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Real Estate Tips
Accepting An Offer >Know Your Price Range

As a homebuyer, you may have found the perfect new house for your growing family, but what if it is a little out of your price range? You might list your current home for more than it is worth and be lucky enough to find a qualified buyer who is willing to pay the price, but it is impossible to know in advance what your home will sell for.

If you want to sell your home quickly, have a frank and detailed conversation with your real estate agent to determine the best price for the house. Setting your price within 5% of the fair market value of your home greatly increases your chances of getting solid offers that will result in a relatively quick sale.

Don't buy and sell so close to your target amount that you become anxious when the numbers don't meet your expectations. There may be other approaches, such as adjustable rate mortgages or owner financing, to increase your buying power and get you into that new home. When you are selling one home and buying another, you will need more than good luck. You will need a highly professional and experienced real estate agent who can give you solid advice on how to make the transaction work for your particular requirements.

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Real Estate Trivia
Q 
What is the world's most capacious building?

A 
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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The Scott Hoffman Team, REALTOR®, real estate agents and broker for Wake Forest, Raleigh and Cary, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

The Scott Hoffman Team
Coldwell Banker Howard Perry and Walston

5000 Falls of Neuse Road
Suite 100
Raleigh, NC 27609
Phone: 919-877-8921
Voice Mail: 919-990-3213
Fax: 919-882-9080
scott@scotthoffman.com

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