Have you heard about today’s housing market? Prices are skyrocketing like crazy! It is likely that one of your neighbors has recently sold their home. Chances are that it sold for over asking price and fast! Maybe you’re curious how much you could get for your house? Maybe you’re looking to upgrade or downsize soon? So how much can you sell your house for? Here are some key things to look for when trying to price your home...
What is Your mortgage balance?
Why is your mortgage balance important? You want to know how much you owe because it will help you figure out how much equity you have! Your equity is the difference between the sales price and what is left on your mortgage. Your equity is the money you get to keep when you sell! As you’ve paid down what you owe and the market goes up, your equity goes up as well! Most homeowners don’t realize that the more equity they have, the more options they have when selling. Check out some of our Frequently Asked Questions for more information.
What about repairs and maintenance?
What is the general condition of your home? The condition of major systems and “big ticket” items like the heating, cooling, roof, appliances, paint, carpet, fixtures and cabinets, is important to consider. If they need maintenance or repairs, do you want to do the work yourself or pay someone to do it before selling? Or do you prefer to sell it “as-is?” Consider things from a buyer’s eyes: they will pay more for a fixed-up property in great condition. Investing a little money back into your home before selling will help its value. If you decide you’d rather not risk making that investment, or maybe you don’t have the time or money to make those repairs, The House Connection can help! We give every homeowner MULTIPLE offers and every one of them includes the benefits of waived repairs/maintenance and appraisals!
How fast do you need to sell?
Sometimes, homeowners need to sell their homes quickly. Perhaps you’ve got a job opportunity or need to move for some other reason? Life happens! Whatever the reason, some homeowners prefer the security in a guaranteed offer and a quick closing. In those situations, The House Connection can close in as little as 10 days. When you list your home, it could be 45-60 days before you close (if everything goes well)! With some companies, your timeline to sell could affect the final purchase price: you may have to trade price for security and convenience. However, with The House Connection, you get multiple offers every single time! We like to present sellers with choices. We recognize that one option may not be the best for every seller. That is why we give homeowners several options to choose from. We know that selling a home can be extremely stressful. It can be difficult to make the right decisions during the crucial moments of looking through your offers. We are here to nurture you and guide you through every step of the way!
Neighborhood
Did you know that the value of your home is affected by the value of homes that are nearby? Believe it or not, the value of your neighbors’ houses could determine the value of your home! If you’re located in an area that is in high demand, you may be able to get more for your home! There’s a saying that “you don’t want the best house in the worst neighborhood.” If your house looks amazing but all the houses nearby are distressed, you may not be able to get the best price possible when selling. With that being said, The House Connection gives homeowners in ANY neighborhood multiple offers! In both the best (and the worst) neighborhoods, we give homeowners multiple options to choose from when selling. How can homeowners make a decision that is best for them if they only have one offer to choose from (especially if it is a lowball!)? Fill out an offer form at The House Connection website to get multiple offers today! All these factors will help you get a better idea of what your house is worth. If you need help or further assistance, feel free to reach out to discuss all the options we can provide. We want to help you stay informed and there is never an obligation to request an offer! Contact us today at (931) 347-1988 for further information or visit our website at TheHouseConnection.com.
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