Let me ask you an interesting question: How can you know when it’s the right time to sell your home?
It’s not uncommon to think about selling your current home and moving — whether it’s to buy a bigger home or to downsize. Most of us have moved at least once during our lives, and many of us have debated the wisdom of selling a home. So, how do you know when it’s time?
Here are some signs that tell that it’s time to sell your home.
The first sign you need to look for is when your local real estate market is hot and you can make a big profit on your home.
Another good sign is when interest rates have stabilized and are still low, which makes it easier for people to afford homes. This keeps the inventory moving quickly with a large pool of buyers.
Next, consider selling when the renovations you want to do won’t give you a return on investment. It will make more sense to just put your renovation fund into buying a home that won’t need renovations.
Another reason would be personal needs, such as wanting to cut down your commute to work. For families, common issues they encounter is when their family is growing bigger or their kids are growing older and need more space. Conversely, if your children have left home and you are left with empty rooms, you might want to consider downsizing.
Lastly, home maintenance might be becoming too big of a chore for you and you need to find a home that requires less time and energy to maintain.
Can you relate to any of these signs? Then, maybe it’s time to sell your home.
Reach me at 8638661044 or send me an email at april@aprilannspaulding.com and I’ll make it a lot easier for you.