Springtime is the perfect time to buy or sell a home. Most like to consider a move around late spring as school tends to let out for summer so everyone can get their ducks in a row for a big move with minimal interruption.
You may have been thinking about buying a new home but what does it take to be truly ready? Here are a few questions to ask yourself to see if you’re really ready to take that first step.
Finances: What’s the current state of your finances? Do you have a down payment planned? Will you need to apply for a mortgage? What about selling your existing home? These are some things to think about before getting the ball rolling to move to a new home. Make sure a move financially makes sense for you and your family.
Length of time at new residence: Are you planning to make a move for a long-term investment. Studies show that living in a new home for less than five years can be counterproductive and you can actually lose money. Consider this when deciding on whether now is the time to make a big move.
Online Resources: When it comes to having your current property appraised, avoid online tools such as Zillow as these can often be off base when it comes to estimates. You’ll want to find a reputable source for appraisals so you can plan your finances more accurately.
Trust the experts: Real estate professionals are very reliable sources for the information you need to make a big decision such as buying a new home and/or selling a current home. Trust them to have your best interest at heart and to help navigate those waters.
We hope we’ve given you some helpful information when considering whether to buy or sell a home. If you’re interested in getting away to our beautiful 27 mile stretch of Bolivar Peninsular, check out our rentals. If you’re looking to relocate to the beach, which we highly recommend, visit our website to view our current listings. And don’t forget to follow us on Facebook and Instagram for the latest and greatest news from Swedes Real Estate. We hope to see you soon!