I have been recently showing Buyers in the Lakewood area and there is quite an interest in properties that are price well at this time due to the low interest rates. Buyers actually have an incentive to get the purchase done prior to Dec. 1st as that is when that special credit as it is outlined now will expire which gives Buyers a tax credit of $8000 they do not have to pay back. So usually during the fall/winter the interest is not as great as the summer but you will still have interested buyers. We are seeing multiple offers on REO properties in the Lakewood area that are priced from $300,000-$375, 000 for a 3 bed, 1-2 bath home. I actually just sold one that was a two bedroom, one bath with an original owner NOT AN REO whot kept the house immaculate and it was even on a busy street and the value came in at $379K.
So if you want to get the highest offer I would put it on the market when the most people are looking!
If I can be of any help, I would love the opportunity to help you. You can also check me out on my website at www. barbararobbinsolexa.com. I have been in the business 30+years selling in Lakewood,Long Beach and the Orange County surrounding communities.
Barbara Robbins-Olexa, Broker, e-Pro Internet Certified, SRES(R)
L B Brokerage