Do This Before Listing Your Home

Want to Increase Your Equity When Selling Your Home? - Think of Your Home as a Financial Asset

A transition takes place when you begin the process of selling your home. You see your home not as a home, but as a financial asset, and the question becomes how do your get the most equity out of your house?

This one piece of advice will make all your home selling decisions come into sharp perspective. When selling a home, the biggest reason that a home doesn't sell at the best price on the market, or within a reasonable timeframe, or with equitable terms, is because of this one simple decision isn't make by the seller(s).

Your first decision when you decide to sell your Santa Clarita home is to separate yourself from the personal feelings you have about the house. Often when you talk with realtors about buying real estate, we'll refer to your new property as a "home." When you sell a property, we'll often refer to your property as a house. While buying a home is often an emotional decision, selling a house is a financial decision, one for which emotional detachment is needed. Potential home buyer don't care and don't want to know about the memories, or sentimental attachment you have in your home. In fact, the best way to sell your home is to make it seem like you don't live there. More about that in the next section.

When you decide to sell your Santa Clarita home, resolve to yourself that your home no longer belongs to you. When you think of your house as another financial transaction such as a currency trade or a commodity trade, you think more clearly about all the decisions you need to make before you close on escrow. Buyer's on the other hand invest emotion into the purchase of their new home and it is in your best financial interest to do everything possible to allow them to see your house as their new home. The downside to not detaching yourself emotionally from selling your Santa Clarita house is that the process becomes more difficult for you, and at times, unconsciously, you can either drive potential buyers away, reduce to opportunity for all potential buyers to see your house or unintentionally create other situations that take it longer than need be to sell your house.



Posted by Elenore Hendershot on December 13, 2008 at 12:00 AM

About Elenore Hendershot
Elenore Hendershot is affliated with Coldwell Banker Residential Brokerage, which is located in Chester, NJ. For further assistance please use the contact information located on the right.



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Local Information for Chester, NJ

Latitude: 40.785999 -- Longitude: -74.692904


ZIP Codes for Chester, New Jersey 07930 
Area Code for Chester, New Jersey 908
Time zone for Chester, New Jersey EST



Other Area Cities:   High Bridge, NJ  Chester, NJ  Bedminster, NJ  Brookside, NJ  Budd Lake, NJ  Bridgewater, NJ  Peapack and Gladstone, NJ  Long Valley, NJ  Mendham, NJ  Dover, NJ  Morris Plains, NJ  Morristown, NJ  Randolph, NJ  Washington, NJ  Hampton, NJ 

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Chester is a Borough in Morris County, New Jersey, United States. As of the United States 2000 Census, the borough population was 1,635. Chester itself was established as a separate political entity in 1799, at which time "Chester" meant the area of both the Township and the downtown Village area which came to be the Borough. The Borough of Chester was incorporated in 1930, and is today a separate municipality surrounded by Chester Township. -- Source: Wikipedia.com




New Jersey 2000 Census Population Profile Map

Chester New Jersey United States
Population 1,635 8,414,350 281,421,906
Median age 39.1 36.7 35.3
Median age for Male 37.1 35.5 34
Median age for Female 40.8 38 36.5
Households 609 3,064,645 105,480,101
Household population 1,621 8,219,529 273,643,273
Average household size 2.66 2.68 2.59
Families 427 2,154,539 71,787,347
Average family size 3.15 3.21 3.14
Housing units 627 3,310,275 115,904,641
Occupied units 609 3,064,645 105,480,101
Vacant units 18 245,630 10,424,540

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Elenore Hendershot - Coldwell Banker Residential Brokerage
Elenore Hendershot
Coldwell Banker Residential Brokerage


191 Main Street
Chester, NJ 07930

VOICE: 908-879-4900

FAX: 908-879-8262



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