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How do I price my short sale home in Colorado?

Reblogger Susan Goulding
Real Estate Agent with Mountain House Real Estate

The same is true in Mountain House California.  It does not matter what you paid, how much you owe, what matters is what someone will pay for it.

Original content by Steven Beam

Foreclosure and short sale help.

Foreclosure and short sale help.

Price it right with a short sale

There are many challenges facing the Colorado homeowner or investor who needs to sell their personal residence or income property in today’s market. We are presently experiencing one of the greatest reductions in market value in recent history. It no longer matters what you paid or what you currently owe on your property. The present value is only dictated by what a buyer is willing to pay for that property in today’s market. In an ideal world a seller would enjoy an offer on their property which would fulfill the payoff requirements of the lien holders as well as pay all the typical seller’s closing costs and hopefully put a few dollars into their pocket. Unless there is substantial equity in the property, in the real world today that is not the typical situation sellers are facing.

Full Article HERE

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