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Replies (10)
- Linda Strasberg, "L Strasberg"
- Contributions:2315
Some folks prefer to buy low and sell high...some have to sell low...every situation is different
- Jack Ziegler, "Team Ziegler"
- Contributions:179
Hi,zestimates are rough. estimates. Call a real estate agent and he will do a comparative mkt analysis to get an accurate price and help you get another home..
- Sharon Kopcza, "sharonkopcza"
- Contributions:22
Zestimates are just an estimate of your home value. A Real Estate Agent can help you determine the market value of your home. Talk to 2 or 3 agents to get their opinions and ask them what they will do to market your home. If you want a referral to an agent in your area who can help, click my name and then click the contact link and I will be glad to help.
- Brandon Nelson, "TheNelsonGroup"
- Contributions:151
If you are not happy, you should move. Life is too short to be unhappy. The most valuable asset is not a house or any other material thing, it's time, and we are all limited on how much we get.
- hpvanc
- Contributions:2579
You need to determine what you property is really worth, could be less than $274K or may be more than $283K. I would suggest finding out the least expensive way to get an appraisal, even if it is only a drive by to determine what the maximum buyers loan value would be, and keep in mind that it will be extremely difficult to achieve that maximum in this market.
With that knowledge make the business decision that is right for you.
With that knowledge make the business decision that is right for you.
- JazziLAdyNC
- Contributions:3
Thank you all for the helpful advice!
- Shannon Thomas, "sthomasrealestate"
- Contributions:218
A Realtor will be able to help with a CMA to determine what your home should be listed for. It could be higher or lower. One thing is it doesn't cost anything for the professional opinion of a Realtor.
- sunnyview
- Contributions:25139
You might want to see if you are eligible for the the HARP program here. It would allow you to get rid of your balloon and get a fixed rate loan at a lower rate. You would have to run the calculator here to see if that would lower your overall payment, but it might.
Lowering your overall monthly expense may mean that you could rent out your current house and buy a different one once you have met the one year owner occupancy requirement for the HARP program. It may also mean that you can save more toward your next house. Take a look and see if it might work to get you where you want to go.
Lowering your overall monthly expense may mean that you could rent out your current house and buy a different one once you have met the one year owner occupancy requirement for the HARP program. It may also mean that you can save more toward your next house. Take a look and see if it might work to get you where you want to go.
- JazziLAdyNC
- Contributions:3
Thanks sunnyview! I will take a look!
- Call The Sisters, "Call The Sisters"
- Contributions:373
If you hate your neighborhood and really don't like the house, get opinions from more than one local Realtor as to the value of your current home. That's the first step to formulating a plan.
Be upfront and explain to the Realtors you are trying to explore your options. A local Realtor will know the average marketing time in your area which effects how quickly you might expect to sell. They can also advise you how your home stacks up with the others currently on the market.
Waiting to sell may not be a wise idea depending on the trends in your local market. Here is an article published by CNN Money regarding real estate predictions CNN MONEY
The article is generalized and the markets likely to see a decrease are not named. Hate to sound like a broken record - but only Real Estate professionals in your area are in a position to know local trending.
Be upfront and explain to the Realtors you are trying to explore your options. A local Realtor will know the average marketing time in your area which effects how quickly you might expect to sell. They can also advise you how your home stacks up with the others currently on the market.
Waiting to sell may not be a wise idea depending on the trends in your local market. Here is an article published by CNN Money regarding real estate predictions CNN MONEY
The article is generalized and the markets likely to see a decrease are not named. Hate to sound like a broken record - but only Real Estate professionals in your area are in a position to know local trending.
Should I sell? My Zestimate is $274K and I owe $283K/
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