Wednesday, March 12, 2008

Selling your Home?

Today's Real Estate Market is to say the least unpredictable because of the mortgage situation - Not Your House Value!Make sure that you find a realtor that has strong knowledge of why things are happening and not just handing you a Competitive Market Analysis on your house and convincing you that it is indeed accurate because it probably is not. Lenders in Today's market are looking at house comps no more than 6 months old and will stay in the same neighborhood for those comparables unless the comparables do not exist. The old school realtor will hand you a CMA and say here is your value. What is more important to distinguish is that very rarely is the CMA appraised value of your property.The appraisal takes into account many more variables than a CMA so be careful not to fall into the 6 month listing trap and have your price lowered 5 times. The value SOLD to you in the beginning was not accurate and was done only to earn business. Please see my home site at http://www.tombrewerjr.com for more information.Happy Real Estate Shopping!!

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