Is It still a good time to sell a house??
458366
it's base on where you live??\n\nfor example if you're in vegas, AZ, or new mexico keep the house around for a bit since the market there is still pretty hot.\n\nbut if you're in NYC or CA any over-saturated market you should get the hell ou ASAP. \n\ngood luck.
769824
If this is the house of your dreams and it is a great deal then go for it. This will motivate you to price your house properly with the market. If you wait till the market turns around then  other homes will cost you more when the time comes.
316920
Sounds good to me. Start talking to a bank or a reputable mortgage broker. Let them tell you how much they will finance and put down as little as possible. Keep looking for a house. Remember location is very important. Keep an eye on the neighborhood you are looking for a house and see how long it takes for a house to be sold. Also find out from a Realtor, how much the house price has gone up since last year on average. When people look at the house, they estimate the fair value based on square footage. In that sense, fixer-upper with larger square footage than typical neighbor houses would be a good one. Cul-de-sac is also  nice. Avoid houses on busy street. \n\nKitchen and bathroom remodeling is a must. A hard wood floor in even one room make it an upgrade. Estimate the material cost and add it to the house cost. That what you need to sell the house for to get the money back. Extra will be your profit. See if that's a reasonable expectation. Also don't forget, when you sell the house let's say in a year or two, you need to pay 6 % (more or less) to a Realtor unless you sell without one (which may be difficult). So, you need to add that to your cost, too. Good Luck.
891816
Hello, in the past two years you don't think the value of your current property has risen $15K?  If not then you should certainly wait.  Purchasing a new home right now also has its downside as their value may still be increasing but not as it was a few years back.  So I would sit tight for a bit and build more equity before you make any rash decisions.  You should never owe money out of pocket on your home when you sell it!!!
292643
In the current market (most areas have seen a slight but noticable decrease in home sales) I would go with a realtor. Unless you have the time/experience/resources that a realtor has at their disposal available to you they will have much better luck finding a buyer. \n\nIn this market the task is finding a buyer. Last year the task was simply picking the offer and closing on the house. \n\nGood luck
817193
Property sales are down everyplace, but prices are up in some areas even though sales are down. I think this a buyers market. Buy low and sell when it turns around in five to ten. In general I think this always works.
572120
It is silly to let a house go into foreclosure unless you've exhausted your other options.\n\nIf the house is worth at least the amount of the loan, you should put it up for sale immediately.
567839
Hi 90802!\nNow that the housing market is finally looking up, it's the perfect time to seek out a new place to live. This summer you need to shake off that "lucky I even have my folks to live with" mentality, polish up your shoes, and explore your living quarters options! There are fun, flexible, fantastic places out there just waiting for someone like you!\nNow, get out there and pound the pavement. Beat on some doors until you latch onto that incredible tree house or fort you always wanted!\n(I heard the LongBeach area is a great place to find a cardboard box near a dumpster behind the pizza joint?)\n-Kenny
788096
Place an offer based on what you're willing to pay.  If they're insulted they'll refuse but it's definitely worth the risk if you want the house at YOUR price.  They might even counter offer since the market is so desperate right now.\n\nAround here people are paying amazing low prices as compared with asking prices and some sellers are dropping their asking prices several times because there just aren't enough people looking.  This is normally an area where a good house can "turn" in a week or so.
126479
not sure about DC, the best way is to see if the inventory of homes is above or below average. If it is below, it is a sellers market, if above a buyers. A real estate agent in the area would know.\n\nIt wont affect prices too much either way until it becomes extreme so you probably don't need to worry.
143780
I always thought the best time to sell was in the spring. No one has any spare money in winter. In the spring people always look for a change, whether it be a lick of paint or a whole new house. \nAlso people see it at it's best in bright daylight with the garden plants in bloom.\nBuying a house in winter yiu can usually knock down the price a little as the sellers are usually more desperate then.
1100932
Keep in mind...........\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:\n\nhttp://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm\nhttp://www.brokerforyou.com\nhttp://www.san-diego-for-sale-by-owner.com\nhttp://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us\nhttp://www.brokerforyou.com/blogger/index.html\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com
616446
Prices grew by over 40% 2 years in a row.  Now prices have stabilized and homes are staying on the market longer.  Prices have not dropped, but with inventory increasing, it will probably happen soon.
10605
Hi I'm looking to buy a place also. You are somewhat younger then me, I'm 25. I think that a house is always a sound investment for people who can stay in one place for a long time. I would suggest talking to a real estate broker about your finances. But the real question you should ask yourself is, “At this young age am I ready to stay in this home for at least 5 years?” If the answer is no then I would continue to rent.
619374
I wouldn't For Sale by Owner if I were you (unless you happen to be a license Realtor).  For Sale by Owner's only work 18% of the time - most just prolong the time it takes to sell their home, then end up hiring a Realtor anyways.
634179
Never offer the full asking price. I would start out offering 10,000 less than they are asking. They'll probably negotiate with you till you come to a happy medium. Happy house buying!
1106673
if you can agree with the buyer you can set anyday to move out. its up to you and the buyer