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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 maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?

A 
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.
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DOTTIE AND COMPANY, REALTOR®, real estate agent and broker for Hattiesburg, Oak Grove and Petal, Mississippi home listings, property and land for sale - NUMBER1EXPERT(tm)

DOTTIE AND COMPANY
Realty Executives

5297 Old Hwy 11, Suite 5
Hattiesburg, MS 39402
Dottie: 601-606-0178
Fax: 601-268-1652
DOTTIEANDCOMPANY@NUMBER1EXPERT.com
RealtorDottie@comcast.net

DOTTIE AND COMPANY: "Moving Hattiesburg Real Estate - ONE client at a time!" We're here to help YOU with all your Real Estate needs. Contact us today...Let our EXPERIENCE and ENERGY work for you. DOTTIE AND COMPANY: "Moving Hattiesburg Real Estate - ONE client at a time."

ABR CRS Equal Housing GRI MLS REALTOR


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