Thursday, March 5, 2020

Are Big Discounts Better Values in the LBI Real Estate Market?

Are Big Discounts Better Values in the LBI Real Estate Market?





Long Beach Island Real Estate

When looking to buy a home in the LBI real estate market, a buyer should always try to find the best deal possible. There are several ways to beat the LBI real estate market, but to find a good value, a buyer must first understand what determines value in the LBI real estate market. While negotiation is the tried and true way to “beat” the market, it also begs the question, Are Big Discounts Better Values in the LBI Real Estate Market? If a home drops considerably in price, buyers should make sure they are getting a good deal. For example:
  • Why was the home in question having a hard time selling?
  • Why was the seller willing to take a large discount?
  • Is the home in a good location and does it offer the opportunity to grow in value?




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