Property Honesty Forum

Maple St, Sag Harbor, NY 11963   Hide Map   Show Map

By Liz Pendens on Sat, Nov 7th, 2009 at 8:04 am | 188 views | rss | email this | add comment
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Featured in a local website as an example of ‘correct pricing’. 700 sq of original 1950 construction on .11 acre corner property with zero privacy, all yours for $399,000. According to the realtors, this savvy pricing strategy will keep bargain hunters at bay.

Love the realtor headshot, featured with more care then the pic of the house. And I don’t get the scupper thing over the front door, there’s already a gutter there.

http://www.hamptons.com/real-estate/top-stories/9371/pricing-too-high-and-expecting-low-offer-not-best.html

Fair Value Estimates
Date User Asking Price Monthly Rent 30Y Mortgage Rate Fair Value
11/20/2009 Liz Pendens $399,000 $1,300 6.10% $255,738
11/20/2009 Liz Pendens $399,000 $1,250 6.10% $245,902

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