Yes there are still irrational sellers out there who think that their property is a castle and worth a king's ransom! These folks are chasing the market downward and when they realize that their home is not a castle to others they drop their price considerably but at that point it is too late. Why is it too late? Because the property has been on the market so long that people think there is something wrong with it or the seller is getting desperate.
The best course of action is set your price for what the house should sell for and expect to pay for the buyer's closing costs or a portion of them. In this market 90% of our purchases have the seller paying for part or all of the buyer's settlement charges -- even on Bank Owned Properties!
For more information about Seller Paid Closing Costs contact us via our website at: http://www.new-hampshire-home-mortgage.com
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