[5-DayForum] How do I avoid selling at a lower price? Can I cheat abit ?? Your book says NO....but I am so afraid

[Rosemarie and Fred Belcher]

Hi Elaine
    So sorry you are going through this mess.
    We ran a successful 5-day sale in Charlotte a few weeks ago, so now I'm 
an expert!!
    Your emotions are obviously running very high at the moment. My opinion 
is that when you are running on emotion is a bad time to make a decision. I 
think that if you ran a 5-day sale in your current frame of mind you would 
not be successful. Your fear and anger would transmit to the prospective 
buyers and make them wonder what was wrong. So my first piece of advice 
would be to wait until you are calmer. Use some time gathering information 
before you decide what to do.
    My second piece of advice would be to talk to someone who has some 
knowledge about what the options are. Are you behind on your mortgage 
payments?  Have you spoken to the bank? They can tell you the options about 
the mortgage - forbearance or short sale being two possibilities.
    Is your husband on the mortgage also? If so, he has equal responsibility 
with you to pay it off. Have you divorced? Sometimes a divorce settlement 
will solve a problem like this (if you have a good lawyer.)
    Sometimes we all are blinded by emotion to options that are not what we 
would consider in normal circumstances. Now it's time to think outside the 
box a bit. People on this forum are very helpful - keep writing.
Rosemarie
----- Original Message ----- 
From: "elaine thomason" <writefromwrong1 at gmail.com>
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Cc: <molly23 at yahoo.com>
Sent: Monday, November 26, 2007 12:14 AM
Subject: [5-DayForum] How do I avoid selling at a lower price? Can I cheat 
abit ?? Your book says NO....but I am so afraid


> Hello  Mr Effros,
>
> You seem   so confident in reading  your   book.  I am not so.
>
> I am afraid to do this the way you say.  I have the 3rd edition
> Advertise at  50%  of  value ????  It kinda does  make sense  but it
> scares me to death and all my friends think I am crazy without a
> backup plan.  I know it will bring in trailor ...type people  even
> though my house is worth about 500,000.00   or a bit  more
>
> I have always been one to do right from wrong  and  I am so confused.
> it's frightening  I have  a wonderful happy home   well landscaped
> etc.   Light & airy on the inside and it's a party home.   We were a
> happy family in it  for  years...  we bought low 8 years ago and
> borrowed money about 2 years ago on a second mortgage  a   Heloc  I
> guess....  and now  they are telling me  its  worth less than  I have
> mortgaged  how can that be?
>
>        Do I have to sell to the highest bidder  or  can I cheat?
> (somehow even a little )   I am really afraid as  I owe a bit more
> than my bank mortgage .  about 5,300.00    and I  know  I can't
> afford a realtor  ///    I already know  that   even though they said
> sign  here on the listing agreements.
>
> They never told  what they would do for me  and if  I would come out
> whole     or a bit under..  I hate them  ( the agents) they seem only
> interested in the listing    that's  it.  I know  this is petty  but
> it's my future and my life.
>
>   I interviewed  4 of the best in Raleigh they all had different
> opinions and all were below what  I owed   I am afraid to face this
> alone   .....    what  should  I do?
>
> I live  in  NC  the   Triangle area which is a  great place to live my
> kids go to the universities in our area        ...and I am  deathly
> afraid as   my husband left me 5 months  ago and its up to me  to sell
> the homestead.
> Should I just go ahead and do it  by the book and take my odds  or can
> you recommend a consultant in my area to assist me ?  Thank you Mr
> Effros.
>
> Elaine  T
> _______________________________________________
> 5-DayForum mailing list
> 5-DayForum at mailman.howtosellyourhomein5days.com
> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum