In today's very tight real estate market, buyers are making mistakes that can cost them lots of money, time, and even the home they really want. Remember , you don't want to lose out on the perfect home for your family because you spent too much time and argued too much looking for the best possible deal or the best possible loan. A little bit of flexibility coupled with the ability to see what could be, can make your home hunting expedition much more successful and rewarding in the long run. Yes, you may lose out on bragging rights among your friends, but you will have found a comfortable home where you and your family will be happy for a long time.
How to compete against short sales and bank owned properties? It's a tough time to sell your home in this market. You are competing with bank owned homes and short sale properties that have driven down home values. What can you do to compete and maximize your sales price?
The first thing you need to do is recognize your competition. The second thing you can do is to offer a buyer assistance with their financing. The 3rd thing a seller can do to maximize their sale is to be creative with financing.