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Updated over 2 years ago,
Selling Furnished or Unfurnished
I just picked up a great pocket listing from a guy I have been following. Everything has been repaired but it is without furniture due to the hurricane. It will take $12-$15K to furnish it. My ex wants to buy it and me hold the note for a year. Trying to figure out if furnished or un-furnished is the better way to sell it. I have a good friend who has a similar situation but his partner wants out. I want to sell it to her as fast as I can, the prices will fall come November 8th.
What value do I put on furniture? If I spend $12K, do I up the price $12K? It puts it over the comps of furnished similar. I don't want to overprice to a friend, but I see this as a good time to sell it.