Tuesday, February 21, 2012

12 Ways To Sell Your House In This Crappy Market #6

12 Ways To Sell Your House In This Crappy Market

Finance 101

Realize it's harder to qualify for loans these days. Credit records are under greater scrutiny, and lenders are often demanding a 10-20 percent down payment and some pricing flexibility from the sellers, especially if the lender's appraisal doesn't reach the asking price.

Consider cash offers, even if they're not the highest. Reject too-low offers from homebuyers gently and with encouragement, telling them they're oh-so-close. You don't want to give away the farm, but you don't want to give it back to the bank either. These days, meeting halfway usually means meeting buyers on their half.

Posted via email from Scott Deaton's Blog

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