When in comes to selling your home, most sellers want to know what Realtor will get them the highest price.   While that is a good strategy, Sellers need to be realistic as well.  In the “New World” of Real Estate and Mortgage Lending, things are changing.  Things are different, very different!  Gone are the Stated Income loans;  Gone are the 80 / 20 Combination loans;  Gone are the no money down loans!  PMI rates are higher and now interest rates for borrowers on conventional loans are set by their FICO score and down payment. 

How will anyone ever sell a home again?  Certainly being realistic is step one.  Don’t forget to really ask the tough questions and listen to a well informed Realtor.  Look at his or her data?  What does the Competitive Market Analysis show?  Go look at your competition.

So why then are you reading about selling your home on a mortgage web site?  The answer is simple.  You want to also create activity to get prospective buyers to your home.  Have you ever consider helping with closing costs?  What other incentives do you know about?