Should I Sell My House- or wait? Tracy - Mountain House CA - Susan Goulding
Should you sell your home now or wait? First of a series of posts.
Should I sell my home in Tracy, CA?
There are several appropriate answers to this question....I'm only going to give one answer here.... more to come.
First - WHY? Why are you wanting to sell?
Simple question however your answer can make a difference on the answer.
IF you are selling because you have equity and the $800,000 house that you wanted to buy in 2002 is now on the market for $400,000 - yes 50% off. It might be time to sell. Yes I know you bought your house 10 years ago, and at one time it was appraised at $500,000... however you didn't refinance or take money out... so now your house will sell for $250,000... a 50% difference -- HOWEVER do the simple math --- the difference is you save $150,000 by buying now, as opposed to buying in 2002.
If you had paid $800,000 -- now can buy $400,000 -- difference $400,000
Current property was "worth" $500,000 less 50% $250,000 -- difference $250,000
so $400,000 - $250,000 = a SAVINGS OF $150,000. - WE DIDN'T EVEN TALK ABOUT THE DIFFERENCE IN WHAT YOUR HOUSE PAYMENT WOULD BE....
Are you ready to buy your dream home? Do you have equity? Call me - let's see what your dollar can buy you.
Cell: 209-914-5573 | Direct: 925-679-5573 | Fax 925-226-4645
email: Susan@SusanGoulding.com| website: SusanGoulding.com
Tracy & Mountain House, CA | License Number 01490605 | Keller Williams RealtyConnect with me: Facebook LinkedIn Flickr Twitter FriendFeed Picasa Plaxo YouTube
About the Author...This article was provided by Susan Goulding, a Nationally recognized Realtor and Certified Short Sale & REO Specialist. Susan can be reached via e-mail at Susan@SusanGoulding.com by cell phone or text message at 209-914-5573. Susan has helped hundreds of people buy and sell their home. For Northern California real estate and homes see www.SusanGoulding.com. If you need to Short Sale your Tracy or Mountain House, Northern California home please contact me for more information or visit www.ShortSaleMyTracyHome.com
Specializing in the following Northern California Communities: Tracy, Mountain House, Livermore, Brentwood, Oakley, Pleasanton, Danville, Patterson, Lathrop, Manteca and Ripon. Keller Williams|Tracy|Mountain HouseTracy, CA |Homes for Sale Tracy CA |Short Sale Tracy CA |Foreclosure Tracy CA |Tracy Real Estate | Mountain House Real Estate | NorCal Real Estate
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