Why You Might Still Consider Selling Your House After All?
As an article from
Bankrate says…
So, a question you should ask yourself is, “What initially prompted my desire to move?”
It's likely that your main incentive wasn't solely financial. The reason you're contemplating selling probably relates more to a change in your life or a shift in what you require from your home.
Let’s explore some of the most common reasons sellers are moving today. A recent article from Builder Online helps shed light on this. In this research, they identified the following categories:
Marriage – If you just got married, you may find you either need more space than you currently have, or the two of you want to find a new place you picked out together.
Divorce – If you’re getting separated or are divorcing your partner, chances are it’ll be difficult to live under the same roof. Selling the place you have, so you can own get your own spot, may be necessary.
Births – If your household is growing, you may need more square footage, including more bedrooms. If you’re running out of room for everyone, you may not be able to wait to move.
Deaths – If you’ve recently lost a loved one, it can be hard to spend time in that home. You may need to move for financial reasons or because you no longer need all the space.
Retirement – If you’re in the process of retiring, or you just did, you may be looking to downsize to cut costs, relocate to be closer to loved ones, or move to a dream location. In this new phase of life, your current home may not be able to deliver what you need.
If you need to sell now because something in your own life has changed, don’t let rates hold you back from what you want. You have options to help make that move possible. You can use the equity you already have in your current home toward your next purchase. And with how much equity homeowners have right now, you may be able to finance less than you’d expect or pay all cash to avoid borrowing at all.
BOTTOM LINE
Once you're prepared to give precedence to your evolving requirements, don't hesitate to connect with Team Front Range. Our agents' expertise can assist you in putting your house on the market and locating a new home that fulfills all your desired criteria. Their guidance will prove invaluable in navigating this transition smoothly.
