I get the question a lot, how should we price our home in this market? Well this might be bitter tasting medicine, but this is not the time to price your home at a price that you could be fishing for someone in a different pond. I’m won’t tell you what to do when we price your home, but I will tell you what I think.
“People looking for a size twelve don’t look in the size 8 shoe rack”
Price your home competitively, if your home has 10 similar competitors on the market, you should at least be in the top three if you would like to sell your home in a reasonable amount of time. When things really get under way in a few weeks, you don’t want to be left on the shore when the boat leaves.
This spring should be a great market, I’ve been running like crazy getting people ready to buy and sell in the coming months. Probably about double the amount I had this time last year. I’m confident this spring will start with a bang in our real estate market.
Real Estate has plenty of ups and downs, this year has been serving them left and right in our economy and in our real estate market. As an investor the outlook has gone from grim to much better. I encounter lots of investors who bought at the height of the boom and now are stuck with investment properties that aren’t what they would buy in today’s market. Let me give you a few tips to maybe lessen the burden of keeping some of those properties.
Keep them up to code, property violation fines are costly and unnecessary. Have regular inspections done to assure you’re up to code.
Keep good records
Shop for the best price and quality of work, the cheapest isn’t always the best which you probably already know, avoid doing the job twice
If you are financially distressed and need to unload some of your property due to rising cost of ownership, a short sale could be an option (this is not a quick fix and should be handled by a pro)
Don’t let this market paralyze you, if you’re capable of buying without betting your home, do it
Network with other people to find people who know what they’re doing, the real team players
Just make it happen
Stay the course and weather the storm, we’re all in this boat together!
Directions: 501N through Neffsville, TR onto Oregon Rd, TR onto Ashford, TL onto Long Meadow, TL onto Amesbury Rd. Public Remarks: Quiet neighborhood. Manheim Twp Schools. Large yard, 2 car garage, 3 bedrooms & 2 baths. Great place to raise a family. Newer carpet. Fishpond. Very warm home.
Design: Other - See Remarks Stories: 1.5 Story Type: Detached Condition: Good Interior Features: Built-in Dishwasher; Skylights; Smoke Alarm Dining Area: Formal Dining Room; Living/Dining Combo Miscellaneous Rooms: Laundry Room Basement: Finished; Partial; Walk-out Fireplace: Family Room
Heat: Forced Air; Oil Auxiliary Heat: Fireplace Cooling: Central Air Water: Public Water Hot Water: Electric Sewer: Public Sewer Lot Description: Level Lot Size: Less Than .25 Ac Fencing: None Parking: 2 Car Garage; 4+ Car Garage Access/Limitations: Public Road Age: 31 - 40 Years Construction: Stick Built Exterior: Brick; Vinyl Roof: Composite Shingles Misc Exterior: Deck; Insulated Windows; Outbuildings; Porch;Shed
Zoning: Residential Miscellaneous: # Fireplaces: 1; # Off Str Prking Spc: 4 Financing: Conventional; FHA; VA Documents Available: Sellers Disclosure
Directions: East on King St, R onto South Ann to home on left Public Remarks: Grand old row home in need of TLC. Bring your ideas to transform this classic row home into quite a place!
Design: Traditional Stories: 3+ Story Type: Row Home/Townhouse Condition: Fair Interior Features: None Dining Area: Formal Dining Room Miscellaneous Rooms:None Basement: Unfinished Fireplace: Family Room Items Incl in Sale: None
Heat: Forced Air; Oil Auxiliary Heat: Fireplace Cooling: Window Unit(s) Water: Public Water Hot Water: Electric Sewer: Public Sewer Lot Description: Clear Lot Size: Less Than .25 Ac Parking: On Street Parking Age: 100+ Years Construction: Masonry Exterior: Brick Roof: Composite Shingles;Metal Misc Exterior: Balcony;Covered Patio
