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 you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that your timing it right. There is so much pressure to choose the right time to sell your home.
If you sell when home prices are plummeting, you may end up losing on the deal. If you sell when home prices are highest, there may not be a lot of buyers looking to move. So how do you know when it’s a good time to sell? That is where American Heritage Realty agents and brokers come in.
If you are considering selling your home, one of our qualified agents can help you determine if the market puts you in a good position. If you find yourself in any of these situations it may be a sign that now is the time to sell your home.
You’ve Outgrown Your Home
Whether you are expecting another child, caring for an aging parent, or living with adult children, when you’ve outgrown your home, it may be time to sell your home. 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? Buying a bigger home is one of the main reasons homeowners choose to sell.
Sometimes you need more room than a single-family home; if you care for an elderly parent, maybe you want a guest room or house. If you add more children to your family, more space is never bad. A larger yard, more rooms or bathrooms may be something that will benefit your family greatly.
You Need to Make a Change
Change is inevitable. Maybe you’re tired of shoveling snow, and you want to live in a warmer climate. Maybe you have to move to go after your dream job, or you want to be closer to family. There are so many reasons that you want to make a move. The reasons can be as big as getting your dream job or wanting to be closer to your favorite lake, like Brookville Lake.
There are so many things to consider, but when the need to make a change is more urgent than the urge to stay, you should start to consider a move. We spend a lot of our lives in our homes, which means you should be happy with where you live.
Home Prices are on the Rise
Rising home prices are one of the riskiest reasons to sell your home. Sure, you may get more than you ever dreamed of for your home when prices are on the rise, but that also means that you most likely pay more for another home. Perhaps your agent can help you find a great price in a new location. Then you will have made a huge profit and moving would be a smart financial move.
Depending on your situation, you want an agent’s help to evaluate the current market in your area and the area you want to move into. If you are looking to move within East Central Indiana, get in contact with us! One of our experienced agents can give you the information you need to determine if now is a good time to sell your home.
You Need to Downsize
Many homeowners are selling in order to downsize. Generation X is moving into their golden years. The kids are all out of the house, and you just don’t need all that space anymore. Selling now could add a nice healthy sum to your nest egg as well. As long as you are smart about how much of that profit to spend on a new place, downsizing could be just the right move for you financially. There are many lovely places within East Central Indiana that offer the small-town feel you love. Learn more about different regions in East Central Indiana here.
You Can No Longer Afford Your Home
Sadly, some homeowners just can no longer afford their homes. Whether it is due to divorce, illness, a death, a skyrocketing mortgage payment, or the loss of a job, a change in your financial circumstances is a big red flashing sign that now is the time to sell your home. Waiting any longer could have catastrophic economic consequences.
In any situation you find yourself in, an experienced agent is key to helping you achieve your goals. Learn more about how to determine if now is the time to sell your home by contacting us today.
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If you are interested in purchasing a home or selling a home in East Central Indiana, learn more about American Heritage Realty. We have been in operation since 1977, and we have the expertise and technology to help you buy a home or sell a home. Get to know us!