4 Signs It May Be Time To Sell Your Home
If you’ve been on the fence wondering when is the best time to sell your home…the time is NOW! Right now, it is a great market for sellers. We understand that maybe market conditions don’t warrant whether or not you’ll put your house up for sale, but this real estate market tid-bit is a good piece of knowledge to have on your side.
When you’re thinking you’re ready to put a For Sale sign in your yard, ask yourself these four questions to determine if you are really ready to start the process or if you still just want to consider the options:
Are you out of debt?
If you paid off your mortgage and you have three to six month living expenses in your emergency fund, then you may be financially ready to make the move. Being able to stand on a strong foundation means you may be ready. If you’re not, try to get into the best financial state you possibly can. Work hard to eliminate debt and re-structure your current lifestyle (even in small ways) to decrease the amount of money you owe.
Can your home provide equity for your next home purchase?
Will the sale of your house be able to contribute to some of the payment for your new space? When considering this, use 20% as the magic number. Putting at least 20% down keeps private mortgage insurance at bay.
Are you ready for a new lifestyle?
Does your home accommodate your family and all of your needs? Do you need any additional bedrooms or yard space? Are you looking to size up or downsize? Considering these factors can inform where you might be moving to next, what markets you are looking into, and could possibly create a situation where moving to another state completely may make the most sense.
Can you afford to move?
Buying a home isn’t all about the mortgage. Packing up and shipping out can require some additional funds. It is important to factor in the cost of moving and any additional expenses that may rack up before you start making any arrangements.
If you have been thinking of selling your home for cash, working with us at As Is Now is as easy as it gets. You don’t need to waste any time making small adjustments to your home to satisfy potential buyers or dealing with contractors who may or may not be able to fix the issue at-hand. With As Is Now, we will purchase your property no matter what the condition is at your home. And, to make the deal even sweeter, there are no fees with As Is Now. You don’t have to be paying realtor commissions like you would if you listed your home with a licensed real estate agent. Once we have all the necessary information, we evaluate your property and pay you in cash.
If you are ready to move and are looking for the easiest solution out there, consider the possibility of selling your home to us!