Are you as tired of this mantra as I am?
I heard Donald Trump still use this as a Real Estate term the other night and it may well still apply in Manhattan. I really feel that in the market we are trying to recover from in Florida, we need to adjust this outlook.
PRICE, PRICE, LOCATION
Hopefully in 2008 we can change to PRICE,LOCATION,LOCATION but at the present time for the buyer the inventory is still at the point that you can specify the location that you are interested in pursuing in Florida. Your agent can then give you choices,investigate the circumstances of the sale,then make a offer with the price you are comfortable with paying and go from there. It all depends on research and giving your validation of price to the listing agent or owner. It takes work to get a deal but it can be done with a happy ending for all.
Deals
There are deals to be had in our market and more coming on the list everyday.
There are several bank owned condos that are priced to sell! Direct river condo,2300 sq. ft.,3/3 priced at $445,000. $200K less than the owner paid for the property. Direct ocean penthouse,$725,000, 3400 sq.ft.,4/3 1/2,2 car garage,beautiful beach,the unit needs some cosmetics but the price is well under market.
We also have a townhome in a oceanfront complex with private beach access,tennis,pool on the beach side,2br,2 1/2 baths,1 car garage and reduced to $199,900.
Friday, January 4, 2008
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