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All Forum Posts by: Jonathan Greene

Jonathan Greene has started 266 posts and replied 6422 times.

Post: Homepath offers rejected with no counter

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,630
  • Votes 7,598

Homepath has the First Look period just for owner/occupants, but they definitely prefer an owner/occupant even after the First Look period ends. It is not uncommon to not hear much from the agent or only receive your notifications online. Homepath is set up so the agent doesn't make much money and therefore doesn't end up doing a lot. I had a client get very far with one, with no issues, but we found an underground oil tank and they would not remove it so we canceled. Homepath is not ideal for investors trying to buy.

Post: New to Site - Looking for direction

Jonathan Greene
#5 Starting Out Contributor
Posted
  • Real Estate Consultant
  • Mendham, NJ
  • Posts 6,630
  • Votes 7,598

@Michael Imperiale - if your house is priced lower than any other house in the neighborhood and is still not selling, there have to be some things about the home that aren't working. Homes don't sell for two reasons - priced too high, issues with the home. And if your market has a lot for sale (I lived in FL for 14 years and was just leaving when the bottom dropped out), there is no reason to hold this property any longer. Drop the price, cut your losses and invest this money in a better property.