Finding something positive to say about the housing market these days seems impossible, from February’s horrific home sales figures (new home sales fell 16.9% to the lowest level since the government started keeping records in 1963, CNN Money reported, and existing home sales fell 9.6%) to new surveys indicating that economists expect prices will continue to fall (and will, in fact, not hit bottom until next year).
Having to sell a home in this environment is daunting. Depending on your situation, you may have no choice or have simply decided that it’s time for you to move on to another home. Whatever your reasons, selling a home is as complicated as buying one. To get you started, we designed this infographic that walks you through the main steps, from the pros and cons of renting your home out rather than selling it (and vice versa) to the day when you hand the keys over to the new owner of your now former house.