A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.
Source: YouTube - Used under standard YouTube license terms.
If you are falling behind on your mortgage payments, you may be faced with the sudden need to sell your house. You should know that you're not alone. Millions of homeowners across the nation face the prospect of a foreclosure or short sale.
And while the most compassionate buyers may understand your situation, their lenders won't, and will only lend for the current market value of the house.
If you need to sell your house quickly, your best bet is to price the house to sell.
The reality is that buyers, like you, are interested in getting the most value for their money, which means they won't be looking at what you paid for the house or what you still owe—only what it's worth.
And studies show that the best way to get the most money from the sale of your house is to price it so that you get an offer within the first two weeks it is on the market.