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Old 10-12-2008, 07:39 AM   #24
fatlazyless
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Default ...1st rule of real estate!

First rule of real estate; Never bad mouth the property or the market. "Oh why yes maam, things are improving....this buyers market is short lived and will soon become a seller's market, again...just wait till April, and there will be plenty of buyers out there...with Boston just two short hours away, Lake Winnipesaukee is like solid gold....hey, honey-buns.....wasn't that Warren Buffet who just cruised past out there in his old, aluminum Starcraft w/ that old noisy Evinrude....put-put-put!"
.....
Case in point,

61 Pinnacle Park, Meredith,

recently sold for $563,000.,

www.visionappraisal.com

0.20 acre waterfront assessed for $96,100 building, and $523,800, .20 acre land with maybe 65 feet(?) of waterfront,

assessed - $619,900

just sold - $563,000


which is 90.8% of the town's assessed value.


90.8% is, in my very amateur opinion, a strong sales percentage considering the appraisal was done for April 2006.

Not to worry Everyone, this seller's real estate market will be short lived.

Attn: all you Buyers out there, BUY NOW!!!....... before the prices rebound big time come next spring !
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