In my lasting posting I explained two of the four primary factors that come into play with the decision making process of selling one's home. The following are the remaining two significant issues or drivers that many home owners face when they are contemplating the need to sell.
Family Issues
The family issue homeowners cite more than any other when deciding to sell is children. Most often, people want a bigger home to accommodate a newborn, or may find their family has simply outgrown the home. If this is the case, you're in a perfect position relative to today's marketplace. First and foremost, you can afford to put in enough time to sell at the right price and then find a home that suits your requirements. Contacting your Realtor well in advance of the date you wish to move will virtually guarantee you'll find a good home at a good price.
Lifestyle Changes
The two most common lifestyle changes that motivate sellers are retirement. For those planning to retire, truly enjoying your latter years may involve a "cashing in" of assets. Again, it's a wise to look far enough ahead in order to use the market to your advantage and sell at a good price. Changes in lifestyle can include things such as buying a condominium to ease the workload involved with maintenance and upkeep; city dwellers who want to live in a more rural environment, or even those who want to set up a home business.
Once a homeowner has a clear grasp of the issues at hand when faced with the prospect of selling their home, they will be able to make rational, fact based decsions that will make the whole process of selling much easier to deal with. If you are currently faced with making a real estate decision that involves one of these factors or others and need to seek advice, please feel free to contact me without obligation.
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