Detaching yourself emotionally from your home is difficult. Clearing out years of clutter, depersonalizing your home by removing personal memorabilia, and staging your home for sale can help you step back and view the home as a commodity that needs to be sold rather than as your personal sanctuary.

Putting your home on the market at a price that reflects what you want and not what the market will bear can cost you time and money as it sits on the market unsold.

The home-sale market is a localized phenomenon. The only way to get a clear picture of what your home is likely to sell for is to find out which listings are selling in your neighborhood and for how much.

The most recent sales — those that closed within the last three months — will be the most informative. Be sure to take a hard look at the list prices of homes that are new on the market.

If the list prices are lower than they were two or three months ago, this indicates that prices are declining. This needs to be taken into account when you select a list price.

HOUSE HUNTING TIP: Pay close attention to your competition. Don’t fall into the trap of pricing your home higher than your neighbor’s home because yours is better. If your neighbor’s price is too high for the market, neither of your homes will sell.

Ask your listing agent to call the listing agents of properties similar to yours to find out what kind of showing activity they are receiving. Have they had offers? If so, why weren’t they accepted? Was the price too low? If so, you should set your sights lower.

Some listing agents recommend that you list considerably under market value in order to stimulate multiple offers. In some cases, this can be an effective strategy.

For example, in the low-end foreclosure market, this was common practice at the end of last year. Some listings priced way below market value received more than a dozen offers.

However, it can be risky to price significantly lower than market value on a more expensive property for which the demand is lower. You could end up with more than one offer, but you could also receive under-market price offers.

Your home needs to be perceived as a good value to a buyer to sell in this market. However, you could shortchange yourself by discounting the price too much.

To Continue Click Here: http://www.inman.com/buyers-sellers/columnists/dianhymer/pricing-sell-in-todays-market

TALLAHASSEE, Fla. – Oct. 5, 2009 – A trio of early bills filed in Tallahassee aim to provide more protections to Florida homeowners and tenants in foreclosure cases, but it’s unlikely any will be passed.

The bills, all filed by House Democrats, likely will have an uphill battle next year in the Republican-controlled Legislature, which didn’t act on similar proposals in 2009. All three measures also face resistance from the state’s banking industry, which remains politically influential despite the economic beating it has taken.

And, foreclosure experts say, some of the bills’ provisions might be undercut by state and federal laws and mortgage-relief efforts.

CHART: January-June foreclosures from all 50 states
The administration is taking steps to improve the effectiveness of its mortgage modification program, but millions of Americans still face foreclosure even if it is a “total success,” a senior Treasury official said Thursday.

Herbert Allison, Treasury assistant secretary for financial stability, told the Senate Banking Committee that 325,000 trial modifications have been offered to borrowers under the Home Affordable Modification Program since its launch around five months ago.

But he said the program had limits.

“This plan will not save every home,” Allison added. “Even if HAMP is a total success, we should expect millions of foreclosures, as President Obama noted when he launched the program in February.”

To view the rest of this article please follow this link

http://www.usatoday.com/money/economy/housing/2009-07-15-home-mortgages-foreclosure_N.htm#open-share-help”></a>

Come Join Us for a night of fun and great education about investing in the Market we are in!  We will be holding our game nights Downtown Pensacola at Will Call. We will be having one on July 28th from 6-9 PM. Makes sure you RSVP by calling Ann @ 850-288-9638. Seating is limited so hurry!

Santa Rosa Beach Foreclosure

Brand new beach home approximately 80% complete is priced to sell at a near steal. This adorable two story home situate on a cul-de-sac could be your very own piece of beach paradise. Gorgeous hardwood flooring, distinctive tile, french doors and freshly painted in nice relaxing tones. Covered porch and covered patio ideal for delighting in those breathtaking sunrises and sunsets. Snatch this one fast!

Asking Price $134,900!

 

                                                                       Foreclosure in Tiger Point Gulf Breeze

                                                                                                          Asking Price $189,900

4/2 brick home located in alluring Tiger Point Village is an absolute find. Desirable family friendly and superbly kept neighborhood. Perfect for a growing family this home has screen back porch overlooking spacious secluded backyard ideal for children play area, birthday parties and family gatherings. Large shade trees situate perfect for that relaxing hammock! Inside home is endowed with inviting open floor plan, gas fireplace, many ceiling fans, tile flooring, w/w carpet, mini blinds, whirlpool tub and much more. Walls painted in vibrant tantalizing tones! Home is move in ready and just waiting for the perfect family. Don’t let this one slip you by!

For More information Call Ann @ 850-288-9638

Foreclosure in Santa Rosa Beach FL

Brand new beach home approximately 80% complete is priced to sell at a near steal. This adorable two story home situate on a cul-de-sac could be your very own piece of beach paradise. Gorgeous hardwood flooring, distinctive tile, french doors and freshly painted in nice relaxing tones. Covered porch and covered patio ideal for delighting in those breathtaking sunrises and sunsets. Snatch this one fast! PROPERTY TO BE SOLD “AS IS”. .

Only $134,900!

To view or for more information contact ann @ 850-288-9638

For more information or a list of our foreclosures and short sales on Pensacola Beach, Pensacola, Gulf Breeze,Navarre, Destin, and Panama City area please contact me. I will be more than happy to email you all of our Pensacola Beach Area REO listings and Short Sales to help you find your perfect home!

Call Ann @850-288-9638 to view

NAVARRE FORECLOSURE

Lovely older home situated in the quiet subdivision of Burton Ridge! Home has wood-burning fireplace, fenced back-yard, and 2-car garage. Home needs some TLC. PROPERTY TO BE SOLD “AS IS”.

Listed At $ 115,500! Make An Offer!