If your thinking of selling, please keep these points in mind:
- Get accurate up to date market information from a licensed REALTOR.
- Don’t test the market with a high list price as you’ll most likely be disappointed in the outcome.
- Price your house competitively and it will sell.
- Be patient, buyers are shopping for the best deal and if you’re not in the top 10% of your market, I repeat, you’ll need to be patient.
- If you’re moving up in price, the discount you give on the sale of your current home you’ll, get back on your new home. As an example: sell a $100,000 house at a 10% discount, buy a $200,000 house at a 10% discount, put $10,000 of equity in your pocket at closing
- If you’re buying in the same price range your interest rate may be lower in today’s market thus reducing your monthly payments.