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Responsible-Type-392 t1_j4hwp2z wrote

This is not a buyers market. Many home prices are heavily inflated - im talking 30, 40, 50%.

Many homes are also flips that could be described as a pig wearing lipstick - just a quick inspection would reveal many problems.

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KentuckYSnow t1_j4ldzx6 wrote

Houses are still priced like mortgages are still 3%. If the flipper used cash and not a loan they can probably afford to sit on the house because it has a low property tax valuation until they sell it. To them that better than taking 30% off the ask.

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