Today, the average home in the United States has increased by 32.6%. While in certain cities, it has increased by 43%.
All of this might have you excited to finally sell your home, but is it really the right time? Selling your home can be a process, even in the best of markets.
While it can be tough, there’s hope. Read on to explore this guide on the important questions to ask before you sell your home today.
1. Can I Afford the Home Selling Process?
While you might be tempted to click here and sell your house right now, make sure that it makes financial sense for you. Where will you go once your home sells?
While selling your home might seem exciting, you’ll need to worry about the buyer’s agent, commissions for listing the property, and professional photography. You might also need to hire a professional landscaper to help with the curb appeal of your home.
Staging is another popular part of the selling process that many are using now. This will help potential buyers really see themselves living in the home. Homes that are staged can also sell faster than homes that aren’t.
Closing costs are another factor as well. You’ll need to factor in a percentage of your home that’ll go toward closing costs.
2. Should I Bother With a Home Inspector?
Some sellers will actually hire a home inspector as a pre-inspection. Many real estate agents will actually recommend you to do this as well.
One benefit of this is that you can fix any problems in advance that they find. Keep in mind that it can be costly at a few hundred dollars just for the inspection, not including repairs.
3. What Time of the Year Should I Sell My House?
While you can sell your home any time of the year, the real estate market is stronger at certain parts of the year. Summer months are hot times for buying and selling homes.
While it tends to quiet down in the winter months. Some even state that what day you list your home will determine how much you’ll receive for it.
Take a look at your area to determine if the home selling process is the right time for you. Think about how much you paid for your mortgage already and how much you have left.
4. How Much Is It Worth?
You’ll want to find the home appraisal value from an appraiser in your area. It’s a good idea to find the best home appraiser in your area and see who pops up. Home appraisers tend to base the value of your home on similar homes in the area.
Questions To Ask Before Selling Your Home
After exploring this guide, you should have a better idea of the questions to ask before selling your home. Take your time and speak with a real estate agent to get the best deal possible.
Would you like to read more informative real estate content? Be sure to check out our other articles today!
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