Home Seller Tips Archives - Cary Real Estate-David Williams Cary Realtor

Ask Cary Real Estate, What is a Short Sale?

Post author:CaryRealEstate
Post published:December 9, 2009
Post category:Ask Cary Real Estate

What is a Short Sale? A Short Sale occurs when a home seller is allowed by their lender to sell the home for less than what’s owed on the mortgage.

If you are a home seller you may be thinking – I like that idea – not having to pay back as much as I owe – well, of course, it’s not that simple. Typically several things need to occur before your mortgage holder will consider a short sale:

1) You are delinquent on your house payments

2) You have no other assets or ability to cover what you owe

3) Short Sale is the only option to avoid Foreclosure

4) Lender considers short sale necessary and possible

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Conversations on a Plane, Home Seller is Looking for that Special 'Someone"

Post author:CaryRealEstate
Post published:November 13, 2009
Post category:David's Journal

I boarded a SouthWest Jet this morning at Raleigh-Durham, headed to sunny San Diego for the annual Realtor convention. The inevitable happened – the conversation with a stranger – it…

How to Avoid a Huge Home Pricing Mistake, Home Seller Tips from Cary Real Estate

Post author:CaryRealEstate
Post published:November 9, 2009
Post category:Selling

quotation-marks seller pricing

There are many factors that go into properly pricing a home, this is a simple yet powerful tip! We all know the age old marketing ploy, price something at $9.99 instead of $10, it just sounds better right? No doubt this approach works it’s magic on our minds when we stroll the aisle of Target but don’t make the mistake of using this strategy with your home.

It can be a HUGE MISTAKE to price your home at $299,999 instead of $300,000!!

Curious Why? I hope so. It’s one of those simple things that’s so easy to miss.

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