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Home Selling in Roseville : Real Estate Advice

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  • Home Buying6
  • Home Selling2
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Activity 2
Tue Jan 29, 2008
Metropolitan Home Team answered:
Gretchen, if your question is, "Should I sell now or wait until 2 years down the road?" Then you should sell NOW! That is if you can't wait 5-7 years when the value of your homes will have hopefully appreciated back to your original purchase price. But, don't bet on that! This market has put many people in a tuff position financially and emotionally. I work with a lot of relocation clients some receiving help from their companies and others relocating on their own. These are the people I really feel for. They have a great standing on their mortgage, made all of the right choices, and didn't over extend themselves when they bought their home. The biggest mistake they made was having to move in this market. If you have to move right now I would put your home on the market A.S.A.P. homes are only going to lose more value as the year goes on. I would also recommend you price it very competitively to start and don't waste anytime. The first 2 weeks is your best chance to make a first impression. If you have any question please feel free to contact me at JohnsonMurphyHomes.com. ... more
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Mon Jan 28, 2008
Keith Sorem answered:
Gretchen
I would recommend a couple of options:
1. If you are going to take a loss, retain the property as a rental Discuss the tax ramifications with a CPA
2. Why are you moving? If you HAVE to move, then talk about the best way to handle the move. Examples:
If you are moving for a job change, are there alternatives? will the new employer pick up part of the cost?
If you are moving for family reasons, will the famliy help out?
If you are moving for personal reasons, will the reduced stress make up for the cost?

3. What happens if you list it you cannot sell for six months? What if at the outset you list it and lease it. You'll have to get into a landlord's mentality.....but there are big gains to be had for being an accidential investor., It happend to me...
... more
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