Should I Short Sale Or Stay In My Home In An Improving Market?
There are times when tough questions deserve an honest answer. A question homeowners like yourself are asking every day is, “Do I short sale my home or stay and tough it out?”
Not an easy decision as there are many factors and there are never easy answers. Either way, to make the best decision, you should have all of the information in front of you.
How Raising Home Prices Have Put More Homeowners On Solid Ground
Because of the market crash, many homeowners found themselves “underwater,” with mortgages worth more than the value of their homes. The last five to six years showed little light at the end of tunnel, and many simply stopped believing the market and their situation could improve.However today’s market has improved drastically, but many have yet to realize it. Today, there is hope for homeowners who found themselves stuck or struggling due to the market crash.
If you know one of the millions of homeowners who were underwater on their mortgage, or if you have been waiting to sell your home until the market improved, now may be the time to sell!
Being able to see the current market value of your home and projecting when your investment will break-even and become an asset again is invaluable to your decision making process. With the Short or Stay Calculator you’ll be able to do so in a matter of minutes.