Should You Sell Now? The Lifestyle Factors That Could Tip the Scale

Written by Fort Pierce Mortgage Syndicated User on September 4, 2024. Posted in For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Selling Tips.

Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:As the visual shows, the biggest motivators were the desire...

How To Avoid Today’s Top Seller Mistakes

Written by Fort Pierce Mortgage Syndicated User on August 31, 2024. Posted in For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Infographics, Selling Tips.

Some HighlightsWant to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too?The biggest missteps are pricing a house too high, skipping repairs, not being objective, and not being willing to negotiate.And the best way to avoid falling into any of these traps is to partner with a real estate agent and lean on them for advice.

The Number One Mistake Sellers Are Making: Overpricing Their House

Written by Fort Pierce Mortgage Syndicated User on August 22, 2024. Posted in For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Home Prices, Selling Tips.

In today’s housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest.Data from Realtor.com shows the number of homeowners realizing this mistake and doing a price reduction is climbing (see graph below):If you’re thinking about making a move yourself, here’s what you need to know. The best way to avoid making a costly mistake is to work with a trusted real estate...

Home Inspections For Sellers: How To Prepare

Written by Fort Pierce Mortgage Syndicated User on August 10, 2024. Posted in For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Infographics, Selling Tips.

Some HighlightsIf you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.As supply grows and buyers regain negotiation power, you may find you want to do some select repairs with a good return on investment before listing to get ahead of things a buyer may ask you to fix.To decide what’s worth tackling, you need expert advice. Reach out to a local real estate agent so you know what to prioritize.

Helpful Negotiation Tactics for Today’s Housing Market

Written by Fort Pierce Mortgage Syndicated User on August 7, 2024. Posted in Agent Value, For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Selling Tips.

If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing to negotiate.Whether you’re looking to buy or sell a house, here’s a quick rundown of potential negotiations that may pop up during your transaction. That way, you’re prepared no matter which side of the deal you’re on.What Can You Negotiate?Most things in a home purchase are on the negotiation table. Here’s a...

What Every Homeowner Should Know About Their Equity

Written by Fort Pierce Mortgage Syndicated User on August 6, 2024. Posted in Equity, For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Selling Tips.

Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.Here’s a deeper look at what you need to know if you’re ready to cash in on your investment and put your equity toward your next home.Home Equity: What Is It and How Much Do You Have?Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is worth $400,000 and...

Should You Rent Out or Sell Your House?

Written by Fort Pierce Mortgage Syndicated User on August 1, 2024. Posted in For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Rent vs. Buy, Selling Tips.

Figuring out what to do with your house when you’re ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?It’s a question many homeowners face, and the answer isn’t always straightforward. Whether you’re curious about the potential income from renting or worried about the responsibilities of being a landlord, there’s a lot to consider.Let’s walk through some key questions to ask to help you make the best decision for your situation.Is Your House a Good Fit for Renting?Even if...

The Biggest Mistakes Sellers Are Making Right Now

Written by Fort Pierce Mortgage Syndicated User on July 31, 2024. Posted in For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Selling Tips.

The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing.And if you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you can’t adjust your strategy or expectations to today’s market. And that can lead to a number of costly mistakes.Here’s a look at some of the most common ones – and how an agent will help you avoid them when you sell. 1. Overpricing Your HouseMany sellers set their asking price too high and that’s why there’s an...

Why Fixing Up Your House Can Help It Sell Faster

Written by Fort Pierce Mortgage Syndicated User on July 18, 2024. Posted in Agent Value, For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Selling Tips.

If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains:“Buyers are still out there and they’re willing to pay today’s high prices, but only if the house is in really good shape. They don’t want to spend extra money on paint or new appliances.”It makes sense when you think about it. They’re having to pay a lot of money for a house in today’s market. That means they may not be able to easily afford upgrades after they move in. So, if...

Why Moving to a Smaller Home After Retirement Makes Life Easier

Written by Fort Pierce Mortgage Syndicated User on July 12, 2024. Posted in Downsize, Equity, For Sellers, Fort Pierce Condo Financing, Fort Pierce Mortgage, Fort Pierce Mortgage Rates, Selling Tips.

Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it’s important to think about whether your current home still fits your needs. If it’s too big, too costly, or just not convenient anymore, downsizing might help you make the most of your retirement years. To find out if a smaller, more manageable home might be the perfect fit for your new lifestyle, ask yourself these questions:Do the original reasons I bought my current house still stand, or have my needs changed since then?Do I really need and...

Category: Selling Tips