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If you’re unsure about whether now is the right time to sell your home, you’re not alone. To help you decide, we’ve put together a few key questions to ask yourself. These questions can guide you in determining if selling your Central Texas home is the right move.
What is the property doing for you?
Your house should serve one of these purposes:
- It’s your primary residence, meeting all your family’s needs.
- It’s a rental property for high-quality tenants, providing steady income with minimal expenses.
- It’s a recreational property, such as a vacation home or a weekend getaway.
If your home isn’t fulfilling any of these roles, it might be time to reconsider.
Is there another property that would better meet your needs financially?
In investing terms, this is known as “Opportunity Cost.” It’s about figuring out what you might be missing out on because your money is tied up in a current property. Check out other opportunities—could there be a better investment for your money?
Do you have “too much house?”
People usually buy homes based on their current needs. For example, if you have a lot of kids, you might need a five-bedroom house. But over time, your needs might change, and a smaller home could be more practical. Maintaining a large house can be stressful and overwhelming, so consider whether a less high-maintenance home might better suit your current lifestyle.
Or do you feel cramped?
On the other hand, as families grow and accumulate more belongings, they often need more space. Think about how having a little extra room could benefit you and your family!
Is this really the house you want to be in forever?
You don’t have to stay in the same home forever. One of the great things about real estate is the flexibility to move whenever you want. Consider your future a few years from now—can you see yourself in the same place, or do you imagine living somewhere else?
Does the house need repairs?
If your house is old and needs repairs you don’t want to handle, it can be both costly and stressful. Instead, consider working with a reputable direct buyer like LJE Property Solutions Buys Houses. We’ll buy your Central Texas house as-is and take care of all the repairs for you.
Do you have equity in the home?
If selling your house would let you pay off your mortgage and have extra money for a down payment on a new home, it might be a good option for you. Getting at least 20% down for your new house is even better! To find out the current value of your home, give us a call for a CMA (Comparative Market Analysis) at 512-230-3469.
What is owning your Central Texas house costing you?
How much are you spending each month to own your home? The costs of homeownership go beyond just the mortgage payment. You also need to consider other expenses like taxes, insurance, and maintenance.
If you’ve been thinking about selling, it probably means now is the right time for you! There isn’t a one-size-fits-all answer. Explore your options and choose what works best for you. Our team is here to help with any questions you may have!
Interested in selling your house in Central Texas? We can help! Send us a message or give us a call today! 512-230-3469
Frequently Asked Question
Maybe you have a few questions. That’s okay; most people do. So, are some questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
Q: Do you pay fair prices for properties?
A: Yes, we pay fair market value for the condition of the property. Don’t forget, you wont be paying any real estate fees or have to do any repairs. The large expense for both of those items falls on us. No time or effort or expense is required on your part of fix up the property or pay agent fees. We have to make sound investments to be able to put out a large amount and still be able to make a profit in the end. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)