The real estate market is hopping and houses in your neighborhood are selling like hotcakes. You, however, are stuck owning the house that wont sell.
Owning The House That Wont Sell
We first need to get some common anxiety issues out of the way. There is no curse on your house. Real estate agents are not conspiring against you. Home buyers are not tasteless idiots. Well, not all of them. If youre stuck owning the house that wont sell, there has to be an identifiable reason and you should be able to find out what it is. This is particularly true in the current real estate market.
The single biggest and easiest issue to address is the price of the home. Simply put, are you being reasonable when it comes to price? What are the comparable home sale prices in your area and how does your price compare to the sold houses that most resemble the condition of yours? If you are asking for more than similar houses, finding a buyer is going to be difficult. Remember, the issue is the appraised value, not what you subjectively think your home is worth.
One area where people get into trouble is improving beyond their neighborhoods. This occurs when you pursue...
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