Comments on: The SE Michigan Housing Market - Problem and Solution http://blog.team366.net/2006/12/04/the-se-michigan-housing-market-problem-and-solution/ Ann Arbor Area Real Estate @ the Speed of Life Wed, 07 Jan 2009 13:24:18 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Black Tie Todd http://blog.team366.net/2006/12/04/the-se-michigan-housing-market-problem-and-solution/comment-page-1/#comment-126 Black Tie Todd Tue, 27 Mar 2007 14:11:55 +0000 http://mirealestate.wordpress.com/2006/12/04/the-se-michigan-housing-market-problem-and-solution/#comment-126 Marie, There is no "theory" in those articles. Those were actual transactions that took place. And no, the practice works for anyone who needs to sell. I sat a closing last year where the seller brought $25k to the table to get out from underneath the house! They had a need, priced the home accordingly, and faced the piper. Marie,

There is no “theory” in those articles. Those were actual transactions that took place. And no, the practice works for anyone who needs to sell.

I sat a closing last year where the seller brought $25k to the table to get out from underneath the house! They had a need, priced the home accordingly, and faced the piper.

]]> By: Marie Moore http://blog.team366.net/2006/12/04/the-se-michigan-housing-market-problem-and-solution/comment-page-1/#comment-127 Marie Moore Tue, 27 Mar 2007 01:33:55 +0000 http://mirealestate.wordpress.com/2006/12/04/the-se-michigan-housing-market-problem-and-solution/#comment-127 In Theory that sounds great! BUT the reality is that most of the "need to sell" buyers are tapped out with equity and have no room to lower their price and raise the commission unless of course they want to show up at the closing table with their checkbook! Have you taken a look at how many "subject to short sale" properties are being offered right now? Seriously, the statement in the above article really only works for people who have been in their home for a long period of time and/or have gained equity without using it all up in the process of living...So they really aren't the "need to sell" sellers are they...The article is misleading...I know...I sell real estate! In Theory that sounds great! BUT the reality is that most of the “need to sell” buyers are tapped out with equity and have no room to lower their price and raise the commission unless of course they want to show up at the closing table with their checkbook! Have you taken a look at how many “subject to short sale” properties are being offered right now? Seriously, the statement in the above article really only works for people who have been in their home for a long period of time and/or have gained equity without using it all up in the process of living…So they really aren’t the “need to sell” sellers are they…The article is misleading…I know…I sell real estate!

]]> By: miOaklandCounty » Blog Archive » Duh! If you don’t NEED to sell your house, GET IT OFF THE MARKET! http://blog.team366.net/2006/12/04/the-se-michigan-housing-market-problem-and-solution/comment-page-1/#comment-125 miOaklandCounty » Blog Archive » Duh! If you don’t NEED to sell your house, GET IT OFF THE MARKET! Sun, 17 Dec 2006 16:46:42 +0000 http://mirealestate.wordpress.com/2006/12/04/the-se-michigan-housing-market-problem-and-solution/#comment-125 [...] So when my favorite Ann Arbor blogger, Todd Waller, put out this post recently, I said, “AMEN TODD!” Please read Todd’s blog. [...] [...] So when my favorite Ann Arbor blogger, Todd Waller, put out this post recently, I said, “AMEN TODD!” Please read Todd’s blog. [...]

]]>