Saturday, February 4, 2012

Can anyone offer some sugestions?

I would like to sell my house quickly before I am unable to pay the mortgage. What do I need to do to make the process easy. Should i sell the furniture first or should I leave the bare minimum. What type of repairs are necessary for a quick sale. My townhouse is located on the north side of Chicago near two well known universities, has one parking space, is very accessible to public transportation, and is about one block near the lake.Can anyone offer some sugestions?
A house that is well furnished and decorated (not cluttered) will be much more appealing to buyers than an empty one, so don't sell all your furniture but make it look like a model.

It's a buyer's market right now and buyers want a perfect house at a below market price.

Hire a good Realtor (ask friends and neighbors for recommendations). Interview at least 3 Realtors to list your house. They will give you CMA's (comparative market analysis) Price the house aggressively - make sure it is the best looking and lowest price in the area and it will go quickly.

If you can't afford to sell for a bargain price then keep it and rent it out until you can afford to sell it.Can anyone offer some sugestions?
Make sure it is clean. If you can afford to paint, paint the walls a neutral color, same for carpeting. If there is really old carpet with hardwoods underneath, pull the carpet and leave the hardwoods. Don't use that air freshener spray. use a neutral candle if you need to when showing.Can anyone offer some sugestions?
That's a loaded question.



Have you thought about renting? Will the rent cover your mortgage payment? Being near a college usually mean a good rental income.

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