Follow Neal Twitter Facebook
Email Neal Email
Residential Real Estate
Mar 15, 2018

Five Signs It's Time to Sell Your Home

Sponsored Content provided by Neal Johnson - Licensed Real Estate Broker , Network Real Estate

Have you outgrown your home? Or has your home outgrown you and your household?

Fewer and fewer families expect to stay in their first or second home for the long haul.

Here are some factors to determine if you're financially and emotionally ready to sell your house:

  • Growing or shrinking household - Are you about to welcome a new baby or take in aging parents? Maybe you're sending your youngest off to college. In any event, if your living space has become too cramped or grown beyond your needs, it may be time to make a move. 
  • Plenty of home equity - Subtract the value of your home from the amount you have left on your loan. What's left over is the equity, or the amount you'll have post-sale. After you sell your home, you'll be a buyer again, so having some funds to put down is key. 
  • Interest from potential buyers - You'll want to list when you know buyers are looking. Some experts say late spring is the ideal time to sell, but peak seasons vary by region. Milder weather can increase buyer interest, but that also means more competition from other sellers. 
  • Changing circumstances - Location matters. Whether your neighborhood dynamics are changing, you're unhappy with the schools in your area or a new job significantly increases your commute, your community needs to fit your lifestyle. 
  • Home improvements - Renovations may be a wise investment, but it's best to avoid listing your home in the middle of a project. If you plan to sell your home as-is, completing some minor home updates, such as new paint and fixtures, can be a huge selling point. 
Moving is a big decision, one that requires careful consideration. If your needs have changed since you bought your home, don’t hesitate to get in touch with one of our Network Real Estate agents today.

Neal Johnson is a CMCA, CRB, CNE and GRI-certified, licensed real estate broker at Network Real Estate, which has exclusively served a high volume of property sales and purchases in the greater Wilmington area for more than 30 years. With three offices at College Road, historic downtown Wilmington and Pleasure Island, Network’s brokers are widespread and well-versed in this marketplace, making Network a preferred real estate company for first-time homebuyers and beyond.

Other Posts from Neal Johnson

20489 networkrealestate insightsad final 121814105759
Ico insights

INSIGHTS

SPONSORS' CONTENT
Mike stonestreet 300x300

Want To Be An Amazing Neighbor? Five Ways To Start (And Some Things To Avoid)

Mike Stonestreet - CAMS (Community Association Management Services)
Dallas headshot 300x300

Find Your Best Path To The Future

Dallas Romanowski - Cornerstone Business Advisors
Jasonpathfinder3

Understanding Stock Compensation Plans | Part I: Restricted Stock Units

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

Trask Land Plans Two Communities On More Than 500 Acres

Cece Nunn - Sep 17, 2020

Judge Rules Wilmington Vacation Rental Code Illegal

Cece Nunn - Sep 16, 2020

Pier 33 To Offer First Phase Of Apartments In October

Jenny Callison - Sep 15, 2020

Landon Zimmer Reappointed To State Transportation Board

Christina Haley O'Neal - Sep 15, 2020

WDI Names New MSD Operations Manager

Christina Haley O'Neal - Sep 15, 2020

In The Current Issue

NHRMC Moves To Limited Visitation

On Aug. 25, New Hanover Re­gional Medical Center eased some of its visitor restrictions that have been in place since March when the COVID-1...


Practice Launches In-office Cataract Surgery

Surgical Eye Care recently expanded its services to offer of­fice-based cataract surgery....


Delaney Partners Up On Health Outreach

Delaney Radiology recently announced that is partnering with the educational initiative What’s Normal? What’s Not? to provide free breast he...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`