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Those of you who know us know that we spend a great deal of time sourcing "value" properties; i.e., properties that are priced below market pricing. Many of you who purchased from us 5-6 years ago have seen property values, in some cases, soar by 3-5 times the original investment.


We are seeing a shift in sentiment and it is becoming harder to find properties that we consider to be fairly priced or undervalued. What we are finding is that almost everyone selling a property is quoting a high price...in some cases, an exorbitant price. What we will be doing from hereon is this: ...we will post the asking price from the seller. ...we will then post whether or not the price is negotiable ...we will then post a range of what we consider to be a market price for a competitive property.


This is not the ideal situation but it will give most potential buyers a guideline of what we believe to be a fair price in today's marketplace. Many will not mind paying an extra 25% premium as sometimes prices seem extraordinarily low by comparison. But many have spending limits.


If any of you have questions about specific properties and want our opinions on price ranges or negotiations...or any other specific questions... please feel free to call.