Your Home - What To do Now
With that in mind, here is Part I of a three-part series that covers some basic issues related to home buying and selling - NOW!
How worried should you be about the drop in your home value?
1) If you don't plan to move in the next few years - you've got some time to wait for the housing market to improve.
2) If you bought a house MORE THAN five years ago and you DID NOT borrow against the equity (except for your first mortgage of course!) then if you can find a buyer you might make a profit.
3) If you bought a home in the last two years, it likely has negative value in today's market.
Are you trying to sell your home now?
1) PRICE IT RIGHT THE FIRST TIME - it's the #1 way to sell your home. Increase the odds of getting an offer by pricing it just a bit less than similar homes. And don't try "testing" the market with a higher price and then lower it later - this "tactic" is the best way to lose potential Buyers!
2) Another little tip: with internet marketing and online searching, think like the "searcher" and keep your listing price in round numbers, i.e., $250,000 to $300,000 OR $198,000 to $210,000. There are very few people that search for price like this: $249,999 to $339,999.
Contact Gabrielle @520.245.0242 or
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