Mortgage Refinancing??

[double_j]

It's easy enough to figure out if the cost of refinancing would be worth it...

Shop around for new mortgages. Find out what kind of rates you'll be offered and what the monthly payments will be.

Calculate how much you'll save on the payments vs. your current loan over the life of the mortgage. Ignoring the time value of money, that savings amount should, at the very least, be substantially higher than the amount it'll cost you to close on the new loan.

An even simpler way is just to figure out how much you'll pay in total for the remainder of your current loan vs. how much you'll pay (including closing costs, etc.) over the life of the new one. If new is lower than old by a large enough amount for it to be worth your time, go ahead and do it. If not, either don't do it or keep shopping for a better rate.

[ks8829]

When a propety does not sell, it's always that the asking price is too high. What we have been doing with good results is three key points in San Francisco, California.
1) list homes slightly under the selling price range.
2) have a date to consider offers or a bid date
3) have all the disclosures available including termite and home inspection reports

What you are creating is a multiple offer situations. When a seller gets 3 - 5 offers on the table they will realize that this is the best offers for the current market. What I also do is when I get the multiple offers, I will counter back all the offers and let the buyers improve their offers to be competitive with the other buyers that are biding for the property.

The sellers are sometime concern that a property may not sell for above the asking price what options do they have. The seller is not obligated to sell the property unless they sign the purchase contract, however they might be obligated to pay a brokerage commission to the listing agent unless they include in the listing agreement that the seller is not obligated to pay a brokerage commission unless the subject property sells and closes escrow.

[Fraser]

When a propety does not sell, it's always that the asking price is too high.

Eh? Did you even read the title?