All negotiating is subject to the seller and the property there is no true set amount you can count on. However a good buyers agent can help you with the details comps in the area information on the home you wish to purchase to make a sound and informed offered. And paying cash does give you the ability to close faster than one getting a mortgage so it's going to be helpful in the negotiating phase. Being armed with information is the key here.
If you need any other advice please feel free to contact me and if you need an agent do not hesitate to call.
Sandra, Sometimes it takes a while and you may even have to produce receipts to show that they have been paid off. Your mortgage lender could be a great help you with this process. They typically deal with this sort of thing a lot.... more
Hi Dayna, in part because someone has made the effort to express an "opinion". Ratings of anything - property, schools, restaurants - etc - are subjective. Reflect on what you see on a public forum and then do your own research.
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There are many factors in that question. Do other homes in your area offer the same sq. footage and basement set up? Is it plumbed for a bath or extra kitchen. How high are the ceilings...could it be finished into "liveable" space or it's just for storage
My suggestion would be for several local Realtors to give you a market evaluation. This should be free and it will give you a range of value for your home compared to other homes that recently sold.
Try Craigslist for renting your home. As for selling your home, price it to sell. You mention that you've had it for sale "on and off" for the last year. As a Realtor, that signals to me that you haven't been serious about selling. Many sellers are still "testing" the market, trying to get what they "think" their home is worth, rather than what their home is really worth. Just last week, I had a seller tell me that his listing price was what he paid for the home 2 years ago, so that's what he listed it for. Unfortunately, with the wear and tear that's occurred since then, it's not even worth that.
So, in a nutshell, look at your best comparables, and price your home just under those so that it is perceived to be the best "value". That's what buyers look for.
Well great that you have been paying things down. The VA loan will be great. One thing is you might need to repost your question by putting the area first with the state or zip code because right now Trulia has your question pointed at Smithfield, NC. Remember to interview several agents just as you would interview someone for a job.