Should I sell my home right now?

If you are thinking about moving into a larger home for your family- then it could be a big yes-now is the time!

Why wouldn't you take advantage of purchasing a larger home at the current pricing with incredible interest rates?

Then I hear it-"But I will lose money on my current home in this market too"

Yes, you might not make as much as you would like on the current home. Many sellers are even bringing money to the table to get it done-all of that is true.

Let's take a minute to look at the big picture though.

Let's say your current home is in great shape-it is just too small for your family. You need to move to be comfortable into a larger home. You bought your home for 200k in 2005 and it is now worth 190k or less due to the drop in our market. The right buyer comes along and gives you 185k for your home so there is a 15k "loss" plus marketing fees and closing costs.

Most homeowners would think "Why would I want to do that?" sounds crazy so far doesn't it? "I think I will just stay put until the market changes." You will be there awhile!

Well let's think about this?

What if the larger homes you find yourself wishing for are currently priced 20-30% or more less than their value in a normal market? You are probly planning on staying the larger home for quite a few years. If you think about it in the long term, didn't we just make a profit?

You might notice the BOLD print on your current home being in great shape-it qualifies for an FHA buyer-that is what we are selling in this market. More on FHA Qualified home in my next post!

It is a great time to buy! Don't miss it!