Should I Sell My Home this Year? Why Now is a Great Time to Sell

Homeowners looking to sell their homes in this market are in a favorable position. Even with interest rates and inventory creeping up, we’re still in a seller’s market where most sellers can command high prices and receive multiple offers on their homes. However, it’s uncertain if this trend will continue and whether or not we’re currently at the peak of the seller’s market. 

This article discusses how to know when to sell your home and why using Capable Home Buyers is the best way to get cash for your home in the Chesapeake area. 

When it’s time to sell your home

The hardest part of selling your home is knowing when it’s time to sell. If you’ve never sold a home before, you’re probably unaware of the signs that point to being a good time to sell. Below are the following instances that indicate now is a good time to sell:

  • When inventory is low. In 2021, we saw record-low levels of housing inventory which contributed to elevated listing prices and inflated home values. Low inventory is a clear sign that now is a good time to sell since sellers can usually get more for their homes without as many contingencies.
  • If your property has appreciated. Many homeowners find themselves sitting on an asset that’s appreciated significantly over the past several years. Those that want to take advantage of the property appreciation should look to sell their homes this year.
  • If you’re ready to move. Whether you’re a new family who just welcomed a child into their lives or a young professional moving to a new city after college, sometimes you need to sell your house fast. Using Capable Home Buyers is the best way to sell your home fast and for top dollar.

Questions to ask before selling your home

Selling your home fast in the Chesapeake area isn’t a difficult process if you work with professionals who are capable of getting results. The hardest part of the process is finding a reputable home buyer to buy your house for cash without much prior notice. 

Below are some additional questions you should ask yourself before selling your home to make sure it’s the right time to do so.

How much equity have I built in the home?

Having enough equity in your home is important before you decide to sell. Some sellers use the equity in their home for a down payment on their next residence or to cover their expenses from listing their home and moving.

How long will it take to sell my home?

Traditional methods of selling your home with a real estate agent, fielding offers, and compromising on contingencies aren’t necessary for someone who wants to sell their home fast and for cash. That’s why working with Capable Home Buyers is the best option for people that want to sell their homes without going through the traditional real estate process. We can help stop foreclosure and sell a house in probate as well.

Learn more about the Capable Home Buyers process by visiting our website or giving us a call at 757-699-1201.

Emanuel Stafilidis

Emanuel opened Capable Home Buyers in 2019 just after moving to the USA from Australia with his wife Angela. The goal of Capable Home Buyers was to grow a small residential real estate portfolio to assist with retirement. Things are progressing very well and the business has grown larger then expected and is now a full time operation. Emanuel works full time from his Chesapeake home office and spends a lot of his time visiting people who want to sell their house.

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