There are many reasons to sell your home in Scottsdale. And this is a great time for sellers as the economy has improved and many consumers who couldn’t get approved for a mortgage before are interested in purchasing a home now. This increase in buyers has led to a shortage of inventory and has created a seller’s market. Having an understanding of why you want to sell will help both you and your real estate professional to market and sell your home to meet your current needs.
Many homeowners are motivated to sell when they decide that it is time to upgrade their home. They might need a larger home for a growing family or they want to have more entertaining space or a special feature such as a theater room. Sometimes the desire for a larger home is the result of a raise or new job with a larger salary. Real estate is always a good investment and the added benefit is more space.
Other homeowners are at the other end of this journey and have found that their current home is too large. Children have moved out and there is no need for all of the extra space. It is simply an added expense to care for and additional work to clean. Empty nesters want to downsize and simplify their home and their lifestyle.
Sometimes there is nothing wrong with a home other than its location. A new job or a transfer could mean that it is just not logistically possible to live in the same home. Selling your current home and relocating will allow you to begin anew at your new job and in a new home. Another reason for a location change could be the change of the actual neighborhood itself. You might not be happy with the changes that have occurred around your current home. Zoning might have changed allowing retail shops or buildings and the neighborhood might not meet your personal expectations any longer.
Major life changing events also sometimes dictate that a move is required. Getting married and starting your life together in a new home that you select together is very common. And the reverse is also true, divorce often results in selling the family home because neither party wants to keep the home or cannot afford to keep the home. Selling the house is a simple way to be able to split the equity and move forward with completely independent finances.
You might still like your home and the neighborhood but you realize that the value of the property is much higher in the current market. You could make a decision to sell based solely on finances. This just might be a good time for you to sell and capitalize on the equity that you have built up in your home. Knowing what your goals and expectations are for selling your home ensures that you will be satisfied with the outcome of the sale. It will help your realtor to guide you to a sale that will quickly and efficiently meet your current needs.