Trying to sell house to go full time HELP!!
Been trying to sell the house for about a year, so that DW and I can go full timing in the motorhome. Have had a couple of offers, but seems like there is always some reason they fall thru. We have a ...
Forum Discussion
rgatijnet1 wrote:
If the house has not sold in over one year, the asking price is too high. If you go online, and go to your county tax assessors website, you will find the tax value and the fair market value for your house. If you are asking more than that, it is going to take awhile to find that ONE buyer that wants exactly what you have.
It does not matter if you are underwater with your mortgage, etc. The value of the house is determined by what buyers are willing to pay in your neighborhood for your house. Many times a real estate agent will inflate the value of your house to get your listing but after one year of no sale, it is obvious that the asking price was too high for what buyers in your area are willing to pay. It also sounds like your house is the nicest on the block and maybe the nicest in the entire neighborhood. This is a good thing when you live in the house but it is a bad thing when you are trying to sell.
The problem now is that it has been on the market for a year and all of the local real estate agents know about it. If you change brokers and you DO NOT drastically lower the price, it will not generate any new interest. ONLY a price reduction will get things going again.
x2, the home is likely priced too high if on the market for a year. The garage is more of a purpose built item, there are those that would benefit from it but definitely not all. I would bet the garage makes it more difficult to sell.
