Charlie Ragonesi Big Canoe Realestate's Blog: The word is Value

The word is Value

I posted about this a while ago . But recently I have felt the need to post it again. Many out there are looking only at foreclosures and short sales. But truth be told what they should be looking for is VALUE. Value can be found in short sales and foreclosures . But it can also be found in conventional sales. If you are a first time home buyer do not fall prey to the media hype and limit yourself to looking at one type of property. Let your Realtor show you value. What it s called after that , short sales etc etc. is really meaningless. Value dictates the amount of money you are going to spend. So why not make Value your key word when looking for a good deal?

4 comments • Charlie Ragonesi 706- 579-1098 • July 05 2010 03:26PM

Comments

Charlie - absolutely. When people tell me that they are interested in foreclosures, I usually say "oops, I thought your were looking for a nice condo for a very good price", and they start laughing.

Because that's what they are looking for, the value. Whether it is a foreclosed unit (REO), or a short sale, or straight sale...

Posted by Jon Zolsky, Daytona Beach, FL. FunCoast Realty, 386-405-4408 2 months ago

Well, Charlie, I don't think I see the word value out there too much. It sure is needed and I like your thinking.

Posted by Teral McDowell Plano Real Estate 972-795-2571 (Posey Properties ) 2 months ago

Hi Charlie:

Well said...

There are some great buys out there, and it doesn't need to be in the form of a short sale or foreclosure.

Posted by Toula Rosebrock -Broker/Sales Associate, Realtor, Lacey Township, Ocean County, (NJ, Diane Turton, Realtors, Forked River, NJ) 2 months ago

Charlie, absolutely.  A well priced conventional sale usually turns out to be an even better deal as it doesn't need any work.  Of course, the key is that it be well priced.  Since most appraisers are using foreclosures as comps, a regular sale that is priced right is usually just slightly above a foreclosure and is a deal that can't be beat.

Posted by Pinecrest | Coral Gables| Maggie Dokic, SFR (Prudential Florida Realty) 2 months ago

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