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
Untitleddesign7

Common Mistakes HOA Boards Should Avoid

Dave Orr - Community Association Management Services
Chris coudriet

A Look Ahead at New, Continued Initiatives for New Hanover County in The Next Year

Chris Coudriet - New Hanover County Government
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT

Trending News

OPINION: The Case Against A 135-foot Cape Fear Memorial Bridge

Isabelle Shepherd - Jul 15, 2024

Payne Named Director Of Development At Hill School

Staff Reports - Jul 16, 2024

College Road Shopping Center Sells For $8.5M

Cece Nunn - Jul 16, 2024

Jones Tapped As WARM NC's CEO

Staff Reports - Jul 16, 2024

Once Slated For Apartments, Site Off Market Street Could Get 60 Townhomes

Emma Dill - Jul 15, 2024

In The Current Issue

On BHI: Croquet, Anyone?

The Bald Head Island Croquet Club has produced its fair share of hard-hitting croquet crusaders, with past club members Bill and Billie Jean...


Nonprofit Groups, Governments Aim To Preserve Area Trees

“If you speak to individuals, no one is against trees,” said Dan Camacho, the new executive director of the nonprofit The Alliance for Cape...


Manufacturer Sees Need For Speed

Within five years, Protocase aims to establish a manufacturing facility that could employ around 400 people....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season