CAN YOU REALLY AFFORD "NOT" TO SELL YOUR HOME NOW!

Can you really afford not to sell your home NOW?

When you look closely at THE POCONO MARKET TRENDS for the last 10 years you will notice that we have been on a down trend for several years now. Forecasters anticipate this trend to continue. How long for? Who knows. Now is the time to sell your Pocono home and for the Current Market Value!

(Sorry, in chart above numbers equal years as follows: 1 = 2000; 2 = 2001; . . . . . .  12 = 2011)

Let’s look at an Example, let’s say you really wanted to sell your home back in 2009 however:

You did not want to lower your asking price to meet the market in 2009. Then 2010 came along and our prices dropped even lower and then 2011 came along and our prices dropped more.

So now you have had to hang onto your home for an additional two years WAITING FOR THE MARKET to “spring” back.  Can you really afford not to sell your home NOW?

Over those two years WHAT EXPENSES HAVE YOU INCURRED while staying in your Pocono home?

WHAT DREAMS DID YOU NOT GET TO FOLLOW while waiting for the market to turn around in Pocono Real Estate?

Take a total of your Annual Expenses of Home Ownership:

Mortgage + Home Owners Insurance + Taxes + Electricity + Heating + Homeowners Association dues + Maintenance costs of maintaining the home = $??,???.

To continue the Example: let’s use our average value in Pocono Real Estate - $150,000, and your mortgage payment is around $1200/month, that would make your annual payout about $14,400.

THIS AMOUNT ALONE IS GREATER THAN THE PRICE REDUCTION YOU WERE REQUESTED TO GIVE TO BRING YOUR HOUSE DOWN TO THE MARKET VALUE OR THE PRICE YOU WERE ASKED TO LIST AT. (and that’s just your mortgage, doesn’t include the rest of the costs)

THE POINT IS that while you are waiting for the Market to “turn around” you continue to lose money, LOTS OF MONEY - a much larger percentage than the price reduction you were asked to give to GET YOUR HOME TO SOLD OR THE PRICE YOU WERE ASKED TO LIST YOUR HOME AT TO GET IT TO SOLD! Can you really afford not to sell your home NOW?

Do the numbers . . . . . . You will see  . . . . . .  Your best advantage to get the BEST VALUE for your home IS TO SELL YOUR HOME, AND TO SELL YOUR HOME AT THE CURRENT MARKET VALUE NOW!

It will take more than a year or two to recoup our price losses and get our prices back up, EVEN to where they were in 2009.  Cut your losses, SELL NOW - STOP LOSING MONEY!

*Stats are for Monroe County, PA