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Sunday, April 12, 2009

How To Sell My House Myself, Save Tons Of Money On Commissions, And Avoid Foreclosure! by Sean Patrick

Are you concerned about foreclosure and find yourself in debt for too much money to the bank? Many people who would like to sell their home in this situation find that they can no longer afford to hire a Realtor. How do I sell my house myself? As long as you have all the facts, chances are you can actually sell your own home in this market and escape foreclosure.
Right now buyers are everywhere. With the recent drop in mortgage rates, there is no better time to sell. People who are buying their first home are extremely active right now in the market, and homes that are worth $350K or less are selling rapidly. In order to avoid acceleration on your loan, there is no choice but to sell your home?
Fear not, as there are guides available on the internet to help you sell your home - and sell it quickly. The first thing you need to do is talk with your bank and find out what kind of a price they will accept - Until you are a couple payments behind, they generally will not discuss this with you. This will show them that you are having difficulties.
Look into getting an appraisal or automated valuation amount done. Often times banks are willing to take this number into consideration, and on occasion they might even accept less. If this step is complete, you will want to do some due diligence in your surrounding neighborhood and find the best ways to attract the right willing and able buyer.
There are many cases where sellers owe the bank too much money and decide to list the property themselves - this is where the question "How do I sell my house myself" comes up on a daily basis! This is normal, because after all, who has thousands of dollars to pay a real estate agents commission? With the right tool kit you can do everything that a licensed agent will do for you - and do it better. You know your home better than anyone else - and since you don't have multiple listings to tend to, your home will have the 'attention to detail' it deserves when it comes time to go to market!
Do your due diligence, strategically market your property with the right internet-leveraging methods, avoid foreclosure and sell your own home - you can do it, especially given the fact that there are buyers everywhere in this current market.

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