Sell sooner rather than later2 of 7If you absolutely, positively don't have to sell in this market, then don't. But if you must, whether now or five months from now, take the plunge now. Sure, the slowdown in foreclosure activity could mean somewhat less competition now.But even more critically, there is the boomerang effect to take into account. The number of foreclosures is expected to skyrocket as we head deeper into 2011.« Back to Mortgage trends. Related Articles:7 keys to FSBO successSelling in a soft marketPick a real estate agentCheap ways to stage a homeRelated Links:Costly seller's remorseBuying your first homeUsing a mortgage calculatorSkip closing costs? advertisement
If you absolutely, positively don't have to sell in this market, then don't. But if you must, whether now or five months from now, take the plunge now. Sure, the slowdown in foreclosure activity could mean somewhat less competition now.
But even more critically, there is the boomerang effect to take into account. The number of foreclosures is expected to skyrocket as we head deeper into 2011.
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