The best time to sell your home

The best time to sell your homeWhen Is It The Best Time To Sell Your Home?

Selling your home is not just a financial decision, but an emotional one that can negatively impact your stress levels if great care isn’t taken during the selling process. Bear in mind that it’s important to evaluate certain factors before making the final call to list your home for sale. When it comes down to it, you have to ask yourself: what is the local real estate market like? You may be ready to let go, but buyers may not be willing to pay your asking price.

When To Sell During The Year

Careful consideration must be given to when you’re looking to list your home for sale, and many studies support the idea that people will first start looking for homes in spring when the weather isn’t so bad. It’s common sense that listing your property during the warmer months of the year will yield better results than looking to unload during a snowstorm. Of course, experts do agree that taking the time to research local real estate trends does help as your locality may still have a booming market in the fall!

Zillow is a great website that you can use to search for sold listings in your city and to help draft an idea of when to list your home. Best of all, the website provides cold hard facts and you don’t have to go with your gut feeling to know whether it is or isn’t the right time to list. Don’t forget that if you live in an area with a year-round warm climate, your selling window may significantly increase.

When The Time Is Right For You

Listing your home for sale is also an emotional process and not one that can be readily analyzed by looking at Zillow data. You need to consider financially and emotionally whether or not the decision is right for your family. For example, if you need to relocate for work or your family is growing, it makes sense to sell your home as soon as possible, but in some instances, you may not even have a timeframe in mind.

Only you can personally determine how much of a connection you have to your home. If you grew up in the house or watched your children leave the nest, it may be harder to let go— and that’s okay! You can give yourself plenty of time to sort through your emotions and to rid yourself of accumulated clutter over the years.

Does the home still work for your personal needs? If you’re an empty nester, you may not need all of the space. It’s important to look at what a home has to offer in terms of potential when considering whether or not it’s the best time to sell.

Selling a home and getting rid of the past can be an emotionally draining journey. It’s doubly hard if you need to make the choice due to finances and not necessarily because you want to. At the end of the day, listing the home during the warmer months of the year and sorting through your emotions can help you gauge when you should sell.

In Sydney and ready to buy? Mortgage Broker Northern Beaches can help you to find the right loan for you.

admin / November 28, 2017 / Mortgage Brokers, Property Investment, Residential Loans

Top 10 Reasons To Use A Mortgage Broker

residential loans

Top 10 Reasons To Use A Mortgage Broker

Why do you need to use a mortgage broker when shopping for a home?

If you want to reduce the work and stress of obtaining a mortgage, save money and get a great deal, you should really consider hiring a mortgage broker. Here is a look at the top ten reasons why.

  1. Mortgage brokers are experts in their field and work on commissions that are paid by the lender. The better the deal, the more they make.
  2. When you visit a bank, you can only choose from the options they offer. Working with a mortgage broker gives you access to a whole network of lenders who will be competing to give you the best deal.
  3. A mortgage broker will work with you personally to make sure you get the deal that is best suited to your needs. You do not have to worry about having to settle for a “one size fits all” loan.
  4. Your broker works for you, not for a lender. You can feel confident that he is on your side and is always looking out for your best interests.
  5. Negotiating with a lender can be a nerve-wracking experience for most people. Brokers are used to negotiating, so they can haggle to get you a great deal.
  6. Lenders frequently offer deals and promotions that can save you a lot of money. A broker will be aware of these offers and can bring them to your attention.
  7. Working with a broker lets you pre-qualify for a loan so that you can lock in a favourable interest rate. This speeds up the process and can save you thousands of dollars.
  8. Unexpected obstacles can arise during the application process, and dealing with these can be tough. Your broker can help you avoid these obstacles or deal with them as quickly as possible.
  9. Every time you apply for a loan, your credit history is checked. Too many checks can actually lower your rating. With a broker, you only need to have your credit checked once, thereby preserving your excellent rating.
  10. Brokers are paid by the lender, not by you. You never have to worry about getting a bill from your broker, no matter how great a deal he finds you.

This has kindly been supplied by Mortgage Broker Central Coast. If you need help with a mortgage and are located on the Central Coast of NSW make sure you give them a call.

 

admin / April 13, 2016 / Residential Loans / 2 Comments