Selling your house can be one of the most difficult decisions youu2019ll ever make.u00a0 A home comes to mean much more to its owner than just four walls and a roof: for many, it represents comfort, safety and family, as well as a substantial investment.u00a0 Letting go of a piece of property can feel like an act of betrayal, like abandoning a loved one during tough times instead of working things out.u00a0 No matter how much it hurts, walking away can sometimes be the only decision that makes sense.
Downsizing
This can have several meanings.u00a0 If funds are tight and spending needs to be reduced, a less expensive house can make all the difference.u00a0 The number many use as their cutoff point is 60%, as in they know itu2019s time to unload their home when mortgage payments eat up over 60% of their monthly paycheck.u00a0 Sometimes the decision to downsize isnu2019t made out of necessity, but for the sake of convenience.u00a0 If your family becomes smaller (when a child leaves for college, for example) it may be time to look for a home with fewer bedrooms and less overall space.
More trouble than it’s worth
If youu2019ve ever owned an old car, youu2019ve probably had the following conversation at least once:
u201cYou should really get those brakes fixed.u201d
u201cNo way, that repair would probably cost more than the whole car is worth at this point.u201d
This probably wonu2019t literally be the case for your home, but a house that constantly needs repairs can be an incredible waste of time and money.u00a0 If your u201cthings to fixu201d list keeps growing and youu2019re racking up serious expenses, consider scaling down to a more affordable renovated home, one whose issues have already been identified and corrected.
If you can relate to any of these circumstances and decide that selling your home is the right move, check out our website at www.expresshomebuyers.com, weu2019re happy to discuss your situation and assist you by either buying or helping you sell your home.