What is my first step in selling my house as is…? Who should I contact for help?
I have an old house, good structure,needs some repairs, but I am thinking about selling it. Who should I contact? I would prefer to sell as is? I haven’t definitely decided to do this…? Just curious?
May 4th, 2011 at 12:24 am
call a realtor and ask for a free evaluation and tell them it may lead to a listing of your home soon,then if your going to rebuy,check internet for sticker shock, could always get a home equity fix up loan and stay too.
May 4th, 2011 at 12:24 am
where are you located? MD? http://c21mdhomes.com
May 4th, 2011 at 12:24 am
Not sure if this would help. Usually, a housing market correction last for years. It is unlikely things will brighten up in a few months, afterall, this bubble took 5 years for form.
It might be better to give some discount so you unload the house quickly and can use the gain of the home to make money elsewhere quickly. At the same time, you will save money by not paying mortgage for the next 5 months.
For example, if mortgage is $2500/mo. and you have $300,000 gain sitting in the house, by selling it now rather than 5 months later will save you $12500. It will also earn you as much as $7000 from interests (Assuming CD are paying 5.5% or higher).
Total financial benefit for selling early would be $20,000. I would give buyer some discount just because of that.
Finally, keeping a house in selling condition is a lot of work. If your realtor does staging, it costs extra to rent furnitures. If you are living in the unit, it takes extra effort to keep it clean. So, sell it fast!
http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514