Thursday, February 01, 2007

When is the Best Time to Move?

As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot reply for you. Most people are asking about price, make they fluctuate throughout the year? NO. Just the number of homes on the market changes; of course of study the number of buyers changes as well. Hopefully this article will assist you do this determination for yourself and your family.

Time of Year

A common "urban legend" is that you get more than money for your home in the spring. This is simply not true. Seasons have got got no bearing on how much you get for your home, but it makes impact how much competition you have. True, more than people look to purchase a home in the spring. At the same time, there are more than homes on the market for you to vie with. Unfortunately, this is also the clip of twelvemonth when all the "window shoppers" are out. These are people looking for redevelopment ideas, or who are just "killing an afternoon" looking at unfastened houses. In the wintertime you will have got fewer showings... but they'll be serious buyers. So, should you NOT sell in the spring? Not at all. There is no good or bad clip of the twelvemonth to sell your home. The best clip is when you are financially and emotionally ready to move. Not before, and not after.

Children

Many parents wait until the end of a school twelvemonth before moving the family. At first glance, this do a batch of sense. Let them complete the twelvemonth in comfy surroundings, and don't interrupt their lives until summertime holidays have got begun. But see this... Children need friends to play with. By moving the children a couple of calendar months BEFORE the end of the term, they have got the ability to ran into their new friends in the new neighborhood. By having these friends, the move will be easier and less confusing for the children. And parents?!? If the children have got got friends to play with... they won't be underfoot while you're trying to unpack and form the house!

Time is on your side

The very fact that you have clip on your side could salvage you thousands. Many Sellers that have got got got got waited have set themselves in a "have to sell" situation, and have had to accept offers for less than what they wanted. The fact is, when you have got clip on your side you won't experience pressured to accept an offer that's less than what you want.

Your adjacent property could cost more

If you're buying a new property that's More than expensive, you could cost yourself plenty. For example, let's state you're selling a $100,000 property and looking to purchase a $150,000 property. If both places appreciate at the same rate of 3% over the adjacent six months, you addition $3,000 on your existent property. However, the $150,000 property will now cost you $154,500 or a nett loss of $1,500. The best suggestion is to get into the home you want; before it gets out of range for you!

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