We Buy Houses Philadelphia

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How to Set the Sales Price of Your Home (for FSBOs)

The value of your 3 bedroom house is tied to the selling price of other similar style 3 bedroom houses in your neighborhood. Below are a few things to consider:

  • Estimate your home’s market value — Find the selling price of similar homes in your neighborhood. Internet databases of county records and other services make this task easier than it might seem.
  • Flexible on financial terms — A Buyer might be willing to pay more for your house if he or she can take over your current mortgage, or if you are prepared to provide seller financing.
  • Higher Demand in spring and summer – If you live in Philadelphia then spring and summer months usually have higher demand and this can lead to higher prices.
  • What’s included/excluded in the sale – negotiating with the buyer to include newer washer, dryer, refrig, etc. can increase your asking price.
  • Talk to a Real estate Pro – consider hiring a real estate appraiser (costs money), or calling a real estate investor (free estimates).
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March 17, 2011 - Posted by | Uncategorized | , , , ,

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