The process of moving can be quite the undertaking, however, it is worth it for a home that suits your needs and for one you are absolutely in love with. You may already feel that there are qualities missing in your current house, which has caused you to toy with the idea of looking for a new home. Or you might just have sheer curiosity in what your home could sell for right now, there’s no shame in that. If you have been aware of the housing market recently, it is a seller’s market. Houses are being turned around in a day and sellers are welcoming multiple offers on their homes. If you are interested in selling your home, take a minute to go over some tell-tale signs for selling your home in order to understand if this process is right for you.
One suggestion we have is to check out your neighborhood and surrounding areas for what homes are selling for right now. Chances are if they are increasing, that is a positive sign. The more your neighbor’s house sells for increases the likelihood of you selling your house for more too. Pay attention to real estate signs on houses. Do you see a “For Sale” sign one day, and then a “Under Contract” sign two days later? The quicker the houses are selling the better your odds are for selling as well.
Take a look at the condition your house is in. A few minor projects are nothing to sweat about if you feel they are absolutely necessary to sell your home. What you need to look closer at is if there are any major projects or issues currently that a buyer would contemplate purchasing another home over yours. Things like a solid roof or a sturdy foundation cannot be overlooked. It also would be in your best interest to have a real estate agent to provide suggestions for any areas of improvement that may add significant value to your home.
All About the Equity
You’ll want to see where your equity stands before considering selling your home. What does that mean exactly? In simple terms, it is the difference between what you owe versus how much your house is currently worth. In this situation, It is ideal to have enough money for closing costs to transition into a next home while maintaining the monthly mortgage payment on your current house. If you are seeing positive numbers in this area, that is one of the signs that you are able to start looking for potential buyers.
Showing Off is Hard Work
Have you passed all the other items with flying colors? Here is the next item on the list. Are you ready to put in the work it takes to sell your home? Evaluate your work, prior engagements, and anything else that is a major part of your life. Sometimes taking on too many things can be overwhelming. You’ll need to prep your house in many ways. That may mean fixing things, putting out costs for staging purposes, arranging open houses, and organizing the home in general.
Ready for a new home? Let Home Buyers Express help you along the way with their expertise in the home selling process. With over 20 years of experience, we take the leg work out of the equation by providing a seamless experience and quick cash offer for each seller. We can help with any type of home selling situation, and encourage you to head over to our website and hear all of the positive testimonials from past sellers. Please give us a call at 410-274-9678 to speak with a member of our team about any questions you may have.