Some people stay in their houses because the idea of selling hasn’t even occurred to them.
Regardless of whether the house meets their requirements or suits their situation, selling is usually a distant thought.
We become so comfortable in our homes, that we fail to realize that we don’t have to live there forever!
Sometimes selling can seem more trouble than living in a cramped or run-down home. Even when our property no longer works for us, we stay because after all, it’s still “home.” It becomes difficult to leave because it’s a place where you and your children made so many happy memories.
Don’t Get Stuck In A House You Don’t Love!
There comes a point when you should really consider selling a moving on to someplace more suitable. To help you figure out when it’s time to sell, we put this article together along with some helpful tips and advice. There’s no need to put up with a property that makes you unhappy! Check out the signs below that tell you when to sell.
Not Enough SPACE
Do you long for more space? Have you gotten used to having a cramped kitchen and a tiny garden? Perhaps, you’ve given up on having a wide-open garden with a built-in pool to relax in during the summer.
Well, even if moving seems unrealistic, you shouldn’t feel cramped or claustrophobic in your own home. There are plenty of homes available right now in Miami. And there’s no reason why you should remain stuck in a home that’s too small.
Too Much SPACE
Building on our first point, the opposite can also be true. A lot of families start out buying a big four-bedroom property, with plenty of space only to realize that when the kids move out such a large house becomes difficult to maintain.
Older couples find themselves covering expensive utility costs, taxes, and insurance on a property that’s far too big for only two people. Perhaps, there’s even a few rooms you don’t even use any more, or areas of the garden that have become so overgrown you can’t even see what’s there.
Don’t hold on to a home with tons of unused space! It’ll only end up costing you more in the long run.
Your House is Competitive
Did your neighbor’s house just sell for an unheard-of amount? Is your house similar, if not better?
If houses in your local neighborhood are fetching a high price, you might want to consider selling before that bubble bursts and the market finally drops again. Remember to check out the actual sale price of local properties not what they’re being advertise at. If prices are high and the market is looking good, then why not sell and find a better property elsewhere.
You Can Afford It
Plain and simple, moving costs money. And obviously so does selling your home. Repairs, paint, landscaping, and general fixes can all add up fast! But, if you’re slowly starting to realise that you’ve outgrown your home, and you can afford moving someplace better, then why not sell and escape to someplace new?
You Are Emotionally Ready To Move On
Moving is considered one of the most stressful life events after divorce. People fail to realize the emotional impact that moving can have on families even if they want to move.
Moving at it’s core means saying goodbye. Saying goodbye to a home you’ve spent years in and a saying goodbye to a chapter of your life. It can be hard to let go and move – even harder if your new living arrangements feel like a step backwards. But, if you truly find a property that improves your situation and offers you more than your current home, then you will find it easier to let go and move forward.
Consult A Pro
Discuss your options with an agent, accountant or financial advisor. There is no formula that can tell when the absolute perfect time to sell is. However, you can tap into the knowledge of local professionals who might have a greater understanding of the market and experience working with similiar families and couples.
A financial advisor can also help determine whether a move will be beneficial for you financially which is another important factor that needs to be taken into consideration.