5 Signs Now Is the Right Time to Sell Your Home Birdland Pleasanton
Making the decision to sell your home to buyers looking for homes for sale in Birdland Pleasanton CA is not always easy. There are many factors to consider such as the current real estate market and your lifestyle, and financial situation. Before you decide to sell your home, you need to make sure you are ready.
Here are five giveaway signs to know that you are prepared to relocate:
You are financially doing well
Buying a home is no simple feat. You should have all your financial ducks in a row before plunging into the home buying process. Analyze your current financial situation. If you have paid off all your non-mortgage debt and have three to six months of expenses in your emergency fund, it is a good sign that you are financially ready to purchase your next home.
Equity is on your side
In real estate, equity refers to the difference between the current fair market value of the property and the amount you still owe on the mortgage. It is the amount that you would receive after selling your home and paying off the mortgage. If you are not sure where your equity stands, you can consult an experienced real estate agent. She can run a free comparative market analysis and give you an idea on what is your home worth in Birdland. You may proceed with your plans of purchasing your next home if your property has recovered enough value to provide at least 20% equity for your next purchase.
You are already checking out the competition
If you find yourself constantly looking at properties online and checking out the local open houses on weekends, it is an indication that you have subconsciously made up your mind to sell your current home. While shopping for a new home may be exciting, you should also spend time investigating the value of your property should you decide to sell. This is a sensible step before you take the next leap of faith and put your current home on the market.
You have weighed the pros and cons
Before making any decision, it is always wise to make sure that you have carefully weighed all aspects you need to consider. Research and understand the advantages and disadvantages of selling or buying first. You should also be clear with your financing options. Otherwise, you might end up with a very costly mistake. Carefully think things through and consider all your options.
Your current home is costing you too much
Being a homeowner entails a great deal of responsibility. You have to take care of regular upkeep and maintenance of your home. In time, these things add up. Replacing roofs, re-wiring, installing new kitchen cabinets, and re-tiling bathrooms can be costly when they fall due. If you do not have plans of staying in your home much longer, it might be better to leave major upgrades and cosmetic improvements to the new owner, especially if the effort and cost are too much for you.
Check out www.HomeValuesPleasanton.com today for more home selling ideas and for a free market evaluation of your home in Birdland.
If you are looking for a Pleasanton luxury REALTOR® who can help you sell or buy your dream luxury home, call me, Rhonda Fee, at 925-200-0827. You can also text 925-660-7110 with any of these codes: seller411, buyer411 or homesearch. With my extensive experience and knowledge of the Pleasanton luxury real estate market, combined with a track record of satisfied clients, your next transaction will be the best move you’ve ever made!