Lynneve (661) 297-5548
Home Sellers Information
Megan (661) 313-3193
What a great time to sell!
If you are thinking about selling your home, now is a great time to do so! Right now we have a shortage of homes listed for sale in Santa Clarita. That, combined with low interest rates, is making this a seller’s market. It has taken us a while to get to this point again, but we are here!
Buyers are out in large numbers and competing with each other to get their dream home. Currently most homes are receiving multiple offers which in turn is driving home prices up. Homes listed under the $500,000 price range are the fastest to sell, sometimes selling the first day they are on the market or within the first week.
When determining the list price of your home, it is more important than ever for you to pay attention to the recent comparable sales in your area. Appraisers have gotten very strict on their guidelines and even though you may be able to get several offers on your home the appraiser will have the last word. If the home does not appraise at the sales price, then buyers and sellers will need to go back to the negotiation stage. This could mean that the seller may need to accept less for his home, or possibly the buyer would need to come up with more money to pay the difference between the sales price and the appraised value. Your home must appraise for the amount you sold it for or the lender will not be able to loan on the property.
This is why a seasoned agent is very important at a time like this.
When you choose to list with Lynneve & Megan you get the benefit of their years of experience and knowledge of our local real estate here in the Santa Clarita Valley.