Spring 2011 Mortgage Trends
Handing over house keys
real estate
Home-selling tactics to beat the deadbeats

Price aggressively without undercutting foreclosures
5 of 7
Price aggressively without undercutting foreclosures

The aim is to sell your home and maybe come away with a small gain. Forget about making a killing. Few homeowners who are current on their mortgage can match a foreclosure price.

But buyers are still looking for low prices. Take a look at what other nondistressed properties are selling for in your neighborhood and then price below them. And drive home the point that the price is the price -- with foreclosures the bank can take a better offer right up to the day of the closing, Weintraub says.




Show Bankrate's community sharing policy

Connect with us