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Home Selling in 25414 : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying6
  • Home Selling3
  • Market Conditions0

Activity 4
Sat Jan 28, 2012
Christopher Pagli answered:
Hi, Unfortunately Trulia is an agent only platform at this time. You can try and

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Tue Jul 24, 2012
Dallas Texas answered:
These are questions you need direct to your lender NO Realtor can answer a question on behalf of another professional.
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Mon Oct 12, 2009
Edith Karoline Jasser answered:
Hi Kd,
Since nobody has answered yet I just will give you a few thoughts.... And hopefully a Realtor from your area will go into more details and specifics in YOUR market.

First I want to say that the type of property you are selling and type of property you intend to buy will impact that decision...
Second are you selling at the lower end and are you buying at the higher end, this also will make a difference for you when upgrading in a down market, you will lose some money in the sale but you will also buy the much larger or newer or larger lot property at a much lower purchase price and you will with good negotiations make up the difference nicely.

Third each area, certain neighborhoods, locations have specific conditions when it comes to pricing the properties...

When you are thinking about loan interest rates, I would probably not base any major decision on that decision ..... it is more important to look at your personal situation, your needs, what you always wanted to buy and where, how financially it would work out for you, stable employment etc. etc. All of those are more important....

There was a time when mortgage interest rates were17/ 18 % and people would still buy homes, people have to live somewhere, just a little thought.....
Feel free to look at this site:
(just copy it paste the http in your browser.....)
Sitting with an experienced Realtor in your area and discuss you wishes, wants and needs, have him or her address the current market value of your home, and your financial equity etc. you will together come to a good decision I am sure.
Good Luck to you and I hope my little comments help a bit.
Edith Karoline YourRealtor4Life!
Working always in the very BEST interest of her clients...
Covering the city of Chicago, the entire North Shore, and most if not all N and NW suburbs....
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Mon Jul 30, 2012
Don Tepper answered:
The Realtors who told you that upgrades don't matter may have been overstating the case somewhat.

It's true that above-grade living space is a primary factor in calculating an appraisal. However, condition does count, and a whizz-bang modern kitchen can help a house appraise for somewhat higher than an original 1960s kitchen. Same with baths, etc. Not a whole lot, but some.

As for the specific you site, yes, nice landscaping, a nicely wooded area, all that helps too. Not too much, if you're talking about a strict appraisal, but it helps a bit.

Having said that, the upgrades you mentioned (and that I mentioned) will help a house sell a lot quicker for more money. That's what buyers are looking for. An appraisal is not always an accurate reflection of a home's market value, and it certainly isn't a reflection of the appeal it offers to a buyer.
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