"I thought all sellers are desperate"; "Why can't I get the house I want at 30% off the listing price"

230330 — Thu, 15 Jan 2009 14:30:00 GMT

The good ole "lowball offer"....Welcome back friend.

Foreclosures across the country are up, but trending downward in Kansas City, and especially Johnson County, Kansas.

Why? Simple....Our market didn't suffer from an overdose of skyroeckting, overinflated housing prices. We sufferred from an increase in overvalued BUYERS. People who had little or no business buying the $350,000 home, and should have stuck with $225,000 homes....Not the fault of mortgage lenders, nope....

Excited, pumped up by all of the economic news, "pie in the sky" visions of living in a home they couldn't afford....And on occassion, there were unscrupulous lenders, appraisers, sure....But by and large each of us is responsible for where we are....Agreed?

The article attached tells all about foreclosure rates....

http://www.usatoday.com/money/economy/housing/2009-01-14-foreclosure-record-filings_N.htm

...But what it doesn't tell you is that maybe a pro can help you out of your mess. Should we talk?

And if you believe a professional is expensive, hire an amateur.

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"I thought all sellers are desperate"; "Why can't I get the house I want at 30% off the listing price"