Do you need a sign that you are ready to sell your house? If you have been casually kicking around the idea of selling your home, it can be difficult to know when to make the move. Even if the market indicates that it is the right time to sell, it may not be the right time for you. Knowing if you are ready to sell your house does not need to be complicated. Here are some telltale signs that you are ready to sell your house.
The Best Signs that You are Ready to Sell Your House
Equity
Having equality in your home may be the biggest factor in knowing if you are ready to sell. Having a large amount of equity in your home will allow you to walk away from the closing with more money available to you. Although it can be tempting to check sites like Zillow to determine the true value of your home, that is not your best course of action. Requesting a marketing analysis from a local real estate agent or contacting an appraiser are better options for getting an accurate account of the value of your home.
You Have Good Credit Scores
Having a good credit score will help you get a better mortgage on your next home. So, it is the key to getting a mortgage with low interest rates and lower monthly payments. You can check your score with one of the three major credit reporting companies. You are entitled to one free report from each of them every year. These reports have been known to include errors, so check them carefully and report any mistakes you see. Lenders like to see scores of at least 720. So, if you are at that point, you are good to go. If you are lower than that, start taking steps to bring your score up.
Your Home no Longer Feels Big Enough
If you are at a stage in your life when your family is expanding, your current home can quickly become too small for your needs. Obviously, the size of your house is not changing, but the size requirements of your family is. If your house is too cluttered or you simply cannot find enough space for everything your family needs, it may be an indication that it is time to sell your house and buy something bigger.
You can no Longer Take Care of Your Home
Owning a house comes with lots of responsibilities. Between keeping the landscaping well manicured and the interior updated and in good repair, taking care of a home can be exhausting. At some point it is likely that you will get to the point where you can no longer take care of all the tasks that are required for keeping your house in good repair. There is also a strong possibility that you may determine that you simply do not have the time or willingness to keep up with everything. The lack of ability or desire to take care of the house the way it needs to be is a good indication that it is time to sell the house and move into something that does not require as much upkeep.
You are Ready to Make a Change
Some changes are easy, like deciding to change your hair color or style. Other changes are more difficult. Selling your house is a huge life change. But, sometimes it is exactly what is needed to embark on a new part of your life. If other aspects of your life have changed, like the kids have moved away or you have gone through the loss of a spouse, selling your house can give you new surroundings to help you move forward to the next stage of your life. If you have emotional attachments from which you want to separate or are no longer emotionally attached, a new home could be exactly what you need.
Remodeling Your House is not Worth it
Remodeling your house takes time, effort and money. So, taking on any type of renovation has to be worth what you put in. You are not going to get back your time. So, you have to be willing to sacrifice it. But, you have control over your effort and your money. If, when the renovations are complete, both you and your home are better off, then you may want to go ahead with renovations. But, if you cannot see a benefit in remodeling your home to get the space you need, you may be ready to sell your house.
If you are ready to sell your Indianapolis area house for one of these, or for any reason, Ben Buys Indy Houses is the answer you have been looking for. We will give you a fair offer for your house and pay you cash for it. The entire process will be complete within 30 days. Contact us today to see how we can help you.
