You're getting great advice here. "NOW" is always the time to sell as you cannot recover time. I would insert one word of caution and another positive, though. Cautionary: If you need to rent in Ascension Parish you may want to research ahead of time. You are likely aware of the high demand and low supply of rental properties here.
Upbeat:: T he federal government is offering "first-time homebuyers" (defined as not having owned a primary home in the past three years - IRS details lined below) an $8,000 tax credit. The credit was expanded in 2009 for homes purchased in 2009, increasing the amount of the credit and eliminating the requirement to repay the credit, unless the home ceases to be your principal residence within the 36-month period beginning on the purchase date.
Now the "good news" ... This program is deadlined on November 30, this year! We expect a strong market in the early FALL which would normally not be the traditional cycle. There is huge pent-up demand for home like yours from young couples beginning their families. . Let's face it, we all procrastinate especially when national news is incorrectly influencing buyers in south Louisiana. This considerable incentive -EIGHT THOUSAND DOLLARS!- will push these buyers who have been waiting and watching into action.
My advice would concur with the other you have gotten here. List NOW!
If you would like to meet in our Gonzales office to discuss, please don't hesitate to contact me. Call: 225 644-5468 - Email: Randall.Anderson@ColdwellBanker.com -Text: 225 921-9777 or Web Contact: http://www.rcarealestate.com .
- Randy Anderson

Ian is absolutely right. You do need to know the market to know your value. The link below is Market report for the city of Sorrento. It is a list of everything similar to your home that has sold since January of this year. If you have any trouble with the link, I can email it to you directly. Just email me at tiphanie@elite-realty-group.com

http://gbrmls.com/BTRLAFReports/ListitLib/show_report.aspx?I…

You need to find out what homes are selling for. I would advise selling before you HAVE to sell. If you wait, you are reducing your negotiating power down the road.

A professor once told us, "Always negotiate from a position of strength". Your strength right now for your situation is to sell.

What you have to negotiate is time and money...the two major resources. With enough money, time means little...you can build, buy or sell as fast or slow as you want.

With enough time, you have the opportunity to ask a premium price...if it does not move the property adjust as needed. Do not make any decision based on the nightly news....real estate housing markets are driven by local demand, not some guy in Detroit making $80 an hour to make widgets and his job moves to China.

In Sorrento, you have all those refineries cranking out oil, gas and plastics. If you go to the Walmart parking lot and stop seeing crazed shoppers, and all of us start taking bikes to work, then I would start being concerned.

Sleep is worth alot of money...if the house is sold, you can focus on building your business....for the rental is but a temporary situation in a lifetime of experiences.