How to Know when it’s the Right Time to Sell Your Oklahoma City House!

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 the right time to sell your Oklahoma City house! 

What is the property doing for you?

Your house should be doing one of these things:

• The home is your primary residence, somewhere that meets all of you and 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 might be time to consider selling it!

Is there another property that would better meet your needs financially?

In the world of investing, they call this “Opportunity Cost.” What property are you potentially missing out on 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?

Do you have “too much house?”

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. Keeping up with a home that is too large can be stressful! You don’t need to live in a house that it too high-maintenance.

Or do you feel cramped?

On the flip side, people often grow out of there space. As families grow and acquire more things, they often require more space. Imagine what having a little extra space 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. The beauty of real estate is that you can move at any time you want. Think about your future, a few years down the road. Can you picture yourself in the same place, or do you see yourself somewhere different?

Does the house need repairs?

Maybe the house is old and is in need of repairs you simply don’t want to make. Making repairs on a house you don’t really want can not only be expensive, but stressful and burdensome too. You can choose to work with a reputable direct buyer such as Local House Buyers , who will buy your Oklahoma City house as-is. We will take care of everything, including the property’s repairs.

Do you have equity in the home?

If you are able to sell your house, pay off your mortgage, and have some left over to put down on a new house, selling might be right for you! If you are able to get at least 20% down for your new home, even better! 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! 405-395-2085

What is owning your Oklahoma City house costing you?

How much are you spending each and every month to own the house? The costs of homeownership 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.

What if..

You’re ready to sell your house

If you’ve been considering selling your home, it’s likely that something has changed in your life, and a new chapter is about to begin. This might be a very exciting time for you. Grab the moment!

Whether you’re updating or downsizing or just traveling around town, the logistics of selling your home are critical to getting the most out of your house. Below are some fantastic insider tips about how to sell your house quickly and at the best price possible.

Price it right

Everyone wants to make as much money out of their home sales as possible, but it’s important to be realistic. What you paid for your home is significantly less important than what the market dictates at the time , especially if your goal is to sell quickly. While you don’t have to underprice your home for a quick sale, you do have to price it smartly. Use a home estimation tool to get a basic idea of what range you ‘re looking at, and then work with your realtor to get a starting number that makes the most sense in terms of the market and your objectives.

Hire a professional photographer

Whether you’re hiring a local estate agent or putting your home up for sale through an online agent, a picture says a thousand words so don’t cut any corners here. Although some estate agents have their own photographers, many do not, and taking pictures is usually the responsibility of the agents themselves. This can cause gloomy or dull pictures to be placed on the market by estate agents that could put people off.

Stand out from the crowd and see your house by employing a professional photographer. For a modest price, they will ensure that your home is presented and arranged in the best way possible to attract the most potential home buyers.

Remove clutter

One of the most cost effective tips for home sales is to make your home clutter free! You want to optimize the perceived space in your house. The more clutter, the more uncomfortable things you’ll feel. Go through it all and take out all the non-essentials. And if you don’t feel like going through all of your stuff and sorting it out, you can at least put items away in areas that the buyers won’t be looking – so there’s no stuff cramming into the closets or the shed. If you need to, rent a storage room.

A cluttered home can make your home feel a lot smaller than it is. This isn’t a good thing when you’re trying to get the most out of your sale. Nowadays, consumers prefer bright open spaces unfettered by the clutter of someone’s personal property. Bear in mind that there is a large portion of the population who have no vision. Render it easier for the consumer by showing them something they can imagine. Take a look at some of the best ideas for removing the clutter when you’re selling your house.

Know your home’s selling point

This is a very important point to consider in getting your house off the market as soon as possible. For an effort to sell your house quickly, you will learn what makes your house stand out. I’m sure you’ll agree with me that every home is special in its own way. Remembering why you got the house in the first place might be the point of sale. What do the guests enjoy about the house the most?

Ensure your house is ready for occupation

Another valuable tip on how to sell a house quickly in a slow market is to make sure it’s in “move-in” condition. When a property buyer feels like they can move in immediately, they ‘re not going to worry about the house having any other minor issues. They ‘re not going to have to waste their money and time fixing problems until they move in. Therefore, do all the requisite repairs.

Choose the best buyer

Once the offers have been placed on the table, your next big job is to choose the most reliable buyer.

Safer buyers include those who have already sold their house and are in rented housing, chain-free first-time buyers, and cash buyers who do not need a mortgage. Keep this in mind, but depending on how many deals you receive, this option might not be a luxury you have.

There will also be other considerations that you need to take into account, such as how fast you need to sell, and if you’ve found a place to move into yourself.

Sell house to an investor

If you’re looking for a way to sell your home quickly and in cash, real estate investors look like the most enticing choice. Any cash home buyer advertises that they’re going to make the transaction so easy for you, and you’re going to get cash in no time.

Real estate investors buy cash and out-of-market homes from sellers who have problems requiring quick and easy sale of their properties. Investors solve the problems of the previous owners and rent or resell the properties they bought.

Investors are buying houses in any condition. Because of their streamlined business model, real estate transactions can be completed in just a few days.

An investor may be extremely helpful if you’re thinking about selling your house in a poor condition like IS when nobody wants to buy it and you can’t afford to fix it.

An investment property firm can buy your house AS-IS in either condition, even if your home is broken down. When you sell your house to an investor, they will take full responsibility for all the necessary repairs.

If you have been thinking about selling, it likely means that it is the right time! There isn’t one answer that is right for everyone! Consider your options and make the decision that works best for you! Our team is ready to help answer any questions you may have!

Interested in selling your house in Oklahoma City? We can help! Send us a message or give us a call today! 405-395-2085

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