Considering making a move? You might be eyeing new homes, but one important factor in the ultimate “should I stay or should I go” decision is whether it is a good time to sell your current Southeast Michigan property.
There are many different factors to consider. Can you find a good real estate agent? Is the local market advantageous for sellers right now? Can you afford the costs of selling a home, from prepping it for potential buyers to closing costs? Has your home become more than you can handle (too many stairs, too many repairs, too much to clean)?
The stars rarely align on all these things at once, so figuring out the timing can be tricky.
But at Mitten Made Properties, we’ve helped a lot of people sell their homes fast for cash in Metro Detroit, and we’ve put together a list of signs that typically mean it’s a good time to sell your house.
The Market Is Hot
If the market is in a great place and it’s possible to sell for more than what you paid to purchase your property, it might not be a bad idea to sell and pocket the extra money or invest it into a new home. (For Southeast Michigan real estate market updates by county, check out our YouTube channel.) The decision to sell a home isn’t purely financial for a lot of people, but this is certainly something to consider, especially if you have a lot of equity.
Life happens, and sometimes that means you need to move elsewhere. Maybe it’s a job change, a family member’s health, financial problems, or something else. If you have to move, then you’ll probably want to sell your home – unless you’re up for the challenge of renting out the property and managing it from afar.
You’ve Outgrown the Home
Does the size of your home still match the size of your family? Maybe your family is growing (congrats!) and you need more bedrooms – or maybe your kids have headed off to college and it’s time to downsize. Whether you need to go bigger or smaller, it’s important for your home to fit your family’s needs, and this is a good reason to sell.
Once you’ve made the decision to move, Mitten Made Properties can help you sell your house as-is in as little as two weeks – no realtors, no repairs, no cleanup, and no closing costs! Give us a call at (248) 883-3340 to learn more. We’d love to explain our process to you and make you a fair cash offer!