"May a elephant caress you with his toes" Little Jimmy Dickens
Only in Cape Canaveral do you find a peacock at the circle K dumpster.
Safety in the market
To show you how you can feel more safe in today's market, we have a friend and client who was able to buy a 3/2 condo on the ocean in January 2011 for $249,000. This unit has 1804 square feet on the 4th floor with great ocean to river views. Granted they have done a lot of upgrades on the unit and now it shows great. When I do a CMA on just the 2 adjacent buildings I come up with a market value of between $310,000 and $345,000. This was achieved by knowing the market value and some intense negotiations.
Always have your agent perform a CMA before starting negotiations and you will know what you should pay as top end price and try to get it lower. I know the market is coming back but we are still in a down market.
Make wise choices
Jim Bagwell
Monday, May 27, 2013
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