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Live like you are dying and list like you're bank owned.

This article I re-blogged just for my friends and family. If you know of someone wanting or needing to move...this article just makes sense. Steve from NH points out that it costs you money to stay in your current home. Some people are still waiting for the "Bottom" of the market before buying. That's like catching smoke in your hand, the bottom of the market is unpredictible. Call me, I will tell you what your house will bring you in today's market. 360-852-1689. Blessings Y'all! Jill

Via Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.:

Live like you are dying, the lyrics of this Tim McGraw song speaks volumes to many different people.

As I listened to what this song is advocating, It occurred to me many sellers should heed this lesson. They put a price on a property that they think "someday" it may sell for. If moving on with your life requires the sale of a property you own...there is not an infinite amount of time to accomplish this sale. Life is Short.

What got me thinking about this, is I have several short sales a bank owned sale and a probate property that are pending. With these sales the process to close will be longer (in some cases much longer) than the time it took to find a buyer. The price was right, the buyers where motivated and the sellers showed their willingness to sell, by pricing the property to sell.

List like the market is dying. Life is Short.

#1 If you are going to buy after this sale...the sooner you sell the sooner you are in the buyers shoes (you are merely trading equity...if you buy a replacement property).

#2 Moving on is far less painful than hanging on (how many months of mortgages, taxes, insurance utilities will be spend holding...after you admit you want to sell).

#3 You may be better off renting for a time (dropping the major maintenance costs and healing your credit may put you in a better place in the long run than draining your savings, while waiting to score on unrealistic re-sales).

My Bucket list doesn't include living in a home I can't afford...and waiting for someone to over pay me for the same privileges. Life is Short.

                                                                                                                      Steve Loynd, White Mountain New Hampshire real Estate Expert

   steve@alpinelakes.com toll free 800-926-5653 /cell 603-381-7898

    MLS search and Realtor web site: www.alpinelakes.com

    My outside Blog: www.steveswhitemountainblog.com

   Lincoln NH & Local interest site: www.localism.com/nh/lincoln

Posted by Jill Watts on 10/27/2009 11:53 AM

Comments (4)

Originally posted at: Jill Watts, Cell: 360-852-1689 Email: jillwatts@kw.com: Live like you are dying and list like you're bank owned.

4 Comments on Live like you are dying and list like you're bank owned.

OCT

Great advice.

This makes so much sense! Last year we knew we wanted to relocate, but the offer we received on our house was so disappointing, but our minds were made up. We took a large hit, and when we bought in our new city, we made a great deal on our new home.

It is a good message to pass on that is for sure. We don't want to die in debt because of the stress of that debt. Enjoy life, but make sure you live within your means.

OCT

Hi to Y'all! Thanks for commenting!

Gary, I was glad to hear that you made up for what seemed like a loss! It's a big surprise to actually move forward and actually get a good deal.

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