| If you have been thinking about selling your home, you | | | | prequalified. |
| might be a little bit deterred by the slow down in the | | | | A consultation with a mortgage advisor will help you |
| real estate market. You may even be asking yourself | | | | determine whether this is the right time to sell and also |
| if you have missed an opportunity to sell your home. | | | | help you determine what your buying potential for a |
| Before you decide that you are going to have to | | | | new home could be. |
| remain in your home for several more years, realize | | | | How Much Do You Have Left On Your Current |
| that there is never either an absolutely right or | | | | Mortgage? |
| absolutely wrong time to sell a home. Demand will | | | | If you are like most people, you have a rough idea of |
| vary, there are definitely peaks and valleys, but overall, | | | | how much you have left to pay on your existing |
| there will always be buyers and sellers. | | | | mortgage. But it is better to get a truly accurate |
| As a seller, you have to make sure that your home is | | | | amount. Find out how much your pay off amount will |
| attractive and will bring in interested buyers. But you | | | | be, so you can evaluate it against your potential sales |
| are also a buyer, and let us face it, there is no better | | | | amount, so you really know how much your equity will |
| time to buy a move up house than right now. | | | | be. |
| Before you get ready to put your house on the | | | | What is Your Current Home Value and Selling Costs? |
| market, you should take the time to evaluate whether | | | | Contact a real estate agent to find out how much |
| this is the right move for you. If it is, you want to | | | | your home is worth. An agent will pull comps, sales |
| prepare your house to sell quickly. The following steps | | | | prices for other homes in your neighborhood that are |
| will help you with the decision making process. | | | | similar. |
| Contact a Mortgage Consultant | | | | At the same time, your real estate agent can also give |
| You may think that you qualify for that move up home, | | | | you a rough estimate of total expenses which include |
| but some home buyers have found themselves in | | | | commissions, fees for attorneys, taxes, and expenses. |
| uncomfortable positions. Before you go out shopping | | | | Deciding to sell your home is a big decision. Before you |
| for new homes, meet with a mortgage consultant. A | | | | put your home on the market or start looking, make |
| consultant will take the time to discuss your options, | | | | sure that it truly is the right time for you. |
| evaluate your buying potential, and help you become | | | | |