So you are thinking about selling a home? The truth is that most home owner move every 5-8 years.
Here are the top reasons why people sell and move:
- Home is too small. Home owners often outgrow their first home. Increased family size is the main reason home owners say they need a larger home.
- Upgrade. People often seek new and energy efficient homes. Or they simply want what they don’t have and long for a bigger, more expensive and grander, upscale home.
- Fix. Owners might believe they made a mistake in purchasing their present home. Maybe they thought they could get by without a back yard but now want a garden or a pool. At times the small things that bothered you from the beginning, become a bigger issue later.
- Job transfer. Relocation makes it necessary for many to pull up roots and move. If the commuting distance exceeds an hour, most people would prefer not to spend two hours in traffic every day.
- Bring on the new. Sometimes you just need a change
- Personal Relationships. Marriage can mean one of the parties will need to sell, especially if both owned homes prior to the commitment. On the other hand, break-ups/divorce cause owners to sell as well. Death in the family will also cause financial issues that might cause the family to sell.
- Neighborhood changes. The neighborhood might have changed for the worse, economically, socially or physically.
- Neighbors. Unfortunately you won’t always click with people and sometimes these are your neighbors.
- Health problems. Physical ailments in aging might make it difficult to climb stairs in a two-story, so a one-story home may be more practical. At times home owner will need to transition to an assistance living facility.
- Climate. Sometimes seller simply seek warmer or cooler temperatures.
- Empty nest. The kids have grown up and moved out. The owners want a smaller home. The older you get, the harder it is to keep a big house clean.
- Deferred maintenance. Some people don’t want to put on a new roof, replace the siding or buy a new furnace, so it’s easier to buy a newer home.
- Closer or further from family. Home owner at times would like to spent more or less time with family members.
- Schools. Changed in school can cause home owner to move. Maybe they’d like to be zone to a particular school or they no longer feel safe in their current school zoning?
- Retirement. Active-adult communities are attracting many buyers over the age of 55. These planned communities have golf courses, club houses, workout facilities, week-end social gatherings, back-yard barbecue parties and more, all designed for people over 55.
- Home improvement perfection. A small segment enjoys fixing up and selling, spending time, money and effort on remodeling, and once the work is completed, these people become restless because there is nothing left to do.
- Cash in equity. Some home owners can’t stand the fact their home is worth all that money because that money is not in their pocket.
- Lifestyle change. Others are simply tired of owning a home and would prefer to travel, pursue a hobby or be less responsible. The goal is to sell the home and travel the world.
- Cost of running a house. Changes in job or position can cause financial strain and the home is no longer affordable.
- Moving to study. Academic goal will sometime force a seller to sell sooner than expected. Proximity to the school might be a consideration.
What ever the reason, we are here to help when you are ready.
