2 Things You Need to Know to Properly Price Your Home In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms.
Home staging is the art-yes, art-of presenting your home in such a way as to give potential buyers that warm, fuzzy, I-want-to-live-here feeling. You can hire a professional stager, ask your agent to help stage, or stage your place yourself, but you’ll almost certainly get more for your home if you address this issue.
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The loan is going to fall $10,000 short of what you need to do the deal. You will have to lower your price or the buyer will have to bring additional cash to closing. In a refinance, however, a low appraisal may not be a deal breaker. Let’s say your lender is willing to loan you as much as 80 percent of your home’s value.
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