quote:Originally posted by Goosegg:
We were told that in computing value of real estate, estimate the value based upon a 30 day listing (i.e., what price would you get for your property if you had to sell it within 30 days). Also, deduct from that amount all closing costs (comission, taxes, etc.).
A 30 Day listing would probably cut my house's value in half. Not a lot moving in this market.