Almost every home near me for sale is bank owned. Some houses sit for years in foreclosure while the banks wait patently for the listed properties to move. If banks foreclosed immediately and listed all properties, they’d flood the market and decimate values.
Still, some traditional sales happen. Home sellers must be ready to face reality and price their home to sell. Realtors won’t bother to show a an over-priced listing with so many houses available.
If you’re trying to sell your home in today’s market, you must prepare your home to outshine all the competition in your price range. Take time to research your immediate neighborhood sales and homes for sale. Check your square footage, land size, amenities, and curb appeal. FInd a Realtor who has sold houses, other than bank-owned AND to home buyers–not investors, recently in your area to help you.
You must stage your home to make your house the home buyer’s can’t live without. The only way for you to get qualified offers is to present your home as the ONE that appeals to the emotions of your buyers who plan to make a home, not an investment.
Prepare your home like a gift to present to buyers.