With all the news lately about the past year being one of the best for real estate sales since 2007, it’s not surprising that many homeowners are mulling over whether or not they should put their homes on the market. Trying to figure out if you should take the plunge yourself? Here are a few factors that you should consider when making your decision.
Your agent can recommend contractors to give you an estimate for various home repairs and improvements
You should bring in an real estate agent at this point to price your home, based on recent and current sales in the area.
Do you want to cash out of your home because the market is hot? Do you need more space? Or do you no longer need the space you have? The answer to this question is important because it will inform the next question which is…
Are you going to rent or buy? If you want to buy, can you buy without the money from your sale or do you need the sale for your down payment?
You need to know the answer to this question before you list your apartment, especially since you could end up getting a great offer on your apartment much faster than you anticipated. You need to be ready to move.
Need help figuring this out? Contact me for a free handout that covers estimated closing costs.
No matter what the numbers say, ultimately you have to do a “gut check” here and ask yourself if it’s really the right time for you.
Have more questions about possibly selling your home? Feel free to contact me – I’m always happy to help!
Nikki R. Thomas
Licensed Associate Real Estate Broker
The Corcoran Group
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