So you own a home and you are thinking of selling. First, think of why would you want to sell now. Thinking of moving and getting a new job in a different area? Need a larger hom,e or maybe a smaller home with less upkeep?
These are all good reasons to be selling. Now the question is, can you afford to sell? If you have owned your home for 5 or 6 years you may have paid more than it is worth in the current market. It is usually best to call 2 or 3 Real Estate agents in your area and ask for a market analysis. Tell them up front you are not sure if you are selling but need to know what you home is worth in today’s market. Based on that figure, you can decide if selling is the way to go. You may want to consider renting it out for a year or so before selling. There are most likely companies in your market area that specialize in doing that, and managing the rental for a portion of the rent.
When you have decided which way you want to go the next step, if you are going to sell, is to look at your house to make it the most attractive it can be. This will bring the buyer to your house before the competition.
We will cover that next time.
