Profile picture for skipcoridaz

thinking about selling my house

address is 5608 maypop road west palm bch fla 33415. everything works good just nneed tlc cosmetic fix up inside. pretty lot lots of privacy and plants large trees eeverywhere. want to sell and hopefully make enought to buy a home near my kids in lake county ..i owe about 34000.00 have lived in this house about 20 yrs now . my qquestion is it possible to receive any cash from sale of this prop to move to lake co. and buy something up there thank you linda mccullough
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May 15 2011 - West Palm Beach
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Answers (15)

Depends on how much you owe and sells for
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February 14 2012
If your property is worth more than what you owe you may have enough.  The way to know for sure is to deduct the expenses to sell, from what you can realistically get for your property, keeping in mind, you'll need to net enough money for a downpayment and closing costs, for your purchase in Lake County, not to mention generating enough cash to pay for moving costs.
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February 02 2012
Hopefully you sold your home by now, if not let me know and I will try to point you in the right direction. Have a great day!
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February 02 2012
Contact a Zillow premier agent in your local area and they will be able to give you a ball park estimate of what you would be likely to bring in and all the costs associated. If you would like a referral I would be happy to provide one. [phone number deleted by Zillow moderator. Please see our Good Neighbor Policy]
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July 19 2011
If you need a name of a realtor, click on any one of our names and we will happily give you a referral. Good luck to you.
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July 07 2011
Disregard Zestimates.  Talk to local Realtors before you decide which course of action to take. Only a professional can give you an educated valuation. 

Any TLC will lower the expected sale price of your home.
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June 25 2011
The Zestimate is not going to be a true value picture of your home, talk to a local realtor, it doesnt cost you anything, interview several. Ask you friends if they can recommend anyone.
If you have family in this area, you also might consider renting it. The rental market is good.
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June 25 2011
Profile picture for the_country_hick
The zestimate could be high or low.

If you want a better idea of what your house might sell for ask a few (at least 3) real estate agents for a (free) CMA. The Comparative Market Analysis should be close to what a house could sell for. Some agents will give a high value trying to buy a listing. Ignore the highest priced one. If they are all fairly close in price you have a decent idea of what your house could sell for.

The only way to really know what a house is worth is to pay a few hundred $$ to get an actual appraisal. Even then different appraisers will give different amounts.

As far as the market going back up with higher prices you have at least 5 years to go. Even then I would look at 1997 prices adding about 35 maybe 40% (now) for inflation (wage growth) since that time for future prices. It could be 10 or even 20 years before significantly higher prices come. Look at what happened to Japan. They had about 20 years of falling house prices there. We might do the same thing here, we might not.
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June 23 2011

If you want to sell in the near future, you have about 90 to 120 days to maximize your price. Simply put there is a large amount of foreclosures about to hit the market.

Celia Chen, of Moody's Analytics explains:

"Foreclosures are weighing on the outlook for U.S. house prices, and the slow resolution of issues surrounding the so-called robo-signing scandal is keeping distressed homes off the market".





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June 23 2011
Profile picture for skipcoridaz
the estimates i am getting on my home are less then i paid for it 20 yrs ago. i paid 50000 now its worth 48900 . i owe just about same said amount. guess im just stuck here until market may go up???? only way i could possibly even think about moving if someone who also wants to trade houses and mortgages
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June 23 2011
Most people sell when they need to. Whether they are changing location for their job, if they have outgrown their home by having children, if they need a single level home because they are getting older and stairs are a problem (or from an injury), if they need to reduce their mortgage payment, if they want to downsize, etc.
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June 23 2011
hopefully you have found a realtor who can give you some good solid advice. I do not sell real estate in that area (I am in North Carolina) however I do have a realtor I use there, if you want her name and number, click on my name and email me. Thank you, good luck on the sale of your home. Please feel free to always come to these boards to ask questions about things you are unsure of regarding real estate.
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June 19 2011
skipcoridaz,

The best way to answer all of your questions is to sit down with 2 or 3 Realtors in your area.  If you have a couple of people giving you their best information you should have an accurate picture of what you can do in your situation.  I can tell you right now in our market if it doesn't shine, getting offers or good offers will be tough going.  Properties need to be in great shape in this market but their are a few buyers looking for "fixer upper".  The problem for you will be they want to "steal" those.  Good luck!

Shawn
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May 16 2011
Hello my name is Chris Meyer with castles by the sea realty there's alot of questions to answer. But it seems like there should be equity in your house I could do some comparables to see what your house should be priced at give me an email or call me. Have a great day
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May 15 2011
Profile picture for wetdawgs
You can get the Zestimate for your home here.   Cosmetic fixups required will lower the price you can obtain for your home.
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May 15 2011
 
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