Charlotte, NC continues to be one of the fastest growing cities in the country! In fact, a recent analysis by CBJ parent company American City Business Journals concluded that the Queen City has gained about 32 jobs each day since 2006! People are flocking to the Charlotte metro are for great jobs, the warm climate and a booming housing market (this is where we can help!) Not sure if you’re ready to sell your home? Here are a few reasons why it might be time to put the ‘For Sale’ sign in your front yard.
Equity is on your side. Simply put, equity is the value built up in your home that’s determined by the current market value less your remaining mortgage payments. Our team at Premier Property Solutions can prepare a FREE market analysis of your home so you know exactly where you stand. Assuming that your goal is to sell your home and purchase another, you’ll ideally want to aim for about 20% recovery on the value of your home that you can use toward your next purchase. Of course, this isn’t always the case so the best way to determine your equity is to have an experienced real estate agent prepare a market analysis on your home.
Your family is growing. Starter homes are great but when your family starts to double in size, it might be time move! Looking for a backyard for the kids? Need an extra bedroom for in-laws? A better school district, perhaps? Maybe the kids are gone and it’s time to downsize. Whatever the reason, if your list of needs goes on and on, it might be time to consider a move.
You have a little cash saved up. Of course one of the main goals of selling your home is to make money, but you’ll want to have a little cash on hand to make small changes that can go a long way. Your Premier Property Solutions agent will work with you and your budget to stage your home the best way possible. You don’t have to renovate your entire kitchen but little things like updated fixtures, fresh paint and great curb appeal go a long way! Work with a professional you can trust to do what’s best for you and your budget.
You can emotionally detach from your home. This is a big one! Homes are often filled with great memories, personal touches and emotional bonds. Sellers who are emotionally attached are more likely to resist making changes that will bring their homes to market-ready condition. If you are able to take down your great grandmother’s painting and repaint your daughter’s hot pink bedroom walls at the suggestion of your agent, then you are ready to sell your home! Remember, these changes are only temporary and you’ll be ready to move into your home in no time. Sometimes it’s necessary to remove personal touches from a home to appeal to a wide variety of potential buyers.
If you’ve answered yes to any of these questions, contact us today to set up your FREE market analysis. There has never been a better time to sell in the Queen City!