Are you sitting on the fence about selling your home? Is selling right for you? Selling your home is a very personal decision. You should consider what is most fitting for your family, finances, lifestyle and future plans.
There are a number of reasons why people decide to move, but it’s important that you actually take a close look at some of the reasons selling your home now might be the right decision for you and your family.
I’ve put together some of the main reasons people make the decision to move:
1. YOU CAN’T AFFORD IT ANYMORE
Definitely the saddest, most stressful and negative justification for selling your home.
But unfortunately it is a reality that many people are facing as the pandemic has affected us in so many different ways: lives have been lost, in many cases the main provider, leaving the family not only emotionally broken, but financially in dire straits.
Millions of jobs have been permanently lost or furloughed, family incomes reduced, loved ones health has been affected leaving them unable to work the same and produce the same income.
While all of these reasons are devastating and even embarrassing to some, it is a situation that needs to be addressed promptly.
Especially as many of the pandemic programs to stop evictions and foreclosures might be coming to an end.
The good news is that in this market, homeowners in this position can actually find comfort in knowing that, in the vast majority of cases, they can get out and possibly make a sizable profit that would allow them to make the next move in a much more comfortable and less stressful position. And in many cases without even having to worry about fixing up the house and making it picture perfect!
2. HOME IS NO LONGER THE RIGHT SIZE
As we grow, our needs change, meaning different properties are suited to different times of our lives.
Maybe a new addition to the family, or small children growing up and needing a bigger and more child-friendly home.
On the other side of the coin, maybe the kids have started to fly away from the nest, and your once perfectly sized home now seems eerily quiet and prone to echoing. Downsizing could make you more comfortable, not to mention it can free up a substantial amount of money.
3. THE MARKET IS IDEAL FOR SELLING
If you’re still on the edge about selling, a hot property market could be enough to tip you over. The good ole’ supply and demand rule is in full force in most markets, with Kansas City being no exception.
Why would it be? This is the perfect place to live! (Yeah, I’m partial on this matter and you can’t change my mind ????)
This means there are a lot more buyers than sellers in our area, which can result in the price tag for your property for sale being driven up by the increased competition.
The beauty of that though, is that the low interest rates still allow buyers to get a fantastic deal and in many, many cases, allowing them to buy for less than they would rent.
Making it an ideal WIN-WIN MARKET!
4. TIMES ARE CHANGING
Simple lifestyle changes can result in you wanting or needing to sell your home and move locations.
Maybe in you’ve picked up a new job in a different city, you’re tired of your long commute to work or you want to live closer to your friends and family or your income allows you to get a better house, in a better area, maybe better schools districts?
It can even be something as simple as wanting a change in your life, like a breath of fresh air from a different area, trying to ditch those ugly and restricting HOA rules or wanting a little bit of land to make your little patch of heaven!
5. SIMPLY TIRED OF IT!
Maybe there were repairs you never got around to and now you’re just over wanting to fix it up and make it pretty again. Or you don’t have the time, energy or finances to remodel and make it pretty again.
Have you heard that one man’s trash is another man’s treasure? This is the time! Buyers are looking for a project, for a new canvas. And your home may just be it!
While there is a fantastic window of opportunity for homeowners to sell their home for top dollar in right now, selling your home is a very personal and important decision only you and your family can make.
Once you’ve balanced all the positives and negatives, emotions and practicalities, you can make a solid decision for your family.
Figuring out the numbers, finances, possible selling prices and total net in your pocket after everything is said and done is something a Realtor can help you figure out. Give yourself peace of mind that you’ve made the right decision for your family. Don’t wonder what could’ve been.
