Are You Ready to Sell Your Home?

 

Do your research, Know the facts, Be prepared and Just do it!

By now I am sure most know that almost everyone know about the number of Foreclosures in San Joaquin County ~ and that Stockton is one of the highest in the foreclosure rate in the country.   Although you may not be 1 out of the 31 homeowners in Stockton that are in foreclosure ~ you are still affected by this massive foreclosure problem, in some way or another:

If you are still saying it does not affect me, then I challenge you to test and see if you are affected:

1)      Take a drive around Stockton and you will see all the House for Sale signs and some will say either read Foreclosure, Auction, Trustee Sales, Short Sale, Bank Owned and if that don't show how you are affected let me break it down for you: (see definitions at bottom of post)

2)      Read the newspaper: Headline, sub-headlines or fine print is all about Foreclosures being out of control, Auction and Trustee Sales Date, Short Sale listings and Bank Owned number are rising.  Is this proof enough that you are being affected?  No? Well lets keep going. Check out some of these sources ......

 San Joaquin County has one of the highest home foreclosure rates in the United States.

San Joaquin Newspapers or News Sources 

Topix

Record

Pacifican

Collegian

Central Valley Business Times

Caravan

http://www.news10.net/  

http://www.recordnet.com/  

According to the Recordnet.com 12/21/07:  Housing and mortgage woes continued to take their toll on San Joaquin County's job market as the unemployment rate jumped to 8.8 percent in November, up from 8.1 percent in October.  This is just one example. 

3)      Look closer to home....(your neighborhood).  Talk a walk in your neighborhood and just mentally count the number of vacant homes that you see.  Look at the lawns and homes that are not in good "home pride" condition.  Look at the tone of emptiness in the neighborhood.  All signs of the times - Foreclosures, Auctions, Short Sales, Trustee Sales, Bank Owned homes.

4)      You can ask almost anyone about the market and they will be able to tell you that the market is way done, homes are selling for thousands less than what the owners paid for them, and don't even mention what an owner is looking for a final sale price of their home at this time.

Sellers get prepared.  Don't stick you head in the sand - not a good time to do that.  But don't run away from the problem either.  Know your situation and know what you need to do to get your home ready to sell.  Here are some tips and resources on how to get ready to sell your home and get the best final sales price:

1.  Price it right.  Don't use the gambler's approach to get it done.  Do your resource on what is your home worth.  (it is good to remember the drives you have taken and see other homes and neighborhoods, the walks and the news).  

2.  Get yourself a good real estate agent, ask for CMA and let them do their presentation on how they will market your home and what they know about the market.  Stay in the loop during the listing. Know the market.   Read the updates that your agent will send to you.  Make sure you make the agent's job as easy as possible by allowing them freedom to show your home.

3.  Clean up your home, I mean really clean it up and keep it neat.  If there are some improvements and repairs that you can do, do them! You want to make sure your home can stand the test of being appealing to the buyers.  And always Disclose, Disclose the truth about your home to your buyers.

4.  Exercise patience.  This is a buyer's market.

                                                                  Here are some Seller's Tips

Ah..... the sweet set up to sell..... (Tips on holiday showings)

Buyers need to know  (Information on Disclosures that are required)

Give Protection.....Get Protection! (Info on Home Warranty to offer buyers)

Is your home ready?  (Tips on getting your home to sell)

Know your buyer's intentions before accepting the offer......  (Special circumstances buyers)

Nehemiah Program - helps make the dream of homeownership come true for many

(Help your buyer with Down Payment Assistance ~ with the help of Nehemiah)

Recipe for a Successful Sale - 7 main ingredients (Great home selling recipe)

Sellers: Do it Before...... (Home Inspection - Know what is wrong with your home)

Sellers: Don't know why your house is still on the market? (Hard to sell? Read this)

Sellers: The price is right (isn't it?) (Pricing your home to sell)

How do you balance a quick sale for top market value?

For free market evaluation of your home visit http://www.motheranddaughterrealty.com/

This information is provide to you by the Mother and Daughter Real Estate Team.  We also focus in Short Sales and the Pre-Foreclosure process.  Our consultations are free.  Our aggressive marketing plan includes progressive online listing advertising.  If you are thinking of selling or buying a home in Northern California: Central Valley (San Joaquin/Stanislaus Counties), East Bay (Alameda, Contra Costa Counties) and would like a free Home Seller's or Home Buyer's Handbook, please call us at Perfect Financial Solutions 866-750-8282 or direct 510-284-7721 or email at brooksrm2042@aol.com

 

 

 

 

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HAPPY and SAFE HOLIDAY SEASON to you and your family & Friends!
the Mother and Daughter Real Estate Team ~ Short Sale Specialists

Perfect Financial Solutions - We care about our clients Real Estate needs
Tel.: 866-750-8282
Fax: 209-879-4601
http://www.motheranddaughterrealty.com
 
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2 Comments on Are You Ready to Sell Your Home?

Hi Rosemary

I know what you mean about seeing all those signs everywhere that say foreclosure.

What's your thoughts on when the market rebounds one day. Do you think it is going to take some time to get buyers to get out of that low ball, everything should be treated like a foreclosure attitude?

I think the Sellers will think that all their homes will be priced right because "we just went through all that stuff" attitude will surface. I think the mentality will take longer to deal with than the actual problem. Either way, I am prepared for it.

Merry Christmas!!!!!!!!!!!!!

Tom Braatz

12/23/2007 02:12 AM by Tom Braatz, South Eastern Wisconsin (Tom Braatz)


Tom, I think it will take time for the market to recover.  However, I do not think it will take as long as it took for us to get here.  I think once the foreclosures start to drop off the many sellers that are waiting for a break will step up and you will see more notations "this is not a short sale" on the MLS.  At least, I hope so.

I am ready and willing and able to get going.

12/23/2007 02:33 AM by Rosemary Brooks -Mother & Daughter (866)-750-8282 (Family Realty Group - 866-750-8282)


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Real Estate Agent: Rosemary Brooks -Mother & Daughter (866)-750-8282 (Family Realty Group - 866-750-8282)
Rosemary Brooks -Mother & Daughter (866)-750-8282
Stockton, CA
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Family Realty Group - 866-750-8282

Office Phone: (866) 750-8282
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www.motheranddaughterrealty.com Mother of FAMILY REALTY GROUP - Mother and Daughter Team. I truly enjoy helping others and working with my daughter has added value to my life and business! Call or TEXT me 866-750-8282 GetDownpayment.com Call brooksrm2042 from your phone! AssignREO agent directory NationalHomeSearch.com website stats Rosemary, Real Estate Professional in 95304 Agents Online Idea Center Real Estate Forums Real Estate Blogs Directory - Directory of real estate blogs
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