Valuing Your Property

Home Loans

Valuing Your Property
(presented by www.refinance-refinance.net - mortgage lenders)

By Michael Sterios

Selling you house privately can be an excellent way of ensuring a fast sale.

In order to attract buyers, you will need to value the property at the right price. If you set the price too low you may give the impression that the house is of poor quality. To high and potential buyers may never show interest.

If you have ever sold a house through an estate agent you may believe that it is the agent who sets the value of the property.

This is not true. While the agent will set the asking price, the true value of the property will be the highest price that a buyer is willing to pay.

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If you are selling your house privately, you will be required to set the asking price in much the same way that estate agents do. However while an estate agent will be able to use their expert knowledge of the local market, you may be required to do some research.

A good place to start is the local property papers. Estate agents will dominate almost every page with advertisements for properties they have for sale in your area.

This should help you decide on an asking price that, as you know, may not necessarily be the true value of the property. The property

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This entry was posted on Tuesday, October 31st, 2006 at 3:24 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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