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Updated about 4 years ago on . Most recent reply

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15
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Loubert Jean Philippe
  • New to Real Estate
  • Dutchess County Poughkeepsie , NY
4
Votes |
15
Posts

Property on the marker for more than 90 days

Loubert Jean Philippe
  • New to Real Estate
  • Dutchess County Poughkeepsie , NY
Posted

Hi everyone, 

property  been on the market for more than 180 days should i have second tough about it or Look at it as good deal  if everything  is in place with inspection? any tips 

Most Popular Reply

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974
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637
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
637
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974
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied

@Loubert Jean Philippe

Look at the price history. Many times the properties that sit around on the market in my area were way overpriced to begin with and the sellers miss the prime window of opportunity the first week of a new listing. The properties then stagnate on the market and start to develop a stigma that something might be wrong with it. I most certainly would not rule out a property that has been sitting on the market. Just do your homework, get all the disclosures you can, and have a property inspection.

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