Selling a home is a complicated but rewarding process. If you’re considering it, you probably have your reasons for wanting to move, but it’s important to make sure they’re the right reasons. After all, the end results—from the pace of the sale to the price your buyers pay—are much better when a property is truly market-ready. If you’re emotionally, financially and physically ready to sell your home, you’ll be able to make the changes your real estate agent recommends while juggling the demands of selling and buying simultaneously.
So, how do you know if you’re really ready to sell your home? Here are a few signs that now is a good time to sell your house.
Whether it’s the school district, the new neighbors or the long commute, it’s hard to love your home if you don’t even like the location. If you’re not happy with your neighborhood and you want to live somewhere else, go ahead and explore your options. This is one feature you won’t be able to change, so don’t stick around if there are more desirable options available.
Can you afford to make necessary updates, cover closing costs, and make a down payment on another property? Make sure you have money in savings before you try to sell your home. Non-mortgage debts and a shriveled bank account are red flags, because you need financial stability in order sell. Remember—even if you’re selling in a seller’s market, you’re also competing as a buyer in the same market.
Do you feel cramped in your current home, because there’s not enough storage space or room to move around? Did your kids move out, and maintaining your big empty house is getting overwhelming (or expensive)? Your house should be the right size for your lifestyle, so maybe it’s time to move on. Look for properties with the square footage you need, while other families consider yours for their very different lifestyles.
Think you’re ready to sell your home in Central Virginia? Contact Napier Realtors ERA for help and advice about putting your property on the market. Our real estate agents are committed to getting good results for local homeowners, and they’ll help you decide whether you and your home are ready for this major milestone.
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