1. How do I sell my house quickly?
2. Where can I find the home I want?
3. Why is now a good time to sell?
4. Who is the best realtor for me?
5. What is a buyers' or sellers' market?
6. When is my credit good enough to obtain a mortgage loan?

How do I sell my home quickly?

By pricing it right for its condition, for its location, and for the market conditions.  Since July 2005, these conditions have been more important than ever.

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Where can I find the home I want?

Have a realtor place your needs and requirements into a computer search program that can update you daily on new listings.

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Why is now a good time to sell?

The extremely low interest rate today may generate buyers to step into the market place.  It is important to price your home correctly in this buyers' market.

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Who is the best realtor for me?

One who is patient enough to find you what you need as a buyer, and one who will communicate with you as a seller.

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What is a buyers' or sellers' market?

A sellers' market occurs when there are more buyers than there are houses on the market. 

A buyers' market occurs when there are more houses on the market than there are buyers.  2002 was pretty much the same as 2001 with a few gaps occurring in July, November and December where we found sellers slow to put property on the market thereby reducing the inventory a little. In 2003 we continue to have a buyers market in relation to inventory and a scarceness of qualified buyers makes each a premium. Sellers have not recognized this phenomena and continue to hold out for "their" price making it a very delicate buyers market.

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When is my credit good enough to obtain a mortgage loan?

There are different requirements for different types of loans, and you should avoid getting discouraged until you have tried three or four lenders.  Some lenders may have an investor who is willing to take a greater risk than another lender.  Talk to your realtor!

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What are the best months for selling?

The good sales months for 2005 were April, May, June.  Typically when interest rates rise buyers back off.  At the present time in the Dayton Area the employment situation has buyers hesitating so the inventory has risen, even though the interest rate remains excellent.  It is a BUYERS MARKET.

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