What To Do If Your House Didn’t Sell

Written by Lakeland FL Mortgage Syndicated User on January 25, 2025. Posted in For Sellers, Infographics, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

Some HighlightsLast year, as many as 1 in 3 sellers took their home off the market because it wasn’t selling.If this happened to you too, you don’t need to be embarrassed. What you need are answers. And a local real estate agent can help with that by seeing if it was priced too high, needs some repairs, or didn’t get the right exposure. If you still want to move, connect with an expert agent to come up with a new strategy. Together, you can get your house sold.?

If Your House’s Price Is Not Compelling, It’s Not Selling

Written by Lakeland FL Mortgage Syndicated User on January 23, 2025. Posted in For Sellers, Home Prices, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

There’s one big mistake you need to avoid when you sell your house this year: setting your price too high. It might seem like overpricing gives you room to negotiate or could really boost your profit, but the reality is, it usually backfires.In fact, Realtor.com says almost 20% of sellers — that’s one in five — have to reduce their price to get their house sold. And you don’t want to be one of them. Here’s why starting too high can lead to trouble, and how to avoid it.Overpricing Pushes Buyers AwayWith mortgage rates and home prices where they are right now, buyers are already stretching their...

Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges

Written by Lakeland FL Mortgage Syndicated User on January 9, 2025. Posted in Agent Value, For Sellers, Foreclosures, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

Let’s face it – life can throw some curveballs. Whether it’s a job loss, unexpected bills, or a natural disaster, financial struggles can happen to anyone. But here’s the good news. If you’re a homeowner feeling the squeeze, there’s a lifeline that many people don’t realize is still available: mortgage forbearance.What Is Mortgage Forbearance?As Bankrate explains:“Mortgage forbearance is an option that allows borrowers to pause or lower their mortgage payments while dealing with a short-term crisis, such as a job loss, illness or other financial setback . . . When you can’t afford to pay your...

Home Staging FAQ: What You Need To Know

Written by Lakeland FL Mortgage Syndicated User on January 3, 2025. Posted in For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?Here are a few quick FAQs that can help you decide how much you should prioritize staging as you prep for your move.What Is Home Staging?Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers. It can range from simple touch-ups to more extensive setups, depending on your needs and budget.How Does It Help Me Sell My House?Studies...

How Eco-Friendly Features Can Boost Your Home’s Value

Written by Lakeland FL Mortgage Syndicated User on December 31, 2024. Posted in For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

Selling your house? Or just looking to increase the value and appeal of your home for when you do? Here’s something you should know – homebuyers are increasingly looking for homes with environmentally friendly features.What Energy Efficient Features Do Buyers Want?According to recent data from the National Association of Realtors (NAR), when buyers think about eco-friendly features, they’re looking for (see visual below):Heating and cooling costs: 82% of buyers consider heating and cooling costs to be one of the most important factors when looking for a home. And efficient heating and cooling...

How Home Equity May Help You Buy Your Next Home in Cash

Written by Lakeland FL Mortgage Syndicated User on December 24, 2024. Posted in Equity, For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it.Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?”Home Equity: What Is It?Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is valued at $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.Why Equity...

Struggling To Sell Your House? Read This.

Written by Lakeland FL Mortgage Syndicated User on December 20, 2024. Posted in For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.But what many people don’t realize is that even in today’s market where there are more buyers than homes for sale, there are still things that can cause delays or even keep a house from selling. According to Zillow, in 2024, as many as 1 in 3 sellers took their home off the market before it ultimately sold. And while the reasons those houses didn’t sell are going to vary, there are some general themes that come through....

Only an Expert Agent Can Give You an Accurate Value of Your Home

Written by Lakeland FL Mortgage Syndicated User on December 17, 2024. Posted in Agent Value, For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true market value of your home.Before you toss a for sale sign in your yard and expect to bring in the number you saw for your house online, you need to understand why these tools generally aren’t spot-on and why working with an expert real estate agent is the best way to get an accurate picture of what your house is really worth.The Myth: Online Home Value Estimates...

Why More Sellers Are Hiring Real Estate Agents

Written by Lakeland FL Mortgage Syndicated User on December 10, 2024. Posted in Agent Value, For Sale by Owner, For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

Putting your house for sale on your own – often called “For Sale by Owner” or FSBO – might be on your mind. But you should know that it gets complicated very quickly, especially in today’s complex market.That’s why data from the National Association of Realtors (NAR) shows a record low number are going the route of selling on their own.Instead, more and more homeowners are choosing to work with a real estate agent (see graph below):And here’s why partnering with an expert is the go-to choice. Selling your home is a big deal, and while FSBO might seem like a way to save time or money, it comes...

Sell Your House During the Winter Sweet Spot

Written by Lakeland FL Mortgage Syndicated User on December 4, 2024. Posted in For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Tips.

A lot of people assume spring is the ideal time to sell a house. And sure, buyer demand usually picks up at that time of year. But here’s the catch: so does your competition because a lot of people put their homes on the market at the same time.So, what’s the real advantage of selling your house before spring? It’ll stand out.Historically, the number of homes for sale tends to drop during the cooler months – and that means buyers have fewer options to choose from.You can see how that trend played out over the past few years in this data from the National Association of Realtors (NAR). Each time,...

Category: Selling Tips