http://localism.com/ok/norman/rss en-us <p>Even here in Norman, Oklahoma with a pretty stable real estate market, we are seeing properties linger on the market.&nbsp; And after a house sits for several months, informed sellers will make a price reduction.&nbsp; And in the unfortunate event of a pending foreclosure or short sale, sellers will sell at just about any price they can get.&nbsp; Now for the silver lining:&nbsp; homebuyers can get a really good price on a really good home, especially if they can look past the little stuff.&nbsp; Some of the houses are vacant, some have had not-so-good renters in them, and some have not been taken care of very well.&nbsp; In tough economic times, people have to pay for food, gas to get to work, and rent or mortgage payments.&nbsp; They end up having little or no money to take care of necessary repairs and upkeep.&nbsp; Many buyers want a move-in ready home or are unable to see past the cosmetic blemishes.&nbsp; They miss the bargains out there.&nbsp; But if you have the patience and know-how, you can take one of these houses and fix it up for sell or for your own dream home. &nbsp;You'll need to consider the costs associated with getting the property back in livable and beautiful condition. &nbsp;Your Realtor can give you valuable market information so you make a well-informed decision on what to offer taking any repair and renovation costs into consideration.&nbsp;&nbsp; &nbsp;&nbsp;</p> Pam Ghanaati http://localism.com/neighbor/pamg Wed, 24 Sep 2008 15:33:50 -0500 http://localism.com/blog/ok/norman/posts/707434/Every-Cloud-Has-a b6691d2f85daf77c7ed86efc98be33b183af5b3c0ee905c169dcc1282e9e0448