Ya know Agi, Very Smart Question to bwe asking to all potential clients. I hope it works. Most of the time when you ask a question of a potential client, you never get an aswer. In 50 that I answered, Iactually had one that called. Hope you returns are better.... more
Renting it out is a good idea because you will still have the home as an investment. Call a local realtor and find out what the houses are being rented for. If your in a military area then you should have no problems finding renters. Hopefully the rent will support your mortgage or you may have to pay part of the mortgage yourself.
Where are you relocating to? If it is DC, MD, or VA please keep me in mind...
What happens with the shortage should have been negotiated with your short sale. basically three things can happen, they will assess if you have the ability to pay it back or own any other property they can attach, they can write it off if they think they cant collect ot and you will receive a 1099 for the deficiency amount or they forgive the debt and it does not affect your tax situation. You should ask teh negotiater as well as your accountact. Congratulations on getting a short sale approved, especially with two lenders. It is near unheard of lately. good luck with working things out.... more
Make your home the "best looking on the street", by painting the inside and out, (if needed), new plants and flowers, new or cleaned carpets. Make sure your kitchen and bathrooms and updated and or very clean. Have a home inspection before you put the home on the market to see what items need to be fixed, like leaky pipes, working A/C, functional furnace and hot water heater, ETC.... more
A couple of thoughts: First, you say your home "is better than most others because all the little advantages add up." Highlight those advantages. Most of what you put in your ad would apply to all the houses: "10 minutes from the beach. Close to everything." I assume that if it's in a subdivision that all the homes were built in 1997. Only items that appear different are that the appliances were purchased within the last 2 years, and that it's recently tiled. You could watch the rocket launches from your neighbor's house as well as yours. The HOA is the same (or similar) to your neighbors', and everyone else on your cul-de-sac could similarly say that it's a quiet neighborhood with no through traffic.
Next, you don't want to reach "the FEW buyers out there that would really appreciate all these nice things." You want to reach ALL the buyers in the market for a home like yours, and use those "nice things" to make your home stand out.
Most Realtors here will tell you that the way to make your house stand out is to make sure it's priced right. In other words, the lowest-priced comparable property out there. Money talks, and it talks loudly. If you're relying on something other than price, you need more than "all the little advantages." You need some big advantages. And, as you noted in your comment about the MLS, your house ends up looking like all the rest.
So, examine the price you're asking. Make sure it's among the lowest ones out there. Then highlight those advantages you refer to, so people will know they're getting more for less.