End of market list or wait?
libbyl2010
7 years ago
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NewEnglandgal
7 years agoUser
7 years agolast modified: 7 years agoRelated Discussions
Is there a market for used high end appliances?
Comments (5)Try craig's list. Don't leave a phone# ! Just a contact e-mail maybe. You don't want dozens of calls for weeks offering 5 dollars. Post your pic. You would be surprised how many are looking for appliances or cabinets that are in a reno situation and have gone way over budget. Especially young couples that get in over their heads. Especially in NYC. Just list your initial costs the best you can and ask a fair low price. Or best offer. I gave mine away for free so it was easy with a photo at the grocery store pin-up board. The last thing i needed was a ton of phone calls....See MoreTook property off market - Realtor has list of buyers...
Comments (25)I was under the impression that the spirit of these forums was to offer insight, information and most importantly, opinion on a variety of subjects in a free and open way. I always felt that it was more of an "opinion poll" type venue where you could come, post a question and get helpful feedback. When I posted this question, I came here for third party information/advice on standard practices because I am unfamiliar with them. I wanted to get knowledgeable opinions before even bringing it up to our realtor. If I was wrong, I wanted to know. Several of you rightfully said to READ THE CONTRACT. I did, and was satisfied to abide by the contract. Once I read it, never did I question the validity. At that point, there was nothing for me to do or say. It was resolved. My issue was always one with the contract, which I felt was one sided. My fault for not negotiating it differently on the front end, but again, fine with honoring it. My problem was with the industry - not the individual. I wanted to get it straight in my mind before I addressed it with my agent. Fair enough? I would have thought so. Never once did I say anything negative about the agent, who I still feel did a good job with a very difficult property. I did address the point that it is hard to do business with friends & I think that point is proven. Put plainly, it is always awkward to address issues no matter how small. Even if the issues are solely business or contract related, it is uncomfortable to question someone who is a leader in their field and that you respect immensely. It just is. I had no intention of opening up a "can of worms" if I had no leg to stand on - which is why I came here first. I appreciated the advice I got here to just READ THE CONTRACT. My initial impression was wrong. I had already said that I was going to abide by the contract. End of story? No. Someone in this forum read my intent as an insult to the listing agent and forwarded her the post, actually causing problems where I had already determined none existed. I never had a problem with her and after getting your advice, realized there was no need to question anything. As I have said repeatedly, she did a great job and I have always considered her a friend. IÂm quite certain she no longer feels the same. So gardenwebbers - consider this a cautionary tale. I never assumed this forum was totally confidential - nothing on the web is. However, I did think that it was a forum you could go to for honest, helpful feedback without retaliation for asking a question. I guess I was wrong....See MoreIs there a waiting list for remodeling generally?
Comments (5)This varies so widely that no one can answer this for you. However, I can offer some practical advice: 1) Don't select someone who can start immediately as that means they are not good enough to be in demand. There is a reason that you have to get in line for a good contractor. 2) Seek recommendations from friends you trust who are satisfied with their completed remodeling project. 3) Use resources like Angie's list and look for contractors who have been in business for quite a while and have lots of consistently high reviews. 4) Get a minimum of three bids and don't necessarily go with the cheapest one. I'd rather pay what it takes for a job I will be satisfied with than save some money and regret looking whenever I walk into the room. 5) Insure with your Department of Labor and Industries that any contractor is licensed and bonded before you hire, and ask the agency if there have been any complaints, resolved or otherwise. 6) Make sure you have a detailed contract and budget, and that you understand it well enough to know what happens when something goes wrong. 7) Don't pay much, if anything, up front. A good contractor will be solvent, not be living from month to month, and will be able to buy materials on credit from his suppliers. Someone insisting that a big payment up front is customary is someone not to be trusted. I've done four remodels and none of them asked for money before starting; they billed me as they went along, and documented the expenditures, and I paid once a month on big jobs, and every couple of weeks on jobs that moved along quickly. And only when the jobs were done and I was satisfied did I pay the final bills....See MoreTax Write-Off Change Killing Your High End Market?
Comments (16)I think a lot of young people (in their 30’s), got into houses that were way over their head. My own son and his wife bought a very, very expensive house with a balloon, interest-only mortgage. I thought it was utter madness - with low interest rates, why not a traditional 30 mortgage? But what did I know - the widow of a school teacher with little money. Her father, who advised this, had been very high up in a huge brokerage and was very wealthy. Fortunately, I think my son realized this was very risky and they took end-of-year bonuses and paid them into the mortgage and since interest rates continued to be low, just refinanced when the balloon was coming due. Then they divorced and she wanted the house sold. After 14 months, it finally sold...for $800,000 less than they had paid for it. They were very lucky they weren’t under water with their mortgage. Five years later, real estate prices still have not returned to pre-2008 prices. This is the Gold Coast of CT and the number of foreclosures is astounding. It’s hard for someone like me to imagine how someone with a seven to eight figure salary ends up in foreclosure. I guess it’s pretty easy if one lives way beyond his means....See Morelibbyl2010
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