Hi Needout !
You need to have a Realtor do a market analysis for you to show you the current market value for your home.
Karen Paytas, GRI, CMS
Real Living Kee Realty
Without the specifics, here is my speculation. I think it may have something to do with tax strategy. Say if you bought the house at 50K, and the price has gone up to 200K, and you decide to rent it out. The depreciation will be based on the purchase price 50K. If you sell it to yourself, you will have new depreciation base to work with. And that may move you to a different tax bracket.
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Sell Your House Fast w/ Flat Fee FSBO MLS Listing... more
I would recommend you start talking to agents now. I always tell clients that the Spring Market starts as early as the first of March. If you wait until June , like many people do, there is even more competition in the Market. We are seeing an increase in activity in the past week or so.... more