Warren County Ohio Real Estate News and Observations: Can You Sell The Home You're Buying?

Can You Sell The Home You're Buying?

buy and sell, two sides of the same coinWait a sec, aren't you getting the cart ahead of the horse?

I haven't even BOUGHT the home yet and you're asking if I can SELL it?

I get it, you're looking at the home's suitability today and I'm crystal balling the future, that day when you just may want to sell that home.

You may be looking at the home and thinking it's a bargain!

As your agent, I'm questioning WHY it's a bargain?

Maybe it's truly a bargain for all the right reasons.

The seller HAS to sell now and we're in the right place at the right time to enjoy the opportunity.

Let's get that offer written and negotiated as quickly as possible!

 

But what if the home is a bargain for a negative reason?

School quality is sliding.

There's high power lines crossing the property.

There's a busy road next to the home and it's just going to get busier.

The community is VERY dependent on one major employer and the news in the finance section has NOT been good.

The neighbor's dogs make Cujo look like a friendly pup.

We could go on and on with possibilities.

 

The basic question to ask is "Can these negatives be fixed?".    If they can, and for a reasonable price, it may make perfect sense to proceed with the purchase.

If the negatives can't be fixed, assess just how much impact they can have on the home's sale.

We already have some evidence in front of us. 

How is the home priced relative to similar homes in the area WITHOUT the negative?

How long has the home been for sale vs. similar homes?

Those two data points can be good telltales on what you should expect years later when it's YOUR turn to be the seller.

I'm here to help you weigh the pros and cons.  If we do this well (and we should), both our lives will be considerably easier years from now when you call me back to help sell your home.

Serving Greater Cincinnati home buyers AND sellers,

Bill & Liz aka BLiz

Serving Warren County Ohio & Adjacent Areas

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Comment balloon 2 commentsLiz and Bill Spear • June 21 2019 02:57AM

Comments

Great questions you must consider when buying.  A smart agent will make sure you get the right house at the right price!

Posted by Kathy Schowe, La Quinta, California 760-333-8886 (California Lifestyle Realty) 29 days ago

Liz and Bill Spear - I tell my buyers, can you see yourself living here five or ten years from now? Those who listen and change their minds about buying because of the price are always grateful.

I really like how in depth you got here on this blog post. It tells me you really, really care about the people you serve and you know your market well. Buying a home should never be purchased on impulse based on price alone.

You really are good at what you do and very, very wise.

Posted by Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives (DFW FINE PROPERTIES) 29 days ago

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