I bought a property from “X” company in Florida 2 yrs. ago for “X” amount of money. Today, the same company is selling the same type of property at $100,00 less. I understand the market value dive, but is that legal? I mean, is that fair, legal to so many of us that bought at a higher price? If this were Stocks in the Market I will understand…
yes legal as they have inventory and you may have over paid a year ago and they need to move it sorry but there are sale in the grocery every day on an item I bought last week
the property owner has the right to sell for the price he wants. he can give it away or charge a million dollars if someone wants to pay. I’m sure he would rather not sell at such discount but sometimes when you invest you lose.
sure it’s legal – why wouldn’t it be? you should have waited to buy
It’s legal and unfortunately for you it equates to your property being appraised a little bite less then what they new ones are currently listed
Homes are the same as anything else. I paid $3.50 a couple of months ago for a gallon of gas, now it is down close to $2.00. Is that any different?
I don’t think that you should be investing in real estate if you can’t grasp this concept.
Yes it is legal. You may not think its fair but its called capitalism. Its just like a shop with its sales to get rid of merchandise.
It is theirs they can sell it for $10 if they so choose.
Of course it is legal and fair.
You can only charge what the market will bear.
Why don’t you keep paying $4.00 a gallon for gas while the rest of us pay a lot less?
Supply and demand. Simple concept.