Mar 8, 2010
House Assessment How Much Is My House Worth If I Sell It Now
The mortgage crisis continues to rock the real estate world and affect many home owners. In fact it was announced today that almost one million home owners are loosing their house to foreclosure. This does not include the over 380,000 home owners who fell behind on payment this last quarter.
With the continuation of increased foreclosures there is no doubt that home prices will continue to decline. The real estate market has many home owners asking themselves should I sell my house now or wait. Other home owners are asking themselves, now that I need to sell my house, how much is my house worth? Also what is the best way to get a house assessment?
Well first things first. If you are not behind on payments, not going through a divorce, not in foreclosure, or not being relocated by your job, it is assumed you do not need to sell yours house. If that is the case, and you do not need to sell your house I suggest holing onto it for another 3 to 5 years before selling. By that time the real estate marketing should have settled and you will not have to take a loss.
If you are in a home selling situation where you need to sell your house then you need to act quickly, because the real estate marketing continues to decline. Your first step should be to get a house assessment or find out your homes value.
If you wait to sell your house you should plan on selling in two to five years from now. It is going to take some time for the economy and real estate marketing to bounce back.
However if you need to sell your home quickly then start the process now. The first thing you will need to determine is your homes value. You need to know this so you know if you owe more for your house that what it is worth. If you do owe more for your house than what it is worth do not just walk away from your house. You have many home selling options.
The fastest and easiest way to get a house assessment or find out your homes value is to contact a local home buyer in your area. Local real estate home buyers are very knowledgeable of your local real estate market and can let you know your best selling option.
When it comes to selling your house fast you need to evaluate all your selling options, and there are many. Sell your house fast for cash, sell your house on the open real estate market with a real estate agent, sell your house quick to a real estate investor or we buy houses investor, lease option your house, sell it online, do a rent to own or sell it as an owner carry.
If you need to sell your house the first step is to determine your homes value. The fastest way to find out what your house is worth is to get a free offer from a local real estate investor or home buyer.
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Frequently question about house worth
how much is my house worth?I am just curious as to what my house value would be in your neck of the woods. I own a 4000 sq 3 level home on 1/2 acre. I have 3 car attached garage and a heated work room. I have 3 bedrooms/3 bathroom (one with whirlpool tube). Master suite has walk in closet and balony. I have a large finished basement with bar and entertainment center (built-in) and pool table. The basement is finished with rustic barnboards on the walls. The main floor has entry, livingroom, dining room, kitchen and laundry room and a bath. Living room has fireplace and built in book shelves. entry is done with slate tile floor. Living room and all of the upstairs is done with Hickory hardwood floors with blk walnut inlay. upstairs has the 3 bedrm and bath and a loft area with built in bookshelves that over looks kitchen and dining.
I am just kinda curious what my house would be worth in your area. Thanks.
don't forget to tell me where you are at. I know what my house is worth in my area. I am just curious about the housing market in other areas of the US.
About Author
Shaun Greer –
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Get a house assessment How Much Is My House Worth fast by contacting your local home buyer and getting a free offer for your house.
Good Question
I would try to get your House on My House Is Worth What. That is a TV show on HGTV ( Home Garden Television ) Go to http://www.hgtv.com/hgtv/shows_hhww/
For info on that show and how to get your home on TV.
If you lived in Ohio I would say your house would be worth about 660,000.
That is what my cousin says she is a Realtor.
Good Luck
Best Regards,
Gordon
400,000 square feet? Really? That would be bigger than the largest castle in the world.
an acre is only 43,560 square feet.
Check on Zillow, or ask a Realtor to do a CMA (comparative market analysis)
Only someone who is familiar with the local prices can answer that question.