2009- The Season to Sell- Let Me Tell You Why!
2009- The Season to Sell- Let Me Tell You Why!
Hooray, a new year is here, a year filled with tons of great opportunities for those ready to take control of the unique possibilities out there for Knoxville Tennesseans.
Your neighbors, your friends, the media, may have told you that now is not the time to Sell, and that unless you absolutely have to move you should wait. However, in reality now is the perfect time to TRADE UP!
Perhaps your expanding family has made your current home a little bit too cramped and you are in need of more room. Maybe with the kids gone, your home is too big and you are looking to downsize. Maybe, your old home is too far from work and schools and you have found yourself wasting way too much time in commuting. Whatever your situation may be, it may be time for a change and there has been no better time in years to do so.
Let me tell you why!
If you are a Seller/Buyer who is in need/want of a trade up then you can actually do so and SAVE! Because both interest rates and home prices are lower than they were last year (in many areas) the amount you SAVE on your NEW home can offset any amount you lose on the sale of your current home. Not too shabby considering this next home will be the one you have the new 30 year mortgage on.
Here is an example of a Buyer in a Trade Up Market
REALTOR® Magazine said “Falling Home prices are a great opportunity for move up buyers. Even though your home sale price may be lower, the smaller loss at sale can be compensated by greater savings at purchase. If home prices dropped by 5%, here’s what it could look like if you decided to trade up”:
Old Home Price = $200,000 New Home Price = $400,000
Sell at $190,000 = $10,000 less Buy at $380,000 = $20,000 SAVINGS
***Plus with the now lower interest rates the savings will even be greater!
Ready to Trade Up?
- Don’t let this opportunity slip away, make 2009 the “Year of Great Opportunity”, not the “Year of Regret and Missed Boats”.
- Contact Christine and Jennifer directly at (865) 237-5289 or by e-mail at Christine@HomesForSaleKnoxville.com- we will sent you a short and easy Buyer want/need questionnaire and immediately get you set up to receive free Listing Notifiers/Best Buy List sent directly to your e-mail. Your contact information will never be sold/shared with anyone and you can stop receiving listings at any time.
- If you need a list of local recommended lender’s let us know- talk to them about getting set up with an interest rate notifier so you can be notified of low rates to get locked in at.
Curious about what your current home would sell for? Contact Christine and Jennifer today and we will gladly create a free Sellers Comparative Market Analysis filled with helpful, comps, graphs, stats, and tips on how to sell your home quickly and for more money with our unique selling strategy.