Determining Your Home's Worth

Often people who are selling their home encountermortgage lenders before you put your home up for
difficulty over the unexpected. I am not talking aboutsale. Get pre-approved for a home loan before you
finding water in the crawl space or toxic mold. Whatsell your home. By doing so you avoid any
I am talking about is meeting your financial goals, notunexpected circumstances when it comes to the
just for the home you are selling but for the homeamount of money you can borrow. Don’t fall
you wish to purchase as well.victim to selling your home and then ending up buying
Selling your home is a big deal, buying your nexta new home that is less than desired.
home is almost as important. Many times the sale ofDetermine what your home is worth and get a range
the home you currently reside precedes the purchasefor what you think it will sell for. The easiest way to
of your next home. Many times this is your dreamdo this is to contact several real estate agents and
home. Before you put your home on the market youinterview them to sell your home. Have each provide
should determine what your goal is for your nextyou with a CMA (comparative market analysis).
home and if you can afford the costs associatedWhen real estate agents do a CMA on your home
with buying another home.they look at multiple factors that help determine the
Determining your homes value before you sell is afair market value of your home. Multiple CMA’s
critical step in selling your home. Of course to mostprovides a range for the value of your home. Use
this is obvious but maybe for different reasons thanthis to determine how much additional proceeds you
what I am about to mention. Have you ever ran intowill have for your home purchase upon the sale of
someone that sold their home to buy their dreamyour current home.
home only to be turned down by creditors or wereJason specializes in providing information on the Boise
unable to finance the amount they needed for theirIdaho Real Estate Market to both buyers and sellers.
dream home? Don’t let it happen to you. Talk toVisit BoiseRealEstateInfo to learn more.