Selling Your Home

Are you dreaming about purchasing a new home? Maybe you are ready for a larger home to accomodate your growing family, would like to downsize to have a little less house to maintain and a little less mortgage to pay each month. Have you have decided it's time to relocate, but are nervous about putting your plan into action because it involves selling your current home? With all the doom and gloom you hear about the current housing market it is understandable to be wary, but houses are selling all the time, and not just deeply discounted foreclosures and short sales.

Some things to consider before you sell your property

Though real estate is selling every day, it is currently a strong buyers market, meaning you might have to work a little harder to catch the attention of home shoppers. Here are a few things to think about when putting your home on the market:

Price it right. One of the toughest and most important aspects of selling your home is figuring out what the listing price should be. An experienced real estate agent can perform a current market analysis to help you determine what other similar homes nearby have sold for recently. It is hard to be objective about the home you love, but if you price your property too high you will only end up frustrated by the lack of showings. If the current market price is just too low you may want to stay in the home longer until real estate in your area appreciates more (no one can say for sure how home prices will change.)
Show it well. Because most home shoppers will be considering several different properties you want yours to stand out in their minds. Clear out the clutter, clean as if your mother in law was coming over, and make your home as inviting as possible. It can be difficult to keep this up over several months of showings but you never know who is going to be the one to make the offer!
Offer Incentives. Many home sellers are agreeing to pay a portion of the closing costs, or are even including big ticket items such as flat screen tvs with the purchase of the home. Talk to your real estate agent to see if they have creative marketing ideas to help set your property apart from other listings.

Get pre-qualified to buy your next home with American Financial Resources

Be ready when that "sold" sign gets put out front - get pre-qualified for a mortgage with American Financial Resources. Get started online, request a quote, or give us a call at 800-316-9508 today!

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