Home Sales and Appraisals

Are you wondering about selling your home? Are you concerned that you are losing value?

Click the link below for the following topics:

  • What is the return on new vs. previously owned homes
  • What determines what a house is worth?
  • What standards do appraisers use to estimate value?
  • Can I find out the value of my home through the Internet?
  • What is the difference between list price, sales price and appraised value?
  • How do you determine value of troubled property?

Click here to check out this link and know that we are here to help any way we can!

Carol
Carol Moson, CRS, ABR, e-Pro, SRS, SFR, EAH, GREEN, REALTOR®
“The Moson Group”
carol@carolmoson.com
RE/MAX Greater Atlanta
www.TalkToCarol.com
678-414-0760
770-973-9700 ext 289

Extras vs Value

Probably one of the most common questions sellers have is related to the cost of making improvements to the home and return on the dollar. This is a tough question to answer because in different areas around the country, different amenities are important and have varying value. The National Association of REALTORS  publishes an annual report showing various improvements  and we will provide the link below.

We are always here to answer your questions so please feel free to contact us directly. We can provide you with a steady stream of homes to view that stay current with the changes to any of the listings you want to watch. Let us know how we can help!

http://www.realtor.org/rmohome_and_design/articles/1001_costvsvalue_2009

This time of year many people think about putting a deck on their home.  Here is an article that specifically talks to decks – enjoy.

http://www.houselogic.com/articles/deck-addition-return-on-investment/

Carol
Carol Moson, REALTOR
678-414-0760 (call or text) carol@carolmoson.com (for email)
ABR (Accredited Buyer Representative)
CRS (Certified Residential Specialist)
GREEN
SFR (Short Sales and Foreclosure Resource Certified)
EAH (Employer Assisted Housing)
SRS (Seller Representative Specialist)
Instructor/Trainer

SELLER SHORT SALE FAQ

Q: I have heard that the government has issued new guidelines for working with sellers as far as short sales and foreclosures. Is this true and if so, where can I find information?

A: You’ve been keeping up and that is great! You are correct, there are new guidelines and it is lengthy and of course wordy but you will most likely be pleased with the new guidelines. After reading these, if you feel you may be candidate for a short sale, please contact us. We have experience with short sales, Carol teaches the class to other agents, and we have a very strong support team to help work through your options.

Click here for more information.

If you need further assistance please contact us.

Carol
Carol Moson, CRS, ABR, e-Pro, GREEN, SRS, SFR, EAH, REALTOR
“The Moson Group”
RE/MAX Greater Atlanta
678-414-0760 (direct)
770-973-9700 x 289
http://www.TalkToCarol.com
carol@carolmoson.com

HOME SELLER FAQ #3 (FREQUENTLY ASKED QUESTIONS)

Q. WHAT ARE MY OPTIONS IF I CANNOT MAKE MY MORTGAGE PAYMENT?

A: If you are having difficulty making your mortgage payment you may have several options.

One option could be the following: if your credit is still good and you still have income, you may be able to work with the bank to “re-set” your loan. If considering this option be sure to consult someone who deals with doing this and if the bank agrees to adjust your be sure to loan, consult an attorney to review any paperwork. You may also consider asking the bank to add one or two mortgage payments to the back of your loan if you think your situation is very temporary.

A second option may be to rent the property to cover your mortgage payment and move somewhere else with a more affordable rent for yourselves.

A third option is to try and negotiate a short sale with the bank. If you owe more than you can sell the house for, the bank MAY consider taking a percentage of what you owe upon the sale of our house. This does involve extensive paper work and when doing this you need to use a REALTOR that knows how to help you try to work through a short sale. It is always best when the REALTOR works along with an attorney. There may be some cases where the bank will still hold you personally liable for the difference.

Foreclosure should be the last resort because this is where the bank takes the property back from you. Your mortgage documents allow the bank to take the property when you default on your loan.

There are some other options, but again we urge you to consult a professional.

Let us know if we can help

Carol Moson, CRS, ABR, e-Pro, GREEN, SRS, SFR, EAH
“The Moson Group”
RE/MAX Greater Atlanta
678-414-0760 (direct)
770-973-9700 ext 289
http://www.TalkToCarol.com
carol@carolmoson.com

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