Should I Sell My House? 4 Reasons Now is the Time

Should I Sell My House? 4 Reasons Now is the Time


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Spring has sprung and the busy real estate season is upon us. Every year when the snow melts and the “for sale” signs start popping up in yards around the state homeowners start to question, “Should I sell my house?”. While the answer can differ based on your specific situation there are 5 great reasons why now is the right time to sell your house.

Should I Sell My House? Here is Why You Should

1. People are Buying

The best time to sell your house is when people are wanting to buy. Many parts of the country are experiencing a seller’s market. During spring people start itching to buy. As we move into summer many families use the opportunity between school seasons to settle into a new home.

2. Low Mortgage Rates

Mortgage rates are still low. This helps potential buyers be able to afford to purchase more house, which in turns helps homeowners to sell their home. If you are going to need to obtain a mortgage for the next house you buy this is a great time to take advantage of the low mortgage rates for yourself. The market can never predict with 100% accuracy when the rates will increase, so it’s a great time to take advantage of these rates.

3. Inventory is Low

It is a seller’s market which makes it a great time to sell. The inventory is low which means there are many houses that are receiving offers from multiple buyers. This can lead to a bidding war which drives up the sale price of the house. Sellers have the advantage in the market right now, so it’s a great time to put your house on the market.

4. Prices are Going Up

Real estate values are increasing in Columbus, Ohio. The city is on the rise which is driving home prices up. This is an advantage to homeowners looking to sell because they can make more on the sale of the house. It also makes it a great time to sell your current house and get into a new one before the prices rise higher than you can afford.

Getting Started

Most homeowners start the process of selling their home by finding a real estate agent to work with. The next step is to prepare your house for sale, which can involve some or all of the following:

  • Make Repairs – Many buyers are looking for move-in ready houses. If you want to sell your house for top dollar you need to make your house move-in ready. Consider paying a home inspector to look at your house so you know which areas could be a problem for potential buyers.
  • Update and Upgrade – If your house looks like it was built and designed in past it is time to update it. Buyers love open floor plans and lots of natural lighting. They also like hardwood floors, granite counters, and outdoor living spaces.
  • Stage – Home staging helps sell houses faster and for more money. It is worth the money to hire a professional home stager. If your budget doesn’t allow for this put in the hard work yourself. Look for ways to turn your house into a house buyers can picture themselves living in.

Sound Like a Lot of Work and Money?

If you have been wondering “should I sell my house?” but don’t want to spend the time and money getting it ready to sell call MP Home Buyers today. We buy houses as-is so you don’t have to waste your time and money getting your house ready to sell. Complete the online form or call today to find out how we can help you sell your house fast for cash.

 

 

 

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