Wednesday, November 14, 2018

5 Signs It's Time to Sell Your North Shore Home

Every North Shore homeowner's reason for selling their property will be different, but there are a few significant signs that will ultimately show you it's time to move on. Perhaps you've outgrown the space or your job is taking you to a different Chicago area community— regardless of the reasoning, you can count on me to help you through the process!

Below are five signs it's time to sell your Glencoe, Winnetka, Highland Park, Deerfield, or Northbrook home and move on:

Your costs are too high
Not all homeowners on Chicago's North Shore are prepared for the costs that come with managing a property. If you find yourself in this position and need to reduce your monthly maintenance costs or mortgage payment, it is likely time to list your home and find a property better suited to your financial situation.

You've outgrown the home
If your family is growing (or for empty-nesters, the opposite), but your home is not, that is a great sign you're ready to sell and move on! Whether you're looking for a larger home or one with fewer bedrooms as your children fly the coop, you can count on me to provide a list of available properties that fit the bill.

The market is booming
Sellers still have an edge in today's real estate market, so why not take advantage? Especially if buyer demand continues to increase and you have built up equity in your property, chances are great that you will be able to find a buyer quickly and settle into your next dream home ASAP.

Your value is favorable
As I mentioned earlier, it may be time to move on if market conditions are favorable and you've built up equity in your home. You may even notice that your neighbor got a great price for their home and you'd like to sell and reap the same rewards!

You've been in the home five years
It is often recommended that homeowners stay in their property at least five years to allow themselves to build equity. After all, when you begin paying your mortgage, the first payments are almost always all interest. Unless you have an urgent need to move, consider staying put for five years and then make your decision.

Curious about your home value or have questions about getting the listing process started? Give me a call today! I'm happy to help just as I have with numerous other North Shore homeowners!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert


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