Selling home to buy a new one

[Michael Lee]

Good afternoon all, 

I am looking to sell my primary residence in South West Las Vegas. I am wondering what would be the best plan of action for a quicker sell. This would be for a down payment for another home.

Some info:

3 bed 2.5 bath 1 loft 

Roughly $87k left on mortgage in the 4-ish% range. 

Happy to provide additional info if needed.

I was thinking about possibly transferring mortgage since that was a strategy a couple years back, since the rate is good. 

Any help would be great. Looking forward to hearing your responses. 

Regards, 

Michael

[Michael Lee]

Quote from @Malcomb Stapel:

@Michael Lee what do you think the house would go for in the current market in current condition? I'm going to guess it's a lot more than $87k ? 

If you have good product (top 10% of market) or you have low inventory, you can usually generate a lot of interest by coming in a little under what you think it should sell for. Buyers who have been looking for any amount of time, and their agents, will recognize value and be hot to take a showing of your listing. This can lead to some highest and best offers and bidding wars. 

You know, I realize that some estimated comps would be good information to add. Ha

Homes in my neighborhood have been selling for 420-450 roughly. Mine I would estimate to be on the lower end of that. Definitely room for renovations for those looking for a weekend project but the house is definitely still in great shape.

Thank you for your input.