old 06-03-2011, 09:08 AM
kentucky blue kentucky blue is offline
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Location: lexington ky
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Quote:
Originally Posted by graciegirl View Post
Our realtor says that if there are not enough showings than you may be priced too high.

Bill, of Bill and Brillo had a post on here saying that you should make your house priced as low as "you can stomach", and we followed his advice. Our home in Cincy burbs would have sold for close to 400K seven years ago, and we put it on the market for 299,900. We have had it on the market for a week and have shown it four times. The best way to see what your house is probably worth is to look on Trulia. It isn't really what it is worth, but what the banks will appraise it for. All the short sales have devalued all of our property, I believe.

We took Bill's tough advice just simply because now is the time for us to enjoy life. We are both 70.

Just sayin'. Not meant to offend.
Great advise,we are in a new and different real estate market.You have to do whatever it takes to get the property sold in today's market.My partner just sold her home for $40,000 under a 3 year old bank appraisal, and Lexington,Ky has a really stable market, with very few short sales or foreclosures.Good luck to you all , hope to see you at Market Square on the dance floor.