Company was helping to cover part of old house payment now is cutting off money
2006-10-19 14:35:09 · 4 answers · asked by trist 1 in Business & Finance ➔ Renting & Real Estate
i would either rent it out or if you don't want to bother and are strapped for cash, then lower your asking price.
2006-10-19 16:42:12 · answer #1 · answered by ana g 4 · 0⤊ 0⤋
In my market---CT--43% of homes listed this year have expired---meaning that they didn't sell in the marketing time that they agreed upon with their agent. Many agents will take a listing for whatever you want--unfortunately, this often costs you money. (like 2 payments and not getting your goals met) I would hate to see you have to change your plans to sell. Price your home below the competition and you will get it sold---if you are not getting a lot of showings---it's too high. If you are getting showings and not getting offers---it's too high. Ask your agent to redo the CMA--Market analysis--tell him/her that you want to pay attention to what you are competing with---Unless your home is in jaw-dropping condition---chances are you won't get last years top dollar. If you price it aggressively enough, you might even get multiple offers and get more than you ask. It's much better when the buyers are fighting over your property---They tend to put less conditions in their contracts when they know you have other offers. You could also ask your agent to host a broker's open---Another thing that will help---How much is being offered on the MLS to pay the agent to bring the buyer??---Is it less than what other sellers are offering---Don't worry about losing money because until you have a buyer that wants to buy your house, you don't have it yet. Agents will steer buyers to homes where they get paid the best---they will also work harder to keep the deal together once it's under contract. Also, how many pictures are on MLS--make sure you have the max allowable. If you do all of these things, you will get a sale.
Best of luck for a prompt & lucrative sale!!
2006-10-19 15:20:21 · answer #2 · answered by Lu99 1 · 0⤊ 0⤋
Either rent it out, or find someone to purchase it from you on a "land contract".
2006-10-20 04:46:56 · answer #3 · answered by Justin 3 · 0⤊ 0⤋
Rent it out! You could pledge, as well, to raise some funds, if needed!
2006-10-19 14:43:42 · answer #4 · answered by swanjarvi 7 · 0⤊ 0⤋