updated 7/4/2009

Please send me an e-mail with your real estate questions and I will answer them.  You can use the start of the form below:

Nanci@SellsRealEstate.com

Question:  Is Now a good time to sell my home?

Due to the tax credit being provided to first time  home buyers, this is a good time to sell, if your home would be priced in that range.  Below is information to order to learn more about hte buyer you might attact. 

Question:  My house is priced higher than what I believe is a first time home.  Can it sell in this market?

As you might imagine, sellers don't want to take less for their house than the most they can get out of it, as you feel you are loosing money.  If you think about, you buy a replacement home now, and also get a good price?  Rates are very good (typically under 6%).  So if you take a look at selling your home for what it feels like is a loss, and you purchase something that works better for you at today's rates, you actually come out ahead.  If you wait to get the "extra money" out of your home, how much more will you have to pay in the future for you new home, and have you been happy living where you are at in the meantime?

This thinking has a lot of people who could sell, not putting their homes on the market.  Therefore, there is some competition and a need for more homes to be on the market. 

We can visit about your options and what you might be interested in buying.  One of the key factors about this market is that the seller wants to sell and won't wait for you to put your house on the market and wait for yours to sell.

Question:  I can no longer make my payments on my home and am going to loose it.  What are my options?

Answer:  You have heard the terms, Short sale, Foreclosure.  However, those hopefuly are not options if you have equity in your home.  There are important consequences with all options and for some of them, legal advice would also be helpful. 

      A short sale is a pre-foreclosure situation.  You usually have to be past due and be willing to provide information to your lender for them to accept selling the house for less than what you owe them.

      If you would like to call me, we can set up a time to review your options.

Question:  Should I convert my property into a rental? 

It is a good time to be a landlord.  As we continue through this market of people not being able to keep their houses, it is forcing more people into being renters.  Rentals are filling up and we are starting to see increases in rent.

If you are moving out of your home, you may want to seek professional property management services.  I personally have my properties managed by Rocky Mountain Property Management  www.RMPM.com .  There is risk in renting a property and repairs that do need to be made.  I am happy to visit with you about this particular option.  (If you call RMPM direclty, please let them know that you learned about them from me.

 Use the form at the top to send me your real estate questions.