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Choosing to sell your home at any time is a big decision. When contemplating this decision, it’s good to ask yourself a few questions. You have probably already weighed the pros and cons about selling your home on a personal level. You know if the timing is right for your family. There are a few other questions to ask to prepare yourself for the process of selling your home.
Is It A Good Idea For You To Move Right Now?
The massive fall of interest rates a few years back led many people to take advantage and now have lower payments on their current homes. This may be holding you back since interest rates now are so much higher. What many forget to consider is the equity available for you to take advantage of once you sell.
Look around your neighborhood and find out what homes have recently sold for. The difference between your home sale price and how much you have left on your loan can be a great indicator of how much you will get when you sell your home. That money can then be put toward the down payment on your next home, reducing your monthly payments.
It is ultimately a personal answer that only you know. But if interest rates are holding you back from selling, know that there are more ways to look at your real estate transactions.
Will You Be Able To Find A Home You Love?
While the real estate market in San Joaquin County is currently in a sellers market, this does not mean that buyers are not welcome! Data from Realtor.com shows that there is actually an increase in the number of homes being sold compared to last year. Better than that, they predict that this trend will increase and we will continue to see growth in the number of homes that are bought.
This should encourage you! The market that we are seeing shows that there are far more options than history has given us. Your next home is out there waiting for you!
Are There People To Buy Your Home?
The answer to this is a resounding YES! As we already discussed, San Joaquin County is currently experiencing a sellers market. This means that there are more buyers looking for homes than homes that are listed. Your house is likely desired on the market.
Other Questions?
Many sellers find themselves in other circumstances that make them feel they will struggle to list their home. Homes that are in need of repairs tend to have more difficulty finding a willing buyer. If you can’t afford to make the fixes to sell your home, looking at selling may be more daunting for you.
Recently inherited homes can also be a sticky situation. WIth fresh emotions as well as managing a new estate and possibly having taken on a new mortgage. Decisions need to be made fast so you don’t find yourself in a hard situation.
Time may also be a factor for you. Whether you need to sell for a job, because of financial need, or you are in the middle of a big life transition – the market is not always friendly to timeframes. In California, the average length of time a home spent on the market was 66 days in January. Two months is not always a feasible time frame for sellers.
ASDM Homes: Your Off Market Home Selling Solution
Eric with ASDM Homes offers an easier alternative so sell your house fast in San Joaquin County. Cash offers can help you sell your house quickly, for a fair price, without the need for repairs or inspections.
If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process to help get your home sold and cash fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!