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Dan
 
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Keeping the heat on, but low to reduce cost, will mean the home will
show much better to perspective buyers. The market is not really bad right
now in your area. It is just not as good as some would like and it is not
coming up to the inflated prices that the auditor put on them during the
re-evaluation.


Well hello, neighbor! ;-) Yeah, got the note from Mr. Testa right here,
mine went up 20%! The house has had major work (2 new baths, new
kitchen, new paint inside & out, new carpet) and still I would be
THRILLED to get the "new" appraised value.

BTW if you are from the area & haven't seen it, here's a link to the 4
part series in the Dispatch on the high foreclosure rate in Ohio:
http://www.dispatch.com/reports/repo...21/broker.html


Most realtors make a % of the sales price so they want it to sell as
high as possible (that includes the buyers realtor as well) They are not as
worried about how long it takes. If you really want to sell it, a low price
will get it sold quick. You may want to talk to the realtor about what you
might be able to do to get it to sell quicker. There is one home near me
that was painted a, well lets call it an interesting color. It has been on
the market for some time. It was recently re-painted and I expect it will
be much easier to sell. They were not getting anyone interested as it was.
Having your home without heat is not going to make it any more sellable and
I would guess that some possible buyers would shy away wondering what damage
the cold might have caused and worrying that the furnace may not work
anymore.



Agreed. Though buyers may suspect it's vacant anyway since there will
be no furniture! Thanks for your comments.

Dan