Boca Mortgage Blog

Why You Should Purchase A Home That Has Been On The Market Forever

June 16th, 2014 2:02 PM by Leonard Silvestri

                   
   
 One question that real estate agents often get is: “Why has this house been on the market for so long?” Too many people write off houses that have been on the market for a long period of time. If you think outside of the box, these properties have the potential to your dream home. The following article highlights the benefits of buying a property that has been for sale for a long time.

Sometimes potential buyers pass on homes for sale because of their inferior location. It’s possible the value of the location may be irrelevant to you. For instance, the quality of the schools in specific districts may raise or lower the value of neighborhood homes, even if the homes are just a few blocks apart. Someone without school-aged children can buy a cheaper home in the non-prime neighborhood, even if the school district is a prime factor for other buyers.

Posted in:General
Posted by Leonard Silvestri on June 16th, 2014 2:02 PM

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