Suppose someone bought a house in 2004 for $520,000 and gut renovated it (? $150-$200K in work). If they are desperate to sell now, how low do you think they'd go? its a swanky area,... (more)
but a small house.
posted August 24th, 2008 at 8:16pm in Toddler
NOTE: YouBeMom.com may earn a commission on links to Amazon.com and other third party retailers in the post. See Affiliate Disclosure for details.
64 Replies (log in or sign up to post a comment)
- ask them not us 8-24-2008 8:16pm
- just saw the house today. was thinking of low balling an offer and just found out how cheap the owners got it. 8-24-2008 8:17pm
- what are they asking? 8-24-2008 8:18pm
- $1.16 -- the house is mint, but very small. 8-24-2008 8:20pm
- They're fucking insane. 8-24-2008 8:20pm
- OK< CASE IN POINT LADIES....Clearly still much higher than 2004 levels, MUCH! 8-24-2008 8:20pm
- Asking ain't getting idiot. 8-24-2008 8:20pm
- oh, I understand that very well....but putting a house for sale also does not mean you will sell it to any one who comes a long 8-24-2008 8:21pm
- It's always your choice whether to sell or not. But you are an idiot if you consider asking prices - all that matters is selling prices. 8-24-2008 8:22pm
- I guarantee they wont take less than 800K or so. 8-24-2008 8:22pm
- Then they won't sell. And again, selling prices are below 2004 levels. 8-24-2008 8:23pm
- not on this house 8-24-2008 8:24pm
- Has this house sold? 8-24-2008 8:24pm
- well, we shall see, op is going to offer 900 dumbass 8-24-2008 8:25pm
- You must be a seller or a broker. You are such a moron. 8-24-2008 8:25pm
- Im so dumb? I am neither of what you mentioned. Op is offering 900K.....sorry hon,its true 8-24-2008 8:26pm
- ^^^oh, and further,she is concerned that it is too much of a low ball offer 8-24-2008 8:27pm
- Im so dumb? I am neither of what you mentioned. Op is offering 900K.....sorry hon,its true 8-24-2008 8:26pm
- You must be a seller or a broker. You are such a moron. 8-24-2008 8:25pm
- well, we shall see, op is going to offer 900 dumbass 8-24-2008 8:25pm
- Has this house sold? 8-24-2008 8:24pm
- not on this house 8-24-2008 8:24pm
- Then they won't sell. And again, selling prices are below 2004 levels. 8-24-2008 8:23pm
- I guarantee they wont take less than 800K or so. 8-24-2008 8:22pm
- It's always your choice whether to sell or not. But you are an idiot if you consider asking prices - all that matters is selling prices. 8-24-2008 8:22pm
- oh, I understand that very well....but putting a house for sale also does not mean you will sell it to any one who comes a long 8-24-2008 8:21pm
- Dude, that is ASKING. 8-24-2008 8:21pm
- yeah, I get that. No one says they HAVE to sell, good be if they get less than 1 mill they will stay put 8-24-2008 8:21pm
- Fine, but that has nothing to do with prices being above 2004 levels - selling prices are not. 8-24-2008 8:22pm
- they are in some levels....This house was bought for 520 then and at most they put 200K in ....Something tells me they wont take 720K 8-24-2008 8:23pm
- op: there is no way in heck that they would take $720. $720 gets you a shed in rye. so ittta. 8-24-2008 8:24pm
- these ppl on here seem to believe that its fire sales all over and in fact, ppl are paying you to take their homes off their hands...so dumb 8-24-2008 8:26pm
- maybe that's the case in florida/nevada, but westcheter is doing ok -- no great -- but no fire sales yet 8-24-2008 8:30pm
- true about whole tristate area, no fire sales.... 8-24-2008 8:32pm
- maybe that's the case in florida/nevada, but westcheter is doing ok -- no great -- but no fire sales yet 8-24-2008 8:30pm
- these ppl on here seem to believe that its fire sales all over and in fact, ppl are paying you to take their homes off their hands...so dumb 8-24-2008 8:26pm
- op: there is no way in heck that they would take $720. $720 gets you a shed in rye. so ittta. 8-24-2008 8:24pm
- they are in some levels....This house was bought for 520 then and at most they put 200K in ....Something tells me they wont take 720K 8-24-2008 8:23pm
- Fine, but that has nothing to do with prices being above 2004 levels - selling prices are not. 8-24-2008 8:22pm
- yeah, I get that. No one says they HAVE to sell, good be if they get less than 1 mill they will stay put 8-24-2008 8:21pm
- Asking ain't getting idiot. 8-24-2008 8:20pm
- they won't get even 700. 8-24-2008 8:20pm
- nooooooooo, its a nice house. $700 buys you nothing in rye. i'm realistic, but thinking they are asking too much (op) 8-24-2008 8:21pm
- ita. there's no way they are taking less than $800K. sorry, op 8-24-2008 8:21pm
- ittttta 8-24-2008 8:22pm
- They won't have a choice in 6mo. 8-24-2008 8:22pm
- what do you mean they wont have a choice? How do you know why they are selling? Maybe they are seeing what they would get and then deciding what to do...You ppl are so "the sky is...(more) 8-24-2008 8:24pm
- oh, i was thinking of offering $900 ... i'm not crazy. 8-24-2008 8:23pm
- I would offer $900K then. that is not technically a lowball offer. 8-24-2008 8:24pm
- its $216K under asking, so i think its pretty low ball ... or i did until i realized what they bought it for! but the immediate area by the house has apparently gotten a lot nicer in...(more) 8-24-2008 8:26pm
- op, these ppl are nuts. Offer the 900K, sounds reasonable 8-24-2008 8:24pm
- I would offer $900K then. that is not technically a lowball offer. 8-24-2008 8:24pm
- ita. there's no way they are taking less than $800K. sorry, op 8-24-2008 8:21pm
- I was going to guess between 700-800. 8-24-2008 8:27pm
- nooooooooo, its a nice house. $700 buys you nothing in rye. i'm realistic, but thinking they are asking too much (op) 8-24-2008 8:21pm
- $1.16 -- the house is mint, but very small. 8-24-2008 8:20pm
- they got it cheap because it needed work 8-24-2008 8:19pm
- what are they asking? 8-24-2008 8:18pm
- just saw the house today. was thinking of low balling an offer and just found out how cheap the owners got it. 8-24-2008 8:17pm
- if they're desperate to sell, they have to take whatever they get. 8-24-2008 8:16pm
- how swanky are we talking? 8-24-2008 8:17pm
- great westchester townw 8-24-2008 8:18pm
- which one? 8-24-2008 8:18pm
- ryw 8-24-2008 8:18pm
- ^^ sorry, rye 8-24-2008 8:19pm
- 520 8-24-2008 8:19pm
- WHAT ARE THEY ASKING? 8-24-2008 8:20pm
- $1.16 8-24-2008 8:20pm
- why are you shouting? 8-24-2008 8:20pm
- 750, I hear Westchester is selling ok... if I am not mixing it up with another $$ county 8-24-2008 8:20pm
- 800-900 8-24-2008 8:22pm
- WHAT ARE THEY ASKING? 8-24-2008 8:20pm
- 520 8-24-2008 8:19pm
- ^^ sorry, rye 8-24-2008 8:19pm
- ryw 8-24-2008 8:18pm
- which one? 8-24-2008 8:18pm
- great westchester townw 8-24-2008 8:18pm
- 800K 8-24-2008 8:17pm
- lol - ridiculous 8-24-2008 8:18pm
- things are still higher than 2004 levels in a lot of areas, a lot 8-24-2008 8:18pm
- where? 8-24-2008 8:19pm
- Teaneck, NJ 8-24-2008 8:19pm
- where? 8-24-2008 8:19pm
- see above, not ridiculous at all after all ladies, huh 8-24-2008 8:21pm
- You are a total moron. 8-24-2008 8:21pm
- why? because I am right and you are wrong? 8-24-2008 8:27pm
- You are a total moron. 8-24-2008 8:21pm
- things are still higher than 2004 levels in a lot of areas, a lot 8-24-2008 8:18pm
- lol - ridiculous 8-24-2008 8:18pm
- Offer $500k, be willing to go to $550. 8-24-2008 8:17pm
- no, no, not that low! its a nice house in a nice westchester town. 8-24-2008 8:18pm
- Clearly you know not of what you speak 8-24-2008 8:28pm
- probably worth 500 max now 8-24-2008 8:18pm
- fool! hahahahahaha 8-24-2008 8:28pm
- oh, honey, you rent, right? 8-24-2008 8:28pm
- are they asking in the 9's? 8-24-2008 8:20pm