Some homeowners are determined to wait til they get every penny of equity back that was lost during the housing down turn. Understandable as none of us like to lose money. But is waiting to move on costing you more in the long run. It could be another five to ten years before all the money you lost is returned. The question to ask “are you willing to wait five, ten or more years?”

If you have been thinking about selling, what are your reasons for doing so. Is waiting worth it to put your life on hold until the perfect time arrives. Were you planning on moving to be near family, move to a bigger/smaller home, health reasons, etc. If you were to put your home on the market today and it sold right away – how would you feel? Only you know the answer to this question.

If your goal is to buy a another home waiting could cost you more money than recouping the loss. Home prices and interest rates are rising. What would be the cost to you if you missed out on the home market opportunities available today.

And because of the favorable market, homes are in demand. We have buyers –what I call AAA buyers who are ready now. As more homes become available (which we are seeing a slight increase in inventory), you will be competing for your place in the market.

Now may be the perfect time to sell your home.

 

About Linda Urbick Linda

has written 251 articles on this blog.


Filed under: General RE Tips

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