Selling your home at the right time is the best way to get the highest price for your home. While every situation is different, there are some indicators that can help you determine the right time to sell.
One indicator is if you have equity in your home where the sale price would pay off your mortgage and the costs associated with selling. Another sign that it’s time to sell is if your home no longer matches your life. If you are expecting a new child, you might be ready for a larger home with more space. On the other hand, if you’re an empty nester, it may be time to downsize.
There are a number of reasons why now is a great time to list your home. For starters, the interest rates are incredibly low, which means that buyers who may have waited to enter the market may be considering purchasing. Also, while COVID-19 may have impacted open houses, it hasn’t stopped virtual tours. In fact, with the convenience of virtual tours, you may be able to show your home to more potential buyers than you would have with an open house.
There are a lot of things to consider, whether you’re preparing to sell your home or are thinking about making changes to improve its energy-efficiency. Hopefully, these ideas will help to guide you in the right direction.
Source: Nerd Wallet, Mint Hill Times
We are ready to help you find the best possible mortgage solution for your situation. Contact Sheila Siegel at Synergy Financial Group today.
