With home prices skyrocketing, are you considering selling your home, but aren’t sure if it’s the right move for you? We’ve curated the top six reasons that people sell in an easy to read format. If any of these situations apply to you, it may be the right time to sell and benefit from the current market!
1. You need a bigger house.
If you are finding that there’s just not enough space in your current home due to a growing family, today may be the perfect time to sell your home. I can help you leverage your current home equity so that we can get you into a bigger house without a huge increase in your mortgage.
2. Your job has changed.
Over the past year we have seen many people move to a virtual work environment. As restrictions are lifted and we are back to a somewhat normal life, many workplaces are deciding to let their employees continue to work from home. Perhaps you no longer need to be physically close to your office and would like to move somewhere further away and take advantage of lower housing costs. Or maybe the opposite is true and you need to find a job closer to your work to lessen your commute. Either way, a job change is a common reason that people sell their homes!
3. You recently got married.
When people get married, it’s not surprising that living situations often need to change. If you and your spouse both own homes, it could be the perfect time to sell one of your homes and help pay for all those wedding expenses!
4. You are an empty nester.
If you’re not familiar with the term empty nester, it just means that your children have grown up and moved out. You may find that you no longer need those extra bedrooms because there’s no one to occupy them. If this is you, you could sell your home and finally go on that vacation you’ve dreamed about for years.
5. You want to be closer to family.
If you’re considering selling your home and moving back closer to your home town, you’re not alone. In fact, according to LivingFacts.org, 42% of Americans live in or near where they grew up. If you want to be closer to your parents so that they can see your kids grow up, or if you simply want to be able to spend more time with them, now may be the perfect time to sell your home.
6. You want more cash in your pocket!
As the housing market has exploded, so has equity for home-owners. So if you need cash right away, this could be the perfect time to gain access to your equity!
Final Thoughts
There are many reasons to sell your home and these are just a few of them. Use this Net Sheet Calculator to see how much you might get for your home. And if you want a more accurate home market evaluation, Contact Me Today!