Price â€“ Price is a touchy subject with most sellers, an accurate price is the single most important factor to getting a house sold in a reasonable amount of time. Work with your real estate agent and develop a realistic price range based on recent sales in your neighborhood.
Condition - Prepare your house to meet or exceed other homes in your area. You want a buyer to instantly imagine themselves in this space as their new home. Think of how you feel when you walk into a new construction home model and you fall in love with the smell and the clean condition. Todayâ€™s buyers want a great price and a home in great condition.
Keep in mind when you need to sell your home the price you sell for may be less than what you feel you need to get into your new home in Denver. However, you will also be buying in the same type of market in Denver so your can get a good price on your home there also.
Consider using FHA Financing for a little as 35% down for your new purchase.
You have a lot of options. You could put your house on the market and rent with the provision that the renters will cooperate by showing the property during the listing period. You could consider a lease to own/option to buy. An option to buy gives the occupants incentive to keep the house as "their own". If you have enough equity you could do a wrap and finance the property. And lastly you could list the property. Our market is moving. Properties priced right are selling. Make sure you have a real estate agent that is internet savvy and is experienced. All the previous answers are truthful. Price it right and they will buy!
Homes are still selling but at lower prices than before. So it is very important to
price it right at market value. Also renting is different that a year ago. Many calls and
everyone has pets. This could results in damage which also brings the price down.
It is a hit and miss situation. I suggest listing with us as we have a very inivative marketing
program. Hope to hear from you soon. Toni Heiden
All of the answers you have received have been great advice. The largest component to getting your home sold in today's market is PRICE$! Make sure you have an updated Market Analysis and price it right from the start! Your most exposure is in that first couple weeks and if it is not priced right then you will be playing catch up with the market while your home sits. You may have to take a slight hit on your equity, but when you go to buy a new home in Denver you will probably get it for a better deal in a Buyers Market. Instead of refinancing, I would suggest selling and looking at other financing options for less money down on your new home. FHA just raised thier loan limits again and you can put as little as 3.5% down.
Shelly Christensen, Broker Associate
Re/Max 4000, Inc.
American Pacific Mortgage