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Anita Kay
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Know Your Price Range

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You have just found the perfect new home for your growing family, but it is a little out of your price range -- unless you can get an extra $20,000 for your current home. One can never be sure how much a home will sell for. It is always possible to list a home for a little more than it may be worth in the hopes that you could get lucky. After all, it just takes one buyer, and the market is busy!

However, if you want to sell your home quickly, maybe you should consider taking less than you hoped to get, therefore, keeping the price a little lower. Don't buy and sell so close to the wire that you become concerned that the numbers aren't as close as you would like them to be. If you set your price within 5% of the market value, you greatly increase your chances of getting good offers that will result in a relatively fast sale. There may be other ways to increase your buying power and get you into that new home, such as adjustable rate mortgages or owner financing. When you are selling one home and buying another, you will need more than luck and the possibility of finding one person who may be willing to pay the extra amount you would like to get. Remember, you will need a highly professional Realtor who can give you solid advice on how to make the transaction work for you.

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