Signs That You Should Sell Your House
There comes a time in your life when you need a change, but when that time is only you know. Everyone is different, you need to look at the situation you are in in your life at that moment in time. Do you even need to move or are you forced to move? For whatever reason. Your motives could be to improve your financial situation or to move closer to family and friends or you want to move just because you want to. We will explore some of the reasoning behind why some people may want to sell their homes.
Large family
When you first moved into the area it was probably just you, your pregnant wife, and a small child. So the house was perfect, a nice quiet neighborhood close to schools and a playground for your kids. It had served its purpose for that time. As we get older and our family grows and needs change we start to look at ways to improve our situation. The property that was once big enough now feels small and claustrophobic. You keep bumping into each other and you don't seem to have enough space to put your clothes in the wardrobe that you share with your husband/wife. So before the arguments get out of hand and because there's no privacy anymore, most people start to look for another home.
2. Your career needs have changed
Outside of family, another big reason why a lot of people relocate is for better employment. To improve their financial situation. This could be your big break. You’ve been steadily working up the career ladder and now you have been given the opportunity to lead the company to higher grounds, but the position is 100+ miles away from where you live. But it means that you can give your family the life they deserve and move into a greener, suburban area.
3. Your needs are not the same anymore
When you first move into an area you don’t really know anyone and don’t have many visitors. As time goes on you start to make friends and people start to come over to your house for some drinks, meals, games, BBQ, etc. Sometimes the husband just wants to spend some time indoors with his friends without the wife, so, does the wife spend the next two to four hours in her bedroom or the second reception room on her own? Or vice versa if the wife has her friends around where does the husband go? When you start to think or stress about how you will spend the time when your spouse has their friends over then it may be time to start looking for another place.
4. Your location no longer suits your needs
Maybe your children are a little older now and want to attend college or you want to move to a more affluent area or want to move closer to your own family because your parents are getting old and they need you to be there for them. It could be that the current area is now too noisy for you whereas once before it was perfect.
5. Your neighborhood properties are selling for a good price
You bought your house many years ago and have completed some works on it but now it's getting a little outdated, however, the properties on your road have been selling for more than twice the amount you originally paid for your house. Now could be a great time to consider moving. You can pay back any mortgage that is left, if any, and still make a good return which you could put towards another property and maybe invest the rest.
6. You're financially ready to move
Being financially ready means you will not be left worse off if you sell your property. Whether you do any work on your home or not you will be able to sell and be in a better position to move. You don't have any negative equity or need a lot of major work done to the property that will reduce its value considerably, leaving you out of pocket. Other things to consider would be the mortgage repayments in your new property along with council tax and water rates, these go up the more affluent the area. If you are able to comfortably manage these costs then that is a good sign to move.
7. You are ready
It doesn't matter what the market is doing or what everybody else is doing, the most important thing to consider is are you ready to move on. You may have built a lot of good, strong relationships in your area, you may feel safe walking around at night and there's always someone there to check up on you if they haven't seen you for a while. All these things play a part before you decide to move. If you feel it's the right time then that is when the time is right.
If you are thinking of selling and need help or assistance in getting the right price for your property then we are only a phone call or an email away. We are always on the lookout for property. If you don't like paying fees and commission to sell your property then have a chat with us, we always work towards mutually beneficial outcomes.