If you have been thinking about selling your home, you might be a little bit deterred by the slow down in the real estate market. You may even be asking yourself if you have missed the opportunity to sell.

Before you decide that you are going to have to stay in your home longer, realize that there is never a right or wrong time to sell a home. Demand will vary, there are definitely peaks and valleys, but overall, there will always be buyers and sellers.

Before you get ready to put your house on the market, take the time to evaluate whether this is the right move for you. If it is, you want to prepare your house to sell quickly. Read here about how to improve the ability to attract buyers.

The following steps will help you with the decision making process.

Call Me First

You may think that you qualify for that "move up" home, but some home buyers have found themselves in uncomfortable positions. Before you go out shopping for new homes, call me. I will take the time to discuss your options, evaluate your buying potential, and help you become prequalified.

I will help you determine whether this is the right time to sell and also help you determine what your buying potential for a new home could be.

How Much is Left On Your Mortgage?

If you are like most people, you have a rough idea of how much you have left to pay on your existing mortgage. But it is better to get a truly accurate amount. Find out how much your pay off amount will be, so you can evaluate it against your potential sales amount.

What's Your Home Value and Selling Costs?

I can refer you to a qualified real estate agent to find out how much your home is worth. They will pull "comps" or sales prices for other homes in your neighborhood.

At the same time, the real estate agent can also give you a rough estimate of total expenses which include commissions, fees for attorneys, taxes, and expenses.

Deciding to sell your home is a big decision. Before you put your home on the market or start looking, contact me so we can make sure that it truly is the right time for you.

 

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John Parker - Texas Veteran Loan Officer

Dallas, TX

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