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The market is soft right now, so selling your place might take a while (hopefully not), don't get discouraged if it doesn't sell right away. Good luck!
So i just put my house on the market to sell this week. My wife is pregnant, and we just need a bit more room.
House is 1572 Sqft, 4 bedroom 2 bath, 2 car garage...asking 148k.
Has anyone recently sold a house? How long did it take? Any good tips on keeping it ready for show? Thats going to be the hardest part is keeping it constantly spotless for showing. We have pets, so pet hair is a constant battle...
My brother in law is selling us their house (they want to move too) it is 2400 sqft, 2 story, 3 bedroom 2 bath...huge back yard, sprinkler systems, water softner...really nice place, and only asking 167k if they sell to us privately. It markets for 185k, so its a fairly nice deal.
anyway...just wondering what you guys' experiences have been.
The market is soft right now, so selling your place might take a while (hopefully not), don't get discouraged if it doesn't sell right away. Good luck!
when people say "a while" does that mean 1 month? 4 months? 10 months? i always wonder what is considered quick or long...
Friend of mine sold his house 2 years ago, and it sold in 1 day...lol...i dont see that happening (it cant happen now anyway) but...is 1 month a while?
My main goal is to be in a new house by feb 1st which is when our baby is due.
id hate to be going through all this while trying to bring home a newborn.
I think it all depends on the area and how "hot" it is. I'd check real estate websites to see how fast other houses are selling and all that stuff and to see if your house is compe ively priced and what your house has that others don't (as in upgrades, landscaping, etc).
Just find a realator thats willing to do a little "extra" to close the deal.
Where is your house? Over the last couple of years I've noticed in our area (Stone Oak) homes stay on the market for a pretty long time, like a year or so. I think it's probably because everything is so over priced here. I'm sure there are better deals to be had in other areas of the city so maybe the selling periods are shorter. Ooops, I didn't even ask if you all are in SA!
Yea i live out on the Northwest side. Wildhorse Subdivision to be exact. Braun road and 1604.
the realtor showed me a list of houses that are for sale, and ones that have sold recently. Quite a bit have sold over the past 5 months or so...most i guess with in 45 days roughly.
hopefully thats a good sign...what i dont like is there are currently 3 other houses, the exact same floorplan as mine, in my neighborhood, for sale right now.
Is that going to be your first child?
yes first child.
We find out in about 1 week whether it is a girl or boy
also on the house. We have only lived here for a little under 2 years and already have about 25k in equity.
i owe 120k on the house, and expect to sell for about 145k
That'll probably be the biggest stumbling block. Any chanceyou can get in to see those other homes? Or send a spy. You need to make sure your home is priced accordingly and then make sure it has that little "extra" that will make it the most appealing.
Congratulations on the new arrival. Hopefully you sell your house soon. The market is not as good as it use to be because of that prime lending thing. However, some houses are selling quick while others are lasting a bit long.
Congrats. Sleep now while you can.
Is there a particular reason you can't/don't want to move into the new house sooner?
I worked in real estate for the last decade (I'm not an agent myself, but I've seen enough to know what I'm talking about) and it is about 1,000 times easier to market a single family home when it's vacant. People want to be able to imagine their stuff inside the house when they view it, and not be distracted from it's appeal by someone else's crap.
IF it's a possibility, I would suggest doing the move now, cleaning and prepping your current house, and marketing it completely ready to move in. I imagine one concern would be having to handle two mortgage payments at the same time, but you can be pretty sure that your house will sell faster this way.
depends if that is a low price or a top price
the house has to be appraised so you can close anyhow (usually that is good atleast 90 days ) if you get it appraised now you know if you are asking to much or not
usually 90 days. if someone here nows a realtor where they live why not ask them and then post it here for the fellow spur poster
if the house is empty it looks bigger but it is harder to picture how much room the person moving in will have
I prefer looking at a vacant house. it is easier to show also because you do not have to make appointments.
See, I've always heard the opposite. That it's harder to sell an empty house. I just googled "is it easier to sell an empty house" and all the hits are saying no.
It's not easier to sell a cluttered house, hence the staging. I watch a lot of house selling shows and flipping shows and they always suggest staging.
Soul Patch, I'm just down the road from you on Braun. Nothing is selling like it was a few months ago. My 'hood' sells pretty quickly and there's quite a few houses that have been on the market for a while. My friend who lived in my hood was able to sell in a day, but I think she just got lucky. The house next to hers as well as one as a few doors down has been sitting for a few months.
i cant afford two mortgages...
Without anything but my own personal experience as a source, I think that vacancy is the key. A perfectly staged vacant house may sell faster than an empty vacant house, but they'd probably both sell faster than an occupied house.
can you rent your place and buy the new one?
(unless you need hte equity for the new DP..)
Im sure it'd take just as long to find a renter as it would a buyer. Im really not in a huge hurry, i just want to get it done before next year.
The house im buying still has my sister and brother in law in it...They aren't ready to move out either.
I don't know, but not many people can carry two mortgages, so there are very few empty houses that are for sale to begin with.
People can't go into a house and visualize. My house was empty when we bought and it needed updating as it had horrendous wallpaper. But I knew that I could change that with paint. I also know that when I go to sell, I will have to tone down some of the colors because I know some people are lame. And I know I'll have to put some stuff in storage.
Making your house clutter free and clean is the key, imho.
I'll sell you an RV you can live in for very cheap while your home sells.
I guess it just depends on your situation. I had a buyer for my house so never even had to list it, but we had to move relatively quickly ... so I needed a house that was empty. And the only ones we could find that we liked that were empty or could be empty in 30-45 days either sold before we could offer or we found something wrong with the house. Which is another reason we bought a brand new one.
Babies bring luck!
Congrats and I hope it all works out well for you.
I've only sold houses I've been living in, and S y is right IMO.
You've got to keep it clean and as clutter free as possible. It's a pain but it will help.
Certainly the first/most important step.
And I'm not at all suggesting that it's impossible to sell a house that's occupied. It's not. But a house that's empty (vacant) and move-in ready has a lot of appeal over one that isn't.
And if a prospective buyer has a choice between two similar houses, one occupied and one vacant, there's not a doubt in my mind that the vacant one will move to the top of the list. They're easier to show, more comfortable to view and don't come with the potential closing/moving date slow downs.
haha i bet...too bad most RV's cost more than most houses.
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