Should I Sell My House Now or Wait?

There are many reasons why a homeowner may want to sell their home. Whatever the reason, you may be wondering should I sell my house now or wait? Well, this is a complicated question that requires every homeowner to consider several factors to come up with the answer. Keep reading to find out if this is the right time to sell a house.

“Within hours after submitting my home information on their site I got a call back and an offer to my house. I ended up selling the house 2 weeks later. Thanks for taking the time to listen to my concerns and guiding me through this stressful time in my life.”

Daniel

Aurora, CO

Reasons to Sell Your House Now

If the size of your family has grown considerably over the years, you may need to sell your house to get a bigger house. Older homeowners may have grown-up kids who have already moved into their own homes, so they need to scale down their accommodation. If you have gotten a better job in another state or country, you may need to sell the house and relocate. Whatever the reason for selling, below are the key factors you’ll need to consider before deciding to sell:

 

Interest Rates

The main objective of selling a house is to sell it at the highest price possible. A high price will help you recover all the equity you’ve built up in the property over the years and make a neat profit at the same time. In order to sell at the highest price possible, you have to pay attention to the prevailing US interest rates. Ideally you should sell the house when interest rates are low because more people can access affordable mortgages. Low rates also mean that more capital will be available into the economy, and this will mean that a lot of money will be in circulation in the economy. Therefore, more people can afford to buy your house at the asking price.

“Fantastic Company, they were there to answer my many questions and they work quickly to resolve some lien issues that came up before closing. I will continue to use them in the future and also refer my friends and family to them.“

Julie

Centennial, CO

Supply of Residential Houses

Market experts and industry regulators usually publish monthly and quarterly reports on the state of the real estate housing market. These reports provide critical market data that may help you make the right decision. If a recently published report indicates that there is a low supply of family homes in your area, this should give you the thumbs-up to sell your home. This is because a shortage in supply means that your property will get off the market quickly and at the highest price possible. On the other hand, if there is an over-supply of residential units in the area, you should hold off the sale because your home will generate little interest and fetch a mediocre price.

You Have to Relocate

Everyone is always looking for greener pastures. If you have landed a job in another city or state, you’ll have to sell your home and relocate. It does not make sense to rent a house when you have to relocate for work. The question – should I sell my house now or wait? – does not apply in this situation. Ideally, you should put the property on the market immediately and exercise patience as you wait to receive the best offer.

“I honestly never thought that selling a fire damaged house would’ve been so easy, fast and stress free..”

Charles

Denver, CO

When to Wait

Selling a house now may not be a good idea in some cases. The following are a few reasons to wait:

  • You have incomplete renovations
  • There is an oversupply of similar properties in the local market
  • You cannot afford to buy another house, so you have to keep this one
  • You have not built up enough equity in the property to pay off the mortgage and closing costs after the sale

After weighing all these factors, you can easily conclude whether to sell the house immediately or wait. If selling is the best option, you can decide to sell the property on your own or hire a real estate agent to help you.

If you would like to see exactly how much we can pay for your house, just fill out the short form below.

We Buy Houses All Over Colorado

 

“EXCELLENT!! Very friendly and accommodating.”

Jennifer

Aurora, CO

“It was the easiest sale I’ve ever made. The offer was fair and I didn’t have to do anything. I’ve recommended it to a couple of friends.”
Pierre Villalobos

“I had an excellent experience, and recommend any person that needs to sell, to call them. I have no complaints. Everything I was told it was going to happened, it happened. Exact date, like I was told. Thank you!”

Peter Smith

“I wanted to take the time to thank you and your team very much for the purchase of my mother’s home. You guys kept things simple and to the point, and closed in a short period of time, which made my mother feel at ease with the whole situation. Thank you again for all your hard work and making everything come together quickly!”

Richard Williams


Want to see how much we can offer for your house?

 

We are a real estate investment company that buys, rehabs, and then sells houses at a profit. Offers are made to sellers based on fair market value and repairs needed. “NeedToSellMyHouseFastinDenver” will do everything possible to bring forth the highest possible offer to give the seller the most benefit from dealing with a fast sale.

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Need To Sell My House Fast In Denver

Ph: 303-800-6197
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9888 W Belleview Ave #5117
Denver, CO 80123