Housing Wire
FEBRUARY 21, 2023
High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says. “As If it’s not moving, change the pricing so it does move.
PennyMac
JANUARY 2, 2024
Very Motivated Sellers Sellers are often motivated due to less competition from buyers. Plus, sellers may be tired of waiting for a sale if the home has been on the market since the summer. Motivated sellers may be more willing to accommodate your schedule. You’ll have less competition as homes hit the market.
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Lamacchia Realty
DECEMBER 3, 2021
They will only pay what they think the property is worth, and only what they are willing to pay. Some home sellers price a home according to what they want or need. A home seller may have a number in mind that they want to cover moving costs, commission, or to make a profit. Some sellers will even say, “We’re in no rush to sell.
Eppraisal
SEPTEMBER 29, 2023
On the buying side, this includes mortgage payments, property taxes, homeowner's insurance, and maintenance expenses. Conversely, in a seller's market with high demand and limited inventory, renting could be the better option. Understanding your financial health will give you a clear picture of what you can afford.
AmeriMac
APRIL 15, 2024
A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Some lenders, such as Fannie Mae, even allow for a property inspection waiver (PIW) in certain cases, making the appraisal process even quicker.
Eppraisal
FEBRUARY 22, 2022
As is evident, a seller can take advantage of inflation with a high sales price, especially if the seller is downsizing to a less expensive residence. Mainstream wholesalers are often most interested in distressed properties so it is doubtful that inflation will significantly make purchases cost prohibitive.
Cleveland Appraisal Blog
APRIL 21, 2022
Second, when searching for sales that are similar to the property being appraised, I’ve never read agent comments in the Multiple Listing Service (MLS) that state, “This home’s list price is being reduced by ten percent because the neighbors are difficult and crazy.”. Sellers want to capitalize on how much they can sell their homes for.
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