Sunday, March 23, 2008

Yes, you can sell and buy a home!

Here are a few issues to consider.

  • You may have to sell for a lower price...in fact you will sell for lower than last year!
  • You can buy the home of your dreams for a lower price too!
  • You will only be seeing people that really want to buy....believe it! Credit has tightened so only real buyers are in the market.
  • Can you expect some low-ball offer....YES!
  • Can you expect to sell in a reasonable time.....Yes if marketed properly!

So if you want to sell do it! Do it with your eyes wide open...know what to expect. Know what your final sell price range is probably going to be. Here are the three probable prices to consider...Your list sell price, the offer price and the actual sell price.

So can you sell? YES. Can you buy another home which will be of similar discount to match what you had to do? YES. So if you do that when the market comes back will you increase in value to make up for the current market down turn? YES, it always comes back...if you have purchased up your investment will go up exponentially.

So is this a great time to sell and buy? rates are great...the home selections are as good as it is going to get and your opportunity to find exactly what you want at a great value could not be better.

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