Tuesday, July 01, 2008

Seek Help When Selling Your Own Home

When selling your own home yourself you shouldn’t try and do everything on your own. I don't just say this to promote Realtors, because I am also refering to getting the right advice from financial and legal experts. There are several pitfalls to avoid when selling your own home FSBO.

Also, be aware, selling your own home alone can be disheartening and in many ways scary. You have to shoulder the responsibility all by yourself.

The key therefore, is to find the right people who can help you through the sale and closing process. Accept that you can’t do all the things necessary to close the transaction yourself. There is a lot at stake, so it is important to seek qualified help, in order to get things right.

UK House Prices Slump For Eighth Month

30 June 2008.

House prices fell for the eighth month in a row during June. The latest figures from leading building society, Nationwide, showed the average cost of a home in the UK slid by 0.9 per cent during the month to stand at £172,415 - annual growth falling at its fastest rate since the 1990s crash.

The housing market downturn has now wiped more than 7 per cent off the value of homes compared with the peak hit last year.

This continuing downturn has added to speculation that the once-booming housing market may crash with some economists forecasting price falls of 15 to 20 per cent this year.