Comments on: Maine Waterfront Property – Bargain Hunters’ Bonanza http://blog.mrlakefront.net/2008/10/07/maine-waterfront-property-bargain-hunters-bonanza/ Owning, buying, selling, renting, and living at Maine Lake Front real estate Thu, 19 Apr 2012 02:40:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Dana Willard http://blog.mrlakefront.net/2008/10/07/maine-waterfront-property-bargain-hunters-bonanza/#comment-663 Dana Willard Sun, 12 Oct 2008 23:27:43 +0000 http://blog.mrlakefront.net/2008/10/07/maine-waterfront-property-bargain-hunters-bonanza/#comment-663 Dear Sirs Please send your Lakefront messages to Earle Hyler at Ejhyl@aol.com Thank you Dear Sirs

Please send your Lakefront messages to

Earle Hyler
at

Ejhyl@aol.com

Thank you

]]> By: Brad Johnson http://blog.mrlakefront.net/2008/10/07/maine-waterfront-property-bargain-hunters-bonanza/#comment-661 Brad Johnson Wed, 08 Oct 2008 15:32:39 +0000 http://blog.mrlakefront.net/2008/10/07/maine-waterfront-property-bargain-hunters-bonanza/#comment-661 Do vacation properties in Maine that are reduced in the fall increase in price in the spring for that market? My partner and I were shown a cottage the seller's realtor said has just been reduced about $50k for the fall but would go back up in the spring. How can this tactic work? If a spring buyer knows the seller is willing to take $50k less why would they offer more? In this market, is demand that high? We liked the property, but are inclined to offer 80 percent of the current (new) price. Our buyer's broker says this will insult the seller, because it is much lower than the "real" price they have in mind. Is this crazy? What do you think of the "lower price in the fall, increase in spring" tactic? Can it work in 2009? This seems like a lot of game playing to us. Thanks. Brad and Patricia Do vacation properties in Maine that are reduced in the fall increase in price in the spring for that market? My partner and I were shown a cottage the seller’s realtor said has just been reduced about $50k for the fall but would go back up in the spring. How can this tactic work? If a spring buyer knows the seller is willing to take $50k less why would they offer more? In this market, is demand that high? We liked the property, but are inclined to offer 80 percent of the current (new) price. Our buyer’s broker says this will insult the seller, because it is much lower than the “real” price they have in mind. Is this crazy? What do you think of the “lower price in the fall, increase in spring” tactic? Can it work in 2009? This seems like a lot of game playing to us. Thanks.

Brad and Patricia

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