11
Jun

5 Signs It’s Time to Sell Your Home

Written by Family Magazine. Posted in Houses for sale mandan nd, Just listed homes for sale, Rural homes for sale in bismarck nd

So you have a home, and you want to sell at some point. How do you know when it’s time to call the realtor and set the wheels in motion? Of course, it’s smart to stay in contact with realtors all the time to be aware of possibilities, but there are definitely moments when opportunity knocks. Here are five signs that it’s time to sell your house.

The Interest Rates Are Really Low

When fixed interest rates go really low, this becomes a huge advantage to sellers. With low interest rates you can expect more potential buyers to show interest, meaning that you can demand a higher price. Check our realtors in your area to hammer out the details and see if low interest rates could mean big profits for your home sale.

Your Neighbors Just Made A Mint

If someone in your neighborhood with a similar home has just sold for a price you’d love to get, it might mean that the market is right for you to think about selling. Ask local realtors about prices for similar real estate in the area and possibly getting a home evaluation. Then you can decide if you want to take it further.

You’ve Already Remodeled

Remodeling is often a great way to increase value, but there comes a time when another remodel won’t actually improve much. Again this is a moment to check with real estate agents about whether or not any remodeling could help, but you probably already know when you’ve reached your limit. Your home’s potential is pretty much maxed out, so it’s time to sell.

You Have Another Home On Your Mind

Everyone dreams about another place once in a while or envies the neighbor’s magazine-worthy house down the street. But if you’ve got one on your mind and you just can’t let it go, it might be time to sell your own place. This goes double if you’re also pressed for space or are unhappy with the schools in your area.

Property Taxes Are Killing You

New policy with the passing of the Tax Cuts and Jobs Act means big changes to tax policy. As a result, mortgage interest rates aren’t deductible at the rates they have been, and some homeowners living in areas with high property taxes are liable to feel the crunch. If the financial hit is going to be too big for you, it might be time to look for property in a lower tax area.

Whether you’re ready to sell right now or not, look for realtors who can help you assess the possibilities and your options. Look at homes for sale in your area and get a feel for the market. Whatever you do, don’t miss the tell-tale signs that you have a window of opportunity.

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