Maybe you’ve been on the fence about selling your house. You are wondering if it’s the right time. We have put together a few questions to ask yourself to help you determine if it’s time to sell your Portland home!
What is your property doing for you?
Your house should be doing one of these things:
- It is your primary residence and should fit all of your family’s needs.
- It is a house you rent to high-quality tenants. It provides a consistent income with low overhead costs.
- You use the property for recreation. Maybe is a place for vacations or a weekend home.
If your home is vacant or costing you in repairs or tenant turnover, it may be time to sell!
Is there another property that would better meet your financial needs?
In the world of investing, this is called an “Opportunity Cost.” You may be missing out on that perfect property because your money is tied up in a different one. Take a look at what’s out there. Is there a better place you could be investing your money? It may be time to sell.
It may be the right time to sell if your existing home is just “too much house” for you
People buy their homes for what they need at the present moment. If you have a house full of kids, you might require a 5 bedroom home. However, down the road, you might not need so much space. Maybe you are suddenly “rattling” around in a too large home because your kids have left the nest. Keeping up with a home that is too large can be stressful! You don’t need to live in a house that is too high-maintenance.
Do you feel cramped?
Over time, the spaces that were perfect when first moving into a house start feeling cramped as the family changes. The family grows, more stuff is accumulated, or interests change. In that case, maybe it night be nice to have a playroom for the kids. Perhaps you’re tired of cooking all alone, when you could have a room off the kitchen where everyone could gather near you. A sewing room would be helpful to house that sewing machine, serger, and those yards of fabric that are lying around. And what about those musical instruments? A music room would be perfect. As families grow and obtain more things, they inevitably require more space. Imagine what having a larger home could mean for you and your family!
Is this really the house you want to be in forever?
There is no rule that states you need to stay in the same home forever. People move all the time and you can too. Think about your future. In a few years, will you need an extra bedroom or two? What about those stairs? Can you picture yourself climbing those stairs umpteen times a day – every day? Your commute can often determine where you should live. Maybe you’ve always envisioned owning that Great Dane but your present home just can’t accommodate that dream. You can determine where your future home will be. Do you want it to be in the same old place, or somewhere different with a shorter drive to work and more room to enjoy life? It may be time to sell your house and get on with your life.
Does the house need repairs?
Maybe the house is old and is in need of repairs you simply don’t want to make or can’t afford. Making repairs on a house you don’t really want can not only be expensive, but overwhelming and burdensome too. Instead, you can work with a reputable direct buyer like AppleTree Group LLC, who will buy your Portland house as-is. Many people feel they’re stuck with a house because of the shape it’s in. This is just not true. We will take care of everything, including the property’s repairs. You can walk away with money in your pocket and be completely stress-free! Maybe it’s time to sell your house.
If you have equity in your home, this may be the perfect time to sell your house.
If you have enough equity to sell your house, pay off the mortgage and still have some money left over for a down payment on a new house, this may be a strong indication that it’s time to sell your house! This may be the perfect way to buy that house you’ve had your eye on. Maybe you’ve been wishing for better schools, a quieter neighborhood, less upkeep – you name it. This may be the perfect opportunity for you to go after your dream. If you would like to know more about the current value of your home, call us for a CMA (comparative market analysis) on your property! (971) 246-7954
What is owning your Portland house costing you?
How much are you spending each and every month to own the house? The costs of home ownership go well beyond a mortgage payment. You will need to consider other ways you are spending money on the house such as taxes, insurance, and maintenance.
If you have been thinking about selling, it likely means that it is the right time to think about your options! There isn’t “one fits all” answer for everyone! Everybody has their own unique situation. Selling your house is only one option. Our team is ready to help show you the many available alternatives and help you make the decision that works best for you. We are ready to help answer any questions you may have!
This may be the perfect time to sell your house.
If you are finding that you have better things to do with your time – and they don’t include keeping up a house and yard, this may be the perfect time to sell your house. On the flip side, you may have outgrown your current house and need a place to store your boat, RV, and your many other toys. It could be that your family is simply growing and that perfect house a few years ago, is just not big enough now. It may be that you have acquired a house that requires way too much money and effort to get it into shape. Maybe it is full of junk and is just too overwhelming to even think about. No matter what your story, AppleTree Group LLC can help you decide if it’s time to sell your house!