Terri and her husband recently inherited her parents' home. The house is worth about $85,000 if it's cleaned up. Without cleaning it up, it's worth $75,000. Should they clean this house up to move it faster?Read Transcript
4 Steps to Sell Your Home for the Most Money
Your home is an important investment. It’s the most expensive thing you own. You’ve put a lot of time and money into it through the years. Now that it’s time to sell, you should get as much money for it as you can.
1) Find out how much equity you have in your home.
Want to find your home's equity? Simply subtract your current mortgage balance from the current market value of your home. So, if your home is worth $200,000 and you owe $120,000 on your mortgage, that means you have $80,000 in equity. Easy, right?
2) Choose a top real estate agent.
On average, an agent can make you $39,000 more than if you sell your home yourself! They’ll also handle the hassle of paperwork and details. Find a real estate agent who's right for you.
3) Price your home to sell.
An agent will help with this. You want to get the most that you can for your house. This will mean you have more to live on, save and invest.
4) Be patient.
To get the most for your house, you may have to wait a while. The right buyer is out there. Give it some time! It will be worth the wait.
Sell your home for the most money! The right real estate agent can make all the difference.
Dave Ramsey's Advice for Selling a Home
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Do a For Sale by Owner?
Kim and her husband are relocating. They wonder if they should take on debt in order to fix up the house they're selling. Dave has a short and simple answer.Read Transcript
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Tools to Help You Quickly Sell Your Home
A Top Real Estate Agent
Get access to top-rated real estate agents in your area. All of Dave Ramsey's ELPs provide exceptional customer service and will help you get the most money for your home.