If I can't lower the price and there is "no financial hardship" can I still apply for short sale?

Yes you can! But you need knowledgeable lawyer to support you in the process. Contact us, we will discuss your situation and recommend you few very nice and experienced professionals, who will do the trick.

 

Buyers are ready to pay fraction of price, that I used to pay. Why should I throw money on the repairs,let them take care about their future home?

Buyers want the house in "move and live" condition, regardless what you used to pay. They just don't care how much it was.All material defects like leaking roof, broken furnace, cracks in foundation( you have the idea) must be disclosed and either repaired by seller or negotiate and lower the price.Unless the property was declared "for sale as is", we strongly advise you do not hide any defects. When inspection will recover some defects that you forgot to mention or just "didn't tell, because nobody was asking", real estate agent (and yourself) must mention about it to all future prospective buyers. It's smarter to stage your house properly and to net more or at least keep yourself out of future troubles.Ask your Realtor or call professional stager, get the house inspected before you sell, to know what to expect.

 

When I sell, I usually start negotiation on a high end, and then move little by little so I'd meet my goal price.Someone told me this is wrong approach..is it?

At my opinion it is wrong. Large number of potential buyers would not even consider your offer - not their price range.Now, those who are searching "high end" properties compare your house with more "advanced looking" and there is no way to win the competition. Real Estate Agents will not bother show your property, and buyers are very educated and know what they want. When you drop the price buyer could ask themselves why the property so long on a market and may factor it into their offers. Finally you may end up in even lower price then you expected.

 

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