Phoenix Sellers Guide> FAQs: Selling Your Condo

I owe more on my condo than I can sell it for. What do I do?

 

Loan modification, short sale, foreclosure, or "hang in there" - these are the choices you have when you are faced with a home you want to sell, but can't. If you are under some financial hardship, you may first want to talk with your lender to see if there is anything they can do to reduce payments, or change the interest rate.  If you must sell, a short sale is a possibility, but you should first talk with a lawyer that specializes in real estate issues, and your accountant.  Give us a call too, so that we can help guide you through the decision making process from a real estate standpoint.

I see several condos for sale like mine at $200,000.  Can I sell mine for that much?

 

Prices of units currently on the market is one data point that goes into determining what price you should offer for your unit.  However, it is very important in this market, when list prices vary considerably, to look at what has sold as well. If you are interested in selling, we don't waste your time in a 1 hour listing presentation before talking to you first about what has been selling.  Armed with accurate information you can determine if now is the right time for you to sell.  Once you are ready, we can present our marketing plan, designed to get your condo in front of more buyers!

 

 

Why should I choose your team to list my condo?

We have the ability to get your condo in front of a large number of targeted buyers.  Almost no other agent can promise that.  We'd be happy to talk with you further about our marketing plan.

 

 

 

 

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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability. Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

ARMLS Logo indicates a property listed by a real estate brokerage other than Contigo Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2010. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Last Updated: 2010-09-08