When your house isn't actively for sale, Trulia just pulls random data from different sources. It's not always going to be wright. When you actually list your house for sale with an agent, the listing data feeds over here and writes over the public information Trulia currently has posted.
Also, right or wrong, not one buyer cares what you paid for your house. That number means nothing to a buyer.... more
Impossible to say without knowing a lot more details, like how much other debts you have per month and how much the taxes and insurance are on the home.
But on the surface it would seem to me that your debt-to-income ratio would be too high. If you have absolutely no debt whatsoever, then generally the highest house payment a lender would approve you for would be about 45% of your income ($855/month) and before accounting for property taxes and homeowner's insurance a payment on a $150,000 loan amount could be $700-$800.
So I really think it would be a no, however if you have someone with additional income who can go on the loan with you (girlfriend, spouse, parent, etc) then that might work. You just really need to speak with a lender and be ready to share income, credit, and asset information with them to find out... more
You need to look at the other sales in your complex and neighborhood. 100 days may be 'normal'.
If other similar units are selling more quickly, try to figure out what about them was more attractive than your listing. Price is an obvious factor, but there are others to look at.
View? Colors not neutral? Unprofessional photos? Not enough photos? Is your agent actively marketing the property, or just letting it sit on the MLS waiting for a buyer? Are you having open houses at the same time the other units are open? I personally love doing Mega Open houses for condos and I make sure I'm the agent with the most signs and balloons to generate more traffic.
Video tours are great tools to market and post on social media. Are you posting on your social media? is your agent also posting the listing in every possible outlet?
Have your agent call the other agents who have sold units and ask them what they're doing and who they marketed to to get the buyers.
No need to give up, just make some tweaks and changes. I've attached a link to a booklet about assessing market value that may give you a bit more helpful info.
If your home is listed for sale, you need to contact your REALTOR to make the necessary changes. It's possible that this site is pulling data from public records, or an older listing. How are people getting your phone number?... more
We just sold our home in a very upscale neighborhood in Broken Arrow. We did it for sale by owner and saved ourselves over $18,000 in realtor fees. It was easy to do the marketing, open houses, negotiating and contract by ourselves. There are many many websites and tips that can help you do the same thing a realtor does without paying all the commission.
My name is Brooke.....I was a mortgage broker for numerous years so I did have a lot more knowledge than the average Joe. If you have any questions if you decide to do it yourself, you are welcome to give shoot me a text @ 918-955-6180... more