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Pricing >Strategic Pricing

When you decide to sell your home, your next decision is key to the sale--"How much should I ask?" If you ask too little for your home, you could potentially lose money. Asking too much for your home could cause it to sit on the market for a long time.

Your real estate agent wants to sell your home as soon as possible, for the best price. The agent will use a Competitive Market Analysis to determine the price for your home. The sales professional may advise you to reduce the asking price if buyers fail to surface after a certain period of time on the market.

If you are serious about selling your home, you should take your real estate agent's advice. In case the first price reduction doesn't generate a buyer, another reduction may be necessary. The monetary value of a house is only what someone is willing to pay for it, but if the market analysis is done correctly, you will get the maximum amount--and a timely sale.

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Q	What is a "jumbo mortgage"?
A	The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
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Nathan Techanchuk, National City Mortgage
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Joyce Bruce, REALTORŽ, real estate agents and broker for Chesapeake, Suffolk and Norfolk Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Joyce Bruce
RE/MAX Alliance
717 South Battlefield Blvd., Suite 16
Chesapeake, VA, 23322
Phone #: 757-393-0440
Phone #: 757-621-5468
Toll Free #: 800-328-0043
Fax #: 757-393-2782
E-mail: joycebruce@NUMBER1EXPERT.com
Joyce Y. Bruce South Hampton Roads, Virginia Real Estate and Homes for Sale

South Hampton Roads also known as Tidewater consists of the cities of Chesapeake, Norfolk, Portsmouth, Suffolk and Virginia Beach. A great place to live, work, play and raise a family! Put my 20+ years of full time real estate sales experience to work for you! Selling? Buying? Have a question about Real Estate? Need professional Real Estate advice? I Want to Be Your Real Estate Resource for Life! My belief is that the only "dumb" Real Estate Question is the one that is never asked. I have received many awards during my career recognizing my professional accomplishments. However, my most cherished awards are happy, satisfied clients. Superior service, honesty, integrity, commitment to my clients, knowledge of the market and great negotiating skills are terms that former clients use to describe me when referring their friends, neighbors and relatives to me for their Real Estate needs. Clients are my #1 priority. Put me and my team to work for you today!

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