Indicators That It’s Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or are in the process of downsizing now that your children have left the next. Whatever your motivations, timing is key.

If you sell when home prices are plummeting, you may end up losing on the deal. However if you place your home on the market when prices are at their peak, there may be a shortage of buyers.

So how do you know when it’s a good time to sell? A professional real estate agent can assess the market conditions, conduct a home evaluation and strategic marketing measures that will sell your home for top dollar in a timely fashion.

But there may be other time-tell signs that indicate, this might be the time for a new home.

YOU’VE OUT GROWN YOUR CURRENT HOME

Whether you are expecting another child, caring for an aging parent, or have taken in your adult children, when you’ve outgrown your home, it may be time to sell it. Buying a bigger home is one of the main reasons why homeowners choose to sell. Consider the permanency of the change. Will the kids be there for a long time? How long will you be able to care for your aging parent?

YOU NEED TO MAKE A CHANGE

Change is inevitable. Maybe you’re tired of shoveling snow and you want to shift to a condominium where those types of chores are taken care of.  Are you looking to move and chase that dream job or be closer to family. When change requires a move then selling your home is necessary.

HOME PRICES ON THE RISE

This can be a somewhat of a risky reason to sell your home. True you may get more than you expected for your home , but you may also have pay more for another home. This is where your real estate agent is can be of assistance is making the transition from home-to-home easy, affordable and headache free.

YOU NEED TO DOWNSIZE

As the baby boomer generation is moving into their golden years, they are selling their homes in order to downsize. The kids are all out of the house and all that extra space becomes a chore. Many homeowners have used real estate to boost their retirement finances. This is where your real estate agent and your financial planner can work hand-in-hand to best represent your interests.

YOU CAN NO LONGER AFFORD YOUR HOME

Sometimes, life changes (divorce, illness, death, job loss or other drastic financial circumstances) can force a home sale sooner than you are ready. Dealing with the situation early, could mean less financial impact later on.

Every situation is different and your personal home ownership situation is unique. An experienced real estate agent is key to helping you achieve your personal goals.

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Our team of real estate professionals would be thrilled to work with you. Call us today!

Karen Paul & Associates | Real Estate
Ontario Is Our Game ~ Come Play With Us
905-333-6234 | karenpaul.com | info@karenpaul.com
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