This is the 4^thin an 8 part series on Successful Selling in a Buyer's Market Cottonwood CA homes for sale

4. Process the Information: As we process the information from our Market Evaluation we will assist you in the next step in Selling your home. We will consider your property and ownership position relative to 1 of the following 4 categories:

1. MARKET PRICE RANGE IS ACCEPTABLE:Result = You and your home are in a position to sell and you are ready. If this is the case then we can complete the next 4 steps in pursuing your Cottonwood CA home for sale

2 MARKET PRICE RANGE IS UNACCEPTABLE:Result = The market range is below what you would like to sell your home for. You don't need to sell and are happy in your present location. No problem sit back and relax. Life is good. Due to the historic increases in values many homeowners began to view their home as being primarily an investment. My humble opinion is your home is primarily a place to live. Generally homes make great investments, but no matter what families have to live somewhere.

3. MARKET PRICE RANGE & NEGATIVE EQUITY:Result = The likely sale price range is below what you owe on your home. If you don't need or want to sell your home sit back and relax. Life is good. But if you need or want to sell you may want to consider a Short Sale. There are numerous issues to look at when considering Short Selling a home. We have a short list of questions to initially determine the prospects of Short Selling your home. Approximately 30% of all homes in a negative equity position are not candidates for Short Sale. But that being said 70% of the homes are. So with a clear plan and Lender cooperation a sale is still possible. Note: In Short Sales the Lender pays all Realtor Commissions.

4. FORECLOSURE: You have determined your home and your ownership position are not candidates for Short Sale. This is a challenge many have faced in the nation. It's not the end of the world. It's an event and an experience that will pass. This is still a time to conduct financial planning going forward. We recommend that you don't go it alone. Take advantage of family, financial planning and church support available to assist you through this challenging time. Use this experience as an opportunity to learn and grow. As challenging as this is anticipate better days ahead.

We have not addressed the possibility of a Mortgage Modifications. The reason being the topic of this series is Successful Selling in a Buyer's Market.  Next time we will look at: Pricing It Right

We are not suggesting that the information provided, by your Realtor, is any substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Cottonwood CA homes for sale