Archive for: June 2007

How much is a new home worth? How are home values determined? How much should you offer for the home you have targeted to buy? How much dickering and how much variation from the original asking price should you expect? If you …

For most people, buying a new home is only half of the home buying transaction because they must also worry about selling a home. For these folks — about 85 percent of all home buyers — the other half of the homebuying equation is selling their existing home in a timely manner.

Selling your existing home at the right time can be the difference between acquiring or not acquiring the new home you desire, because few families can afford to carry two mortgages for any length of time. And if you don’t sell your existing home when you buy your new home, you’ll be paying for both.