Foreclosure painful option

Monday, October 4, 2010

When will it sell?


Are you planning to sell your home? Perhaps one of the first questions that will pop up from your mind is how long it will take for your home to sell. Statistics show that 40% of homes usually sell within the first month of listing. However, this is not always the case. Many factors may affect the length of time your home will take to sell.


First, look at the neighborhood your home is located in. If there are a lot of buyers looking for a home in that neighborhood, you have a market in which it may take faster to sell a home. However, you will also need to look into the business climate of the neighborhood-- What establishments are present? Do you have schools around? How are the interest rates of homes for sale in your area doing?

Then, you have to check the condition of your home. If you really want to make your home sell, it has to be in good selling condition. Make sure you fix the exterior of your home (including the lawn) and organize the interior. As much as possible, try to put a fresh coat of paint that looks warm in the eyes and remove all the clutter. Remember that you want to make your possible buyers feel at home!

Finally, the price of your home is a huge factor in selling it. You have to make sure it is not overpriced nor underpriced by checking the selling price of homes within your area. If you are unsure about it, hire an agent who can help you price your home and list it when it is ready.

Do you need more information on home selling? Visit this site for free real estate tools, articles, and reports!

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