Sunday, October 20, 2019 / by Shayla Morford
When is the Best Time for me to Sell my Home?
As a local Eastern Washington Real Estate Expert, I often get the question "When is the best time to sell my home?"
My first response is "Would you like to hear the cookie cutter answer most Realtors give or would you mind a personalized response, if I can ask you a few scenarios?"
The general consensus is the real estate market place is the best time to sell is Spring. Buyers are shaking off those winter cobwebs, getting tax returns to use for down payments and making plans for the upcoming popular summer break. Its perfect, right?
Just as unique as your home is, so are your needs to sell, depending on the chapter of life you are at. It could be a newly accepted career on the other side of the Country which may have you packing quickly. What if your local market has a boom in economical stimulus, such as the new Amazon Warehouse coming to the West Plains area of Spokane? If you were on the fence before, this could be your deciding factor.
Beyond local influences-Governmental rates, incentives and programs come and go. When I purchased my home in 2012 my lender (who is still a leader in the Mortgage industry and your best resource) Christy King, found a program for me which matched my down payment dollar for dollar (Up to $5,000). Yes Please!
Changing loan rates affect sellers when they do sell if they plan to buy also; however, it also changes the number and qualifications of buyers driven to your door looking to buy.
Don't get me wrong, Spring is a wonderful time to sell, yet it should not be the only deciding factor which you consider when you decide to sell.
Call me today to find out about further pro's and con's that I can recommend for you and your situation as a home owner.
My first response is "Would you like to hear the cookie cutter answer most Realtors give or would you mind a personalized response, if I can ask you a few scenarios?"
The general consensus is the real estate market place is the best time to sell is Spring. Buyers are shaking off those winter cobwebs, getting tax returns to use for down payments and making plans for the upcoming popular summer break. Its perfect, right?
Just as unique as your home is, so are your needs to sell, depending on the chapter of life you are at. It could be a newly accepted career on the other side of the Country which may have you packing quickly. What if your local market has a boom in economical stimulus, such as the new Amazon Warehouse coming to the West Plains area of Spokane? If you were on the fence before, this could be your deciding factor.
Beyond local influences-Governmental rates, incentives and programs come and go. When I purchased my home in 2012 my lender (who is still a leader in the Mortgage industry and your best resource) Christy King, found a program for me which matched my down payment dollar for dollar (Up to $5,000). Yes Please!
Changing loan rates affect sellers when they do sell if they plan to buy also; however, it also changes the number and qualifications of buyers driven to your door looking to buy.
Don't get me wrong, Spring is a wonderful time to sell, yet it should not be the only deciding factor which you consider when you decide to sell.
Call me today to find out about further pro's and con's that I can recommend for you and your situation as a home owner.
