For most prime home buyers, they want to purchase a home that is in great condition and looks good. This is why home buyers are open to paying more than market value to get the perfect carpets at a price that is much lower than the market value. This brings home sellers a lot of money especially in a depress ed real estate market. They will offer prime home buyer’s prices because they know that most of these people will walk away from the property once they start seeing the damage and deterioration.
Prime home buyers – Things First Time Home Buyers Need to Know
There is another group of home buyers who are more than happy to pay more for their home in a prime location. The prime group includes first-time buyers, high net-worth individuals, and individuals who have been homeowners for decades. The number one reason why these three groups are willing to pay more money for prime locations is because they know that they can buy or sell these properties time and again and will not be bothered by the effects of aging on these properties. If you are a first time buyer or a high net-worth individual and you need to buy a prime location, hire a professional company to do the carpet refinishing and repairs before you go on a major spending spree.