It is still a good time to sell if……..
Posted by thomasomason on November 10, 2008
No I haven’t lost my mind. “If” is the keyoperative here. Here in the North Tampa / Carrollwood area, if your home is in good condition and you price it right it will sell. Pricing it right means setting the price AT LEAST 10% below market. Lets do the math. A $350k home will mean a paper loss of $35k. Not really. Only if you plan to take your money and run. If you plan to reinvest in another property you can reasonably expect to get that one at least 10-20% below market. So in the end you really haven’t lost anything. So go ahead and sell that homestead.
