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Old 07-14-2012, 06:55 AM
 
Location: NC
8,708 posts, read 12,096,664 times
Reputation: 19054

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Has anyone tried to sell a house a few months after they purchased it? Nothing wrong with the house/property/location, had all inspection faults repaired before closing, nice area, appraised well. Is it better to wait a year or to just get on with it and relist? Same agent, perhaps? What would be the best strategy.
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Old 07-14-2012, 07:15 AM
 
Location: Inman Park (Atlanta, GA)
21,870 posts, read 14,389,428 times
Reputation: 14312
You need to do some homework first. Find out what the comparables are selling for and then you can make a decision on whether or not it is time to sell it.
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Old 07-14-2012, 08:11 AM
 
Location: The Triad (NC)
32,731 posts, read 76,729,571 times
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Quote:
Originally Posted by luv4horses View Post
Is it better to wait a year or to just get on with it and relist?
Better in what regard?
Whatever your reasons may be if you can afford to take the hit... then move on with your life.

Quote:
What would be the best strategy.
Having your legitimate and plausible reason clearly stated.
Not as the first line on the listing but on there.
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Old 07-15-2012, 07:16 AM
 
8,311 posts, read 11,046,721 times
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It depends on your reasons for selling and upon your circumstances. If a profit is involved, I'd wait a year to qualify for long-term capital gains. If it's a principal residence, that's even more reason to wait.
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