Tuesday, August 13, 2013

What Will You Gain From Selling Your House In Today's Market?

It's August 2013 and this isn't the first time I've told you that it's a good time to sell.  Every time, I've told you what you could expect to gain from selling during that time.  From the end of 2012 through the end of Spring 2013, I mentioned it was a good time to sell since there was an extreme shortage of houses for sale.  This was putting the seller in the driver's seat in terms of negotiations during a transaction. This made it a great time for sellers that may have otherwise had troubles during a sale with things such as repair work needed on the home or perhaps needing longer escrow periods or rent backs. We were seeing 10, 20 and more offers on each home if they were marketed well. But that amount of multiple offers has slowed down now with loan rates having increased.  So why is it a good time to sell now? Because you finally have equity back in your home!!! This past year of increasing home prices has finally put money back into your home and now you are probably not in need of thinking about short selling or you've gained enough equity to take that money elsewhere.  So for everyone who has been thinking about moving for the past 2-5 years but haven't been able to because of the down market, well now you finally can.  And how do you find out how much you could sell your house for and how much it would cost to sell your home?  Call me. I can give you an idea of what your home would sell for and go over the math of closing costs with you as well.  Or if you don't live in the LA area, I can recommend agents in other areas as well.  So if you've been itching to make a move for a while now...go ahead!  Chances are you're house is worth a lot more this year than it did this time last year.
                                                                         


No comments:

Post a Comment