Mortgage Loans - Tips & Tricks » Own or Rent? http://blogging4mortgage.com Learn how to avoid foreclosure and pay down your mortgage faster Tue, 06 Apr 2010 19:21:09 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Now is the Time to Buy, But Can You Sell Your House in this Market? http://blogging4mortgage.com/2008/06/25/now-is-the-time-to-buy-but-can-you-sell-your-house-in-this-market/ http://blogging4mortgage.com/2008/06/25/now-is-the-time-to-buy-but-can-you-sell-your-house-in-this-market/#comments Wed, 25 Jun 2008 22:41:50 +0000 Braxton Haines http://blogging4mortgage.com/?p=24 Over the past few months as housing prices have continued fall, so it has opened up opportunities for many people who would previously not have been able to afford a house. The only problem is that for those of us who currently own a house, not only will we have a hard time selling, but we might also have a hard time getting the price we want when we do sell since the market is so low.

I just read a great post Getting offers in a tough real estate market which gives hope, but even so, I’m still not sure that I’m ready to pull the trigger and actually try to sell my house. The article talks about how to get people interested in buying your house, in a tough market. The article also mentions the market being “payment” and “mortgage” driven, which I think it should always be. If it were this way for the last 2-4 years, we wouldn’t be in this huge housing crisis.

If you’re trying to sell your house that you bought in the last 2-5 years, you may have a hard time getting the price that you want, because you’re probably looking at selling it for a price equal to or less than what you paid for it. And if that is the case, staying in your house rather than trying to buy a new one would probably be the best option.

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