Franklin Home Buyers Don’t Understand A Sellers Market – At least not at first. Here is one of the e-mails I received yesterday from someone I barely know on a Benchmark listing in Franklin “We would be interested in this except it is way way way overpriced. Are the owners underwater or is there some wiggle room?” .
My response after checking the tax record and looking at recent sales and current homes available in the neighborhood
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Lot Size
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Home Size4,909 sqft
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Beds5 Beds
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Baths6 Baths
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Home Size2,653 sqft
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Beds3 Beds
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Baths4 Baths
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Lot Size1.95 ac
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Home Size4,851 sqft
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Beds5 Beds
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Baths5 Baths
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Lot Size10,019 sqft
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Home Size5,121 sqft
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Beds5 Beds
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Baths7 Baths
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Larry – Excellent answer! Unfortunately some buyers need to lose a home or two before they fully understand the current market conditions.