Pricing a home to sell is one of the toughest jobs... to decide on the correct price you must know the current and local market.

Many home owners put years of hard work and money into their homes; it is very difficult for them to be objective when setting a sales price. Home improvements do not always have a dollar for dollar return... Pricing a home for sale depends on what has sold recently and what is similar to the home being sold.

Sellers normally do not have the data to make a good sound decision. Many times a for-sale-by-owner will disagree with a Realtor and price their home higher than comparable homes in that area.

If you are a Buyer and new to the area then many times you will not know you are paying more for a home than it will appraise for.

If your contract does not have a contingency stating "the property must appraise for the sales price or higher" then you may be required to pay out of pocket for the difference. 

A Buyer does not pay a Realtor for their service but having a Realtor represent you can pay you in the long run... by saving you thousands of dollars.

A Realtor can advise you on pricing a home, negotiate a good deal and insure the contract protects your interest!

Good Luck with your new home purchase...

if you have any questions feel free to contact

Brenda Tressler  

Click here for answers to your home buying/selling/financing questions.

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Brenda Tressler

Loan Officer

Integrity Mortgage Services

(931) 206-1907 Cell

(931) 905-6900 Office

brenda@imsiloans.com

"Let me be your friend in Financing"