By: Brian L. Berlandi
Partner – Berlandi Nussbaum & Retizas LLP
This Side of the Law: What is Your Home “Worth”?
We all know the saying….”Your home is only worth what a buyer will pay for it.” That is ever-so-true in today’s market, where buyers appear to have more leverage than sellers. Those of us who bought homes 5-6 years ago, before the real estate bubble popped, now find ourselves struggling just to sell the same home at a 20-30% discount off our original purchase price. Buyers are being picky and negotiating hard