Here’s what you should consider before selling your home, and whether or not there is a perfect time to do so.
Consider your personal finances
First thing’s first: you have to consider your own personal finances in any major homeowner decision you make, especially when it comes to buying or selling a home. This is highly important when trying to figure out if there is a perfect time to sell your home. While real estate trends can come and go, there may be a right and wrong time for you personally to sell your home. To figure this out, you can ask yourself the following questions:
Am I financially obligated to sell my home?
Do I need to sell as soon as possible, or am I financially able to wait until the market is best?
How much am I willing to invest into selling my home
What is the best choice for you and your family
If you are looking to sell a home that you and your family are currently living in, then the decision to sell will impact your family. Above all, you should consider what is most important to you and your family when determining when to sell your home. If you have children, you may want to list in the late Spring and move out by the time your children are on summer break. If you are looking to sell your home because you are transferring jobs to a new area or state, consider how long you have before your work transfer. Keep in mind yourself, your significant other, and your family, because selling a home just as much a personal decision as it is a financial one.
Karen & Henry Seale