Friday 31 July 2009

Property Price Increase - Be Realistic

No doubt you have seen on the news recently that there has been a slight rise in the average house price over the last couple of months.

When you are selling your house you need to think about the sale in a realistic manner, think of the house as a place to live and not as a cash cow, an easy way to make money. Ask yourself just how much you have spent on the house in real money terms and how much sweat equity you have put in and use these to come up with the right price.

Try not to use estate agents that promise your a higher price, as the longer your house is on the market the more your are losing.

So in short think of the bigger picture when selling your house, such as how long are you willing to live where you live? have you really spent as much as you think? Just remember the simple rule your home is your castle not your bank.