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property located on costa del sol

2006-09-14 15:07:10 · 4 answers · asked by brother 1 in Business & Finance Renting & Real Estate

4 answers

I would look for a For Sale By Owner office in your area. You can go to www.fsbonetwork.com and find out if there is an office near you. You can also put it in your local paper. However, signs do exceptional.

2006-09-15 02:43:44 · answer #1 · answered by jdecorse25 5 · 0 0

Not sure if this would help. Usually, a housing market correction last for years. It is unlikely things will brighten up in a few months, afterall, this bubble took 5 years for form.

It might be better to give some discount so you unload the house quickly and can use the gain of the home to make money elsewhere quickly. At the same time, you will save money by not paying mortgage for the next 5 months.

For example, if mortgage is $2500/mo. and you have $300,000 gain sitting in the house, by selling it now rather than 5 months later will save you $12500. It will also earn you as much as $7000 from interests (Assuming CD are paying 5.5% or higher).

Total financial benefit for selling early would be $20,000. I would give buyer some discount just because of that.

Finally, keeping a house in selling condition is a lot of work. If your realtor does staging, it costs extra to rent furnitures. If you are living in the unit, it takes extra effort to keep it clean. So, sell it fast!


http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514

2006-09-14 20:17:48 · answer #2 · answered by Price is what you pay for value. 3 · 0 0

EBay. I hear that this works well.

2006-09-14 15:11:45 · answer #3 · answered by trainedandready 2 · 0 0

on ebay

2006-09-16 13:41:30 · answer #4 · answered by Piffle 4 · 0 0

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