I am happy to say my Company is having a unique problem. We are running out of homes in our Inventory to sell. Usually this time of year we experience a lull in sales due to people getting their children back in school and focusing on that. Contrary to years past that isn’t the case this year. The showings have picked up and the few Residential Listings we have left should be under contract within the next few days. We have active buyers in the $130,000 to $295,000 range and we could use more homes in that range for sure.
Trim notices from the county have been mailed out and I received several phone calls from people who were concerned that their property values had plummeted as indicated by the assessed value. I advised them not to panic. It’s great that indicated values are reduced and you will be paying less in taxes than last year. You should understand that the value the county has indicated is not necessarily what your home would bring on the open market. A true value can be determined by A Real Estate Professional by performing a Comparative Market Analysis dealing with your home specifically.
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