Sell Your Home on Your Terms: Price or Timing

Did you know that when selling your home, you can pick exactly how much it sells for? Or exactly when it sells?

You get to pick one

Want a specific price? Say $1 million. If your home isn’t worth that today, it may be someday, since real estate has historically gone up over time. You’ll just need to be patient.

Want to sell in the next few days or weeks? Price your home accordingly for today’s market, and it will sell.

Want both? Good luck. You’ll need to be realistic. The closer your price is to market value, the more likely you are to get both.

Choose your team carefully

It’s important to know who you’re working with in real estate: your REALTOR®, your lawyer and your mortgage broker.

Joe recently saw buyers working with a mortgage broker known for over-promising. The broker promised them the world, couldn’t deliver, and the buyers couldn’t get the financing they were counting on.

Before you commit:

• Ask for referrals from people you trust
• Check reviews
• Ask your REALTOR® who they recommend and why

Getting help with a down payment

The down payment is often the hardest part of buying a first home. Government and lender programs come and go, and some come with strings attached, like repayment terms or sharing in your home’s equity. Read the fine print.

Some buyers get help from family, often as a gifted down payment. Lenders have specific rules about where down payment money can come from, so talk to your mortgage broker before you count on family help.

Narrow the gap

Call 289-276-1716 or get your home value.