99Tangents

Slow home sales mean more vacant houses are sitting on the market – a situation that can lead to increased insurance risks. In March 2008, approximately 4 million homes were for sale in the U.S., and in the past year the median existing home price has dropped almost 8 percent, reports the National Association of Realtors. That could mean a longer wait to sell your house.

This spring, as it becomes a popular time for homeowners to begin preparing their homes for sale, here are some essential steps to make sure the most important first step takes place: buyers make the decision to view the home.

At the beginning of this decade, you could sell your home without even putting it in MLS. My, how things have changed. Now you practically have to beg a buyer to make an offer. If your property isn’t generating interest, what can you do?