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distressed sellerscrashy [691 Posts] In my area there are 2 properties agents are advertising as 'distressed sellers'. A year ago one of these properties was listed at 380k, now listed at 280k. It seems there is just NO buyer interest out there ( I said buyers, not tyre kickers) limbo limbo...........
I might have a go @ 200k www.posigear.com.au Bayside propert... [8 Posts] It dose not matter what the market is doing you can always make money in real estate. good luck...   simple [80 Posts] Once you start getting this kind of discounted RE on the market, it will create chain reaction driving area prices down. It also create shock waves among those who already sitting on the fence, scaring them and they do further mistakes due to emotional decisions. ummester [217 Posts] crashy wrote:
One thing this forum has made me aware of is that you have absolutely nothing to loose. Put your 200K bid in and post how it turns out for you. |
User loginIn The NewsRBA Rate Drops Rate The RBA has just announced a 100 basis point drop to its benchmark cash target rate. Developers Expectant The Federal Government's $1.5 billion first-home package has stimulated the development market. RBA Rate Cut RBA delivers investors an early xmas present by cutting its benchmark by 75 basis points to 5.25% Today's TipYou should never pay more than 30 cents in the dollar in income tax <more> Active forum topicsCarly Crutchfield Home Study DVD Course Author: Paulyp What price do i need to declare to tax office ? Author: World Changer Who's OnlineTake The Test
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