If you are selling your home, you surely want to get the highest selling price you can. It is important to know the best time to sell. While each situation is different, getting the best price for your property always depends on matching a good selling situation with the right market conditions. Kay Carlson Realtor – Remax Mountain Properties discusses the best time to sell your Prescott home.
Here are some signals that will tell you the time is right for selling:
- You can afford to move out of your home. When you sell and move, there are going to be costs involved. Moving expenses can very easily exceed $1,500.00. If you plan to buy your next home and apply for a mortgage, you’ll also need to have enough cash after you sell the house to not only move, but to make a down payment, too.
- You have enough equity in your home. Your equity is the value of your home minus any attached loans. For example, if your property is worth $250,000, and the mortgage balance is $150,000, you’d have $100,000 in equity. If the proceeds from the sale of your home would be enough to pay off your mortgage and selling costs, it may be a great time to put your home on the market. If not, it may be better for you to wait until the equity in your home increases.
- You are confident there are potential home buyers. List your home when buyers in your area are looking for homes. Ensuring that there are potential buyers is what makes Kay Carlson Realtor of Remax Mountain Properties stand apart from the rest. Kay will actively market your home.
Kay Carlson Realtor – Remax Mountain Properties hopes these suggestions about determining the best time to sell your Prescott home are helpful to you. Kay Carlson has a wealth of experience, and can help you with all aspects of selling your property quickly and for a great price. Whether you are thinking of selling your current home, or interested in buying a second home or investment property, call Prescott Realtor Kay Carlson today at 928-778-1010.