real estate

Don't hold out when selling your home

 

 

The old-school strategy of real estate sellers crossing their arms and holding out for a better offer will be brushed off by most homebuyers. The National Association of Realtors pointed out that it took four months or longer for homeowners to sale their home in 2011 ... even with half of them accepting less than 90 percent of their asking price.

For a good gauge, have your agent produce the latest comparable sales, including short sales and foreclosures as well as a recent summary of sales prices versus original list prices. But be wary that such information doesn't reflect the homes that failed to sell.

 

advertisement

          Connect with us
advertisement
advertisement

Blog

Holden Lewis

You’re normal if you spend big before a mortgage

If you have sold a house and bought another, or if you have refinanced a mortgage, you probably have ignored a universally given piece of financial advice. And you know what? You're fine. You're perfectly normal. And I'm gonna stop giving that advice. Here's the advice that mortgage lenders and financial pundits, including me, like  ... Read more

advertisement

Connect with us