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Will the Tax Credit Expansion Really Help Sellers - Moving Up?
The Tax Credit Extension for First Time Home Buyers until April 2010 is great and will keep the momentum going for some markets. The Expansion to Homeowners who have lived in their home for the last 5 years, makes me kind of do a Hmmmm.
If we really think about it, once signed in to law the most important step for sellers will be to Sell their "Existing Home"! We have one of the best and most robust markets in the country, here in Fayetteville. But, with the holiday months coming, just like most markets we see a slight downturn.
Sellers typically do not like to place their homes on the market during the Thanksgiving & Christmas holiday months. In essence, if Sellers delay we would only have a total of about 4 months to list, sell, find a home and place under contract (with a Contingency on Closing on their Existing Home).
Motivated sellers that have a sense of urgency will most likely fare well in selling their home during the Thanksgiving & Christmas holiday months. This motivation and sense of urgency will help ensure they don't miss this rare opportunity to sell their home, upgrade and receive the proposed $6500 tax credit.
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Fayetteville, NC is rich in history and natural beauty. It offers a multitude of activities from Sports, Museums, Festivals, Shopping, Dining out and lots more. Fayetteville, NC is one of the most diverse cities in the US and is the sixth-largest city in North Carolina. We have numerous historic sites, seven museums, three colleges and universities, multiple entertainment venues, a historic downtown and award-winning golf courses.
The greater Fayetteville, NC area - including Cumberland, Harnett and Hoke counties-offers an outstanding quality of life. Plus close proximity to the famous Carolina Beaches. For those with military connections, a warm welcome awaits in our communities.
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Fayetteville, NC is a town that enjoys hosting numerous festivals. The Fayetteville Dogwood Festival is one of North Carolina's biggest and best outdoor festivals, with tons of thing to enjoy. A few other are the Fort Bragg Fair, River Show, Pope AFB/ Fort Bragg joint open house and Air Show, Country Fest, International Folk Festival, Oktoberfest International, Christmas Craftsmen's Festival,The Holly Day Fair, to name but a few.
View Fayetteville MLS www.onlinehomes4you.com
Danny & Jennifer Morales
Realty World, Integrity First
3820 Raeford Road
Fayetteville, NC 28304
Madison Who's Who Executive and Professional
Jennifer Morales: 910-237-3411
Danny Morales: 910-237-8516
Amber Alexander: 910-527-0715
Denise Truelove: 910-850-9500
Fax: 910-323-0284
Email: onlinehomes4you@gmail.com
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If you are thinking of selling a home please read this first! It could save you a lot of Money, Time and Other Opportunity Costs.
When you, a seller are about to sell a home, whether you are going to make a go of it on your own or hire an expert, a real estate agent to handle this endeavor, it is easy to get caught up in the excitement over choosing a sales price. Perhaps a higher sales price could afford you, the seller many financial opportunities and rewards. You, the Seller may decided to come up with a sales price based solely on the desires of your heart. As Tempting as that may be, you need to avoid this like a plaque. Instead, you should become well informed and work with a well informed expert who understands the market and its forces. Ths will save you a lot of money and lost time.
Unfortunately, this first scenario is played out over and over again with sellers. As a result the opportunity costs are great and the outcome for the seller is far from what is desired. When pricing a home, it is very important to remember that what we think or what anyone uninformed may think does not matter in pricing that home. What matters is what a buyer thinks. In todays market buyers are very informed and will not be moved in purchasing a home that is overpriced according to the market. That buyer will simply move on to something else that is priced more in line with what market forces are dictating.
Pricing a home is sort of a Science. In its simplest form, the Market price is set by what a buyer is willing to pay and a seller is willing to accept. This transaction done many times over make up the market.
Price it right from the very beginning and save yourself the time and money that it will cost you in making this huge mistake. Remember a house priced correctly will sell.
Visit me at www.dorethacaldwell.homesandland.com If you have any questions about pricing your home right from the start you may also contact me at (910)286-9396.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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