Need to Sell Up North Before Buying at Lake Chapala?
January 21, 2012
I ran across an article on Linked In whihc is partially reproduced below. I know that some of you would love to move to LAke Chapala ASAP, but first need to sell your home.
So, this is a bonus issue especailly for those of you who fall into this situation.
The good news for the ret of you is that sellers here are following many of theses same rules to sell their homes here. They’re lowering the prices and being much more flexible.
OK, here’s the tips suggested to sell sooner rather than later so you can move on to your dream home here at Lake Chapala.
“Price it right from the get-go
The old-school strategy of real estate sellers crossing their arms and holding out for a better offer will be brushed off by most homebuyers. Consider that of the homes that took four months or more to sell in the past year, almost half of their owners accepted less than 90 percent of the asking price, according to the National Association of Realtors. For a gauge, have your agent produce the latest comparable sales including short sales and foreclosures as well as a recent summary of sales prices versus original list prices. But be wary that such information doesn’t reflect the homes that failed to sell.
Put your best footage forward
Prep, paint, stage, scrub, improve, repeat. Efforts can include caulking, plastering, planting flowers, adding potted plants, making the windows spotless, pressure washing that oily driveway, edging the walks, trimming the bushes and trees, and mending the fences. None of these is excessively capital-intensive, but when applied en masse, they say “buy me.”