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fair market value: Home Selling Tips - How to Salvage Your Credit & Equity - 03/21/11 01:11 PM
The issue of pricing strategies was recently addressed here, particularly for facing moving deadlines or selling a home that's languishing on the market. But what if you're experiencing financial hardship or losing valuable equity in your home? If you're facing mortgage default and want to avoid foreclosure, you're probably looking at a short sale, an agreement with your lender to sell your home for less than what you still owe. This pricing strategy is challenging, because you have to list high enough to satisfy the lender, but low enough to attract buyers. First, complete a short sale application from your lender … (0 comments)

fair market value: Dollars vs. Days – Determining the Best Home Sale Price - 04/19/10 08:33 AM
So you’ve decided to sell your home. That’s an important step. But the next step you take is equally important – setting your asking price. Team Morgan, your Miami-based real estate specialists, recommends that you strive for a balance between generating offers and receiving top dollar for your home.
Your chosen representative will perform a Competitive Market Analysis (CMA) to produce an estimate of your home’s “fair market value,” or that price that educated buyers will pay based on listings and sales of homes similar to yours. The agent will not establish the price, but only provide the information you need … (0 comments)

 
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Mike Morgan

Miami, FL

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Coldwell Banker Residential Real Estate

Address: 12155 S. Dixie Highway, Miami, Fl, 33156

Office Phone: (305) 253-2800

Cell Phone: (305) 542-2138

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