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Updated over 9 years ago on . Most recent reply
A property on MLS for more then 2 months,does it raise a red flag?
Hi folks!
I'm looking on a SFH for fix/flip. I'm hesitating on it as I see that it's been on the MLS for a few months.
this question is ringing in my head for the longest time...If a property has been on the market for a while ( 2-4 months) and it's not moving, does this mean that something is fishy with the property and I should stay away? Or if the numbers are right, it doesn't matter how long it's been on the market it's good.
Any thoughts/answers I would appreciate.
Chesky
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James Wise
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James Wise#5 All Forums Contributor
#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
2 months is not that long.
It also could have been listed originally for a higher price.