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 losing their house in Edison, NJ 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 holding 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.
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, lease option your house, sell it online, do a rent to own or sell it as an owner carry.
Bottom line, if you need to determine how much your house is worth in Edison, NJ then contact your local home buyer