Perhaps you have outgrown your current home, or perhaps now that your children are grown up and out on their own, it’s entirely too big for your needs. Depending upon what stage of life they’re in, many homeowners find themselves playing the Goldilocks and the Three Bears game of “too big, too small, just right.” Even though the time may feel right for a change, the market may have other ideas for the moment. It’s important to pay attention to those indicators. Before you convince yourself that a particular property is “just right” for you, it’s important to consider the following factors:
Can I Get My Money Back?
When you’re buying a home to raise a family in, you may not be thinking about resale value; however, most homeowners eventually consider reselling. Look at local homes for sale and determine if you’re comfortable selling your property at those prices. You may want to wait it out until the market improves in your area.
Am I Up for a Move?
You’ve stayed in your home all these years for a reason. Aside from the often nightmarish logistics involved in the moving process, you should also determine if you’re ready for a new adventure. Think long and hard about whether you’d actually be happy somewhere else, where that “somewhere else” would be and whether it’s feasible for you to live there.
At the end of the day, there comes a time when almost everyone has to move on. If you do, in fact, decide you’re ready to sell your home, be sure to enlist the services of an experienced attorney who can help make sure you’re treated fairly during the negotiation and transaction process.
Make sure you’re getting the help you need. Joel R. Spivack, Esq. has been providing sound real estate legal advice to buyers and sellers in Camden County, NJ for more than 25 years. Contact him today for a smooth real estate transaction tomorrow.