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re: What happens to homes when occupant passes?

Posted on 5/7/24 at 2:32 pm to
Posted by Dawgfanman
Member since Jun 2015
22742 posts
Posted on 5/7/24 at 2:32 pm to
quote:

They are not going to want to fix things up, they will just want to get it sold.


Well that much was certainly true in our case. But that still means we got market value. There are already homes priced based on repairs needed. We had people lowballing us because they thought “you’ll just want to get rid of it” but we marketed it just like any other house and got good money for it.
Posted by fareplay
Member since Nov 2012
4972 posts
Posted on 5/7/24 at 2:32 pm to
Yes but the point is market price will reduce due to increase in inventory if the assumption holds that boomers are in their last legs
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