For them and everyone else, the decision about whether to sell the house falls into one of two categories: those triggered by economic pressures -- or all the other reasons. In all cases, being in control of the timing of your house sale will put you in control of the process … a process that pays off!
Even if the money factor doesn’t rule, it’s vital to first do some hard-nosed dollars-and-cents calculations before putting your house on the market. Find out what a realistic listing price range will be. My expertise and skill as an experienced real estate professional can be a major asset in establishing this: you can count on a complimentary consultation that will offer you comparable current values for Long Beach and Lakewood home sales.
Then consider current rental rates for a house like yours. Sometimes you will be surprised to find that the most beneficial course would be to rent your house for an interim period, of course taking into consideration any movement in the market prices for the Long Beach or Lakewood areas. When you are penciling out these factors, be sure to include realistic maintenance expenses and, if you are moving out of the area, property management fees. I can help with some advice here, too.
If financial pressure is the key motivating factor, make sure you have weighed the alternatives before sealing the decision to sell your house. If you haven’t done so already, find out if refinancing is an option. The first answer isn’t necessarily the final one: check with other financial sources as well as your current mortgage holder. Mortgage rates are lower than ever, and if unmanageable mortgage payments are at issue, this could be the most direct route to reducing that outflow and giving you time to sell on your own timetable.
Being methodical and patient when deciding about any house sale can make a big difference in the bottom line. I’m here to provide current information and guidance about the Long Beach and Lakewood real estate market that will help make that possible. I would be happy to sit down with you and help you discover your options, feel free to contact me anytime!
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