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Has anyone here gone through the process of selling a home?
Any tips? In this market is it foolish to try to do FSBO?
Depends on where you live and what tools are available to you and the buyers.
Coming from the industry I don't suggest you do that. Where are you? You will be entertaining countless offers during this market. Do you have any close friends or family that are Realtors or even mortgage loan officers?
I have a condo in NY. (not the city but nearby suburb).
assuming as a designer/photographer, I can stage my home well and take care of the sellsheets, do I start posting on websites and hosting open houses in the spring?
I worked in California, won't give any advice about N.Y.
Have you gotten a good appraisal yet? How do you plan on listing it? You'll need access to listings. You can eventually save a good chunk of money if you do it yourself. People will tell you it's a 'buyer's market' which is true, but as far as I know the first time buyer tax credits have all expired and there is no talk of extending them. (which means it's more a market for investors)
When congress comes back to "work" they are suppose to focus on Fannie and Freddie, wait it out a couple weeks see what happens.
im currently short selling a property in SF, not a good time to sell but im sick of paying the $3800/mo mortgage.
looking for any other tips on FSBO. I'm sort of nervous about the whole negotiation component and paperwork involved.
if i'm moving out of the country, is the bank obligated to grant me a short sale if i ask for one? i heard that somewhere.
I have a home north of Atlanta. I tried to sell it, but it is now worth a bit less than I owe.
I didn't want to short sell, I don't want my credit to get messed up.
I'm going to take it off the market for a year.
I have a couple of clients who are Realtors. Based on what I've learned from them, I would never sell my own home.
Driving around all day looking at comps
Staging (more important than most folks realize)
Tracking down reliable contractors to repair/change things in a hurry
The whole "This Place is wonderful because..." spiel
Market valuation, blah, blah, blah!
Geez! Good luck!
If you are in NY use StreetEasy. Try to market your self. If it doesnt work, get a pro.
Have you had the property for a while? Do you have a bit of equity in it or will you need to sell for close to what you owe?
Been there, done that.
My 20s were a fun time.
You could sell $10 raffle tickets up to the value of the property.
I'm in NYC and looking to buy....where is it?