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Tips on How to Price Your Home
- Consider comparables. What have other homes in your neighborhood sold for recently? How do they compare to yours in terms of size, upkeep, and amenities?
- Consider competition. How many other houses are for sale in your area? Are you competing against new homes?
- Consider your contingencies. Do you have special concerns that would affect the price you’ll receive? For example, do you want to be able to move in four months?
- Get an appraisal. For a few hundred dollars, a qualified appraiser can give you an estimate of your home’s value. Be sure to ask for a market-value appraisal. To locate appraisers in your area, contact The Appraisal Institute (www.appraisalinstitute.org) or ask a REALTOR® for some recommendations.
- Ask a lender. Since most buyers will need a mortgage, it’s important that a home’s sale price be in line with a lender’s estimate of its value.
- Be accurate. Studies show that homes priced higher than 3 percent over the correct price take longer to sell.
- Know what you’ll accept. It’s critical to know what price you’ll accept before beginning a negotiation with a buyer.
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® Copyright 2004. All rights reserved. www.REALTOR.org/realtormag

Van Buren Township
Price: $30000
Gorgeous second floor ranch in Meadows. Pond outside door, one of the best settings. Kitchen with oak cabinets and all appliances stay. Neutral color throughout; separate laundry room, appliances included. Huge master bedroom has walk in closet. Nice deck. Building 20, Unit 4.

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Dearborn
Price: $160000
Beautiful brick condo. Excellent curb appeal!! This end unit features an extra dining room window, open floor plan, oak cabinets in kitchen. Floors feature hardwood, carpet and tile. Cathedral ceilings. Very large bedrooms; master bedroom, with walk in closet a must see! Patio area great for relaxing or entertaining. Other features need to be seen to believe. Also available for lease.

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