….which would you rather?
Sometimes at night, when I am alone, I wonder about the stars and think of all the aliens who pass by our planet and wonder what a bunch of tossers we are.
If You Were Selling Your House...
StarvingOat on 25/02/2022 - 21:00
Poll Options
- 8Sell to a local family for 90% market value
- 72Sell to real estate developer for 110% market value
- 5Option for those requiring extra special attention and care. There there *pats head*
Comments
Option 4️⃣. Sell for the highest price possible to anyone that will pay.
This is ozbargain…
I'll give you half the market value, cash, right now.
I'll give u a quarter, plus 3 eneloops, a high yield amg Merc, Toyota Camry and a 100 things about music book (mint condition)
I don't see why you are partitioning Market Value based on Local v Developer.
How do you know the local family won't flip the property for a quick buck?
Do you find yourself driving a car watching the past in your rear vision mirror?
Sometimes at night, when I am alone, I wonder about the stars and think of all the aliens who pass by our planet and wonder what a bunch of tossers we are.
I could really use a wish right now, wish right now, wish right now.
It would depend on the house. My current place, under no illusions it would get torn down. Hell, I'm thinking about it myself.
But if it were an older home that wasn't protected by heritage laws but had good bones, then I would be more selective.
Plenty of people have done it.No one will "sell it for 90% market value".
90 % of market value these days tends to still be far more than it is actually worth.
I can't afford to be charitable. Mostly because I don't own a house. If I had millions of dollars I probably wouldn't invest in houses in the first place; unless you live in that house then you're just part of the problem of why houses are unaffordable to poor families in the first place. Every kid in Australia knows that buying "investment properties" is a surefire way to get rich, which is kind of disgusting. Houses are meant to be places to live, not get rich quick schemes. The government should step in and put a stop to it all but they can't because it would be political suicide as every voter in Australia knows buying investment properties is a surefire way to get rich. 8% of Australians own investment properties, and even more probably plan on "climbing the ladder" one day, which is enough to swing an election.
Depends on my netwealth.
And if I have kids.
The correct answer is to invite the local family to come to the auction and bid against everyone else.
I have been thinking often recently if I should sell my house. I owe 250k on it and the average cost of a house where I am is about 900k so that would leave me with a nice profit 6 years after I bought it. But where would I buy next?
local family offers are 100% of the value, but each family will vary. Developers offer above the ‘value’ because they know money talks.
What about a local family developer!?
🤣🤣🤣🤣🤣🤣🤣🤣
Strange to see this poll vs the poll the other day about people’s supposed political leaning
Local family doesnt really apply to the big smoke